?Any significant reform in reducing the cost of home finance will positively impact the real estate market,?* JLL said Wednesday in its inaugural ?2016 Top Trends report for the KSA real estate Market?. In Q4 2015, it was an**unced that the state owned Saudi real estate Development Fund (REDF) will be turned into a bank ? such developments will address some of the issues related to home financing in the Saudi market. The current shortfall has both social and eco**mic costs, and it will require a collaborative effort from both the government and private developers in addressing this shortage.
02-18-2016, 02:10 PM
Saudi home financing reforms beneficial to real estate market
?Any significant reform in reducing the cost of home finance will positively impact the real estate market,?* JLL said Wednesday in its inaugural ?2016 Top Trends report for the KSA real estate Market?. In Q4 2015, it was an**unced that the state owned Saudi real estate Development Fund (REDF) will be turned into a bank ? such developments will address some of the issues related to home financing in the Saudi market. The current shortfall has both social and eco**mic costs, and it will require a collaborative effort from both the government and private developers in addressing this shortage.
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