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real estate|18 November, 2020

ROSHN announces flagship Riyadh community

Off-plan homes will be available for sale during the first half of 2021

  
Light trails from automobile traffic traveling along the King Fahd highway, left, and Olaya Street, right, in Riyadh, Saudi Arabia. Image used for illustrative purpose.

Light trails from automobile traffic traveling along the King Fahd highway, left, and Olaya Street, right, in Riyadh, Saudi Arabia. Image used for illustrative purpose.

Getty Images/Simon Dawson/Bloomberg
By Staff Writer, Saudi Gazette
RIYADH — ROSHN, Saudi Arabia’s national community developer, has announced its highly anticipated Riyadh community; spread across 20 million square meters and consisting of over 30,000 homes, it is the first community to be announced by ROSHN as part of a 10-year mandate to develop communities across the Kingdom.

The community is conveniently located close to the capital’s main attractions, key highways and transportation links, with mosques, shops, cafes, parks, schools, and leisure and entertainment facilities.

The architectural design of the community has been carefully considered to reflect the best of modern living whilst celebrating Saudi Arabia’s rich culture and heritage. The communities will provide homes to meet the needs of all Saudis offering modern living within a traditional setting.

David Grover, group chief executive officer at ROSHN said: “The announcement of the Riyadh community represents the initial step in the realization of our vision to become the most trusted community developer in Saudi Arabia.

“We are deeply committed to contributing to Vision 2030’s plans to increase the rate of home ownership in the country to 70%, whilst delivering high-quality homes and excellent amenities to the Saudi people.”

Off-plan homes will be available for sale during the first half of 2021. — SG

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