MOMAH develops 7 million sqm of undeveloped land in Asir

Revenue from white land fees helped support 17 projects in Asir: MOMAH

The Ministry of Municipalities and Housing (MOMAH) said seven million sqm of undeveloped land in Asir entered development programs, as part of the implementation of the White Land and Vacant Property Fees Law.

 

In a statement, the Ministry said the area includes 1.5 million sqm of land that has been developed, in addition to 5.5 million sqm currently under development. This is expected to enhance the utilization of undeveloped land and support an increase in the supply of real estate and housing in the region.

 

It said revenues from the white land fees helped support 17 projects in Asir, as fee proceeds are directed toward supporting infrastructure for housing projects and promoting urban development in the region.

 

According to data available with Argaam, the total area of undeveloped land that entered development or trading programs across the Kingdom has now reached around 286 million sqm. Fee revenues have contributed to supporting 88 housing and infrastructure projects.

 

Undeveloped Land Entering Development Programs by Region (mln sqm)

Region

Developed

Under trading

Under development

Total

Projects supported by fee revenues

Riyadh

29

20

21

71

27 projects

Eastern Province

49

61

36

146

16 projects

Makkah

13

9

5

28

14 projects

Madinah

12

2

5

19

9 projects

Qassim

0.6

6

8

15

5 projects

Asir

1.5

--

5.5

7

17 projects

Total

105.1

98

80.5

286

88 projects
 

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