Palm Hills is not just a place for luxury housing, but it is an ideal investment opportunity for anyone looking for the opportunity to own residential units characterized by first-class engineering and architectural designs of high luxury.
Palm Hills Real Estate Development Company, which is one of the most important and largest real estate companies in Egypt, has presented its offers very perfectly. The company’s history clearly shows its successes in residential, commercial and tourism projects, which made its clients and investors praise the effectiveness of their offers
The Palm Hills New Cairo project was built on a large space provided by the company, as this space was invested to provide all the residents’ needs in terms of services and entertainment. Thanks to these services, life in this project has become suitable for all life activities
In addition, Palm Hills is keen on providing a variety of residential units of different design and size, and strives to make the prices of these units highly competitive compared to other competing projects
Many installment options are provided to facilitate owning units within Palm Hills Fifth Settlement, where a system has been introduced that suits all investors and with flexible terms, for a period of up to 8 years
Palm Hills Fifth Settlement Location
Palm Hills chose the vital locations in the Fifth Settlement to establish the compound, because it believes that the location is the core of the success of any residential project. For this reason, the company decided to choose an area close to the ring road and the corridor leading to the i-City Compound of Mountain View, which is a few meters away from the Capital City.
The residential complex in Palm Hills is located near the important sites that you may need, because it is close to the main roads and streets, and these sites and main roads include the following:
- It is located directly on the middle ring road
- Madinaty can be reached in less than half an hour
- The Sports City in the Administrative Capital, approximately 14 km from the compound.
- Less than 20 minutes to reach Al-Fattah Al-Alim Mosque
- Less than half an hour to get to American University.
- 35 minutes to reach Mostakbal City.
- Half an hour to reach the German University in the Administrative Capital, And 35 minutes for the Nativity of Christ Cathedral.
- Approximately 32 minutes to reach the tallest skyscraper in Egypt, and the second tallest in Africa, the “Iconic Tower”
- 47 minutes to reach Cairo International Airport, and 41 minutes to the Administrative Capital Airport.
- Mountain View iCity, located directly next to Palm Hills Settlement
- El Shorouk City can be reached in less than 30 minutes by car
Palm Hills New Cairo’s Space
Residents of the Palm Hills Fifth Settlement residential area enjoy a large 500 feddan (2.1 million square meters) area. The developer company has taken great care in dividing the space, as 82% of it has been allocated for creating green spaces, while only 18% of the remaining space has been left for construction and administrations
The company plans to establish facilities and services on about 100 acres of the compound’s total area. The first phase of the project, which covers an area of about 95 acres, was completed in 2021
Units spaces in Palm Hills Compound, New Cairo
There are many luxury apartments in the residential complex, where the sizes of these apartments vary to meet the needs and demands of customers and the different demand on the real estate market. These apartments also come with luxurious and modern architectural designs
There are many real estate options in Palm Hills New Cairo, including villas, twin houses, and apartments, with different designs and sizes. You can choose property size from 150 square meters (in case of type A3 apartments) to 963 square meters (in case of type B villas).
The company provided the opportunity to book units in the first phase of Palm Hills, where there are two types of villas, two types of apartment buildings, and one type available for duplexes. The company has constructed 1,045 housing units during 2021, including 768 apartments and 277 villas.
It is planned that the Palm Hills New Cairo complex, upon completion of all its phases, will include about 4,500 housing units on an area of just over 400 acres. 100 acres are allocated for non-residential buildings.
Palm Hills Compound, designed by the American company SWA
The developer of Palm Hills New Cairo used the latest modern and luxurious designs, paying special attention to this trend in its projects. In 2016, the American company SWA was commissioned to complete the master plan for the project
Buildings occupy only 18% of the land area within the Palm Hills New Cairo project, while the remaining space has been allocated for other purposes including green spaces, internal roads, and entertainment areas.
An American company designed a residential complex at a height of 330 meters above sea level, so that all units can evoke the view of the lush spaces within the Palm Hills compound in New Cairo.
It was planned to establish the “Palm Hills” project in the Fifth Settlement, and it was decided to distribute the units in 7 consecutive phases. And this really happened, as the first phase was completed in the last quarter of 2021.
Compound Palm Hills New Cairo services and facilities
The company was keen to establish a comprehensive residential community, which includes all the services and facilities required for the residents of the Palm Hills settlement in the Fifth Settlement area, as it allocated 100 acres of its lands for these services. In this way, the residents can enjoy the highest levels of luxury and relaxation within the community, and these services and facilities come in areas such as:
- The compound contains green spaces and landscaping, in order to provide the aesthetic element.
- Palm Hills New Cairo includes a large mosque, in order to perform prayers regularly.
- In Palm Hills New Cairo, security and guarding services are available throughout the day, in order to provide safety among the residents
- It includes a shopping mall, so that the residents can easily carry out shopping
- Compound Palm Hills New Cairo includes the most famous international restaurants and brands, to provide everything the residents need.
- A social club, which includes a gym, spa and sauna, to provide a fun and relaxing experience.
- There are cycling and walking paths in the Palm Hills Compound, so that these sports can be practiced easily.
- children’s entertainment area, while providing them with the necessary protection.
- Palm Hills 5th Settlement includes state-of-the-art security cameras, in order to provide maximum security among the residents.
- Providing fire extinguishing systems at the highest level, in order to deal immediately with fires.
- Palm Hills New Cairo contains a car garage equipped at the highest level to provide adequate protection for cars.
- Providing maintenance and cleaning services in Palm Hills Compound, Fifth Settlement, 24 hours a day, 7 days a week.
Palm Hills compound prices, Fifth Settlement
The company is interested in providing residential units in Palm Hills New Cairo at reasonable prices, to make them available to the largest number of customers. Thus, it aims to reduce the burden of financial expenses that customers face. The prices of the offered units within the Palm Hills Compound, at the foot of the compound, are in line with the aspirations of investors.
- Apartment prices in Palm Hills Compound, Fifth Settlement, range from 3,263,000 pounds or more.
- Prices for twin house villas in Palm Hills New Cairo start from 10,393,000 pounds.
- Prices for standalone villas in Palm Hills in New Cairo start from 9,510,000 pounds.
Installments in Palm Hills New Cairo
It provided the developer’s clients with a range of payment and installment options to acquire the compound units, with the aim of simplifying the process of reservation and ownership. It only matters to adapt slowly and simply. The customer is able to reserve and collateralize without paying any initial estimate, other than choosing a very flexible installment plan up to eight years without surplus, equal amounts.
The real estate developer of Palm Hills Compound
The Palm Hills Development and Real Estate Investment Company, specialized in the development and construction of the “Palm Hills Compound” project, is one of the largest Egyptian companies in the field of real estate development, as it is distinguished for providing huge and elegant projects, It also comes among the most successful development companies in the sale process over the past years.
Palm Hills was established in 1997 in the form of an Egyptian joint stock company, through cooperation between Al-Mansour Company and Al-Maghrabi Investment and Development Company. It was mentioned that these personalities have listed the company on the Egyptian Stock Exchange as well as on the London Stock Exchange. It is characterized by providing luxurious projects of integrated residential cities.
The company has carried out many projects, as the number reached about 26 projects and their area is about 27 million square meters, including 2.1 million square meters for Elm Hills project in New Cairo only. These projects have been implemented in different regions in the Arab Republic of Egypt, including Sharm El-Sheikh, Ain Sokhna, the New Administrative Capital, Nasr City, and the Suez Road. Among the important cities included in the Fifth Settlement and others.