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Asir's summer season closes with Adeer

Adeer has recorded a new achievement in the Asir region, selling the Rawabi Asir plots for sales approaching SAR 200 million.

26 Aug 2024 · 1 min · KSA
Asir's summer season closes with Adeer

Adeer, a leader in real estate marketing in the Kingdom, delivered an exceptional result at the Rawabi Asir auction it held today, Wednesday 07 August 2024, at the Golden Palace Hall in Khamis Mushait, where the plots on offer sold for SAR 197,152,927 (including the real estate transaction tax and brokerage fee).

The auction drew strong demand from leading investors and business figures, and intense competition for the varied investment opportunities in the Rawabi Asir project, located in the Hajlaa and Sultanah districts of Abha and Khamis Mushait. The plots ranged from residential to commercial and agricultural, in a range of sizes suited to different projects, and are distinguished by strategic locations close to the cities' main landmarks and their service and leisure facilities.

For his part, Suleiman Al-Harbi, Deputy Chief Executive Officer of Adeer, said: "We are pleased with the strong result achieved by the Rawabi Asir auction, which reflects investor confidence in our projects and in the Asir region as a promising investment destination. This result is evidence of our commitment to offering our clients the best investment opportunities and of our contribution to developing the real estate sector in the Kingdom."

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