Saudi Arabia’s National Housing Co. launches 11 residential projects in Riyadh’s Khuzam area

  • 11/19/2024
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JEDDAH: Saudi Arabia’s National Housing Co. has launched 11 projects in Riyadh’s Khuzam area, offering over 10,000 units to meet growing demand for quality housing in the Kingdom. These developments, including modern designs, are part of NHC’s strategic push to diversify housing supply and address the varied needs of Saudi families. The projects range from luxurious villas to contemporary apartments, catering to different client needs, according to a press release. These include Khuzam Park Residence, with units up to 379 sq. meters, and Tala Khuzam, offering units as large as 430 sq. meters. Additionally, the Tala Khuzam project features units as small as 219 sq. meters. NHC, one of the leading developers of suburban and residential areas in Saudi Arabia, plays an important role in the real estate sector, focusing on improving quality of life and expanding housing supply across the Kingdom. These efforts are aligned with Vision 2030, which aims to raise homeownership among Saudi families to 70 percent. The company also announced the Eyal Khuzam project which offers luxury units up to 796 sq. meters, while Jawharat Khuzam 1 boasts units up to 929 sq. meters. The Nafah project offers units up to 600 sq. meters. Within the Regan compound, which was unveiled at the Cityscape exhibition earlier this month, NHC introduced Rasin Rejan Hills and Ewan Rejan projects, with residential units up to 435 sq. meters. The company said both developments feature high privacy, 24/7 security, and are positioned as ideal living spaces in Khuzam. Additionally, NHC launched the Azyan Khuzam project, offering units from 200 to 471 sq. meters, and the Jadaya project, with units up to 538 sq. meters. The Ewan Khuzam project includes villas of up to 594 sq. meters. NHC emphasizes its commitment to maintaining quality standards with thoughtful designs and well-integrated infrastructure, including educational, health care, sports, cultural, and commercial amenities, as well as green spaces. Over the course of the four-day Cityscape exhibition, NHC signed more than 38 agreements worth over SR5 billion ($1.33 billion) in the supply chain sector. These agreements, which involve both local and international companies, cover various areas including logistics services, securing essential materials, and localizing industries within the sector.

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