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 الجمهوريّة
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2026-11-15T19:31:13.067Z

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Housing Schemes Clarified

Housing Schemes Clarified

The Ministry of Equipment and Housing plans to build around 5,000 homes under a rent-to-own scheme between 2026 and 2030, at a cost of approximately 750 million dinars. In 2026, it began implementing the first tranche, comprising 1,213 homes in 11 governorates, at a cost of nearly 212 million dinars. The ministry explained that, under the FOPROLOS scheme, the maximum price per square metre is 1,949.789 dinars, based on the 2026 wage level. Loan interest rates range from 1% to 7%, and the maximum area for a collective housing unit is 120 square metres. It attributed the decline in approved projects in 2025 to rising costs for land, construction, labour and utility connections. The ministry stressed that its review of the housing strategy would update programmes and financing, while FOPROLOS, the “First Home” programme and rent-to-own schemes would continue.

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