Saudi Real Estate Market witnesses 130,000 sells, buys in first phase

28/08/2023 Argaam
Logo of SaudiReal Estate Market

Logo of Saudi Real Estate Market

As many as 250,000 transactions were conducted during the trial launch of the Saudi Real Estate Market, the Ministry of Justice stated.

 

The sale and purchase transactions amounted to 130,000, while the sorting and consolidation reached 100,000. The number of mortgages stood at 20,000.

 

Minister of Justice Walid Al-Samaani launched the Real Estate Market on Aug. 27, Argaam reported.

 

The market allows easy buying and selling of properties, in addition to helping beneficiaries to leverage mortgage services electronically. It also offers the consolidation and sorting of real estate deeds, as well as deeds updating.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.