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Shoura Council proposes housing units to be sold to Saudis on instalment basis

  • Saudi Arabia: Wednesday, April 03 - 2013 at 05:56

The Saudi Shoura Council is set to submit within the next two weeks a proposal on the construction and sale of housing units to employees on instalment, Arab News has reported. The proposal by the council's Housing Committee is based on a government plan to build housing units of different sizes whose costs will range between SR500,000 and SR1m. According to the proposal, an authority comprising representatives from the ministries of finance, housing and municipalities will undertake the project.

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