The National Housing Company (NHC) has announced the full settlement of four residential areas within the 'Khayala' destination in Jeddah, which include the projects: Dar Sumo, Al-Muhandiya, Sama Jeddah, and Garden View. This step reflects the speed of achievement and customer confidence in the quality of design and execution provided by the company.
NHC also reported that it has started the settlement of the fifth area, 'Mila Project', with the delivery of 150 housing units to customers, in addition to another 150 housing units that are ready and currently being coordinated for delivery. The completion rate of the superstructure has reached 93%, confirming the company's commitment to rapid achievement and high efficiency in meeting customer aspirations.
Event Details
This step comes as part of NHC's efforts to develop integrated urban destinations that enhance the quality of life. The infrastructure has made significant progress, reaching 98%, with all essential networks completed, including environmental services, water, irrigation, electricity, and agriculture. This ensures the provision of a comprehensive product with outstanding specifications that meet the needs of residents.
Furthermore, NHC announced the completion of all five gardens in the destination, enhancing the vibrant character of the area and providing green spaces that support a healthy and sustainable lifestyle for residents.
Background & Context
The 'Khayala' destination is one of the most prominent urban projects developed by NHC in the Makkah region, covering an area of over 1.5 million square meters and comprising more than 3,600 housing units with modern designs. The destination is strategically located, linking it to the most important landmarks and main roads of Jeddah, facilitating access to essential and service facilities.
NHC aims through this project to enhance the quality of life in the region and provide integrated communities, with the destination designed to be a model for modern urban planning.
Impact & Consequences
These achievements affirm NHC's ability to meet the housing market needs in Jeddah, reflecting its commitment to developing projects that contribute to improving the quality of life. Additionally, these projects contribute to boosting the local economy by creating new job opportunities and stimulating commercial activity in the area.
These steps are also part of the Kingdom's Vision 2030, which aims to improve living standards and provide integrated housing environments that meet the needs of citizens and residents.
Regional Significance
The 'Khayala' project serves as a model in the field of real estate development in the Arab world, reflecting the trend towards creating integrated residential communities that meet the needs of residents. Such projects enhance the Kingdom's position as a leading center in housing and urban development.
In conclusion, NHC's achievements in the 'Khayala' project highlight the importance of sound urban planning in improving the quality of life, contributing to enhancing social and economic stability in the region.