Saudi Real Estate Market platform provides 600K+ services in 2023

Published : 2024-04-02 11:10:01
By: admin

The Saudi Ministry of Justice’s Real Estate Market platform delivered over 600,000 services to its clients in 2023. These services encompassed a variety of real estate transactions, such as electronic conveyance, title deed modifications, property subdivision, associating title deeds with real estate identities, and the mortgaging of properties.

"Accessible at srem.moj.gov.sa, the platform plays a pivotal role in enhancing the Kingdom’s investment landscape," the MoJ said. "It achieves this by promoting transparency, ensuring the freedom of offers and bids, providing equal opportunities, and streamlining procedural governance."

The platform acts as a reliable data repository for investors, offering up-to-the-minute real estate information, as well as direct and regular reports on the sector.

The platform also allows live tracking of real estate transactions across the various regions of Saudi Arabia. This includes detailed insights into transaction values, locations, square meter pricing, property dimensions, and the precise timing of each transaction.