New Event Developments announced the complete sell-out of the first phase of its flagship Saudi project, Sakan View 1, achieved in record time. Building on this success, the company has launched its second project in the Kingdom, Sakan View 2, underscoring its commitment to expand in one of the region’s most dynamic real estate markets, Invest-Gate reports.

Dr. Hamid Al-Rgwy, Chairman of New Event Developments, said the sell-out reflects customer confidence in the company’s ability to deliver integrated real estate solutions. He noted that the launch of Sakan View 2 marks an important addition to the company’s Saudi portfolio and aligns with its strategy to meet rising demand for premium residential communities.

Eng. Mohamed Al-Asry, CEO of New Event Developments – Saudi Arabia, said Sakan View 2 will introduce a new standard of urban living with modern designs and integrated services. He highlighted the company’s confidence in the Saudi market’s stability and strong growth prospects.

Al-Asry added that New Event Developments is committed to long-term partnerships with clients by ensuring timely delivery, offering flexible payment plans, and providing strong post-sale support to reinforce trust and satisfaction.