Al Saedan Real Estate Company began its work before the unification of Saudi Arabia. “The most important thing was security at the time. There were gated cities. Small cities. Nobody built outside the boundary of the city,” says Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate.
Al Saedan is one of the leading real estate companies in Saudi Arabia. They are known for their high-quality and unique designs. Al Saedan works on numerous projects across Saudi Arabia.
Al Saedan Real Estate is involved in land development, residential real estate, and real estate development. Each of these sectors has different competitors. Many factors are involved in making Al Saedan a leading real estate company. Al Saedan prides itself on being well organized and able to transfer all their experience from generation to generation. They know that a name isn’t enough to be successful in this market, like it was 20 years ago. Al Saedan understands that the competition is growing and the market is changing, and therefore, they must change with the times as well.
Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, discusses land issues in the country. The government in Saudi Arabia, with the authorization from the King, gives land to the people or to the government for public projects. Transferring land is a freehold transfer of ownership. GCC citizens can buy in Saudi Arabia with regulations, except for Mecca and Medina, which can only be sold to Saudi Arabians.
Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, describes housing in Saudi Arabia. He states that the country “lacks hotels.” He sees many hotels being constructed at the moment, including 5-star and 4-star hotels. The market will be saturated in about two years.
The real estate cycle lasts about 7-10 years. Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, discusses how they deal with the crises that occur in the real estate market. The family has been in the business for three generations. Al Saedan has survived a complete cycle and they know what to do to prepare for the crisis. More importantly, they have transferred that experience for the generations after to ensure continued success.
Arwan Pharmaceutical Industries, a leading pharmaceutical company in Lebanon, has recently signed a Memorandum of Understanding (MOU) with the Faculty of Pharmacy at the Lebanese University (LU).
Kidz Holding is the company that owns the IP and the concept of KidzMondo, which is the edutainment theme park that we created 4 years ago in Lebanon. KidzMondo is also expanding to other Arab countries, Europe, Africa, and Asia. They specialize in providing kids with a hands-on entertainment and learning experience.
“There is always some continuous growth or some development. Emerging markets are definitely looking into the infrastructure, be it in power plants, roads, trains, subways and so on.”
HAR Properties is a dedicated real estate company providing all types of real estate services, more particularly developing projects. Based in Lebanon, with a regional outreach, we develop our own real estate projects, as well as develop third party operations.
