Egypt's real estate market has long been a vital sector of the country's economy, with a significant contribution to the GDP. However, the market has faced several challenges that have affected its growth and sustainability. Challenges Facing Egypt's Real Estate Market: - Lack of Affordable Housing: With Egypt's growing population, there is a high demand for affordable housing. However, the supply is limited resulting in higher prices and unaffordable housing for many Egyptians. - Regulatory Environment: The regulatory environment in Egypt is complex and often changes making it challenging for developers and investors to navigate the market. - Infrastructure Development: Egypt's infrastructure development has not kept pace with the growth of the real estate market. The lack of adequate transportation, water and electricity infrastructure has hindered the development of new projects. - Political Instability: Egypt's political instability has had a significant impact on the real estate market with many investors hesitant to invest due to the uncertain political climate. Potential Solutions: - Increase the Supply of Affordable Housing: The Egyptian government can work to increase the supply of affordable housing by offering incentives to developers to build low-cost housing projects. This can be achieved through tax breaks, land subsidies and other measures. - Simplify the Regulatory Environment: Simplifying the regulatory environment can help developers and investors navigate the market more easily. The government can achieve this by streamlining the permitting process reducing bureaucracy and providing more transparency in regulations. - Develop Infrastructure: Developing the necessary infrastructure such as transportation, water and electricity can make the real estate market more attractive to investors and developers. The government can partner with private investors to fund infrastructure development projects. - Political Stability: The government can work towards ensuring political stability by creating a conducive business environment that encourages investors to invest in the market. This can be achieved by reducing corruption, in providing transparency inside the governance and ensuring the rule of law.
The Edge is located in El Shorouk City, El Shorouk. The developer of The Edge is EGYGAB Developments.
The completion date for The Edge is and the finishing for the properties are Fully Finished.
The starting price of properties in The Edge is 1,810,192 EGP with a price per sqm of 44,401 EGP. The downpayment for a property in The Edge is starting at 20% or 362,038 EGP. The number of installments for a property in The Edge is 20 installments and has a payment plan of 5 years. The monthly payment of a property in The Edge 30,170 EGP
5 Business Hub is located in Downtown , New Capital. The developer of 5 Business Hub is Tamayoz.
The completion date for 5 Business Hub is and the finishing for the properties are Fully Finished.
The starting price of properties in 5 Business Hub is 800,800 EGP with a price per sqm of 33,366 EGP. The downpayment for a property in 5 Business Hub is starting at 30% or 240,240 EGP. The number of installments for a property in 5 Business Hub is 40 installments and has a payment plan of 10 years. The monthly payment of a property in 5 Business Hub 6,673 EGP
Agile Business Complex is located in Downtown , New Capital. The developer of Agile Business Complex is Radix Real Estate.
The completion date for Agile Business Complex is and the finishing for the properties are Fully Finished.
The starting price of properties in Agile Business Complex is 1,680,000 EGP with a price per sqm of 48,000 EGP. The downpayment for a property in Agile Business Complex is starting at 10% or 168,000 EGP. The number of installments for a property in Agile Business Complex is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Agile Business Complex 17,500 EGP
X Business Complex is located in Downtown , New Capital. The developer of X Business Complex is Doja Development.
The completion date for X Business Complex is and the finishing for the properties are Fully Finished.
The starting price of properties in X Business Complex is 1,650,863 EGP with a price per sqm of 53,253 EGP. The downpayment for a property in X Business Complex is starting at 15% or 247,629 EGP. The number of installments for a property in X Business Complex is 26 installments and has a payment plan of 6.5 years. The monthly payment of a property in X Business Complex 21,165 EGP
ONYX Tower is located in Downtown , New Capital. The developer of ONYX Tower is Doja Development.
The completion date for ONYX Tower is and the finishing for the properties are Fully Finished.
The starting price of properties in ONYX Tower is 1,176,000 EGP with a price per sqm of 40,551 EGP. The downpayment for a property in ONYX Tower is starting at 10% or 117,600 EGP. The number of installments for a property in ONYX Tower is 24 installments and has a payment plan of 6 years. The monthly payment of a property in ONYX Tower 16,333 EGP
Tiffany Business Park is located in MU23, New Capital. The developer of Tiffany Business Park is Pillarz Developments.
The completion date for Tiffany Business Park is and the finishing for the properties are Fully Finished.
The starting price of properties in Tiffany Business Park is 2,520,000 EGP with a price per sqm of 45,000 EGP. The downpayment for a property in Tiffany Business Park is starting at 15% or 378,000 EGP. The number of installments for a property in Tiffany Business Park is 28 installments and has a payment plan of 7 years. The monthly payment of a property in Tiffany Business Park 30,000 EGP