The Residence New Cairo | Prices, Units & Payment Plans

The Residence New Cairo is one of the residential projects developed by SPD Property Development in New Cairo, offering a variety of residential units with different spaces and designs to suit various needs. The project combines a strategic location with modern architectural designs and a wide range of services.

The Residence New Cairo enjoys a strategic location in the heart of Fifth Settlement, close to major roads and important destinations such as the American University, Ring Road, Ain Sokhna Road, and Suez Road. This location provides residents with convenient access to different areas of Cairo and New Cairo.

The project extends over approximately 11.5 acres and includes studios, apartments, and penthouses, in addition to hotel units at DoubleTree by Hilton. The development also features landscaped areas, a crystal lagoon, commercial areas, sports facilities, entertainment spaces, and various services designed to provide residents with an integrated lifestyle.

The Residence New Cairo Location

The Residence New Cairo enjoys a strategic location in the heart of Fifth Settlement, providing residents with convenient access to several major roads, axes, and important destinations.

The project is located close to North and South Teseen Streets, which are among the major roads serving New Cairo. It is also near the Ring Road and Mohamed Gamal Abdel Nasser Axis, making movement to different areas easier.

The location of The Residence New Cairo also provides proximity to several important destinations, including the American University, Golden Square, Lotus District, and Lavender District.

The project is also close to Ain Sokhna Road and Suez Road, while the New Cairo Monorail station is only a few minutes away according to the provided information.

Nearby Areas and Landmarks to The Residence New Cairo

The Residence New Cairo is surrounded by several important roads, residential areas, commercial destinations, and landmarks, including:

• North and South Teseen Streets.
• Ring Road.
• Mohamed Gamal Abdel Nasser Axis.
• Ain Sokhna Road.
• Suez Road.
• American University.
• New Cairo Monorail.
• Golden Square.
• Lotus District.
• Lavender District.
• Platinum Sports Club.
• Point 90 Mall.
• Concord Plaza.
• Cairo International Airport.
• Future City.
• Madinaty.
• New Administrative Capital.

This strategic location provides residents with convenient access to different destinations while remaining close to major transportation routes.

The Residence New Cairo Unit Types

The Residence New Cairo offers several residential unit types designed to accommodate different preferences and family requirements.

The available unit types include:

• Studios.
• Apartments.
• Penthouses.

The apartments are available in different configurations, including units with one, two, and three bedrooms.

The project also includes hotel units located within DoubleTree by Hilton, providing an additional type of accommodation within the development.

The variety of units allows buyers to choose between different layouts and spaces depending on their needs.

The Residence New Cairo Unit Spaces

The Residence New Cairo offers different unit spaces starting from 50 square meters.

The available spaces mentioned in the provided information include:

• Studios starting from 50 square meters.
• Apartments starting from 82 square meters.
• Penthouses starting from 123 square meters.

The project also includes apartments with different bedroom configurations, ranging from one-bedroom units to apartments with two or three bedrooms.

The variety in spaces allows customers to choose a unit according to their preferred size, layout, and requirements.

The Residence New Cairo Prices

The Residence New Cairo prices start from 4,162,628 EGP, according to the provided information.

Prices vary depending on the unit type, size, design, and other purchasing details. The source also indicates that price packages are not stable and may change according to market developments.

The starting price mentioned for the project is:

4,162,628 EGP

An example of an available unit is a one-bedroom apartment with a space of 50 square meters, offered with a 7% down payment and installments over 9 years.

Since the provided source states that prices are subject to change, buyers should verify the current price and available units before making a purchase decision.

The Residence New Cairo Payment Plans

The Residence New Cairo offers a payment system designed to provide buyers with flexible installment options.

According to the provided information, the payment plan includes:

• 7% down payment.
• Installment period of up to 9 years.
• The remaining amount is paid in equal installments.
• The installments are offered without interest according to the source.

This payment system provides buyers with an extended period to pay the remaining value of the unit after paying the initial down payment.

The final payment schedule may vary according to the selected unit and the available sales package.

The Residence New Cairo Design

The Residence New Cairo was designed with a focus on combining modern architectural elements with European-inspired designs.

The project features residential buildings with carefully designed exterior facades and interior layouts. The source highlights the use of high-quality construction materials and designs intended to provide safety and comfort for residents.

The master plan also incorporates landscaped areas and a crystal lagoon, creating open views for many of the residential units.

The project was designed to facilitate movement throughout the development, including easier accessibility for people with disabilities.

The combination of green landscapes, water features, residential buildings, and open spaces creates a balanced environment within the compound.

The development also includes commercial, recreational, and sports areas to support the different daily needs of residents.

The Residence New Cairo Facilities and Services

The Residence New Cairo offers a variety of facilities and services designed to provide residents with a convenient and comfortable lifestyle.

The main services and facilities include:

• 24-hour security and guarding services.
• Modern surveillance cameras.
• Electronic gates with private access codes.
• A large shopping area.
• A sports club.
• Sports fields.
• Swimming pools.
• Medical services.
• Pharmacies.
• A medical hospital.
• Spa facilities.
• A fully equipped gym.
• Restaurants and cafes.
• Firefighting systems.
• Electricity generation systems.
• Maintenance services.
• Cleaning services.
• Cycling tracks.
• Running tracks.
• Large landscaped areas.
• Areas suitable for barbecues.
• Yoga areas.
• A spacious parking garage.
• Kids’ area.
• International nursery.
• Facilities designed to support people with disabilities.

The project also includes landscaped areas and a crystal lagoon that contribute to the overall outdoor environment.

Developer of The Residence New Cairo

The Residence New Cairo is developed by SPD Property Development, also known as Al Salam for Real Estate Development.

The company was established in 1999 and, according to the provided source, operates across several fields, including real estate development, industry, and cement trading.

SPD Property Development focuses on developing residential and investment projects and providing different types of services and facilities within its developments.

The company has developed several projects in different locations, with The Residence New Cairo representing one of its residential developments in New Cairo.

Developer Projects of The Residence New Cairo

SPD Property Development has developed several projects in addition to The Residence New Cairo.

The projects mentioned in the provided source include:

• SPD Business Complex New Cairo.
• Moria Mall New Damietta.
• La Vida Mall New Mansoura.

These projects cover different real estate uses, including commercial and mixed-use developments.

Advantages and Disadvantages of The Residence New Cairo

Advantages of The Residence New Cairo

The Residence New Cairo offers several features based on its location, unit variety, design, and available services.

Some of the main advantages include:

• Strategic location in Fifth Settlement.
• Proximity to North and South Teseen Streets.
• Easy access to the Ring Road.
• Close to Mohamed Gamal Abdel Nasser Axis.
• Proximity to Ain Sokhna Road and Suez Road.
• Close to the American University.
• Different residential unit types.
• Studios starting from 50 square meters.
• Apartments starting from 82 square meters.
• Penthouses starting from 123 square meters.
• Landscaped areas.
• Crystal lagoon.
• Sports facilities.
• Swimming pools.
• Shopping area.
• Restaurants and cafes.
• Medical services.
• Kids’ area and nursery.
• Security and surveillance systems.
• Cycling and running tracks.
• Parking facilities.
• 7% down payment.
• Installment period of up to 9 years.

Disadvantages of The Residence New Cairo

The provided source does not mention a specific disadvantage of The Residence New Cairo.

Therefore, there is no clearly stated negative point that can be identified based on the available information.

Is The Residence New Cairo a Good Investment Opportunity?

The Residence New Cairo can be evaluated as a real estate project based on several factors mentioned in the provided information, including its location, unit variety, services, and payment system.

The project is located in Fifth Settlement and is close to several major roads and destinations, including Teseen Streets, the Ring Road, Ain Sokhna Road, Suez Road, and the American University.

Another factor is the variety of residential units. The Residence New Cairo includes studios, apartments, and penthouses, with apartments available in one-, two-, and three-bedroom configurations.

The project also provides several services and facilities, including shopping areas, sports facilities, swimming pools, medical services, restaurants, cafes, landscaped areas, a crystal lagoon, children’s facilities, and security services.

From a payment perspective, the project offers a 7% down payment with the remaining amount payable over up to 9 years without interest according to the provided source.

The project therefore combines a strategic location, different residential options, multiple services, and an extended payment period, which are among the factors that buyers can consider when evaluating the project according to their own requirements.