| Introduction | Hamad Mohammed Bin Saedan Real Estate Company announces the award of the contract for HS Residences 2 Residential Units Project in Al-Arid District to Abaad Almamar Contracting Company. The contract includes the construction of 60 residential units, with a total contract value of SAR 19,780,000 (VAT Not included) |
| Date of Award | 2026-08-04 Corresponding to 1448-02-21 |
| Counterparty | Abaad Almamar Contracting Company |
| Project Value | The total contract value amounts to of SAR 19,780,000 (VAT Not included.) |
| Expected Date for Signing the Contract | 2026-09-06 Corresponding to 1448-03-24 |
| Project Details | HS Residences 2 is a residential development within the portfolio of Hammad Mohammed Bin Saedan Real Estate Company. The project spans 6,030 sqm and features 60 modern residential units designed to combine quality, privacy, and efficient use of space. It is thoughtfully planned to meet the needs of a wide range of homebuyers while reflecting the company's vision of developing sustainable residential communities in promising locations. |
| Related Parties | There is no relation |