Housing Program renews partnership with Quant to optimizes real estate data applications

Saudi Vision 2030 Housing Program has renewed its partnership with Quant Data and Analytics, to develop advanced data analytics and improve the body of knowledge in the housing industry. The renewed partnership also aims to measure the impact of the Housing Project Initiatives on the sector's stakeholders, which in turn supports making informed decisions to develop housing, in line with the Saudi Vision 2030.

Housing Program CEO Eng. Nowfal Al Salamah lauded the renewal of the partnership with Quant Data and Analytics as an important step to enhance the Program’s capacity to provide sustainable housing solutions for Saudi families. Mr. Al Salamah stressed the importance of advanced real estate data as a crucial tool in developing the legislative and regulatory ecosystem of the housing industry, increasing its economic impact and appeal to the private sector, and promoting its contribution in the gross domestic product.

He further stated that the Housing Program aims to achieve its goals, including providing Saudi families with the opportunities to own adequate housing, by offering multiple housing products and various financing solutions to beneficiaries. He also reiterated his confidence that the data analytics provided by Quant would help achieve this goal successfully.

Similarly, Mr. Ahmed Bukhamseen, CEO of Quant Data & Analytics, stated that, “The renewed cooperation with the Housing Program reflects our strong faith into providing the best data analytics for the housing industry in the Kingdom. We are extremely proud to be part of this effort leading to the realization of the Saudi Vision 2030.”

Bukhamseen further stressed that achieving the goals of such ambitious Saudi Vision requires the provision of accurate and reliable real estate data. The executive has reiterated Quant's commitment to continue working with the Housing Program to provide such data and issue periodic reports that will contribute to measuring the impact of their initiatives on the Housing Sector, agreeing that the new partnership will support the long-term goals of the Housing Program in providing appropriate housing solutions and increasing the supply of housing options, thus contributing to achieving the goals of the Saudi Vision 2030.