The Saudi Real Estate General Authority (REGA) shared its expertise in real estate legislation and rental regulation at the 74th FIABCI World Real Estate Congress in Singapore.
ENG. Abdullah bin Saud Al-Hammad, CEO of the Saudi Real Estate General Authority (REGA), highlighted Saudi Arabia’s efforts in exporting its legislative experiences and practices in the real estate sector to several countries. These nations have commended Saudi expertise, particularly in real estate legislation and the regulation of rental operations.
Eng. Al-Hammad made these remarks while leading the REGA delegation at the 74th FIABCI World Real Estate Congress, which took place from the 27th to 31st May 2024 in Singapore. He emphasized that the Kingdom’s digital transformation, implemented across all government entities, has significantly contributed to the successful automation of operational processes for REGA’s real estate programs and activities.
During the congress, Eng. Al-Hammad met with several leaders from the international real estate sector, including representatives from government entities and the private sector, to discuss various legislations and experiences in real estate development. Additionally, meetings were held with Singapore’s Housing and Development Board (HDB) and the Urban Redevelopment Authority (URA) to explore international best practices in real estate legislation and governance.
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