Monday, February 20, 2012

Saudi property portal launches

Saudi property portal launchese
Simsar portal will cater to residential and commercial rental and sales in the Kingdom
By Mark Sutton Published February 18, 2012
A new online portal has launched to cater to the real estate market in Saudi Arabia.
The portal will list both residential and commercial property for sale or rent in the Kingdom.

The site is not affiliated with any estate agents, and is therefore intended to give an unbiased and extensive overview of properties listed by licensed real estate agents and developers.
The real estate market in Saudi Arabia is expected to show increased growth in future, after the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz pledged $67 billion for the construction of 500,000 homes over the next five years.
The site will include search functions to check property listings and price trends, as well as to search by data on property and offering types, furniture, building status, property classification, number of bedrooms, price range, build and land areas, and recently-added properties.
Online campaigns are currently being planned to attract more seekers through social networks such as Facebook, Twitter and LinkedIn. Real estate companies registered with will also have the option of sharing their listed properties on their own Facebook and Twitter pages.
"Our main objective in developing was to develop a user-friendly and convenient website that covers all the aspects of the real estate sector. We backed this goal up with Cloud Computing technology to ensure advanced services and to provide room for easily adding in new features to give more value to clients over time. Property seekers can now be assured of a reliable source of information that can meet their unique property needs." said Tarek Zeitoun, managing director,

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