{"id":5253,"date":"2020-12-30T13:41:51","date_gmt":"2020-12-30T11:41:51","guid":{"rendered":"https:\/\/advice.aqarmap.com.eg\/en\/?p=5253"},"modified":"2021-02-02T15:19:22","modified_gmt":"2021-02-02T13:19:22","slug":"al-riyadh-secon-complex-5th-settlemen","status":"publish","type":"post","link":"https:\/\/aqarmap.com.eg\/en\/advice\/al-riyadh-secon-complex-5th-settlemen\/","title":{"rendered":"Features of Al Riyadh Project New Cairo by the Saudi-Egyptian Construction Company (SECON)"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Al Riyadh SECON Compound New Cairo is the latest project of the Saudi-Egyptian Construction Company.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The compound is built in the Fifth Settlement in New Cairo on a total area of \u200b\u200b68 acres. The Company was keen on utilizing all the space for the benefit of buildings, services, facilities and green spaces.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The compound provides housing units with different types and prices. The company provides different payment systems with the longest possible payment period, in order to satisfy all tastes of customers and meet their different needs.<\/span><\/p>\n<h2><b>The Real Estate Developer &#8211; Saudi-Egyptian Construction Company (SECON)<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Saudi-Egyptian Construction (SECON) development is an Egyptian joint stock company, which is jointly owned by the Egyptian Ministry of Housing and the Saudi Ministry of Finance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since its establishment in 1975, the Company has established 45 projects, and it was one of the first companies to support and adopt the idea of \u200b\u200bcompounds, in addition to 7 projects under construction.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><b>Previous Works by the Saudi-Egyptian Company<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Rose project, Fifth Settlement<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Lake Dream project, the City of Lake Dream<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Zahret El Obour project, Obour City<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A tourist village, New Damietta<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A tourist village, New Assiut<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Buildings in Sawari Compound, New Alexandria<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Nile Towers project, Maadi Corniche<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Jayd New Cairo, Fifth Settlement<\/span><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/aqarmap.com.eg\/en\/listing\/2528179-projects-bleu-vert\"><span style=\"font-weight: 400;\">Bleu Vert New Capital<\/span><\/a><span style=\"font-weight: 400;\">, the New Administrative Capital<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><b>Characteristics of Al Riyadh SECON Complex<\/b><\/h2>\n<h3><\/h3>\n<h3><b>Design of Al Riyadh SECON Compound\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The project is designed to have organized internal routes, so that it would be easy for anyone to reach anywhere and move from one building to another in the Compound. The Compound enjoys clear and open layouts that allow fresh air and sunlight to reach each housing unit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Buildings in Al Riyadh SECON Compound, New Cairo are distinguished by their luxurious and elegant architectural designs, with 5 different interior designs depending on the different areas. The project consists of 120 buildings in 3 phases, with 1900 housing units in total.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0The units vary between typical <\/span><a href=\"https:\/\/aqarmap.com.eg\/en\/for-sale\/property-type\/cairo\/new-cairo\/compounds\/lryd-sykwn\/\"><span style=\"font-weight: 400;\">apartments and duplexes in Al Riyadh SECON Compound<\/span><\/a><span style=\"font-weight: 400;\">, and all of them will be delivered with super lux finishing. Also, building entrances, stairs and roads will be delivered with full finishing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Each building consists of a basement, a ground floor, and 4 upper floors. Each building has an elevator, and each unit on the ground floor is entitled to use a garden.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><b>Payment Systems in Al Riyadh SECON\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Saudi-Egyptian Construction Company offers 3 flexible and different payment systems in Al Riyadh SECON Compound in order to meet the needs of customers, as follows:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">15% of the total unit price is to be paid as a down payment, then 15% as a second payment after 6 months, and the rest would be paid in installments <\/span><b>over 4 years<\/b><span style=\"font-weight: 400;\"> without interest<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">10% of the total unit price is to be paid as a down payment, then 10% as a second payment after 3 months, and the rest would be paid in installments<\/span> <b>over 4 years<\/b> <span style=\"font-weight: 400;\">without interest<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">20% of the total unit price is to be paid as a down payment, and the rest would be paid in installments<\/span><b> over 6 years<\/b><span style=\"font-weight: 400;\"> without interest<\/span><\/li>\n<\/ul>\n<h2><\/h2>\n<h2><b>Advantages of Al Riyadh SECON Compound New Cairo<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Compound is distinguished by its privileged location in the heart of New Cairo, so that it is close to many international schools and hospitals and the most important landmarks and <\/span><a href=\"https:\/\/advice.aqarmap.com.eg\/en\/your-guide-to-top-7-neighborhoods-in-greater-cairo\/\"><span style=\"font-weight: 400;\">areas of New Cairo.<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, all housing units enjoy views over the green gardens and water bodies, such as artificial lakes and fountains.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is also a 24-hour security system, with 4 main gates to the Compound that prevent the congestion of residents at any certain gate, as well as there is more than one exit in emergency situations.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><b>Services of Al Riyadh SECON Project<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Tracks for walking, jogging and cycling<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Two service areas for owners only<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Swimming pools and artificial fountains<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A large shopping mall<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A social club<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sports fields<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Recreational areas for kids<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A nursery<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A mosque<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Dedicated parking lots<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A health club<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Shops within the Compound<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Luxurious cafes and restaurants within the Compound<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><b>Location of Al Riyadh SECON In New Cairo<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The compound is located in the Fifth Settlement, New Cairo.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is specifically located in the El Kronfol neighborhood, which is located in the middle of the largest and most important projects of New Cairo directly in front of Rehab City 2, and on 3 main streets. The Compound is located near:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">\u00a0The American University in Cairo (AUC)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Future University in Egypt (FUE)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The 90<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> Street<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Tamr Henna area<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Platinum Club<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Wadi Degla Club\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">El Kronfol neighborhood is accessible via Suez Road or Sadat Axis<\/span><\/li>\n<\/ul>\n<h2><b>Important Areas Surrounding the Compound<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sharbatly villas area, north of El Kronfol neighborhood<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Mountain View Compound, west of El Kronfol neighborhood<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Lotus North neighborhood, south of El Kronfol neighborhood<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Al-Rehab City extension, northwest of El Kronfol neighborhood<\/span><\/li>\n<li style=\"font-weight: 400;\"><a style=\"text-transform: initial;\" href=\"https:\/\/advice.aqarmap.com.eg\/en\/know-more-about-90th-street-in-fifth-settlement\/\">The 90th Street, east of the Carnation neighborhood<\/a><\/li>\n<\/ul>\n<blockquote><p><span style=\"font-weight: 400;\">Read about the average <\/span><a href=\"https:\/\/aqarmap.com.eg\/en\/neighborhood\/cairo\/new-cairo\/\"><span style=\"font-weight: 400;\">price per meter in New Cairo<\/span><\/a><span style=\"font-weight: 400;\">!<\/span><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Al Riyadh SECON Compound New Cairo is the latest project of the Saudi-Egyptian Construction Company.\u00a0 The compound is built in the Fifth Settlement in New Cairo on a total area of \u200b\u200b68 acres. The Company was keen on utilizing all the space for the benefit of buildings, services, facilities and green spaces.\u00a0 The compound provides [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5254,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[355],"class_list":["post-5253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-cairo-compounds","tag-new-cairo-compounds"],"_links":{"self":[{"href":"https:\/\/aqarmap.com.eg\/en\/advice\/wp-json\/wp\/v2\/posts\/5253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aqarmap.com.eg\/en\/advice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aqarmap.com.eg\/en\/advice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aqarmap.com.eg\/en\/advice\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/aqarmap.com.eg\/en\/advice\/wp-json\/wp\/v2\/comments?post=5253"}],"version-history":[{"count":0,"href":"https:\/\/aqarmap.com.eg\/en\/advice\/wp-json\/wp\/v2\/posts\/5253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aqarmap.com.eg\/en\/advice\/wp-json\/wp\/v2\/media\/5254"}],"wp:attachment":[{"href":"https:\/\/aqarmap.com.eg\/en\/advice\/wp-json\/wp\/v2\/media?parent=5253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aqarmap.com.eg\/en\/advice\/wp-json\/wp\/v2\/categories?post=5253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aqarmap.com.eg\/en\/advice\/wp-json\/wp\/v2\/tags?post=5253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}