Riyadh city
The regulations on vacant property and idle land fees, which are set to be issued soon, may include raising the annual fees on vacant properties from 5% to 10%, Al Eqtisadiah newspaper reported, citing an informed source. 
The Ministry of Municipal and Rural Affairs and Housing will issue detailed regulations outlining fair application mechanisms, anti-evasion procedures, and criteria for deeming a property vacant.
In April, the Cabinet approved amending the idle land fees regulations, Argaam earlier reported.
Majid Al-Hogail, Minister of Municipal and Rural Affairs and Housing, said work is underway to issue the regulation’s executive bylaws within 90 days from the date of publication in the official gazette.
Riyadh city
The regulations on vacant property and idle land fees, which are set to be issued soon, may include raising the annual fees on vacant properties from 5% to 10%, Al Eqtisadiah newspaper reported, citing an informed source.
The Ministry of Municipal and Rural Affairs and Housing will issue detailed regulations outlining fair application mechanisms, anti-evasion procedures, and criteria for deeming a property vacant.
In April, the Cabinet approved amending the idle land fees regulations, Argaam earlier reported.
Majid Al-Hogail, Minister of Municipal and Rural Affairs and Housing, said work is underway to issue the regulation’s executive bylaws within 90 days from the date of publication in the official gazette.
