The Ministry of housing has entered into an agreement with developers participating in the Eastern Province housing Exhibition, which will require developers to sell 50 percent of the projects presented at the event. A total of 5,000 housing units and apartments in the **rth and south of the province near the Riyadh?Dammam road are being marketed at the expo. Until Thursday, participating companies had finalized only 20 contracts, out of a total of 43,000 applicants who expressed interesting in purchasing the units on the Ministry of Housing?s online portal.
06-20-2015, 04:09 PM
Ministry, developers in deal to sell 50% of EP housing units
The Ministry of housing has entered into an agreement with developers participating in the Eastern Province housing Exhibition, which will require developers to sell 50 percent of the projects presented at the event. A total of 5,000 housing units and apartments in the **rth and south of the province near the Riyadh?Dammam road are being marketed at the expo. Until Thursday, participating companies had finalized only 20 contracts, out of a total of 43,000 applicants who expressed interesting in purchasing the units on the Ministry of Housing?s online portal.
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