ROSHN has land bank of 200km, land plots in Dammam, Qatif: CEO

ROSHN Group, Saudi Arabia’s national community developer powered by the Public Investment Fund (PIF), has two new land plots in Dammam and Qatif which are still in the preliminary planning and design phase, CEO David Grover said in a TV program.

The Dammam location is adjacent to the Saudi Royal Guard and is still in the design phase, but the land plot in Qatif is still under study, he noted.

ROSHN has an urban land bank of nearly 200 square kilometres (km), Grover noted, adding that ROSHN offers a product portfolio at competitive prices, which is subject to market comparisons, and has lower profit margins compared to market due to cost of utilities and services.

Source : Argaam