Last update: 7 June 2021
|Year Built / Deliver Year||2022|
|Finish Type||Extra super lux|
|Price Per Meter||39,600 EGP|
|Payment Method||Cash or Installments|
PRE-Developments, the real estate development company, has announced a new construction project in the New Cairo named Stone Street Mall.
The company has implemented the Stone Development series to be an administrative residential project that accommodates all of their clients' needs from housing, investment, and entertainment.
The Stone Development project consists of: Stone Street, Stone Residence, and two high-end residential projects, namely Stone Park and Stone Towers. The company was interested in choosing a distinctive strategic location in New Cairo to make the most of its proximity to important and vital places.
Stone Street Mall is one of the best investment projects located in the Fifth Settlement area in New Cairo. The project is located on an area of 180,000 square meters and consists of all commercial, administrative and medical units.
The area of administrative units starts from 140 up to 760 square meters, while the area of commercial units start from 212 to 800 square meters. The mall provides all services and entertainment means to serve customers in addition to the distinct urban design.
PRE Developments was established in 2017 as part of the Pioneers Holding Group for Financial Investments. The Pioneers Group is one of the pioneers in the field of investment and financial services in the field of bank and bank transfers in Egypt, with more than 25 years of experience in the field of investments.
The company is also characterized by its high-level achievements in three specialized sectors: housing and contracting, industry, and non-banking financial services.
The work of the company was not limited to constructing projects from the beginning only, but it could develop and evaluate various old-construction residential and commercial real estate.
The company owns a land area of more than 9 million square meters, especially for the establishment of projects and distributed in a number of cities, including New Cairo, Sixth of October, the North Coast, Ain Sokhna and Marsa Alam. The company has implemented many distinguished projects in different cities, and its most prominent achievements are:
-Stone Park, the New Cairo
-Stone Street Mall
-Stone Residence, New Cairo
-The Hadaba project, the 6th of October City.
-Telal resort, Ain Sokhna
-Point 90 Mall, New Cairo
The mall is located in the most prestigious areas of the Fifth Settlement in New Cairo, the most vital of which is close to its main axes, including the Ring Road and the Field Marshal Tantawi. The project is adjacent to several important places such as the American University in Cairo (AUC), Katameya Heights Golf Resort and Cairo Festival City.
The mall consists of commercial, administrative, and medical units of different sizes to suit all customers’ tastes and preferences.
The areas of administrative offices range from 120 square meters to 760 square meters, while commercial units range between 212 square meters and 800 square meters.
There are also units that range between 120 square meters up to 480 square meters, and units can be combined as desired by the customer. In addition to many other units, including meeting and conference rooms, a private garage, and service activities units.
The company designed this integrated commercial project with services and units on an area of 180,000 square meters. The project consists of commercial and administrative buildings, all of which are shaped like an X, which consists of 4 parts.
Each side of the mall extends over an area of about 500 square meters, with the areas of each building reaching 2,000 square meters. The administrative department consists of 10 buildings, and the administrative office spaces start from 140 square meters up to 760 square meters.
The administrative department is located on the façade of the mall on the main road, and the mall's glass façade consists of two layers, one of which is glass permeable to sunlight, and the other blocks the heat and conserves the building.
The commercial part is located on the inner side of the mall and around the walkway, and consists of two floors of ground floors, and includes commercial units with spaces ranging from 212 square meters to 800 square meters.
The mall includes all units that meet the needs of its customers, as it includes meeting rooms, equipped rooms, waiting areas for visitors, as well as a 5-star hotel and a private garage for customers and their visitors.
The mall project was distinguished from other commercial projects in the Fifth Settlement and New Cairo with many advantages that made it the center of choice for customers.
Among the most prominent features of the mall project:
-The distinctive X-shaped design gives it a unique character and interface
-Creative finishing of the mall, while providing it with the latest international technologies
-The location mall is on the Ring Road and near the axis of the Field Marshal Tantawi and the ninety Street, which facilitates access to it from various directions
-Recreational areas that the mall overlooks, such as the Green River, the golf course and the stone park
-Proximity to high-end residential areas such as Katameya Heights Golf Resort and Stone Residence Compound, Fifth Settlement
-The nearby commercial projects increase the vitality of the place and provide the customers' needs, including Cairo Festival Mall, Downtown Katameya Mall in New Cairo and South Tennis Mall
-The nearby university to the mall increases investment opportunities and the popularity of activities in the mall, such as the German University in Cairo (GUC) and the new American University in Cairo (AUC) administrative building
-New cities near the mall increase its customers and motivate them to invest, including: Maadi, Nasr City, Heliopolis, the New Administrative Capital, and Sixth of October City
The mall offers all units that pave the way for investment and luxury for customers, including:
-Security and guarding throughout the day, and high-level surveillance cameras
-A large garage with a capacity of about 5,500 cars, to prevent congestion
-Generators to continue working in the event of a power outage
-High speed internet
-High-speed electric elevators
-A 5-star hotel with 400 hotel rooms and a 2 kilometers walkway
-Conference and meeting rooms
-12 large yards as open areas and waiting areas for visitors
-Many restaurants and cafes
The prices of the different units vary according to the areas, starting from EGP 2,300,000.
PRE-Developments provides the units at the lowest price per meter, as the average price per square meter is EGP 44,000.
PRE-Developments offers about 5 different payment systems to suit all mall customers who wish to invest with the lowest down payment and the longest payment period possible, the company provides the following systems:
There are two basic systems, one of which is with a down payment and the rest in equal installments, as follows:
-10 down payments and the rest of the amount in installments over 5 years
-15 down payments with the remainder in installments over 6 years
As for the other system, it is by prepayment in two or three installments, then the rest in equal installments, as follows:
-5 down payment upon contracting, 5 of the total amount will be paid after 6 months, and the rest in installments over 6 years
-10 down payment upon contracting, a 10-month payment of the total amount after 12 months, and the rest in installments over 7 years
-10 down payment upon contracting, a 10-month payment after 12 months, another 5-year payment after two years, and the rest over 8 years' installments
There is an exceptional 5% discount for doctors and pharmacists, as well as a special discount for cash payment during project delivery. Provided that the delivery date of the fully finished units is after 3 and a half years from the date of the contract.
The Fifth Settlement is one of the most prominent communities in New Cairo, and it includes several high-end neighborhoods, such as the first, second, third, fourth and fifth districts, Narges, Yasmine, Al-Banafsj, South Academy, West Golf, Choueifat and Diplomats. The Fifth Settlement includes the ninety Street, which is the largest area that contains many commercial, administrative and financial centers. The Fifth Settlement includes residential areas of various units, including villas and palaces of an ancient architectural style.