Riyadh: CEO of NHC Mohammed Albuty announced the launch of more than 134,000 new housing units across multiple urban destinations in Saudi Arabia, with a total value exceeding SAR100 billion. The initiative is part of NHC's plan to reach 300,000 housing units by the end of 2025.
According to Saudi Press Agency, during his speech at the opening of Cityscape Global 2025 in Riyadh, Albuty said NHC's projects now span 25 urban destinations in 17 cities across the Kingdom. They offer sustainable communities that combine quality of life, employment opportunities, comfort, and nature. He noted that more than 134,000 units have been sold to date and over 60,000 families have already moved into NHC's various developments.
NHC continues to direct its investments to support urban development and enhance quality of life in the Kingdom, Albuty emphasized. He highlighted the Khuzam destination, which recently earned diamond accreditation from the Public Health Authority, marking it as the Kingdom's first health-promoting destination. This achievement reflects NHC's commitment to environmental and lifestyle standards that support individual and community well-being.
NHC remains focused on strengthening its position as the region's largest real estate developer and achieving targets aligned with Saudi Vision 2030, Albuty stressed. The company is launching specialized projects and strategic partnerships that drive urban development and boost real estate investment in the Kingdom.
The company's CEO pointed out the signing of international partnerships worth over SAR8 billion with companies from Korea, China, Egypt, and Trkiye, aimed at developing new projects and premium urban destinations. He noted that NHC is engaging with leading global companies in projects exceeding SAR40 billion.
Looking ahead to 2026, NHC announced housing and commercial investment opportunities valued at more than SAR60 billion, covering real estate development, supply chains, and sustainability. He emphasized that NHC welcomes both local and international investors to join its experience that redefines real estate development and elevates the housing experience to new levels.