May 24, 2026
‎Al-Hogail expects large real estate supply in Riyadh

Majed Al Hogail,Minister of Municipalities and Housing

Saudi Arabia’s Minister of Municipalities and Housing, Majed Al Hogail, said Riyadh is currently witnessing historically high demand for construction and development permits, signaling a significant pipeline of real estate supply set to enter the market.

Al-Hogail told Asharq that when supply is higher than demand…
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