Last update: 20 April 2021
|Property Type||Price||Size (in meters)|
|Apartment with Garden||3,063,000 - 5,489,000||22,057 EGP/M2||
|Apartments||3,263,000 - 4,657,000||21,318 EGP/M2||
|Villas||16,010,000 - 24,938,000||50,386 EGP/M2||
Palm Hills, New Cairo is one the most esteemed and demanded compounds in the Fifth Settlement. What makes it stand out is its exquisite facades, facilities and services, and its easy payment methods. Also, the location of Fifth Settlement adds more value to the compound since it is far from the overcrowded downtown, bordered by the Suez Road in the north and the Katameya-Ain Sokhna road in the south. Not to mention the Ring Road that brings it closer to several governorates in addition to vital districts in Cairo such as Nasr City, Maadi, and Downtown.
Palm Hills project in New Cairo is a fully integrated residential project in the most prestigious area of the Fifth Settlement. The compound encompases vast green spaces that cover around 100 acres of the project area, with regular residential units such as townhouses and villas covering around 400 acres of the total area of the project.
Palm Hills New Cairo is the latest work of Palm Hills Developments Company (PDIC), and was preceded by many mega projects that contributed in supporting the Egyptian economy, an Egyptian joint-stock company specialized in real estate development, established in 2005 by companies such as Al Mansour and Al Maghribi for Development and Investment, and both are major players in the Egyptian stock market and leading real estate developers in the region.
with a long history of around 28 mega projects, PDIC quickly made a strong name in the market, renowned for its distinguished work in delivering the most prestigious projects in the Egyptian and regional real estate markets, winning the trust and loyalty of the Egyptian and foreign customers thanks to its good choices for its project locations and its commitment to delivery dates according to the highest international standards, with a diversified staff that includes slew of expertise such as engineers, designers, and consultants, which made its projects attractive to foreign and Egyptian investors alike.
Palm Hills also enjoys a top level board of directors of prominent and notable businessmen and engineers, headed by Yassin Ibrahim Lotfi Mansour, and Muhammad Al-Amin Ismail Lotfi Mansour. It has companies throughout the United Kingdom, Egypt, Saudi Arabia, and Singapore, with it is headquartered in Giza.
Top Projects by Palm Hills Developments
1- Palm Hills Katameya
2- The Village
3- The Village Gate
4- Village Avenue
5- Village Gardens Katameya
6- Capital Gardens
7- Palm Hills New Cairo
The compound also offers a huge array of building designs in all shapes and sizes to suit all tastes and preferences, which delivers flexibility when choosing unit spaces, ranging from 149 up to 611 square meters per unit, and buildings shapes in the compound vary from apartments with a garden, without a garden, and villas.
Palm Hills lies in the heart of New Cairo in the Fifth Settlement, a 15-minute drive away from the American University in Cairo, and only 5 minutes away from the New Administrative Capital. The Fifth Settlement includes financial, administrative and commercial centers serving the city. The compound is surrounded by many international schools, universities and hospitals.
The Fifth Settlement is considered one of the fastest growing areas in Egypt, boasting a cluster of magnificent villas and mansions that are designed in Roman, Islamic, Pharaonic and modern architectural styles.
Palm Hills New Cairo Compound has around 157 housing units. It stretches over a large area similar to predecessors Palm Hills' projects, most of this area (about 80%) is designated to villas and the rest (about 20%) is allocated to residential apartments.
The project’s area is mostly for villas, which is around 500 acres, or 2.1 million square meters, with around 100 acres allocated for green spaces to provide fresh air and landscapes that help you to relax, and also enough space was provided for the rest of the services and facilities that are indispensable in our modern daily life.
The compound incorporates a variety of residential units such as townhouses and villas, with around the clock services such as security. In addition to many entertainment venues and sport clubs for practicing your favorite sports, as well as jogging and cycling tracks in a safe and comfortable environment.
-The areas of apartments with a garden start from 149 square meters with a price of EGP 2,796,800
-Villas start from 300 square meters at EGP 11,363,900
-As for apartments, their areas start from 150 square meters up to 461 square meters, with prices ranging from EGP 2,520,100 to EGP 16,890,00
Options for payment and reservations vary, starting with only a 15% downpayment and the rest of the unit’s price in installments over a period of up to seven years
If you asked any real estate investor or expert about the Fifth Settlement, you’re pretty much guaranteed to hear about the promising future for any residential or commercial project in the city, which is considered one of the most important real estate projects that have contributed and still contributing to the Egyptian economy.
One of the most important features of the Fifth Settlement is its special location, consisting of several neighborhoods, including the First, Second, Third, Fourth, and the Fifth districts, in addition to districts of West Golf, El Choueifat, Diplomats, Narges, Jasmine, Al Banafsaj and South of Academy. The Fifth Settlement also encompases many high-level private schools and universities to provide quality education to its residents, in addition to many sport clubs, mosques and other residential compounds.
The total area of the Fifth Settlement is 70 thousand acres, 43.3 thousand acres of which are allocated for gardens and streets, and the rest are buildings constructed in a unique architectural style that mixes all the western, eastern and modern European designing elements, with a slew of different types of residential units to cover the preferences of all, in addition to around the clock services and all the facilities that the resident needs in a clean, calm and safe environment.