501-unit residential villa project launched in Tabruk City in KSA
Project is for the beneficiaries of the Sakani programme, KSA’s National Housing says
Saudi Arabia’s National Housing (NHC) has launched a new 501-unit residential villa project for the beneficiaries of the Sakani programme in the city of Tabruk.
In a statement, Sakani said the project is spread over an area of 142,000sqm in the Tabruk Valley. It is located within an integrated residential neighbourhood, featuring model villas designed with future expansion in mind. The villas are built on areas starting from 203sqm, up to 245sqm.
The residential units will meet the needs of Saudi families, with a number of facilities and services available to provide a modern environment and an improved quality of life. Prices for the units will start from $151,522, Sakani added.
National Housing CEO Mohammed bin Saleh Al Bati explained that the villas are available in three different models of various designs and spaces, as part of efforts to offer multiple housing options for families wishing to own properties.
“The project is an extension of the efforts of the National Housing to provide residential projects within vibrant communities of a civilized nature with distinctive and modern designs that suit the tastes of the beneficiaries, within the continuous expansion plans to increase the real estate supply and provide housing units that suit the needs of Saudi families and their purchasing capabilities in order to raise the percentage of ownership of the first home for families,” he noted.
The Tabuk Valley project comes as an extension of a number of projects and schemes being implemented in the region that will add more than 6,000 housing options for ‘Sakani’ beneficiaries, he added.
The projects include three under construction – Durrat Tabuk, which features 1056 apartments; Tabouk Oasis with 732 apartments; and Basateen Tabuk, which consists of 812 townhouses. In addition, there are three projects for ready-made villas including the 901-unit Tabuk Housing, 359-unit Umluj housing and the 388-unit Tima’a Housing project. There are also five plots of land available that are equivalent to 2,000 residential plots, Al Bati added.
The Tabuk Valley project was inaugurated by Deputy Minister of Municipal and Rural Affairs and Housing, Engineer Abdullah bin Muhammad Al Badir, in the presence of senior officials.
Strategically located, the project is within the urban scope of Tabuk city along the main roads such as King Faisal Road and King Khalid Road near health, educational and commercial services, and within a residential complex with integrated services, facilities and public parks to achieve quality of life standards.
