‎Average annual sale, lease in Saudi Arabia rises to 60% in 5 years: Al-Mufarrej

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Spokesperson of Real Estate General Authority (REGA),Tayseer Al-Mufarrej

Tayseer Al-Mufarrej, Spokesperson of Real Estate General Authority (REGA), said the sale and lease of properties off-plan in Saudi Arabia has recorded an average annual growth rate of 60% over the past five years.

Al-Mufarrej pointed out that this increase reflects the growing interest from developers and investors in developing real estate units using the off-plan sales and leasing system…
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