Asir region's 7 million sq m land slated for development

The Saudi Ministry of Municipalities and Housing announced that 7 million square meters of vacant land in the Asir region have entered development phases, including 1.5 million square meters already developed and 5.5 million square meters under development. The aim is to increase land use efficiency and stimulate the real estate and housing markets. Revenue from land fees has contributed to supporting 17 infrastructure development projects and enhancing urban growth in the area, as part of the ministry's efforts to encourage landowners to develop their properties and to promote a balance between supply and demand in line with Saudi Arabia's Vision 2030.

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