2024-Jul-15
Why is quality a decisive factor when purchasing ownership apartments in Riyadh? Discover the secret to luxurious living and smart investment. Quality plays a crucial role in the success of real estate development projects. It is not just about adhering to specific specifications and standards but also about meeting customer expectations and providing a comfortable and safe residential or commercial environment. Leading real estate development companies, such as Asas Makeen Real Estate Development, strive to enhance and effectively apply these standards, making them a model in the industry. This positions them as an ideal choice for real estate offices in Riyadh, catering to those seeking ownership apartments or rental apartments in the city. Quality is essential for the success of real estate projects. It goes beyond mere compliance with specifications and standards to also encompass fulfilling customer expectations and ensuring a comfortable and safe living or commercial environment. The importance of quality in real estate development is highlighted through several aspects. On one hand, high quality enhances the reputation of the developer and increases the attractiveness of their projects to clients. On the other hand, quality reduces long-term maintenance and repair costs, thereby enhancing return on investment. Adhering to quality standards also ensures compliance with local and international laws and regulations, minimizing legal and environmental risks. Quality Standards in Real Estate Development Quality in real estate development relies on several key criteria, including: Design and Planning Contemporary Designs that Meet Market Needs: Designs must be modern and cater to the target market's needs, including smart space planning and the use of high-quality materials. Asas Makeen Real Estate Development is committed to delivering exceptional designs that meet the highest standards, making it the ideal choice for those seeking ownership apartments in Riyadh. Contemporary Designs to Meet Your Aspirations: In modern real estate development, contemporary designs play a crucial role in attracting clients and meeting their needs. Asas Makeen leverages the latest architectural trends to ensure projects align with general taste and market expectations. Residential apartments in Riyadh are designed with a modern approach that combines aesthetics and functionality, allowing residents to enjoy maximum comfort and luxury. Smart Space Planning: Effective space planning is critical to the success of any real estate project. Asas Makeen understands the importance of achieving an ideal balance between open and closed spaces within apartments, providing a comfortable living environment suitable for all family members. Spaces are arranged to maximize their utility, whether in living rooms, bedrooms, kitchens, or bathrooms, creating a sense of harmony and coherence in every corner of the apartment. Construction and Building Adherence to Technical Specifications and Engineering Standards: To ensure safe and sustainable buildings, adherence to global technical and engineering standards is crucial. Asas Makeen meticulously follows all engineering guidelines and regulations to ensure every aspect of construction meets the highest standards, including structural planning, material use, and mechanical and electrical installations. Use of High-Quality Building Materials: High quality cannot be achieved without using top-notch building materials. Asas Makeen is committed to using materials that ensure durability and safety over the long term. Whether in the building's core structure or interior finishes, materials are carefully selected for optimal performance and quality, ensuring that the buildings are not only aesthetically pleasing but also strong and sustainable. Adoption of the Latest Building Technologies: In light of ongoing technological advancements in construction, Asas Makeen utilizes the latest technologies to ensure projects are executed with the highest efficiency and quality. This includes advanced building tools, smart project management systems, and sustainable construction techniques that reduce resource consumption and enhance energy efficiency. This commitment to technology improves work precision and accelerates the construction process, ensuring projects are delivered on time and to a high standard. Environment and Sustainability Focus on Sustainability: Sustainability is a core factor in modern real estate development, going beyond just constructing beautiful and durable buildings to addressing the environmental impact of projects. Asas Makeen uses sustainable building technologies and eco-friendly materials in its residential projects in Riyadh to minimize environmental impact and promote sustainability. Application of Sustainable Building Technologies: Asas Makeen is committed to using the latest sustainable building technologies in its projects. This includes techniques that reduce energy and water consumption, such as effective thermal insulation systems, high-efficiency windows, and effective use of natural lighting to reduce the need for artificial lighting. Additionally, the company integrates natural ventilation systems and efficient heating and cooling to ensure a comfortable and healthy indoor environment while reducing energy consumption. Selection of Eco-Friendly Materials: Asas Makeen places significant importance on selecting eco-friendly materials throughout the construction process of residential apartments in Riyadh. After-Sales Services Importance of After-Sales Services: After-sales services are crucial for ensuring customer satisfaction and maintaining quality in any real estate project. These services go beyond providing real estate products to include technical support and ongoing maintenance, ensuring residents have a comfortable and sustainable living experience. Continuous Technical Support: Asas Makeen offers continuous technical support to residents in all its projects. This includes prompt responses to any technical or maintenance issues related to electrical systems, plumbing, ventilation, or other infrastructure aspects. A dedicated team of engineers and technicians is available around the clock to resolve issues quickly and efficiently, ensuring uninterrupted comfort for residents. Regular Maintenance Services: Asas Makeen understands that maintaining the quality of real estate projects requires regular, proactive maintenance. The company provides comprehensive maintenance services, including inspection of key systems in residential or commercial buildings such as heating, cooling, plumbing, and electrical systems. This proactive approach helps prevent significant and costly breakdowns while maintaining system efficiency and safety over time. Facility Management and Services: In addition to technical support and maintenance, Asas Makeen provides full facility management services. This includes cleaning, security, and management of common areas such as parks, parking lots, and swimming pools, ensuring a clean, safe, and attractive environment for residents, enhancing their quality of life and property value. Customer Support and Communication: Asas Makeen values effective communication with clients as a key to the success of any real estate project. The company provides multiple communication channels for clients to offer feedback and address their needs at any time. Whether through telephone service centers, smart applications, or direct visits to support offices, the company is committed to listening to clients and responding to their needs promptly and effectively. The Importance of Quality in Real Estate Development Enhancing Reputation High-quality real estate projects significantly enhance the developer's reputation and attract more clients. Asas Makeen is recognized for its high reputation due to its commitment to delivering superior quality real estate projects. This reputation makes it a role model and an ideal choice for real estate offices in Riyadh to meet the growing demand for ownership apartments in the city. Increasing Return on Investment Asas Makeen consistently aims to achieve the highest return on investment through its strong commitment to quality. Quality is not just about adhering to standards and specifications; it also involves delivering exceptional real estate products that are durable and secure. This reduces long-term maintenance and repair costs, enhancing the appeal of its projects to investors and ensuring sustainable returns on investment. Legal Compliance Asas Makeen adheres to local and international laws and regulations as part of its comprehensive commitment to quality. These commitments are crucial to ensuring the delivery of safe and sustainable projects for both investors and the community. The company follows all legal standards and strictly applies the Saudi Building Code, which helps reduce legal and environmental risks and ensures full compliance with local and global legal and environmental requirements. Customer Satisfaction Providing high-quality residential and commercial units increases customer satisfaction, leading to higher demand and interest in future projects. Asas Makeen places customer satisfaction at the forefront of its priorities, whether clients are seeking ownership apartments in Riyadh or rental properties. The company enhances the living environment in its projects and ensures excellent after-sales services to meet customer needs and exceed expectations. Challenges and Solutions Cost of Quality One of the major challenges is the cost, as using high-quality building materials and employing qualified professionals increases the overall project cost. The solution lies in meticulous financial planning and smart cost distribution, which Asas Makeen follows precisely. This allows the company to provide high-quality residential units at competitive prices, addressing the growing demand for ownership apartments in Riyadh. Innovation and Technology Developers may face difficulties keeping up with technological innovations in construction. This challenge can be addressed through continuous training and adopting the latest technologies during planning and construction phases. Asas Makeen is committed to investing in its human resources and training its team to achieve the highest standards of quality and sustainability. Market Demand Changes Market requirements continually evolve, necessitating that developers stay informed about the latest trends and forecasts. The solution is to conduct regular market studies and adjust plans based on the results, a strategy that Asas Makeen employs. This is evident from its diverse range of projects catering to various preferences, such as townhouses and ownership apartments in Riyadh, and even villas for sale in some of its developments. By offering a wide range of options, Asas Makeen expands the choices available to those seeking real estate in Riyadh. Conclusion Quality in real estate development is a crucial factor for the success of any project. By adhering to global standards and meeting customer expectations, it is possible to achieve successful and sustainable real estate projects that improve the quality of life and meet community needs. Asas Makeen is a model for high-quality standards and customer satisfaction in real estate development, making it the ideal choice for those seeking ownership apartments or rental properties in Riyadh. The company continues to lead the market and enhance its reputation among real estate developers and investors due to its steadfast commitment to quality, innovation, and sustainability. Choosing ownership apartments in Riyadh from Asas Makeen means benefiting from contemporary designs, smart space planning, high-quality building materials, and attention to detail that ensures the highest quality standards. This means you will enjoy luxurious living that provides comfort, safety, and sustainability. If you are looking for a home that offers all these features, Asas Makeen's ownership apartments in Riyadh are the perfect choice for you.
Listing on the Parallel Market: A Strategic Step in Saudi Arabia’s Real Estate Development Sector The real estate development sector in the Kingdom of Saudi Arabia is undergoing significant transformations under Vision 2030, which aims to boost investments and create an economic environment that supports sustainable growth. One of the most important shifts is the move toward listing on the Parallel Market (Nomu), as many real estate development companies aim to expand their investor base and attract new capital to support their expansion plans.<br /> <br /> Listing on the Parallel Market<br /> is a step that reflects the maturity of the Saudi real estate market and its capacity to accommodate more institutional and individual investments. It contributes to increasing transparency and strengthening governance standards within the sector. The Importance and Impact of Parallel Market Listing on Real Estate Development Companies The Nomu Parallel Market is a strategic option for real estate development companies seeking sustainable growth without the full compliance requirements of the main financial market, making it an ideal environment for companies with strong financial and administrative performance records.<br /> <br /> Listing offers companies an opportunity to access additional financing, helping them expand projects and increase competitiveness. It also provides greater liquidity through more flexible stock trading. Moreover, being listed enhances trust and transparency, as companies are required to publish regular financial reports and updates, making them more attractive to individual and institutional investors.<br /> <br /> Listing also opens the door for real estate development companies to diversify their funding sources not relying solely on bank loans or private investments, but also leveraging the Nomu market as a platform to attract new capital to support future projects.<br /> <br /> Why Are Real Estate Development Companies Heading to the Parallel Market?<br /> <br /> The Nomu market is an ideal option for Riyadh-based real estate developers aiming to expand without being bound by the stricter requirements of the main market. Key benefits of listing include:<br /> <br /> • Access to new funding sources to support expansion projects • Increased liquidity through flexible share trading • Enhanced reputation and investor/client trust • Attraction of institutional and strategic investors who can support long-term growth<br /> <br /> The Listing of Asas Makeen in the Parallel Market:<br /> <br /> A New Growth Milestone Asas Makeen Real Estate Development Company has received approval from the Capital Market Authority to offer 10% of its shares on the Nomu Parallel Market a move that reflects the company’s maturity and readiness for a new phase of expansion and growth.<br /> <br /> Founded with an ambitious vision to lead the real estate development sector, Asas Makeen focuses on building high-quality residential and commercial projects that meet the growing demand in the Kingdom.<br /> <br /> Listing the company’s shares on Nomu offers a valuable opportunity for investors seeking businesses with strong financial foundations and clear future plans. This offering is expected to enhance Makeen’s ability to finance new projects and expand into new segments within the Saudi real estate market, as well as attract strategic partners and institutional investors to support its future growth. Additionally, the listing reinforces the company’s compliance with stricter regulatory governance standards, requiring periodic financial disclosures and the adoption of more transparent financial and administrative policies.<br /> <br /> This will enhance the company’s credibility among investors, clients, and business partners granting it a strong competitive edge in the market.<br /> <br /> In Conclusion: What Does This Listing Mean? The listing of Asas Makeen on the Parallel Market is a strategic step that demonstrates the company’s strength and ability to excel in the real estate development sector. It provides investors with the opportunity to be part of the company’s future growth journey, supported by a promising investment environment that encourages innovation and the development of modern real estate projects aligned with Saudi Arabia’s Vision 2030 goals.
The foundation of the nation is the beginning from which every Asas Makeen. On Founding Day, we return to the roots that created the present, and draw inspiration from the vision that drew the features of the future. Just as a solid foundation builds the glories of nations, a solid foundation consolidates the future of construction.
<br /> As part of its future strategy to keep pace with industry developments and improve quality of life, Asas Makeen announces its plans to launch a new hotel chain, introducing a modern Saudi brand in the hospitality sector that combines excellence and luxury at the highest international standards. This strategic expansion aligns with Saudi Vision 2030, which aims to advance tourism and establish the Kingdom as a premier global hospitality destination.<br /> <br /> A Unique Experience Blending Luxury with Innovation<br /> <br /> These hotels will offer a fully integrated hospitality experience, merging Saudi culture with contemporary design and advanced technology to provide an exceptional stay for guests. Strategically located near key cultural and tourist landmarks, the hotels will feature sophisticated spaces that seamlessly combine luxury and comfort. They will also incorporate the latest digital solutions, including smart services, digital check-in, and integrated room control, enhancing guest convenience and creating a distinguished hospitality experience.<br /> <br /> Strategic Expansion in Key Saudi Cities<br /> <br /> Asas Makeen plans to open several hotels in major cities across the Kingdom, catering to business travelers, tourists, and families seeking a world-class Saudi hospitality experience. This initiative underscores the company’s commitment to developing the hospitality sector and elevating service standards in Saudi Arabia. The hotel chain’s pilot launch is scheduled for the second quarter of this year, with further details on locations and features to be revealed soon.
<p>Asas Makeen Real Estate Development Company Announces Its Listing on the Parallel Market (Nomu) Asas Makeen Real Estate Development Company has announced receiving approval from the Capital Market Authority (CMA) for listing its shares on the Parallel Market (Nomu). This milestone marks a pivotal step in the company’s strategy to expand its operations and strengthen its position in the Kingdom’s real estate sector. A Transformational Milestone for Asas Makeen The listing of Asas Makeen on the Parallel Market is a testament to the confidence placed in the company by the Capital Market Authority. This achievement aligns with Saudi Vision 2030, which aims to support national companies and enhance their sustainability amidst the Kingdom’s major economic transformations. In this context, Mr. Abdulrahman bin Saud Al-Hadlaq, Founder and Chairman of the Board, stated: “We take pride, praise be to God, in what the company has achieved over 15 years of working with our success partners. We have contributed to the growth of the real estate sector by developing vital residential and commercial complexes in key locations across Riyadh, in line with the aspirations of Saudi Vision 2030 and its comprehensive renaissance.” Strategic Goals to Foster Growth Mr. Abdulrahman Al-Hadlaq, CEO of Asas Makeen, added: “Our listing on the Parallel Market represents a strategic step to achieve our expansion goals. We aim to strengthen our engagement with investors by offering exceptional investment opportunities. We remain committed to delivering innovative real estate projects that meet market needs and contribute to the development of the Kingdom’s real estate sector.” Significant Achievements and a Promising Future Asas Makeen has achieved remarkable growth in recent years, completing over 65 real estate projects with a total value exceeding SAR 1 billion in 2023. These projects include: • More than 150 residential buildings. • Approximately 180 villas. • Over 4,000 residential units. • Development of over 350,000 square meters of land and 700,000 square meters of built-up areas. Future Plans The company plans to enhance its portfolio of real estate projects and expand its geographic footprint to include more vital areas within the Kingdom, reinforcing its role in achieving the objectives of Saudi Vision 2030. The listing of Asas Makeen on the Parallel Market reflects its commitment to innovation and growth, reaffirming its leadership role in advancing the real estate sector in Saudi Arabia.</p>
<p>Asas Makeen Real Estate Development and Investment Company celebrated the renewal of the ISO 9001 Quality Management System certificate, in a special ceremony attended by the CEO of Manah Arabia, the certification body, who handed over the certificate to the company's senior management. This achievement confirms Asas Makeen commitment to applying the highest standards of quality and excellence in all its operations, enhancing its leading position in the real estate development and investment sector. During the ceremony, the internal audit team was honored in appreciation of their distinguished efforts that contributed to achieving this success, as they demonstrated high efficiency in improving operations and ensuring full compliance with the certification requirements. The CEO of Manah Arabia expressed his pride in the partnership with Asas Makeen Company and his confidence in the company's continued leadership and quality. For his part, the CEO of Asas Makeen, AbdulRahman bin Ibrahim Al-Hadlaq, confirmed that this achievement reflects the company's vision, which aims to provide integrated projects that meet customer aspirations and enhance business sustainability, stressing that the renewal of the ISO certificate is evidence of the company's commitment to continuous improvement and excellence in all areas of its work. Asas Makeen continues its commitment to continuous improvement and quality as part of its strategy to achieve excellence in all areas of its work.</p>