The real estate market in Egypt has witnessed noticeable changes in recent times , because the negative effects of the new corona virus, And sales rates have decreased significantly in the last half of 2020 until now, Many of those people who are willing to buy are expecting prices to drop in the coming period.
Recently, there has been a noticeable decline in the demand in New Cairo, which now records 52% of the supply, while in 6 October and new sheikh zayed city it reached 36% and even 45%, and all indicators have confirmed that the real estate market in 2021 will witness a natural price increase of 15%, And that most companies have developed the mechanisms of dealing with customers and everything is done electronically, and that the technological infrastructure of companies has been developed to stimulate online selling.
The best time to buy is the current time due to the offers that companies provide to customers, and it is expected that they will decrease during the coming period, as there are now comfortable payment periods and help to energizing the market movement.
As a result, Landmark Real Estate Development Company launched Selena Compound project, which the first phase was sold in the first week of its launch.
As Mr. Ahmed Shawky the Ceo at Landmark Real Estate Development: “We are very pleased with the wonderful reception from Landmark customers for these new architectural concepts that we introduced through the Selena Compound project”.
The project includes the launch of a number of units, including Town Villas and Twin Villas, which are efficiently designed, in addition to being easily accessible through the main road network linking the project with the highways and the surrounding neighborhoods.
Selena Compound location is the best location in the new Sheikh Zayed City because it is located in front of West Town, three minutes from Sodic Strip in front of Beverly Hills, with a price starting from 2,880,000 and vary payment methods starts with a 10% down payment and reaches 8 years of installments and areas starting from 264 meters