Al-Marsad Newspaper: Real estate expert Ahmed Al-Faqih said that the lifting of the ban on plans north of Riyadh is a good sign of these lands entering the market.
Al-Faqih said in a telephone call to Al-Ekhbariya channel: “The area covered by this important decision reaches 191 square kilometers, and this is a very large area that could be almost equal to Al-Khair and Benban plan together. “
He continued: “The effect of lifting the ban on plans north of Riyadh is to increase supply and stabilize prices. The market was thirsty because of the high demand that Riyadh is experiencing, which is also currently matched by high. pumping in this area for which the ban was lifted.”
He continued: “We will see good supply which will contribute to the stability of the market, and in the long term, these large spaces on offer will reduce the pressure on the north and the city center due to congestion. “
2024-10-07 20:03:57
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