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Real estate expert: Price stability achieved by housing balance platform, clear financial plan required

Majed Al-Arabi says the housing balance platform has stabilized prices in some neighborhoods and urges applicants to prepare clear financial plans.

Real estate expert: Price stability achieved by housing balance platform, clear financial plan required

Real estate expert Majed Al-Arabi claims the housing balance platform has achieved notable price stability in various neighborhoods. In an interview on Al-Ikhbariya Radio, Al-Arabi noted that applicants must come prepared with a clear financial plan for home ownership and construction projects, ensuring they can cover the necessary expenses.

He advised potential buyers to thoroughly evaluate their financial situation, the funds available, and construction costs, using a well-structured plan to facilitate proper ownership. Applications for the second year of the Housing Balance Program in Riyadh opened on Sunday and will continue until Tuesday, September 15, 2026, through the program's online platform.

Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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