Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, November 22 2022 - 10:29
ROSHN's Landmark Development SEDRA Welcomes First Residents
RIYADH, Saudi Arabia, Nov. 21, 2022 /PRNewswire-Asianet/ --

ROSHN, the national real estate developer bringing new, sustainable modes of 
living to the Kingdom, has started the handover process at SEDRA ahead of 
scheduled time, its landmark development in northern Riyadh. New homeowners are 
receiving the keys and title deeds to villas and townhouses located in SEDRA's 
Phase 1, making them the first customers to take possession of properties in a 
ROSHN community.

"The handover of the first ROSHN home is a momentous occasion not just for 
ROSHN but for the Kingdom at large. While this marks another step on our 
journey to provide high-quality homes to the Saudi people, we are also driving 
change, creating a new concept of living, and adding to the quality of life of 
our citizens and residents. SEDRA will be the first project that sees our 
vision for the future become a reality on the ground and I am excited for our 
first residents to experience the ROSHN way of life." said Group CEO, David 

ROSHN is facilitating the moving process for its customers by providing them 
with dedicated advisors that act as a single point of contact before, during 
and after the handover. New residents also have access to the ROSHN Contact 
Centre, which can answer customer queries on a wide range of issues, from 
visitor access to how to take advantage of special offers provided by ROSHN's 

SEDRA is ROSHN's first project in the Kingdom and is being developed over eight 
phases in Riyadh's vibrant northern corridor. The start of the handover process 
at its first phase makes it the first Saudi giga-project to deliver to 
customers. When completed, it will add more than 30,000 residential units to 
the capital's housing stock and provide 20M sqm of integrated neighbourhoods 
supported by education and healthcare infrastructure, retail outlets, 
restaurants, parks, shaded footpaths, cycle tracks and carefully tended green 

ROSHN is also bringing its vision to the Kingdom's west coast: ALAROUS, 
announced in May this year, will add more than 18,000 new homes to northern 
Jeddah's housing stock. It features the same winning formula of amenities as 
SEDRA, including its 'open living' design principle built around public spaces, 
green areas, communal facilities such as local majlis, and 'living' streets 
characterized by curb-less roads and homes without perimeter walls.

About ROSHN:

ROSHN is a national real estate developer, owned by Saudi Arabia's Public 
Investment Fund (PIF). It has a mandate to deliver high-quality living 
standards to Saudis and support government efforts to increase rates of home 
ownership. ROSHN builds communities that look both to Saudi heritage and the 
evolving aspirations of the Saudi people, acting as the master developer, 
property developer and operator across a broad range of asset classes and land 
uses, including residential, retail, commercial, hospitality and public/civic 

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Source - ROSHN