Core Viewpoint - The article highlights the rapid rise in real estate prices in Riyadh, Saudi Arabia, driven by the country's ongoing reforms, increased foreign investment, and a growing expatriate population, creating significant opportunities for businesses in the real estate sector [4][10][19]. Group 1: Real Estate Market Dynamics - Riyadh's hotel prices have surged, with rates reaching up to 9,000 USD per night during peak events, indicating a booming hospitality sector [4]. - The Saudi government plans to limit business operations with foreign companies that do not establish regional headquarters in the country, aiming to attract foreign investment and reduce economic outflow [10]. - The demand for premium office spaces has increased, with rental prices projected to rise by 19% in 2024 due to the influx of foreign companies [10]. - The housing market is experiencing a significant increase in demand, with apartment prices in Riyadh rising nearly 11% by 2024, equating to approximately 1,500 USD per square meter [19]. Group 2: Government Initiatives and Economic Reforms - The Saudi government aims to increase home ownership among citizens to 70% by 2030, implementing various loan programs to support different income levels [12]. - A new tax on undeveloped land has been introduced to combat speculation and increase housing supply, raising the annual tax rate from 2.5% to 10% [12]. - The opening of the Riyadh metro system is expected to enhance urban mobility and support the city's transformation into a global metropolis, with a capacity to handle up to 3.6 million passengers daily [13][15]. Group 3: Expatriate Population and Rental Market - The influx of expatriates from various countries is driving rental demand, with many seeking long-term housing solutions in Riyadh [20][24]. - The article notes that the majority of the rental market's target demographic consists of expatriates and young professionals attracted by the city's economic growth [24]. - The rental market is experiencing a supply-demand imbalance, with developers encouraged to focus on affordable housing options to meet the needs of the growing population [20][21]. Group 4: Investment Opportunities - The article discusses the potential for real estate investment in Saudi Arabia, highlighting the favorable rental yields compared to major cities like Beijing and Shanghai [31]. - Foreign investors can acquire property under specific conditions, including holding a valid residency permit, which has led to increased interest in the Saudi real estate market [31][32]. - The government's introduction of a golden visa program allows foreign investors to gain permanent residency through real estate investments, further stimulating market activity [32].

Core Viewpoint - Saudi Arabia is experiencing a significant economic transformation, attracting foreign investment and leading to a surge in real estate prices, particularly in Riyadh, as the city becomes a global hub for business and expatriates [4][12][20]. Group 1: Economic Opportunities - The influx of foreign companies establishing regional headquarters in Riyadh is driving demand for premium office spaces, with rental prices expected to rise by 19% in 2024 [12]. - The government's "Vision 2030" aims to increase home ownership among citizens to 70% by 2030, leading to various housing initiatives and tax reforms to stimulate the real estate market [14][20]. - The opening of the Riyadh Metro is a significant step towards transforming the city into a modern metropolis, enhancing connectivity and urban development [15][18]. Group 2: Real Estate Market Dynamics - Riyadh's apartment prices have increased by nearly 11% as of 2024, with average prices around $1,500 per square meter, indicating a growing demand amidst rising living costs [20]. - The rental market is becoming increasingly attractive, with a shift in focus from purchasing to renting among residents due to high property prices and borrowing costs [21]. - The population in Saudi Arabia is projected to grow significantly, with plans to increase Riyadh's population from approximately 7.5 million in 2016 to between 15 million and 20 million by 2030, further driving housing demand [24]. Group 3: Foreign Investment and Regulations - Foreigners can now invest in real estate in Mecca and Medina through publicly listed companies, reflecting the government's efforts to attract foreign capital [19]. - The introduction of a golden visa program allows foreigners to obtain permanent residency by investing in real estate, providing an incentive for international buyers [32]. - The real estate market is facing potential oversupply risks in the luxury segment unless new demand sources are identified [33].

以下文章来源于霞光社 ，作者李小天 霞光社 . 赋能企业全球化 来源丨 霞光社（ID：Globalinsights） 作者丨李小天 图源丨Midjourney 2023年10月，准备再度开启创业征程的许超，跟随中东考察项目来到沙特首都利雅得。在此之前， 他已经考察了英国、欧盟、日本、东南亚等多个区域，在全球市场寻觅商机。彼时，出海沙特热潮方 兴未艾，商务考察团络绎不绝，但走马观花者十之有九，落地生根者屈指可数。但许超却在此次行程 中，发现了不可多得的商机。 在利雅得考察期间，许超一行人所居住的艾美酒店（Le Méridien Riyadh），一晚费用高达6000人 民币，远超迪拜、阿布扎比的同星级酒店。这还仅是平日的价格，在有中东 "数字达沃斯"之称的 LEAP峰会举办期间，利雅得酒店入住率达 100%，酒店住宿价格甚至飙升至每晚9000美元以上，堪 称一房难求。 沙特，这一中东地区第一大经济体，正在改革开放进程之中。商业展会层出不穷、体育赛事频繁密 集、对外开放大刀阔斧，吸引商旅人士接踵而至。随着越来越多的外企将利雅得作为其中东区域中 心，利雅得也越发展现出包容开放的世界主义，而人流、信息和资本的涌动汇集， ...

在利雅得考察期间，许超一行人所居住的艾美酒店 （Le Méridien Riyadh） ，一晚费用高达6000人 民币，远超迪拜、阿布扎比的同星级酒店。这还仅是平日的价格，在有中东 "数字达沃斯"之称的 LEAP峰会举办期间，利雅得酒店入住率达 100%，酒店住宿价格甚至飙升至每晚9000美元以上，堪 称一房难求。 以下文章来源于霞光社 ，作者李小天 霞光社 . 赋能企业全球化 本文来自微信公众号： 霞光社 ，作者：李小天，题图来自：视觉中国 2023年10月，准备再度开启创业征程的许超，跟随霞光社中东考察项目来到沙特首都利雅得。在此 之前，他已经考察了英国、欧盟、日本、东南亚等多个区域，在全球市场寻觅商机。彼时，出海沙特 热潮方兴未艾，商务考察团络绎不绝，但走马观花者十之有九，落地生根者屈指可数。但许超却在此 次行程中，发现了不可多得的商机。 沙特，这一中东地区第一大经济体，正在改革开放进程之中。商业展会层出不穷、体育赛事频繁密 集、对外开放大刀阔斧，吸引商旅人士接踵而至。随着越来越多的外企将利雅得作为其中东区域中 心，利雅得也越发展现出包容开放的世界主义，而人流、信息和资本的涌动汇集，必然带来房价的迅 速 ...

Core Viewpoint - Saudi Arabia is experiencing a significant rise in real estate prices due to its ongoing reforms, increased foreign investment, and a growing expatriate population, particularly in Riyadh, which is becoming a global business hub [1][8][14]. Group 1: Real Estate Market Dynamics - The hotel prices in Riyadh have surged, with rates reaching up to 9,000 USD per night during major events, indicating a booming hospitality sector [1]. - The demand for premium office spaces has increased, with rental prices projected to rise by 19% in 2024 due to multinational companies establishing regional headquarters in Riyadh [8]. - The apartment prices in Riyadh have increased by nearly 11%, equating to approximately 1,500 USD per square meter, leading to a decline in first-time homebuyer demand from 40% in 2023 to 29% in 2025 [18]. Group 2: Government Initiatives and Foreign Investment - The Saudi government plans to enhance foreign investment by limiting business operations to companies with regional headquarters in the country, aiming to reduce economic outflow [8]. - The introduction of the "white land tax" aims to curb land speculation and increase housing supply, with tax rates on undeveloped land rising from 2.5% to 10% [10]. - Foreigners can now invest in real estate through Saudi-listed companies in Mecca and Medina, reflecting the government's efforts to attract foreign capital [14]. Group 3: Urban Development and Infrastructure - The Riyadh Metro, spanning 176 kilometers and covering 85 stations, is set to transform the city's transportation landscape, significantly reducing commute times for residents [12][15]. - The King Abdullah Financial District (KAFD) is envisioned as a catalyst for economic diversification and is attracting major global corporations [25]. Group 4: Expatriate Population and Rental Market - The influx of expatriates, including professionals from various countries, is driving rental demand, with many opting to rent rather than buy due to high property prices [18][19]. - The SmartOasis project targets the growing expatriate population, focusing on long-term rental solutions in strategic areas of Riyadh [20][24]. Group 5: Future Outlook and Investment Potential - The Saudi Vision 2030 aims to increase the housing ownership rate among citizens to 70% by 2030, necessitating the construction of 115,000 housing units annually [10]. - The rental yield in Riyadh is approximately 6.93%, significantly higher than major cities like Beijing and Shanghai, indicating a favorable investment environment [30].