01 August 2023

Saudi Arabia’s National Housing Company (NHC) has launched its innovative integrated living project ‘Sadayem’ in North Obhur in Jeddah.

The ‘Sadayem’ suburb covers a total area exceeding 3.8 million sq m and houses over 8,000 residential units, including villas, apartments and townhouses.  Its integrated structures boast architectural designs inspired by the identity of the Hijazi region, creating a comfortable and luxurious living environment for more than 40,000 residents.

NHC’s latest uber luxury housing project is strategically located east of Al Buhairat city, near the Red Sea coast, and close to various essential services and significant future projects.

 The project was officially inaugurated by Prince Saud bin Abdullah bin Jalawi, Governor of Jeddah in the presence of Abdullah AlBudair, Vice Minister of Municipal and Rural Affairs and Housing, and Yazid bin Ibrahim Al-Nafisa, Deputy Executive President of the National Housing Company.

At the launch ceremony, NHC signed agreements with a number of developers including Retal Real Estate Development Company, Mayar for Development and Real Estate Investment Company, Dar and Emar for Real Estate Investment and Development Company, Mohamed Al Habib and Partners Company, Ajdan for Real Estate Development Company, Thabat Al Maskan Real Estate Company, and Ebar Al Mamlaka Real Estate Company.

The Saudi group said the Phase One villas have been priced at SR800,000 ($213,126) onwards. The sale of apartments and townhouses will follow in upcoming phases. 

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