Cityscape Global in Riyadh: A New Chapter for Real Estate in KSA
Cityscape Global, which concluded just 10 days ago in Riyadh, served as a powerful global statement: the real estate market in KSA is not just active — it’s thriving. The energy and scale of the event reflected the nation’s renewed vision for real estate development and urban expansion.
Demographics Driving Demand
Saudi Arabia’s demographic advantage is undeniable. With 60% of its population under the age of 30, the Kingdom stands at the cusp of a generational shift in housing needs and lifestyle preferences. At the same time, the expatriate community is growing rapidly, adding new layers of diversity, demand, and opportunity to the housing and commercial sectors.
Legal Reforms Empowering Buyers and Investors
Legal reforms are playing a pivotal role in this transformation. The government is reshaping policies to support buyers and investors by offering transparency, simpler processes, and long-term residency incentives. It is replacing limited access and rigid restrictions with investor-friendly frameworks that match international standards.
New Destinations and Smart Developments
One of the most exciting trends visible at Cityscape was the development of new destinations across the country. These aren’t just expansions of existing cities — they are completely new experiences, with futuristic city models, mixed-use developments, and smart infrastructure projects. Developers are transforming previously untapped locations into vibrant communities with unique value propositions for residents and investors alike.
Mortgage Growth Unlocking Ownership
Meanwhile, the mortgage market in KSA is expected to double or even triple in the coming years. This shift is unlocking access to real estate ownership for a wider segment of the population. With tailored financing solutions and more competitive interest rates, people will have real options: the freedom to choose where they want to live, to find financing that fits their lifestyle, and to participate in a real estate market that is evolving into a true asset class.
Looking Ahead: KSA as a Global Real Estate Hub
Cityscape Global didn’t just showcase properties — it showcased the future. A future where Saudi Arabia is positioned as a global hub for real estate innovation, investment, and growth.
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