In early August, Saudi Arabia’s Public Pensions Agency (PPA) launched a new housing project in Jeddah. Construction work on the 1,180 villas and 6,160 apartments should begin before the end of the year and the scheme will
With Saudi Arabia aiming to increase home ownership to 80 per cent by 2024, top opportunities for real estate, construction and financing companies are emerging, said the organisers of an upcoming real estate summit in Jeddah.
A shortage of housing and rising land costs are causing house prices in Saudi Arabia's two largest cities to rise while an increase in new office space will push rental rates lower in Riyadh, a report said on Sunday.
"The sheer pressure of