The Egyptian government tended to establish the New Administrative Capital to reduce the high population density in the capital. It was keen on ensuring that New Capital would include all the factors that would enable it to compete with the major cities of the most important developed countries.
The New Capital included a large number of real estate projects that mainly aim to provide all services and facilities to the residents and visitors of the city, to become an independent integrated city, and commercial malls always come on top of commercial projects, and they are widely available within the new capital.
One of the newly established malls within the capital is the Sense Mall 1 project, with an investment cost of 150 million pounds, characterized by its good strategic location, and it was founded by Sense Group for real estate development.
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Details of Sense Mall 1 in the New Administrative Capital
The Sense Mall 1 project is one of the administrative and commercial projects within the New Capital established by Sense Real Estate Development, and it is the first mall in a series of malls that will be launched successively.
Location of Sense Mall 1 Building in the New Administrative Capital
The Sense Mall 1 project is located in a privileged area within the New Capital, in the Downtown area, near the banks’ area and the government district, and therefore it mainly provides its services to many companies and organizations located around it. The mall is also located next to Al Massa Hotel and near the Egypt Mosque.
The Real Estate Developer of the Sense Mall 1 Project
The company responsible for the construction of the mall is Sense Developments Group, one of the leading names in the field of contracting and construction, its business is spread in the Middle East and North Africa, and its experience reaches 25 years in the real estate field.
The projects established by the company are not limited to commercial and administrative projects only, but it has previous major works in residential, sports, and entertainment projects as well, and the most important works in which it participated are:
- Beni Suef power station
- Al-Ahly Club in Nasr City
- La Vista project in the New Capital
- Water desalination plant in Galala city
- El Sewedy Cement Project
- El Patio Prime Project
- Ghazala Hotel, Tripoli
Types of Units in Sense Mall 1 Complex in the New Administrative Capital
The companies developing real estate projects in the new capital take into account that they provide a diversity of units to suit the requirements of different segments of customers and those wishing to invest in real estate.
Sense Mall 1 includes commercial units suitable for shops of various fields, and administrative units in Sense Mall suitable for setting up companies and offices of various specialties.
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Details of Sense Mall 1 in the New Administrative Capital
The Sense Mall 1 project was built on an area of 1,700 square meters, and the developing company contracted with a large and well-established consulting office, Dr. Hatem Ghaith for Engineering and Architectural Consultations, to be designed at the highest level and to provide the owners with its units with an integrated and ideal experience.
Sense Mall 1 consists of a ground floor and eight repeating floors, the first four floors are dedicated to commercial activities, and the rest of the floors are dedicated to administrative activities in the New Administrative Capital, bringing the total number of units available inside it to about 75 units, in addition to having more than one basement equipped as a garage to receive visitors’ cars and workers in administrative and commercial units.
As for the areas of the units available in the mall, they start from 20 square meters for administrative and commercial units, with great flexibility in the spaces of the units to suit the requirements of each customer, his type of activity, and his budget.
Prices of Units in Sense Mall 1
Sense Real Estate Development offers special prices for the real estate units offered for sale inside the mall. These prices are:
The average price per square meter in commercial units ranges from EGP 30,000 to 130,000
The average price per square meter in the New Administrative Capital in commercial units ranges from EGP 18,000 to 27,000
The company also offers some facilities and payment systems that allow the customer to pay 10% of the total amount as a reservation provider, with the rest of the amount being paid in installments over a long period of up to 10 years, to allow all those interested in investing in the mall to get the offer that suits them.
Advantages of the New Administrative Capital
The New Capital project is the most important national project currently in place, drawing the attention of the state, various real estate companies, and investors, to make it at the highest level of urban planning, quality of construction, abundance and integration of services, to be worthy of becoming a new, developed and modern capital that relieves pressure on the capital, Cairo and major cities.
In the New Capital, advanced security systems are achieved that provide the highest levels of safety and protection necessary for the residents and the projects established in the city, and include a surveillance system and cameras distributed throughout.
Know more about units for sale in mega projects in the New Administrative Capital!