The company Al Assema for Construction announced the launch date of its latest exclusive project, which the company has uniquely named as part of the new Administrative Capital, in an unprecedented move. The company will implement the Medical Capital project, and units will be offered for reservation during the first months of the current year. The Brekzi company will be responsible for project marketing and sales. For more information, visit Real Estate Egypt.
The company promised to invest a high value of 350 million pounds to implement the Medical Capital project in several phases. Some construction work worth 100 million pounds was completed during the first quarter of the previous year. Subsequently, Al Asemah for Construction will rely on self-financing for the project.
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Al Asemah for Construction aimed to increase the number of its land plots with a value of 200 million pounds during the current year's investments, especially after its intention to implement the Central Park Compound in the New Administrative Capital, which was established on a relatively large area of about 49 acres within a fully-serviced residential community. It is distinguished by its proximity to the largest green parks in the New Administrative Capital.
The project details were announced after obtaining all ministerial approvals and licensing during the last three months, with an investment value of about 2 billion Egyptian pounds, as the company seeks to have a complete presence and a strong foothold.
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The Medical Capital Mall is located on the Commercial River Axis and the Commercial District, between the R2 and R3 districts.
The Medical Capital project is located at the intersection of Al-Amal Axis and Bin Zayed Axis, specifically in the Mu area number G14 between R2 and R3.
It has a direct facade facing the tallest towers in Africa.
To complete its new offerings, Al Asemah for Construction introduced a diverse range of flexible payment systems that suit the real estate market's requirements and cater to many clients. The company provided several payment plans and repayment periods of up to 7 years.
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The first system: No down payment at all, with the longest installment period of up to 7 years.
The second system: Pay 5% as a down payment, 5% after two years of contracting, 10% upon unit delivery, and settle the remaining amount over 6 years with equal installments and no interest.
The third system: Pay 10% as a down payment, 5% after two years of contracting, 10% upon unit delivery, and settle the remaining amount over 7 years with equal installments and no interest.
Price per Square Meter in Medical Capital Mall in the Administrative Capital
The price per square meter for medical units starts from 30,000 pounds, while the price per square meter for commercial units starts from 80,000 pounds.
– The area of medical clinics and commercial units ranges from 48 square meters, 50 square meters, 65 square meters, and 96 square meters.
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