Kuwait Real Estate News
Kuwait Housing Authority to build 824 houses
The Public Authority for Housing Welfare in Kuwait has entered into contracts to build 824 houses and government buildings in Saad Al-Abdullah City for total value of KD56.606mn.
The Director General of the Authority, Ali Al-Fawzan, said that two Kuwaiti contracting companies will take care of the projects, which are due for completion within 24 months.
This is as per the five-year plan chalked out in the latest draft by the authority. Two phases of Saad Al-Abdullah City have already been completed. The first includes 4084 land plots distributed to citizens and the second includes 1319 housing units distributed over the past three months.
Al-Fawzan said that work is being carried out for construction of 1442 housing units, which will be distributed during the first half of next year. The authority has worked towards reducing building costs from KD67,000 to KD48,000, without compromising on the area of house of the quality of construction materials.
The scrap area lying adjacent to the City has been allocated to authority by the Municipality, although it is yet to be received, and once that happens, the area will be utilized for building a park for residents of the City.
About KD70mn has been allocated towards infrastructure works of Sabah Al-Ahmad City infrastructure, although the contracts for the City and the Jaber Al-Ahmad City will be signed after Ramadan.
Located on the North West of the country, Saad Al-Abdullah City is surrounded by the Al-Jahra Highway to the North and the Amghara to the east. This sets aside about 5400 land and 2257 housing units.
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