Real Estate Market Demand Continues to Rise! Saudi Stock Market Strengthens, Csop Saudi Arabia Etf (02830.HK) Gains Over 2%
NewTimeSpace News:Recently, as home-buying demand continues to rise, an increasing number of buyers have begun shifting their focus toward real estate markets across different cities in Saudi Arabia, with regional performance gradually showing divergent trends. At the market open on April 9, the Saudi stock market demonstrated robust performance, withCsop Saudi Arabia Etf(02830.HK) gaining over 2%.
According to Hong Kong Stock Exchange data,Csop Saudi Arabia Etf(02830.HK) is an exchange-traded fund (ETF) listed in Hong Kong by CSOP Asset Management. It tracks the FTSE Saudi Arabia Index, covering the top 50 companies by market capitalization in Saudi Arabia, with core holdings concentrated in three major sectors: energy, financials, and telecommunications. It is currently the only ETF directly linked to the entire Saudi market available in both Mainland China and Hong Kong.
According to the latest market report, Saudi Arabia's residential real estate market showed significant variations among major cities in 2025: Jeddah performed strongly, Riyadh showed signs of cooling, while Dammam attracted a large number of homebuyers leveraging its price advantages.
The report indicates that Jeddah's residential market stood out particularly in 2025, with approximately30,500 housing unitstransacted throughout the year, generating total sales ofSAR 36.6 billion(approximately 36.6 billion Saudi Riyals), with an average transaction value of aroundSAR 1.2 millionper deal.
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