17 Hrs
Source:
الاقتصادية
Asir region land development progresses
Approximately 7 million square meters of vacant land in the Asir region have been included within development pathways as part of efforts to implement the White Land and Vacant Property Tax system, aimed at promoting land development and increasing its efficiency within urban areas. Of these spaces, 1.5 million square meters have been developed, while 5.5 million square meters are still under development, contributing to an increase in available real estate and housing options in the region. The revenue generated from the fees has supported 17 development projects, enhanced the infrastructure of housing projects, and backed urban development efforts in Asir, all within the framework of strategies to stimulate real estate investment, increase supply, and balance the market in line with Saudi Vision 2030 objectives.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)