Al Riyadh SECON Compound New Cairo is the latest project of the Saudi-Egyptian Construction Company.
The compound is built in the Fifth Settlement in New Cairo on a total area of 68 acres. The Company was keen on utilizing all the space for the benefit of buildings, services, facilities and green spaces.
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.
The Real Estate Developer – Saudi-Egyptian Construction Company (SECON)
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.
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 compounds, in addition to 7 projects under construction.
Previous Works by the Saudi-Egyptian Company
- The Rose project, Fifth Settlement
- The Lake Dream project, the City of Lake Dream
- Zahret El Obour project, Obour City
- A tourist village, New Damietta
- A tourist village, New Assiut
- Buildings in Sawari Compound, New Alexandria
- Nile Towers project, Maadi Corniche
- Jayd New Cairo, Fifth Settlement
- Bleu Vert New Capital, the New Administrative Capital
Characteristics of Al Riyadh SECON Complex
Design of Al Riyadh SECON Compound
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.
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.
The units vary between typical apartments and duplexes in Al Riyadh SECON Compound, and all of them will be delivered with super lux finishing. Also, building entrances, stairs and roads will be delivered with full finishing.
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.
Payment Systems in Al Riyadh SECON
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:
- 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 over 4 years without interest
- 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 over 4 years without interest
- 20% of the total unit price is to be paid as a down payment, and the rest would be paid in installments over 6 years without interest
Advantages of Al Riyadh SECON Compound New Cairo
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 areas of New Cairo.
Furthermore, all housing units enjoy views over the green gardens and water bodies, such as artificial lakes and fountains.
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.
Services of Al Riyadh SECON Project
- Tracks for walking, jogging and cycling
- Two service areas for owners only
- Swimming pools and artificial fountains
- A large shopping mall
- A social club
- Sports fields
- Recreational areas for kids
- A nursery
- A mosque
- Dedicated parking lots
- A health club
- Shops within the Compound
- Luxurious cafes and restaurants within the Compound
Location of Al Riyadh SECON In New Cairo
The compound is located in the Fifth Settlement, New Cairo.
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:
- The American University in Cairo (AUC)
- The Future University in Egypt (FUE)
- The 90th Street
- Tamr Henna area
- Platinum Club
- Wadi Degla Club
- El Kronfol neighborhood is accessible via Suez Road or Sadat Axis
Important Areas Surrounding the Compound
- Sharbatly villas area, north of El Kronfol neighborhood
- Mountain View Compound, west of El Kronfol neighborhood
- Lotus North neighborhood, south of El Kronfol neighborhood
- Al-Rehab City extension, northwest of El Kronfol neighborhood
- The 90th Street, east of the Carnation neighborhood
Read about the average price per meter in New Cairo!