AI Summary
Logo of State Properties General Authority (SPGA)
The board of directors of the State Properties General Authority (SPGA), chaired by Minister of Finance Mohammed Al-Jadaan, approved new updates to guidelines for allocating and redeeming state properties. These changes aim to develop, improve and organize the process of property allocating based on the requirements of government agencies.
The new updates require the entity requesting property allocations to develop a plan to estimate their real estate needs for the next three fiscal years in coordination with the SPGA, according to a statement received by Argaam. Additionally, the entity must not have any unused property that meets its current needs, and the requested property complies with the approved standards.
The allocation application must be submitted through the “Intifaa” e-portal, where an allocation certificate with a unique identification number will be issued to document the decision.
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Key Allocation Procedures That New Updates Aim to Regulate |
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Procedure |
Target |
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Need assessment plan |
The entity requesting the allocation must develop a three-year plan in coordination with SPGA |
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Allocation conditions |
- The entity does not have an unused property - The required area is consistent with the need assessment criteria adopted by SPGA |
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Allocation steps |
- Submitting applications through the Intifaa platform - Issuing an allocation certificate with a unique number |
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Property conditions |
- Vacant or unused - Free from disputes and third-party rights - Complies with approved plans |
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Property evaluation |
- Evaluation of the property to be allocated by qualified evaluators according to the requirements of the Saudi Authority for Accredited Valuers |
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Joint properties |
- A property can be allocated to more than one government entity - The Authority supervises in line with the shared buildings policy |
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Cases of property redemption |
- The entity dispensing with the property - The purpose of its allocation has ended - Leaving the property vacant for more than six months |
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Obligations of the entity to which it is allocated |
- Preserving the property and making the best use of it - Obtaining SPGA’s approval for any structural modifications - Submitting an annual report on the condition of the property |
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