Home ProjectsResidental Retal Signs SAR 864 Million Contract for Riyadh Housing Project
Residental

Retal Signs SAR 864 Million Contract for Riyadh Housing Project

by Eddie Rayner

Retal Urban Development Co. has signed a sub-development agreement with the National Housing Co. (NHC) to build 759 housing units in Al Fursan district 1, Riyadh, at an approximate cost of SAR 864 million.

The project will cover a land area of 227,837m2, with expected completion in 42 months.

The project will be funded through off-plan sales and internal resources.

The project involves the construction of 759 housing units