Phase Two of the Sedra Project
Saudi Arabia – In the second phase of its famed Sedra project in Riyadh, Roshn, a national community developer wholly owned by the Saudi Public Investment Fund (PIF), has begun selling 2,171 residential flats.
Following the first phase’s successful launch, which demonstrated the market’s enthusiasm for Roshn’s idea of integrated neighbourhoods packed with services that promote a well-balanced, happy lifestyle, Sedra Phase Two is now offered for sale.
The second phase of Sedra, according to prominent Saudi Arabian real estate developer Roshn, emphasises the community’s guiding principle of sustainability by bringing nature into the centre of the neighbourhood with pedestrian paths and slow mobility lanes on both sides. Roshn introduces contemporary, integrated lifestyles to Saudi Arabia.
The start of Sedra’s second phase sales represents a crucial turning point in their efforts to achieve their objective and support Kingdom initiatives to promote homeownership, Group CEO David Grover said at the event. “We at Roshn are happy to create solutions that enhance the quality of life for Saudi nationals.”
The Qualities of Sedra
A “living environment” with pedestrian-friendly streets, a network of green and open spaces, long-term maintenance and management frameworks, and a design that combines traditional forms with modern technology are just a few qualities that residents of Sedra will benefit from, he said.
Grover contends that the environment is improved by adding new green spaces to existing paths and green areas.
According to him, homes in Sedra are also exceptionally energy-efficient, yielding, on average, 18% lower energy expenses and 17% lower water costs compared to similar unit types.
Roshn’s Fully Integrated Communities
Grover claims that Roshn has created fully integrated communities in nine distinct locations, including Makkah, Asir, Riyadh, and the Eastern Province, to increase its power over the entire country.
He proceeded by saying that it creates communities motivated by Saudi culture and the changing aspirations of the Saudi populace.