The “Cityscape Global” exhibition, one of the region’s largest real estate and investment events, is expected to draw key players from the real estate, construction, and development sectors. Mountain View’s participation signals its continued commitment to expanding its presence in the Saudi Arabian market and reinforcing its position as a leading player in the Kingdom's growing real estate sector.
The company’s announcement regarding the second phase of the “ONE Mountain View” project promises to further develop the large-scale residential and mixed-use community that has captured significant attention since its inception. Located in one of Riyadh’s most sought-after areas, the project’s second phase is expected to deliver high-quality living spaces, advanced amenities, and a blend of residential, commercial, and recreational facilities. This expansion is part of Mountain View’s broader strategy to cater to the increasing demand for modern, integrated urban developments in the Kingdom.
The company’s new collaboration with the NHC reflects a strategic partnership aimed at driving forward the Kingdom’s Vision 2030 goals. The partnership will see the development of a new project that aligns with the government’s focus on providing affordable housing solutions to citizens. Details of the specific location and nature of the new development have not been fully disclosed, but it is expected to showcase the latest in sustainable design and construction practices.
Saudi Arabia’s real estate sector has seen steady growth, with government initiatives such as the Vision 2030 plan and the National Housing Strategy providing strong support. These initiatives aim to increase homeownership rates and improve the availability of affordable housing, making it an ideal time for companies like Mountain View to expand their portfolio and contribute to the sector’s transformation.
The first phase of the “ONE Mountain View” project, launched last year, garnered positive feedback due to its innovative design, eco-friendly features, and integration with Riyadh’s broader urban landscape. The successful reception of the first phase has likely driven the decision to accelerate the development of Phase Two, with an eye on meeting the increasing demand for high-quality living spaces in the city.
In addition to showcasing its current and upcoming projects, Mountain View’s participation in Cityscape Global will allow the company to network with potential investors, international partners, and industry leaders. The event provides an excellent opportunity to discuss the future direction of the Saudi real estate market and explore potential collaborations in line with the Kingdom’s ambitious urbanization plans.
The partnership between Mountain View and NHC is expected to play a pivotal role in achieving the goals set forth in Saudi Arabia’s housing policies, especially in the area of affordable housing. With demand for homes in urban centres like Riyadh steadily rising, this collaboration could provide a blueprint for similar initiatives across the country.
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Saudi Arabia