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15Jan

KAEC HANDS OVER SINGLE FAMILY RESIDENTIAL LAND PLOTS IN TALAH GARDENS PHASE 3

INFRASTRUCTURE WORK FULLY FINISHED AHEAD OF SCHEDULE

KING ABDULLAH ECONOMIC CITY, January 15th, 2017: King Abdullah Economic City (KAEC) is handing over single family residential land plots in Phase 3 of the Talah Gardens district as part of the residential projects at KAEC.

“I am proud to say that, following completion of the infrastructure work, we are handing over the land plots to customers ahead of the contractual delivery date,” said Mr. Fahd Al-Rasheed, Group CEO and Managing Director of King Abdullah Economic City.  “This is a clear indication of the fast progress of all the projects at KAEC and reaffirms our commitment to providing exceptional service before and after sales to buyers of residential land plots and properties.”

The very popular Al Talah Gardens District is being developed as a world class residential community in five phases.  Phases 1 and 2 have been handed over already and phases 4 and 5 are nearing completion and also will be ready before the contractual handover dates.

Al Talah Gardens 3 was designed by one of the world’s top master planning and architectural firms, Skidmore, Owings & Merrill (SOM,) in cooperation with Buro Happold Engineering and Moriyama & Teshima Architects.

“King Abdullah Economic City is a showcase for Saudi excellence in construction work and the completion of the infrastructure work for Al Talah Gardens ahead of schedule but without any compromise in the international standards that we demand is a cause for congratulations,” said Eng. Charles Biele, CEO of the Real Estate Development Company (REDCO) in KAEC, said.

Spread over 613,300 sqm Al Talah Gardens 3 comprises 692 residential single family plots, the majority of which range from 400-600 sqm. The infrastructure facilities include potable water, electricity and telecom networks, sewer system, irrigation for the extensive green areas of Al Talah Gardens, storm water drainage, and roads and walkways.