Saudi Arabia’s Real Estate Development Fund launched at department stores throughout the Kingdom 13 presentations to showcase its services.
The presentations were aimed at facilitating to beneficiaries learning about the Fund’s services instead of having them refer to the firm’s branches or going through several procedures to receive these services. This will help reduce waiting times from 11 to three years.
The service, which was announced by the Fund, aims at providing all financing options to citizens and clearing any obstacles facing them. A beneficiary can complete the request for a financing loan to buy a ready-made housing unit or a unit under construction (sale on the map) or even signing up for a loan to build a unit by himself.
Presentations are held in 13 cities including Riyadh, Jeddah, Dammam, Mecca, Medinah, Jizan and Hail from 13 to 21 April. More presentations will be held in the cities of Qassim, Abha, Tabuk, Arar, Taif and Al Ahsa from 26 April to 5 May.
