Retal, NHC to develop SAR 5.2B project in Al Fursan suburb

02/12/2025 Argaam

Retal, NHC to develop SAR 5.2B project in Al Fursan suburb

Retal to develop residential units and execute infrastructure works for NHC project

Retal Urban Development Co. signed on Dec. 1 an agreement with National Housing Co. (NHC) for a residential real estate project valued at SAR 5.2 billion in Al-Fursan suburb (Phase 3) in Riyadh.


In a statement to Tadawul, the company said the agreement primarily covers the development of 4,839 residential units (villas/apartments), in addition to executing the project’s infrastructure works.

 

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