Listing Description
Midtown Condo Compound is one of the distinguished residential projects in the New Administrative Capital that Better Home Group offers to its customers after the success of its projects and the satisfaction of all customers in the Midtown Solo project. Midtown Condo will be its third project in the New Capital.
Details of Midtown Condo Administrative Capital Compound
Midtown Condo Compound comes with its own character and unique designs, as it is a compound for residential apartments only, which attracts another type of customers and senior employees in the new capital, especially after the Egyptian government decided to move to it in the middle of next year after finishing its first phase of which is estimated to be 40 thousand acres.
It is planned that the first phase will accommodate the equivalent of 2.5 million people, and it includes eight residential neighborhoods, in addition to the presidential neighborhood, the government district, schools and universities, as well as a sports city and other facilities.
Real Estate Developer of Midtown Condo Complex
The developer of the Midtown Condo Compound is Better Home Group, one of the leading companies in the field of real estate development and construction, was established in 1998.
It is considered as an alliance between many specialists in many real estate and construction fields, namely, the first company specialized in building residential projects, the second specialized in establishing shops, and the third specialized in management.
Previous Works of the Better Home Group
Better Home Group had a previous huge business in October, New Cairo and the New Administrative Capital, and these projects qualified it to be one of the largest investment groups in Egypt and the Middle East. Among the most important works of the company are:
-Midtown Condo Compound
-Midtown Project
-Midtown Solo Sky project in the New Administrative Capital
-Highland Park and Cairo Business Plaza and Midtown in front of the American University in New Cairo
-Midtown New Capital and Cityscape Mall project in the 6th of October City.
Location of Midtown Condo gated community in Administrative Capital
Midtown Condo Compound is strategically located in the heart of the seventh residential district, R7, in the New Capital, near the most prominent landmarks and projects such as the Exhibition City, the Diplomatic Quarter, the Diamond Hotel, the Central Park, the Al-Fattah Al-Alim Mosque, and the Church of Christ, and near the main axes and roads such as the Suez Road and the Ring Road.
The seventh residential neighborhood, R7, is located in the heart of the New Capital on an area of 1500 acres, and it is one of the most prestigious neighborhoods of the New Capital and the most distinctive residential areas of the New Capital, as it includes the best compounds and housing projects in the city in addition to service and commercial facilities, and the neighborhood was divided into 33 plots of land.
Designs of the Midtown Condo Administrative Capital project
It is a residential and commercial project; the residential part consists of 54 buildings consisting of a ground floor and 7 floors, each floor consists of 6 apartments and it is one of the best compounds designated for apartments only in the capital, while the commercial part of the project consists of a mall with the same name and it is one of the most important features that distinguishes the compound from others in the Capital as there is a huge shopping center inside the compound that will save a lot of time and money for residents.
Types of Real Estate Units in Midtown Condo Compound
Better Home designed this Compound to apartments for sale in the New Administrative Capital, as it is a compound dedicated to apartments only and does not have villas. The compound also contains commercial units provided by the owner company as well, and the spaces of commercial and residential units differ according to different tastes, needs and capabilities.
Areas of Midtown Condo New Capital Complex
The areas of residential apartments start from 120 square meters, 170 square meters, 210 square meters and 250 square meters up to 375 square meters, with the possibility of purchasing ground floor units and enjoying the garden or buying the last floor units and enjoying the roof.
As for the commercial units, the space starts from 110 square meters up to 250 square meters, and is designed to suit all commercial and administrative activities, and delivered without finishing.
Services of Midtown Condo Compound
-Wonderful view of all units with privacy
-Variety of designs and spaces
-Great location in the heart of the R7 neighborhood
-Security services at the highest level with a professional staff
-Elevators in all buildings
-A park and green spaces spread throughout the compound
-Party areas
-3 commercial malls and shopping areas
-Children’s areas
-Sport club
-Places for running, walking and cycling
Prices of Units in Midtown Condo Compound
Prices of units start from EGP 1,404,000 to EGP 2,444,000.
Prices of Units Per Square Meter
The prices of units per square meter start from EGP 9,400 to EGP 15,000.
Payment Systems in Midtown Condo Compound
Better Home Group offers its clients a set of facilities that make its project suitable for many segments, as it is a large and pioneering company that succeeded to be the first real estate company to announce a project in the New Capital, and Midtown Condo Compound comes as its third project in the capital to confirm this.
As for residential units: Better Home allows you to pay 5% down-payment and 5% after 3 months with payment facilities in equal quarterly installments over 7 years, or 10% after 3 months and the rest over 7 years in equal installments.
As for the commercial units in Midtown Condo Mall which features a private entrance outside the compound to avoid crowding, it offers spaces starting from 110 square meters suitable for many commercial and administrative activities.
It is possible to pay 10% down-payment and the rest over 6 years in equal installments with a 10% payment as a maintenance deposit, provided that the delivery will be in the middle of 2023.
Housing in the New Administrative Capital
Housing and life in the new administrative capital will be the dream for all those looking for apartments for sale in the coming years, so owning a unit inside the capital is now considered the best investment for the future as well as enjoying all the advantages of the new administrative capital from an infrastructure designed to serve millions of residents and visitors daily, modern means of transportation, and internal and external axes that make traffic congestion unimaginable, in addition to global landmarks such as the Green River, Sports City, the iconic tower, the tallest tower in Africa, the government district, Al-Fattah Al-Aleem Mosque, the Church of Christ, the International Capital Airport, the most luxurious international and local universities, and the largest amusement park in the Middle East.
Advantages of Housing in the New Capital
In addition to the fact that the New Administrative Capital is the largest smart and sustainable city in the Middle East, as it depends entirely on solar energy, methods of sustainability and environmental service, to become the safe place from pollution with the presence of more than a thousand artificial lakes and a public park spread among residential, administrative and commercial complexes, which helps in the sustainability Environment and making it compatible with the standards and regulations of smart cities in the world.
Best Neighborhoods in the New Administrative Capital
The New Administrative Capital project aims to attract about 7 million people in the first phase only. The first phase of the New Administrative Capital project will be built on an area of 10,000 acres.
The government district includes 18 ministerial buildings, a parliament building, a presidential institution building and a cabinet building, and the Ministry of Housing aims to implement 25,000 housing units in the residential district.
The most prominent ministries that will be transferred to the new administrative capital project are housing, health, education, higher education, supply, military production, justice, and endowments, as well as a cabinet building, a parliament building, and a presidential building.
The new administrative capital project will be linked by a railway line with the republic’s railway network, and the electric train project that will connect the tenth of Ramadan city and Belbeis to the administrative capital will be implemented.
