Pan Kingdom Real Estate has announced the signing of two agreements with the National Housing Company (NHC) to develop integrated residential communities in the cities of Riyadh and Makkah Al-Mukarramah. The agreements were signed as part of efforts to support Saudi Vision 2030 by providing diverse housing options that meet the aspirations of Saudi families, on the sidelines of Cityscape 2024.The partnership includes the development of the “Jadaya” project in Khuzam Suburb, north of Riyadh. The project aims to establish a fully integrated residential community comprising 620 villas and townhouses, featuring contemporary designs and a variety of amenities tailored to residents’ needs.
The agreement also covers the development of the “Sadeel” project within the Makkah Hills community, east of Makkah. The project consists of 701 villas and townhouses and seeks to offer a premium residential experience in proximity to Al-Masjid Al-Haram, with a strong focus on quality of life and well-being.
Pan Kingdom Real Estate expressed its pride in this partnership, emphasizing its commitment to adhering to the highest construction and design standards, and to delivering modern residential communities that meet market needs and expectations. The company noted that these projects align with the sustainable real estate development strategy led by the National Housing Company.
These agreements represent an important step toward achieving the Kingdom’s ambitious housing objectives and enhancing citizens’ quality of life by providing diverse housing solutions within contemporary environments that combine modernity and comfort.
