Jeddah Municipality approves 7 new housing schemes

Jeddah Municipality approves 7 new housing schemes

Jeddah Municipality approves 7 new housing schemes

The Mayor of Jeddah Governorate, Dr. Hani Muhammad Abu Ras, confirmed that the Jeddah Municipality approved 7 new plans that will provide 3278 housing plots in addition to 22,926 housing units targeted from them. The Mayor of Jeddah stated that the recently approved plans are private (not owned by the Municipality), indicating that there is a statistical availability that occurs weekly and is available to the public with the number of plans under approval and their details on the Municipality’s website. The latest reports circulating among real estate circles in Jeddah indicate its need for (250) thousand housing units in the next ten years, at a rate of 25 thousand units annually, to keep pace with the large population increase that it is witnessing. It is also mentioned that the Chamber of Commerce and Industry in Jeddah launched during the past week the first A housing committee in the Saudi Chambers to build and consolidate the relationship between the Ministry of Housing and the developers specializing in the housing sector, who have great experience and long experience in this field to bridge the gap between the two sectors. The committee decided in its first meeting to invite six members, one of them from the Jeddah Municipality, and 5 from the Ministries of Housing and Affairs The municipality, the village, the commerce, the National Guard, and Justice, to benefit from its expertise and support in setting up all that facilitates its tasks and achieves its goals in this field

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