Saudi’s Retal Company awarded $252.6 million Housing Development Contracts

Retal Urban Development Company, Saudi Arabia announced in a statement that it has  signed two agreements with National Housing Company to purchase developed lands, for the purpose of developing residential units in Al Khozam Suburb in Riyadh City.

The contract value is SAR 947.6 million.

As part of the contract, the company expected to be develop a total of 947 residential units. The duration of the contract is 55 Months for the development of residential units.

Read Also: Saudi’s Retal Urban Development Co. signs $249.1 million Agreements