RIYADH: The value of daily transactions on the Kingdom’s Real Estate Market platform has risen beyond SR1 billion ($266.66 million), according to figures from the Ministry of Justice. The platform now has more than 1 million registered users, 30,000 daily users and handles 2,000 transactions per day, the Saudi Press Agency reported. “The Real Estate Market platform contributes to enhancing the investment environment within Saudi Arabia,” the ministry said. “It contributes significantly to promoting transparency in real estate trading and the governance of notarial procedures related to property.” The platform can be used to buy and sell property, subdivide and merge properties under a unified identity, digitize property ownership documents and access mortgage services.