“The government’s investment in infrastructure offers a support pillar to the increased number of projects underway,” says Ayman Sami, Country Head Egypt, JLL.
It’s a good sign for the real estate sector. Developers have come out in full force over the last two-days, showing their support for the sector by launching new projects and offering attractive payment plans on new apartments, villas, and townhouses.
Exhibitor, Memaar Al Morshedy showed visitors SkyLine the world’s largest residential building.
“The real estate market is looking brighter than ever as the market is now stable. For potential homebuyers, the factors which affect them are prices and location,” says Omar Al Morshedy, Marketing Director at Memaar Al Morshedy.
El Tayebi Development have launched Buena Vista in New Cairo and Project 215 – Degla El Maadi, in Degla El Maadi - both luxury residential projects.
Also, among this year’s launches was the residential project, Country by Misr Al Ghad in Bait Alwatan in the fifth settlement, New Cairo. The developer is offering a EGP 50,000 discount on the new project.
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