Sea Residences Project Update 05/18/2023
In the most promising areas where the beauty of the sea and the breezes of the city of Khobar, the Sea Residences project was established, where housing and the sea are just steps away from the most important beaches of the city of Khobar (the new Corniche), as the project is distinguished by distinctive views of the seafront and the exceptional spaces provided by the project that meet all the needs of all categories.
The completion rate reached 85%, sales 70%, and high interest from investors.
Accordion Content
The project completion rate has reached more than 85%, as the external facade works are nearing completion and the project’s features have emerged. The internal works rate has reached more than 60%, and the project will be delivered in the last quarter of 2023.
Date
08/15/2023
The completion rate reached 75%, sales 40%, and high interest from investors.
Accordion Content
More than 40% of the project has been sold and there is high demand and interest from investors as the project is distinguished by its prime location and proximity to the waterfront, as the area will be one of the most important landmarks in the city of Khobar. The completion rate has reached more than 75% and the structural frame and floor division works have been completed.
Date
05/18/2023
Reservations will be accepted starting 01/03/2023
Sales amounting to 40% of the project were implemented as demand for the project continued and coincided with the project being almost ready to receive it.
Reservations were received on 01/03/2023 with great pressure from requests and interests from customers to buy and invest in the project in the sea residences due to its distinctive and strategic location and permanent views of the new seafront in Al Khair. Sales exceeding 30% of the total project were achieved in just one week.
Date
09/03/2023
The structural work has reached 60% and reservations have started to be accepted.
Finishing work reached 60% in compliance with the high demand for the project and requests for attention, as more than 25% of the units were reserved.
The structural work has reached 60%, and the division of the internal units has begun, as well as the air conditioning and plastering work. Reservations have been opened with great demand from clients interested in housing and investing on the coastal strip in the city of Khobar in the new waterfront.
Date
01/03/2023
News and foundation works have begun in the project.
Thank God, the show apartment was inaugurated in the Al-Thiqa Residential Complex and Sales Center project, in preparation for receiving customers and receiving reservations. At the same time, a Wafi license (off-plan sales) was issued, as the company was qualified to be one of the most important companies in the region and to facilitate the sales process for customers.
Soil and safety tests have begun, and foundation works have been carried out according to international specifications and under specialized engineering supervision.
Date
10/12/2022
The main contractor has been contracted and work has started.
The structural work has been completed, the project features have appeared, and internal work has begun, establishing central air conditioning , plumbing, electricity, and the smart home system.
The business agreement was signed with the main contractor, to start the work, receive the plans and inspect the project site to start the initial work on the project.
Date
11/20/2022
The designs, plans and visual identity of the project were created.
The project is being constructed according to the highest international specifications and tests are being carried out to ensure the best results are provided. The construction rate has reached 50% for the structural structure and finishing work has begun.
The design, plans and visual identity work has been completed. This project took into account the design of apartments with different areas starting from 60 square meters.
Date
11/15/2022
Land has been acquired on the new Corniche front.
The works agreement was signed with the main contractor, Knowledge and Planning, which is a subsidiary company, to start the works, receive the plans, and inspect the project site to carry out the initial work on the project.
A 1207 sqm plot of land has been acquired on the new waterfront in Al Khobar to create an exceptional project with attractive views.
