Supply and Demand "Need Analysis"
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CEM540SupplyDemand.pptxCEM540 (Supply & Demand)
Team Members
Yasser Albishi
ABDULMUHSEN GHITH ALGHITH
Waleed Bati Alharbi
MOHAMMAD EMAD AL-JABR
ABDULAZIZ MOHAMMAD ALTARRAZI
MOHAMMAD SHAHER ARAFEH
Agenda
Introduction
- Saudi Arabia Population Growth
Saudi Arabia Household Percentage Supply &Demand
Demand and supply gap in major Cities
Expectation of Supply & Demand in 2021
Acknowledgment
Questions
Saudi Arabia Population Growth
Saudi Arabia Household Percentage Supply &Demand
The government has plans to invest over $100bn in housing by 2023 as it seeks to build 1m homes and increase the home ownership ratio from 47% to 70% as part of its Vision 2030 strategy
| Year | Population | % rate of change | % of housing ownership |
| 2018 | 33,413,660 | 2.455517068 | 47% |
| 2019 | 34,218,169 | 2.407724865 | 49% |
| 2020 | 34,813,871 | 1.740893851 | 52% |
Saudi Arabia Household Percentage Supply &Demand
The residential supply market in Riyadh remained largely unchanged from 2017 to 2018, with 1.26m units in the market. Similarly, Jeddah’s residential supply is also largely unchanged at 813,000 units, Dammam at 347,000, and Makkah with 384,000. Residential sales prices and rentals softened in 2017 and 2018, decreasing by 3% and 4%, respectively
| Year | Number of Beneficiaries | Number of inhabited | Total | % rate of increase |
| 2018 | 220,000 | 100,00 | 320,000 | 7.1 |
| 2019 | 300,041 | 109,162 | 409,203 | 27.88 |
| 2020 | 390,819 | 138,317 | 529,136 | 29.31 |
Demand and supply gap in major cities
Expectation of Supply & Demand in 2021
As January ,
- 31,356 beneficiaries
- 15,607 already got dwells
The targets of the Sakani program in 2021 - To serve more than 220,000 Saudi Families
- Increase the percentage of housing ownership
