The Real Estate Development Fund (REDF) represent 74% of the regional home loan market that tape-recorded SAR 625 billion from 2017 up until completion of 2023, stated CEO Mansour bin Madi.
The funding programs and services used for real estate assistance allowed more than 755,000 recipients to sign their funding agreements at an overall worth of over SAR 465 billion throughout the very same duration, Madi informed a panel in the Real Estate Future Forum kept in Riyadh.
He showed that the overall quantity transferred in the accounts of domestic recipients from 2017 till completion of 2023 surpassed SAR 55 billion.