Sakan Group for Real Estate Developments company, is preparing to announce a new expansion plan in the coming period, which includes launching a number of new projects in West Cairo, among a strategy aiming to strengthen the company’s portfolio of residential projects and leveraging its track record of more than 15 years in the Egyptian real estate market.
Eng. Ehab Gamal El-Din, Sakan Group Chairman, said that the company is entering a new phase of growth after successfully building a strong record of achievements since its inception 15 years ago, noting that this record is based on commitment to execution, quality construction, and adherence to delivery scheduled deadlines, which are the pillars that have contributed to establishing client trust and strengthening the company’s position in the market.
He added that the company has successfully completed and delivered 95 projects over the past 15 years, with more than 750 clients receiving their units, which reflects the company’s proven track record of successful project execution and its ability to apply its commitments, which represent a starting point for a more ambitious expansion phase.
He assured that Sakan Group’s entry into Green Belt area based on an early investment vision, as the company had identified years ago the potential for the area to become one of the most important urban and investment developments in West Cairo, supported by its strategic location and extensive road and service networks.
He pointed that this vision has proven its validity with the successive increases in land and property values in the area, which has enhanced its investment appeal and prompted the company to expand its “Moon Hills” projects, explaining that this expansion is based on the company’s conviction that Green Belt represents one of the most prominent real estate growth markets in the current and coming phases.
He added that units offered at limited prices years ago are now witnessing significant increases in their market value, assuring that early investment in Green Belt has yielded strong capital returns for clients, which reflects the soundness of Sakan Group’s vision in expanding into the area from an early stage, before it became one of the most prominent investment destinations in West Cairo.
He added that Sakan Group has successfully implemented a diverse portfolio of residential projects in West Cairo, including “October Gardens”, “Palm Villa”, “Lavida El Bostan”, and “Zayed Heights”, which formed a solid foundation for the company to develop integrated urban communities with their own distinct identity.
He noted that the company then moved to develop its own compounds in Green Belt area, launching “Moon Hills” series of projects, which represent the company’s vision of providing low-density residential communities based on modern urban planning, green areas, and high-quality construction.
He emphasized that the company successfully delivered “Moon Hills 1” and “Moon Hills 2” projects, each located on 5 acres, besides constructions on Moon Hills 3 has exceeded 75%, with delivery targeted for next year, in addition to “Moon Hills 4”, a project located on 11 acres, has reached approximately 35% completion and is scheduled for delivery within two years, and constructions on Moon Hills 5, located on 6-acres, is progressing according to schedule, within a three-year delivery plan.
Eng. Tarek Sweed, Sakan Group Managing Director, said that the company views the next phase as one of strategic expansion, building upon the accumulated experience gained over the past years, emphasizing that the new projects the company is preparing to launch will adhere to Sakan Group’s core philosophy of selecting prime locations, offering contemporary designs, and maintaining a firm commitment to quality execution and on-time delivery.
He pointed that the company’s vision is targeting for Sakan Group to become one of the strongest real estate development companies in Egypt by building residential communities that deliver real value to clients and fostering long-term relationships built on trust and credibility, as this vision is reflected in the company’s success in delivering its projects and its continued expansion year after year.
He assured that the company is currently finalizing its expansion plan, the details of which will be announced soon, as this plan aims to apply the growing demand for premium residential projects in West Cairo and to continue Sakan Group’s growth trajectory, which began more than 15 years ago, based on a proven track record of achievements and a clear vision for the future of real estate development in Egypt.
