الرياض تستقبل الدفعة الثانية من برنامج «التوازن العقاري» بفرض سقف سعري على الأراضي Riyadh Launches the Second Round of the Real Estate Balance Program with a Price Cap on Land
The “Real Estate Balance” program in Riyadh is entering its second year, aiming to reset the supply and demand equation in the real estate market.
Riyadh’s Real Estate Balance Program is entering its second year, aiming to rebalance supply and demand in the real estate market.
This comes by providing planned and developed residential lands to citizens at prices not exceeding 1,500 riyals per square meter.
The program seeks to achieve this by providing planned and developed residential plots to citizens at prices not exceeding SAR 1,500 per square meter.
The program aims to offer between 10,000 and 40,000 plots of land annually, over a period of five years.
The program aims to offer between 10,000 and 40,000 residential plots annually over a five-year period.
The Royal Commission for the City of Riyadh began receiving applications for the second batch of the program on Sunday, August 16, and applications will continue to be received until the end of next Tuesday, September 15, via the program’s electronic platform.
The Royal Commission for Riyadh City began accepting applications for the second round on Sunday, August 16, with applications remaining open until the end of Tuesday, September 15, through the program’s electronic platform.
The launch of the new batch comes as a continuation of the directives aimed at achieving balance in the real estate sector in Riyadh.
The launch of the new round continues efforts aimed at achieving greater balance in Riyadh’s real estate sector.
As the scope of the program expands, its impact on market movement and land and real estate price levels increases.
As the program expands, its impact on market activity and land and property prices is expected to increase.
The price set for lands within the program has also become a new reference for citizens and housing seekers.
The price set for land under the program has also become a new benchmark for citizens and home seekers.
This would provide more competitive alternatives compared to the prices traded in the traditional real estate market.
This could provide more competitive alternatives to prevailing prices in the traditional real estate market.
The program may prompt landowners, real estate offices and developers to re-evaluate their price levels and investment strategies.
The program may also prompt landowners, real estate offices, and developers to reassess their pricing levels and investment strategies.
The program reflects a trend to increase housing supply in line with the growing demand in the capital.
The program reflects an effort to increase residential supply in line with growing demand in the capital.
It is expected that its impact will gradually expand to include development and investment decisions and the course of prices in the real estate market in Riyadh.
Its impact is expected to gradually expand to influence development and investment decisions as well as price trends in Riyadh’s real estate market.
