Ministry of Housing

Sakani

التاريخ الهجري

Thursday 11 Shaban 1439 on April 26, 2018

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Vision and Mission

Vision

Organize and facilitate a balanced and sustainable housing environment.

Mission

To develop programs that stimulate the private and public sectors through cooperation and partnership in organizing, planning and monitoring to facilitate housing for all community segments at reasonable price and quality. The vision and mission based on fulfilling the sufficient supply and demand necessity and it is supported by the following:

  1. Research, studies and communication awareness.

  2. Support planning, organization and control.

  3. Sustain the Ministry's resources through funding and investment 

 

Strategic objectives

  1. To stimulate real estate supply and raising productivity to provide residential products at reasonable price and quality    
  2. Engage with private sectors' developers on the Ministry's lands    
  3. Stimulate the housing products development on privet sector lands
  4. Stimulate the lands that are subject to the IDLE land tax    
  5. Promote the development of slum areas and the cities centers for the maximum use
  6. Urban regulation
  7. Develop the Ministry lands for the benefit of housing subsidy beneficiaries
  8. Centralized procurement
  9. Exploitation of public sector lands, including:
    • land exchange with the public sector (within built up area)
    • Partnership with public sectors (SHRAKAT)

 

Challenges

It is our duty in the Ministry of Housing to organize and facilitate a balanced and sustainable housing environment through the establishment and development of programs to stimulate the private and public sectors through cooperation and partnership in organizing, planning and control to facilitate housing for all community segments at the suitable price and high quality. Based on Saudi Vision 2030, and in pursuit of a vibrant society, the Ministry of Housing aims to increase the ownership rate by at least 52% by the year 1442H / 2030. Through the enactment of a number of rules and regulations, stimulate the private-sector, and build an effective partnership with the citizen to provide an adequate housing in accordance with ownership paths by offering savings and financing solutions that suit the citizens needs. One of the primary challenges facing the ministry:


1-Limited availability of suitable housing units for all community segments.

2-Difficulty in accessing adequate housing finance.

3-The inefficiency of the real estate sector.

4-Haveay reliance on government funding.