Logo ofMSGA Investment Co.
MSGA Investment Co. signed a contract to sell residential units in its MSGA 30 project in Riyadh’s Al-Safa district to the Developmental Housing Foundation (Sakan), for SAR 13.47 million, excluding real estate transaction tax and brokerage fees. 
According to a statement to Tadawul today, Oct. 14, the ownership of these units will be transferred within 60 days from the contract’s signing date. The deal covers 25% of the project’s residential units.
The company expects the transaction to have a positive financial impact on its results starting from Q4 2026.
Logo ofMSGA Investment Co.
MSGA Investment Co. signed a contract to sell residential units in its MSGA 30 project in Riyadh’s Al-Safa district to the Developmental Housing Foundation (Sakan), for SAR 13.47 million, excluding real estate transaction tax and brokerage fees.
According to a statement to Tadawul today, Oct. 14, the ownership of these units will be transferred within 60 days from the contract’s signing date. The deal covers 25% of the project’s residential units.
The company expects the transaction to have a positive financial impact on its results starting from Q4 2026.
