‎MOMAH says 15M sqm of white land in Qassim enters development or trading

‎MOMAH says 15M sqm of white land in Qassim enters development or trading ‎MOMAH says 15M sqm of white land in Qassim enters development or trading

​‎

Logo ofMinistry of Municipalities and Housing (MOMAH)

Ministry of Municipalities and Housing (MOMAH) revealed that approximately 15 million square meters of white land in the Qassim region has entered development or trading channels.

Advertisement

The ministry said the total comprises 606,000 square meters of fully developed land, six million square meters of white land that has entered the market, and eight million square meters still under development.

These efforts support the transformation of underutilized land into productive urban developments and real estate projects.

It added that revenue generated from white land fees has financed five housing projects, as well as supporting infrastructure projects in Qassim, reflecting the ministry’s efforts to channel fee proceeds into initiatives that promote urban development and accommodate the region’s population and urban growth.

According to Argaam data, the total area of white land that has entered development or trading channels across Saudi Arabia has reached approximately 279 million square meters. Revenue from white land fees has supported 71 housing and infrastructure projects.

White Land Areas Entering Development or Trading by Region (mln sqm)

Region

Developed

Entered Trading

Under Development

Total

Projects Supported by Fee Revenue

Riyadh

29

20

21

71

27 projects

Eastern Province

49

61

36

146

16 projects

Makkah

13

9

5

28

14 projects

Madinah

12

2

5

19

9 projects

Qassim

0.6

6

8

15

5 projects

Total

103.6

98

75

279

71 projects

 

Logo ofMinistry of Municipalities and Housing (MOMAH)

Ministry of Municipalities and Housing (MOMAH) revealed that approximately 15 million square meters of white land in the Qassim region has entered development or trading channels.

The ministry said the total comprises 606,000 square meters of fully developed land, six million square meters of white land that has entered the market, and eight million square meters still under development.

These efforts support the transformation of underutilized land into productive urban developments and real estate projects.

It added that revenue generated from white land fees has financed five housing projects, as well as supporting infrastructure projects in Qassim, reflecting the ministry’s efforts to channel fee proceeds into initiatives that promote urban development and accommodate the region’s population and urban growth.

According to Argaam data, the total area of white land that has entered development or trading channels across Saudi Arabia has reached approximately 279 million square meters. Revenue from white land fees has supported 71 housing and infrastructure projects.

White Land Areas Entering Development or Trading by Region (mln sqm)

Region

Developed

Entered Trading

Under Development

Total

Projects Supported by Fee Revenue

Riyadh

29

20

21

71

27 projects

Eastern Province

49

61

36

146

16 projects

Makkah

13

9

5

28

14 projects

Madinah

12

2

5

19

9 projects

Qassim

0.6

6

8

15

5 projects

Total

103.6

98

75

279

71 projects

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement