City Hall Mall Commercial & Admin At The Heart of New Cairo

City Hall Mall Commercial & Admin At The Heart of New Cairo

Amal Ali 30 Nov 2022

The real estate market in Egypt continues to attract huge and strong investments, whether from Egyptian companies or internal investments. It was recently announced that Glamor Jewelry Company will enter the Egyptian real estate market under the chairmanship of its CEO Tarek Suleiman, through the establishment of Serak Developments Company, which will be a subsidiary of Glamor Company.

Get to know the developer

Serac Developments begins its career very strongly, as it announced its first project, City Hall Mall New Cairo. City Hall Mall New Cairo is one of the real estate projects that are expected to cause a stir in the real estate world. City Hall Mall, Fifth Settlement, offers many features that anyone considering real estate investment will be looking for.

The City Hall Mall project in New Cairo also comes as a result of the partnership between businessman Tariq Suleiman through Serac Developments, and Emirati businessman Tawheed Abdullah, owner of Damas Real Estate Company, Damas Jewelry, and a member of the Arab Union for Gold Middle East. Read on for more information.

City Hall Mall New Cairo features 

The features of City Hall Mall start from the location, as it provides a strategic location in the heart of the Fifth Settlement. This provides all business owners with an opportunity to manage their projects from the heart of New Cairo. The City Hall Mall New Cairo is located on the last land in the northern investor's area, branching from the Mohamed Naguib axis. Next to City Hall Mall New Cairo you will find:

• Aljazi
• Waterway
• Garden 8
• Riverwalk

City Hall Mall New Cairo land area and its architectural design come as a strong attraction. The project extends over an area of 16,000 square meters and has a corner with two facades, each of which is 320 square meters. City Hall Mall consists of 6 interconnected buildings, each building consists of a ground floor and two other floors. The area of one floor is 6400 square meters.

City Hall Mall New Cairo unit types

City Hall Mall New Cairo specializes in administrative and commercial units. The ground floor and the first floor have been allocated to the commercial units, while the administrative units are on the second floor. The commercial units' spaces start from 50 meters. Administrative units start from an average of 40 meters.

The administrative units' spaces vary to allow for all activities such as retail stores, pharmacies, hypermarkets, restaurants, and cafes.

City Hall Mall New Cairo prices

In addition to all the features offered by the City Hall Mall, Fifth Settlement, the prices come to make it an opportunity that you should seriously consider. We will now show you price models, but we always advise you to review the latest prices, as they are subject to change.

• The average price per square meter, commercial, ground floor, ranges from 120,000 to 150,000
• The first floor is commercial, from 65,000 to 85,000
• As for the administrative, the price per square meter starts from 58,000 to 75,000

Serac Real Estate Development also provides installment systems for City Hall Mall, Fifth Settlement, in the form of three systems:

• 10% down payment and installment over 5 years
• When paying a 20% downpayment, the installments will be for 6 years
• 30% down payment and installments up to 7 years

It is worth noting that the project delivery date is within 3 years of contracting.

Follow all the news of City Hall Mall, Fifth Settlement, through Inland, and call us directly at this number 01003366453 to answer all your questions. Through our website, you can also find out about the latest projects and the latest news from real estate developers in Egypt.