Compare Between Prices of 3 Compounds in New Administrative Capital
In this article, we compare the cheapest 3 compounds in the administrative capital,
The New Administrative Capital is a promisingly futuristic city in Egypt as it will be the new capital of the country with many services and choices for residence. Details about the city were revealed on the 13th of March 2015 and it lies at 45 kilometers east of Cairo between it and Suez. The city has 21 districts and 25 other private ones.
The city is set to have the parliament, presidency, ministries and embassies. The whole area of the city is 700 square kilometers and it can have 7 million residents in total. In this article, we compare the about the prices of three compounds in the administrative capital,
- Pukka
- Entrada
- Oia
Pukka Compound
One of the best compounds in the new administrative capital with competitive prices compared to other compounds. The price of each square meter for the offered units is ranging between EGP 9,000 to 11,000 . The compound offers 43 buildings with 2,500 units and it was built on an area of 40 feddans.
The compound offers many high quality services and features including:
- Green areas
- Solar energy
- Swimming pools
- Mall
- Medical services
- Restaurants
- Cafes
- Security
Prices and Payment Systems
- Apartment with a garden with areas ranging between 139 and 198 square meters: prices range between EGP 1,636,000 and EGP 2,193,000
- Apartments with areas ranging between 147 and 205 square meters: prices range between EGP 1,470,000 and EGP 1,845,000
- Penthouses with areas ranging between 147 and 205 square meters: prices range between EGP 1,949,000 and EGP 2,370,000
The payment plans offer 10 percent first payment and up to 7 year installments with no interest.
Location of Pukka Compound
Pukka compound lies near Al Masa hotel at only 20 minutes from New Cairo and it is surrounded by commercial areas.
Entrada compound
Entrada compound offers competitive prices as the price of the square meter range between EGP 8,000 and 10,000. The project lies at the heart of the new administrative capital and it was developed by Sorouh, one of the largest investors in the real estate field in Egypt. The total area of the compound is 72 feddans.
The services and features offered by the compound include:
- Wide green areas
- 24 hours security
- Swimming pool
- Parking
- Cafes
- Restaurants
- Parks
- Malls
- Clubhouse
- Social club
- Gym and spa
Prices and Payment Systems
The prices of the units offered by the compound are competitive as the price of each square meter starts at EGP 8000. The payment plans include:
- 0 percent first payment with 6 year installments and no interest
- 7 percent first payment with 7 year installments and no interest
- 25 percent first payment with 10 year installments and no interest
Areas of Units
The areas of the apartments of the compound start at 128 square meters and up to 220 square meters while the duplexes are offered with areas ranging between 225 and 240 square meters.
Location of Entradda Compound
The compound has an excellent location at the heart of the new capital near British university and just minutes from the capital airport and the presidential palace.
Oia compound
One of the best projects in the administrative capital that has a strategic location and excellent prices. The price of the square meter is ranging between EGP 9,000 and 10,500 only and the compound is formed of an island that oversees 4 main roads. The compound was named after a Greek island that inspired the beautiful green areas covering much percentage of the 30 feddans project.
Location of the Oia Project
The project lies near Mega Mall and Expo G5. The project was developed by Edge holding that was established in 2018. The compound was built on an area of 18,000 square meters with much green areas and entertainment ones. It also offers variety in the units with 2 or 3 bedrooms and high standards in designing the units.
Areas and Types of Units
The compound offers apartments with areas ranging between 154 and 222 square meters and penthouses with areas ranging between 133 and 268 square meters. The price of the square meter starts at EGP 8,000 according to the estimates of the first quarter of 2019.
Services in Oia Compound
The compound offers a number of services and features including:
- Wide green areas
- Sports clubs
- Security
- Swimming pools
*The prices mentioned in this article are changeable. In Aqarmap, we always ensure to update the price list of neighborhood in order to the customer be aware of the changes taking place in the real estate market, as well as to measure demand via Aqarmap indicator.