Market Overview
NEWGIZA
Location
Strategically located in 6th of October city with access to all main highways. NEWGIZA as a whole is a fully integrated community situated within a wider area master plan that comprises residential neighborhoods and a golf course, spanning over 1,500 acres (6.3 million m2). It’s the first upscale destination in greater Cairo situated prominently along the Cairo/ Alexandria road with direct access to all of Cairo’s main roads and highways namely: Mehwar, Ring Road, Wahat Road, Cairo-Alex Desert Road as well as additional roads currently under construction. This allows for an easy access to all of NEWGIZA’s 8 entrances.
Educational Services
NGU will have a world class campus of 52 acres (220,000 sqm) designed by Gensler, one of the leading design studios in the world. The design will recognize and interpret the geometries, scale and character of historic regional development, and synthesis these understandings in the concept plan approach. The NGU campus will be located near the front entrance of NEWGIZA.
This year marked the proud announcement of the joint venture creation between NEWGIZA and El Alsson British and American International School. It will be relocating from Harrenya to the NEWGIZA premises. The joint venture creation will establish a new integrated campus specifically designed with state of the art facilities providing students with high quality education. Design will be complete in early 2015 and construction of the new campus for both British and American schools is scheduled to commence by mid-2015.
Medical Services
The medical town will be one of a kind, fully equipped with all the up to date facilities and services. It will have top notch teaching hospitals and spotless clinics, a specialized home for the elderly and a progressive rehabilitation center as well as pleasant landscape treatment along roads surrounding the medical area with grouping of palms and other exotics and food courts.
Date of delivery
Carrnell Walk’s buildings and townhomes are currently completed while the landscaping is currently in progress. The landscaping works are planned to be finalized by mid-2015. NEWGIZA is currently in the construction phase of neighborhood One.
Latest Launches
Ivoryhil is set atop one of the highest hills in NEWGIZA, It offers a range of Townhomes, Park villas, Platform villas, Golf mansions, and Fairway villas.
Jasperwoods Residences an extension of Ivoryhill offering new apartment sizes of duplexes and newly introduced studio apartments.
Contact Details
Hotline: 16656
www.newgiza.com
SODIC
Human Developments
SODIC is one of the leading real estate development companies in Egypt. It’s a position we have achieved by taking a very different view of what it means to succeed in real estate.
At SODIC we don’t focus on bricks and mortar. We believe in creating Human Developments – environments in which people can develop their full potential and lead productive, creative lives. This belief propels us to continuously challenge ourselves to create meticulously planned and designed developments that are built around our customer lifestyle needs and aspirations.
SODIC West: Sheikh Zayed’s Cosmopolitan City
Bringing together the fundamentals of residential, social, retail and commercial life into one cosmopolitan city, SODIC West is a community like no other. Vibrant and spacious, families and individuals alike can live, work and enjoy themselves in the comfort and safety of a secure, gated city. Providing all the amenities of downtown living without the hassle and congestion, SODIC West is the largest planned mixed-use development in Egypt’s Sheikh Zayed area.
Boasting 6,000 residents today, the community is made up of several developments interwoven together to create an Egyptian destination like no other: Beverly Hills, Allegria, Westown and The Strip. Westown will act as the heart of SODIC West. Neighbourhoods in Westown include Forty West, The Polygon, Westown Residences, The Courtyards and Westown Hub.
SODIC West will cater to your needs and aspirations. It is strategically located on Km 38 of the Cairo-Alexandria Desert road, and is also accessible from Dahshour road.
SODIC Developments in East Cairo
Eastown:
Launched in 2013, Eastown is strategically situated on Road 90, immediately adjacent to the American University in Cairo’s new campus, a short drive from Cairo International Airport and in the midst of the flourishing communities of New Cairo and Kattameya. Built on 860,000 square metres of land, Eastown will provide premium residential, retail and office space while offering the best in shopping and entertainment.
Here, residents, retail staff and office employees can enjoy a vibrant environment where buildings are integrated into the landscape, where traffic is kept to a minimum and the air is clean. Eastown Residences is Eastown’s purely gated residential neighbourhood, offering apartments, duplexes and townhouses, with delivery is set to start in 2016.
Kattameya Plaza:
Located in the heart of New Cairo is Kattameya Plaza, offering 474 apartments. Located minutes away from Eastown and the American University in Cairo, Kattameya Plaza marks a new standard in contemporary apartment living.
Kattameya Plaza is designed and master-planned by ArchGroup, the renowned firm that designed the Grosvenor House in Dubai. Facilities include: security, concierge, 24/7 grounds management, secure underground parking, in addition to open green spaces, swimming pools, barbecue areas, and children’s play areas.
Delivery is well under way and families have begun moving into their homes
Contact Details
Call Centre: 16220
www.sodic.com
MOUNTAIN VIEW – October Park
Location
This premium location overlooks the great Pyramids of Giza in the heart of 6th of October City, adjacent to the ring road. It is 5 minutes away from the Mehwar and also accessible from the Ring Road and the Cairo- Alex Desert road.
Available units for sale now
Villas, Townhouses, and Twin houses, ranging from 220 m2 to 324 m2.
Date of delivery?
2019
Most attractive features in the compound
– Crossover bridge: : Mountain View October Park’s ingenious overhead bridges cross over walkways ensure that vehicles will never interrupt the pedestrian experience.
– Crystal lake: One of the most stunning features of Mountain View October Park is the Crystal Lake. The lake combines natural beauty with a touch of refinement. Leisurely unwind by gently canoeing along in the water.
– 2 Km Pedestrian Trail: The pedestrian trail in Mountain View October Park can be used for jogging and cycling, or for gently strolling through the natural environment. The Swedish Vita Parcours concept is a new way to exercise on a fitness trail in the woods. It is an outdoor gym for enjoying a refreshing workout in the crisp air.
Upcoming projects
Chill out Park
Changes in pricing as of 2015
Yes
Finishing Specifications
The units are not finished yet. Idrak, the sister company in DMG, handles all the finishing specifications.
Occupancy rate of the compound
The compound is almost sold out.
Payment plans & facilities: .
-10% and the balance to be paid over 4 Yrs.
–20% and the balance to be paid over 5 Yrs.
–30% and the balance to be paid over 6 Yrs.
Contact Details:
Address: 36 Nehru St., Merryland, Heliopolis, Cairo, Egypt.
www.mountainviewegypt.com
KATAMEYA 2
Location
Katameya 2 is located at the Katameya Heights Golf and Tennis Resort in New Cairo City (Fifth District), by the Ring road. Just 20 minutes away from Cairo’s International Airport, Katameya 2 is conveniently located between Cairo’s elite districts of Heliopolis and Maadi.
Available units for sale now
Administrative and commercial offices that vary in sizes from 70m2 to 400m2
Date of delivery
December 2015
Most attractive features in the compound
- Golf course
- Club houses
- Manicured gardens
- 24-hour security
- Restaurants, spas, pools, golf & tennis, etc.
- Landscape area
- Special entrance for villa owners
- Meeting rooms
- Car parking
- Fiber-optics network
- High level security
- Standby generator
- Full maintenance team from common area
- Housekeeping services
Changes in pricing as of 2015
Increase of EGP 1,000 per m2
Finishing Specifications
Highest Standard
Occupancy of compound
550 Villas – 70 Offices
Payment plans & facilities
For information on payment plans, please call the construction department, (Eng. Magued Aboul Nasr), on 022758 0512 – 17.
Iwan – Jedar
Location
In line with the trend of moving to the outskirts of Cairo, Jedar is located in a premium location on the 26th of July corridor. Directly overlooking Nile University, JEDAR is minutes away from 6th of October’s key attractions and shopping malls.
Available units for sale now
Jedar offers a variety of spacious living spaces, from villas to twin houses and duplexes. Villas start from 260 m2 up to 460 m2, twin house areas start from 250 m2 up to 400 m2, and duplexes range from 200 m2 to 260 m2.
Date of delivery
The project is under construction, so will start delivery around 2018.
Most attractive features in the compound
- This compound is the first ‘energy balanced compound’ in Egypt. Development, choice of land, design, and features have all been aligned to serve the ‘balanced home theory’.
- The compound will have a huge commercial area that overlooks the 26th of July corridor, and will have leading-name restaurants. Inside the compound we will also offer pools, a spa, a clubhouse, green areas, and a kids’ area.
Upcoming projects
Major developments and projects will be revealed in the upcoming year.
Changes in pricing as of 2015
Prices are on the rise yearly due to changes in the economy, and market supply-demand. The variation in the prices is unknown at this point.
Finishing Specifications
We offer semi- finished units.
Upcoming projects
Future expansion is a must, our plan as a major developer in the market is to expand within other areas of Egypt. We could even start an expansion plan abroad.
Payment plans and facilities
Offered are a variety of options and payment facilities.
Contact Details:
IWAN Group
Villa 3, Ismailia St. off Michael Bakhoum,
Shooting Club-Dokki,
Giza- Egypt.
Tel: +202 3335 3948 – 3337 0064
Website: www.iwangroup.org
Green IV – MABANY
Location
Green IV is a luxury twin-house compound situated in a prime location in 6th of October City. It aims to attract residents who appreciate calm and relaxation. Over an area of 25 acres on a hilltop overlooking the Mehwar, Green IV is strategically located with direct access to the highway, making a trip into the city a matter of minutes. It is also at a convenient spot in the 6th of October, with commercial and business districts just a short drive away. We take pride in developing residential communities with homes designed and built to match different lifestyles.
Available units for sale now
178 Twin-houses
Date of delivery
December 2017
Most attractive features in the compound
- Biking trail
- Walking track
- Meeting lounge
- Courts and fields for sports
- Bar-B-Q and picnic spots
- Day care
- Laundry / Dry Clean
- Car wash unit
- Security
- Kiddies Play Park
- Security cameras for the streets and gates
- Maintenance
- Housecleaning
- Newspaper and Magazine Home Delivery
- Messengers/ Runners
- Landscaping
- Management of the Town Center/ Clubhouse and Common Facilities
- Storage facilities
- Staff housing
- Drivers’ Lounge
Payment plans and facilities
- Payment of reservation 10%, payment period 5 years, number of instalments – 20
- Payment of reservation 20%, payment period 6 years, number of instalments – 24
- Payment of reservation 30%, payment period 7 years, number of instalments – 28
Palm Springs
Location
Located near the Pyramids of Giza Egypt on the Cairo-Alex Desert Road, Palm Springs is exactly situated midway between the 26 of July Highway (Mehwar) and the Ring Road, allowing easy access to Mohandessin, Sheikh Zayed, 6th of October and Maadi. Only a short drive from Remaya Square (6 Km), Smart Village (9 Km), and a large number of facilities and commercial developments, the residents will not feel isolated from the urban setting, yet will enjoy living in a small, calm community.
Available units for sale now
- Twin houses from 305 m2 to 316 m2 with plots of land from 377 m2 to 482 m2
- Large apartments from 340 m2 to 418 m2
- Medium and smaller apartments from 144 m2 and 182 m2
Date of delivery?
End 2017
Most attractive features in the compound
- Palm Springs is a boutique development, with a niche community of like-minded people sharing similar lifestyles.
- The project itself represents a serene, minimalist approach in its architecture and unique landscape.
- Restaurants, spas, pools, golf areas, resorts, etc.
- Club house, restaurant/lounge, gym and multi-purpose tennis court.
- Around 18% built-up area and around 82% private gardens, public landscape, roads and service areas, the size of the compound is 116,000 m2.
Finishing Specifications
Semi-finished
Payment plans & facilities
4 & 5 years plan
Contact Details
www.palmsprings-community.com
Na’ama Springs – Sabbour
Location
Na’ama Springs is located on a magnificent hillside in the heart of the famous Na’ama Bay in Sharm El Sheikh, and is within walking distance of Na’ama Bay’s famous promenade where shops, cafés and restaurants are located.
Available units for sale now
Studios, apartments and villas
Studios 55 m2 – 56 m2, two-bedroom units 115 m2.
Date of delivery
April 2016
Most attractive features in the compound
Swimming Pool view and landscape from most of the apartments.
Sea view apartments available.
All ground floor units have a garden
All top floor units have a roof equal in size to the unit.
The project is on elevations with a magnificent view of Na’ama Bay.
Modern design, high quality building and European style finishing.
5 Swimming pools
Pool bars
80% Green area and water
24-Hour security
Housekeeping
Parking area
Kids area
Waterfall
Wi-Fi
Changes in pricing as of 2015
There are expected to be.
Finishing Specifications
High quality local ceramics, oak doors, Swedish lumber for internal doors and handrails. Windows and terrace doors are aluminum and glass sectors.
Occupancy rate of compound
56% of the project has been sold.
Payment plans and facilities
Type D – Studios priced at 405,000 EGP:
-50,000 EGP contract payment
-50,000 EGP delivery payment
-Balance of the unit price in installments over (60) months (until Dec 2019).
Type B -Studios and Two bedrooms (the latter from 775,000 EGP to 825,000 EGP):
-20% Contract payment
-80% installments over (60) months (until Dec 2019).
Amlak
Golf Extension Community
Location
In a prime location in 6th of October City, the Golf Extension Community is a new extension of Palm Hills, covering 324 acres.
Available units for sale now
Modern Contemporary Villas, Twin houses, and Townhouses ranging from 375 m2 to 410 m2 and 486 m2.
Date of delivery
3 Years from signing of the contract.
Most attractive features in the compound
- Pools and sports courts
- 2 Clubhouses
- Commercial area
- Golf courses
- E-compound
- Smart home, including the needed preparation for smart TV and air-conditioning.
- Gardens sited to catch the morning sun.
Changes in pricing as of 2015
Yes
Finishing Specifications
Finished and Semi Finished
Method of payment
-10% reservation and contract.
-10% upon delivery.
-Balance up to 6 years in quarterly instalments.
Makadi
Location
Makadi is an integrated gated community on the Red Sea, located in the heart of Makadi Bay area, 30 Km away from Hurghada and 30 Km away From Safaga.
Available units for sale now
Units range from 57 m2 to 158 m2 in a total area of 3,750,000 m2.
20% of the land is devoted to residential units and amenities, 80% of the area is devoted to green landscape.
Phase 1: 2700 units on 380,000 m2.
Date of delivery
2 years from contract signing.
Most attractive features in the compound
- School, Cinema, Hospital, Hotel, Sports Club
Method of payment
-20% advance.
-20% reservation and contract.
-Balance up to 5 years in quarterly instalments.
B2B for Investment & Real Estate Marketing
The Rundown of West Cairo Real Estate
Business to Business for Investment & Real Estate Marketing is a leader in Egyptian premium Commercial and Residential real estate marketing services. B2B is also a specialized research and analysis advisor, identifying various real estate investments.
We offer the client the advantage of working with a team of professionals with knowledge that has been refined through many years in business, and through extensive training and educational programs.
6th of October is becoming increasingly popular for a variety of reasons. It is 17 km from the great Pyramids of Giza and 32 km from downtown Cairo. The city has a total area of 97.4 thousand acres and is expected to eventually have 3.7 million inhabitants. There is an increasing demand in the 6th of October area, which fortunately correlates with the high level of supply. The 6th of October area includes a large variety of compounds that meet the current market demand. So, if you’re looking for your dream home, 6th of October is the place where you should be looking.
Not only is there a sufficient supply in 6th of October, but there is also a large percentage of habitable compounds or “ready to move in”. Around 70% of Sheikh Zayed compounds are occupied and include fully functioning facilities. Those compounds include, but are not limited to, Palm Parks, Palm Hills 1 and Hay El Ashgar. This gives you a great opportunity if you are looking for a unit and want to move in directly.
If you are looking for your dream home right now, the following is a brief of the availability in 6th of October. Apartment areas start from 130m2, available at Ashgar City, and 150m2 available at Palm Parks. As for duplexes, areas start from 200m2 at Palm Parks. Townhouses start at 270m2 and stand-alone villas 300m2 available at WoodVille. So whether you’re looking for an apartment, duplex, townhouse, twin-house or a detached villa, you’ll find availability at 6th of October, as opposed to the current scarcity in New Cairo.
There is a consistent price increase in each project from one phase to the next. Price increases also occur at the beginning of each year. By the beginning of 2015 there is an expected price increase of 10%. So if you were thinking about searching for your new home, now would be the right time.
Concerning the finishing specs, most of the compounds deliver the units semi- finished which, is fortunately suitable for client demand.
Payment plans differ from one project to another, but here is a brief of what you will find in the market. Down payments range from 20% to 25% and installments range from 3 years up to 6 years. So if you prefer paying over a long period or a short one, you’ll find options. Also, the nearest delivery of units in the 6th of October area would be 2015, so it’s this year.
In the year 2014, a lot of projects were launched in 6th of October, such as Mountain View Chill Out Park and The Courtyards, and they have witnessed great response. There is an expected increase in project launches by different developers in the year 2015; as well as the launch of new phases in Westown, Palm Hills, Edar, M.V Chill Out Park and The Courtyards.
B2B associates can provide the knowledge to help our clients make informed decisions and design the ideal real estate solutions that meet your needs.
Coldwell Banker – New Homes
Coldwell Banker
Coldwell Banker Egypt Network consists of 8 offices serving clients all over Egypt.
- First Launched in San Francisco in 1906.
- One of the premier Real Estate franchise organizations in North America and the Middle East.
- 108 years of experience in real estate.
- More than 12 years in Egypt.
- Has a global reach in 47 countries.
- Investment Opportunities.
- Residential Real Estate Brokerage, buying or renting.
- Commercial Real Estate Brokerage, leasing retail and office spaces.
- Real Estate Auctions, a different, legally approved way for selling properties on a large scale.
- Training academy. Coldwell Banker offers Real Estate sales certification and many specialized Real Estate soft skills training, certified by Coldwell Banker Academy in the US.
I have a unit I want to sell/ buy or rent, how can Coldwell Banker help me?
You can call Coldwell Banker hotline, visit the website or contact via e-mail. Coldwell Banker will market your property, or provide you with the property you need, follow up and conduct the negotiations for you through its’ agent.
New Homes
Meet New Homes, Egypt’s leading real estate consultancy service. From handling sales and marketing for real estate developers, to helping home-owners and clients through home buying/selling/renting process, New Homes offers these services and more.
Who are we?
- New Homes has the best-in-class, reputable and qualified Real Estate developers under one roof.
- New Homes portfolio of projects (residential compounds) covers different districts in greater Cairo and caters to A and B market segments, with Zero% buyer commission.
- New Homes works as a sales and marketing arm for credible developers.
- New Homes’ role is to act as a gateway for both local and International sales.
What services does New Homes offer?
- As an added value for developers, New Homes acts as a sales arm and marketing platform for developers’ projects.
- New Homes supports its’ clients through their buying and decision making process, essentially becoming their consultants. New Homes helps clients compare between the best projects suited to their needs.
- The company enhances the real estate market in Egypt by increasing sales volumes for the developers.
What are the changes in price in Real estate industry over the past year and what are the expectations for the upcoming year?
It varies according to each district, in general the average increase runs at a 15-30% price increase from the previous year, the expected increase for 2015 is around 20%.
Why should you be interested in life in a gated community?
- Security
- Landscape
- Special facilities
- Privacy
- Community lifestyle
- Well-designed unit
- Moving away from parking problems
- Club houses
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