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Project Name: Pioneer Plaza.
About The Mall: Pioneer Plaza Mall by Global Pioneer for Housing and Investment is a great opportunity for customers and investors who want to make big profits.
Pioneer Plaza Location: is located in MU 23, specifically in plot A10, one of the most vital areas in the Administrative Capital, as it is located within walking distance of the gold market, and the axis of hope.
Project Space: estimated at 5,330 acres.
Types of units: Units vary from administrative - medical units - commercial units.
Unit Space: Starting from 65 square meters.
Unit prices: starting from 32,000 EGP per square meter.
Owner Company: Global Pioneer for Housing and Investment.
Payment Systems: 10% down payment and installments for up to 5 years.
Everything You Need to Know about Pioneer Plaza Mall New Administrative Capital
Pioneer Plaza Mall is currently being implemented by Global Pioneer for Housing and Investment, and it is a great opportunity for investing. It is located in the New Administrative Capital, which is one of the most important cities in Egypt today, due to the presence of government institutions and other vital locations.
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Pioneer Mall New Capital Location Benefits
The entire façade of Pioneer Plaza mall overlooks a number of main streets.
Pioneer Plaza mall is located in a very privileged location within the New Administrative Capital, which has recently become one of the most important cities in Egypt, due to its privileged location, as it is the focal point between the capital Cairo and the Suez Road, which ends with the port of Suez, one of the most important ports in the world. The advantages of the site are illustrated by the following:
- Pioneer Plaza Mall is located in MU 23, specifically in plot A10, one of the most vital areas in the Administrative Capital, as it is located within walking distance of the gold market, and Al Amal Axis.
- The mall is close to the financial and business district, ensuring high demand and a lot of customers in the vicinity.
- MU 23, where the mall is located, is one of the largest populated areas in the Administrative Capital, as it contains the R2 and R3 residential districts, with up to 30,000 residential units in total.
- Pioneer Plaza mall is close to many important landmarks, most notably the Monorail station and Sports City, which is expected to host a number of championships by 2021.
- It is also a few minutes from the Olympic Village and directly faces the Canadian University gate.
- Located on the starting point of Al Amal Axis, making it very close to the Axis of Mohammed bin Zayed, which is the link between the Administrative Capital and the Suez Road.
- It is worth mentioning that MU 23, where the mall is located, is one of the residential areas to be completed first, with many residential units already implemented and delivered to customers, making this location a valuable investment opportunity.
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Available Spaces in Pioneer Plaza New Capital
A large space was allocated to the project, which is estimated at 5,330 acres, with a total investment of 750 million EGP.
Pioneer Plaza mall consists of a ground floor and seven upper floors. It features a large number of units in different types and spaces, including commercial, medical and administrative units, divided as follows:
- Two underground floors are reserved for customer parking.
- Commercial units, including restaurants and cafés, are located on the ground floor, which is about five meters high.
- The first floor is fully equipped to be a huge medical center with all disciplines.
- The second and third floors are fully equipped medical clinics with a full finishes.
- Administrative units are located on the fourth, fifth and sixth floors, and are also delivered to customers with full finishes.
- Finally, the seventh and final floor includes various units, including break rooms for employees, administrative offices, and a large conference hall.
- It is worth mentioning that the unit spaces in the mall are diverse, starting from 65 square meters. Customers can choose a larger space for their units to meet the needs of their businesses.
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Services and Facilities
The owner company is well aware that integrated services are one of the most important advantages that make the project successful, especially when dealing with customers directly without a real estate agent. The available services are listed below:
- Although a large space was allocated to the mall, only 30% was used for construction. The remaining space is reserved for
- The mall project is supervised by Egyptian, Emirati and Italian management, making it a global venture.
- Pioneer Plaza mall is equipped with a fire protection system (Nafco).
- There is a high-end security system with surveillance cameras installed.
- There's a big hall suitable for corporate meetings.
- 900 square meters on the ground floor are reserved for the food court, which includes many world-renowned restaurants and cafés.
- A kids’ area with plenty of games and entertainment options.
- A film theatre featuring the latest international movies.
- High-tech elevators are available to visitors and employees.
- There’s a large pharmacy located on the ground floor.
- The majority of the project space is reserved for landscape.
- The mall has a beautiful exterior that is inspired from modern European architecture.
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Units Prices in Pioneer Plaza
Pioneer Plaza mall offers a variety of spaces starting from 60 square meters, and all units are delivered with full finishes, including air conditioning and other accessories. Despite all these benefits, you’ll find that the prices below are very reasonable and competitive:
- For medical and administrative units, the price per square meter ranges between 32,000 EGP to 40,000 EGP.
- For commercial units, the price per square meter starts from 60,000 EGP and reaches a maximum of 90,000 EGP.
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The company has provided easy payment systems in exchange for owning a unit in the mall. The payment plan is detailed below:
- When signing the contract, customer provides a down payment valued at 10% of the total unit price.
- The second payment is valued at 5% of the total price, paid six months after the contract date.
- The remaining amount is then paid in equal monthly payments over the course of five years.
- Pioneer Plaza Mall is still under construction, but some of its units are expected to be delivered by the end of December 2020, while the rest of the units will be delivered with a full finishes in late December 2021.
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Owner Company Portfolio
Global Pioneer is the owner of the mall, an Emirati company with its main branch in Abu Dhabi.
It is one of the most important companies in the field of investment, where it started its activity in Egypt since 2015, through the establishment of Bank of Egypt in Sheikh Zayed City. Since then, it has implemented many large projects located in the 5th Settlement area in cooperation with the Urban Communities Authority.
The company started working on Plaza Mall in 2019, and is expected to finish implementing it by 2021.
A huge budget has been allocated for the entire construction of the project, estimated at 750 million EGP.
- Shopping center
- Commercial area
- Health club and Spa
- Water Fountains