Cityscape Global 2024 continued to attract visitors on its third day, as prominent real-estate developers and investors showcased several housing and investment opportunities at the Riyadh Exhibition and Convention Center in Malham.
The event, running until 8 p.m. on November 14, has drawn significant interest from visitors and prospective homeowners, eager to explore the exclusive offers from major Saudi and international companies participating in the event.
National Housing Company sales reach over SAR5 billion
Notably, sales of residential units have surged, with the National Housing Company reporting that total sales by its partners jumped from SAR2 billion on the first day to over SAR5 billion by the end of the second day. Cityscape Global 2024 also featured special offers, discounts, and a range of financing solutions provided through partnerships with local Saudi banks.
The National Housing Company has also introduced exclusive discounts of up to SAR100,000 on residential units during the exhibition, with the goal of facilitating the ownership of over 100,000 units across the Kingdom.
Additionally, the company offered financing options with benefits such as a fixed, reduced monthly instalment throughout the construction phase and a competitive profit margin rate as low as 2.59 percent until the end of November. During the exhibition, the profit margin declined further to 2.49 percent, making it a prime opportunity for buyers.
Sakani program offers 17,684Â residential units
The Sakani program’s pavilion at Cityscape Global 2024 also saw remarkable attendance, welcoming 14,756 visitors who gained entry after confirming their reservations through the Sakani platform.
Throughout the event, a total of 2,299 residential units were secured at the Sakani pavilion, representing over SAR1.15 billion ($306 million) in value, from the 17,684 units that the program made available to attendees. Additionally, the program’s financial advisory service conducted 394 consultations on-site at the pavilion.
