A feasibility study is not a formality for the bank. It is the point where ambition meets evidence.
A credible study links market demand, pricing, absorption, development cost and financing into one model, then stress-tests it. What happens if sales slow by a year? If construction costs rise? If rents land below target?
Investors and lenders in the Saudi market increasingly expect this level of rigor. A study that only shows the best case is not a feasibility study; it is a brochure.