Saudi Arabia’s National Housing Company has announced the launch of 11 key residential projects in Khuzam area of capital Riyadh featuring over 10,000 units – ranging from villas to apartments.
The new projects include Khuzam Park Residence, with units up to 379 sq m and Tala Khuzam, offering units as large as 430 sq m, while Telal Khuzam has units of nearly 219 sq m; Iyali Khuzam (796 sq m); Jawharat Khuzam 1 (929 sq m), Nafah (600 sq m), Azyan Khuzam (200 to 471 sq m) and Jadaya (538 sq m). The projects also include Ewan Khuzam that features villas with areas of up to 594 sq m.
The Saudi housing group had signed more than 38 agreements worth over USD 1.33 bln. Of these, a significant one was with Tatweer for a mixed-use project worth USD 399 mln. The project, spanning 180,000 sq m, is strategically located across from King Abdullah Sports City (Al-Jawhara Stadium) in Jeddah.
