April 29th, 2010 - Cairo, Egypt - As part of its ongoing commitment to offer and provide its residents with integrated, quality communities, Palm Hills Developments (PHD), one of the leading Egyptian real estate companies, launches Palm Hills Katameya Extension, a new residential real estate project in East Cairo and a new phase in Palm Parks, situated in West Cairo. The two launches were announced at the Next Move exhibition in Egypt, from the 28th April - 1st May 2010.
As part of the company's continuous endeavors to provide only the highest services to its clients, buyers will be able to purchase their homes over 7 years.
A prestigious, residential community set on a sprawling 66 Feddans of land in New Cairo, the launch of Palm Hills Katameya Extension comes on the heels of the resounding success of the other PHD communities in New Cairo, namely; Palm Hills Katameya, Village Gardens Katameya, The Village, and The Village Gate.
Spread over 35 Feddans the newly launched phase in Palm Parks follows the resounding sales success of the previous phase. Strategically located in the 6th October Area, off Juhayna Square, it is a mere 15 minutes drive away from PHD's flagship project Palm Hills October and Palm Club, and sister project Village Gardens October.
"The success we witnessed in the sales figures of our East and West Cairo communities clearly indicates that there is still a growing need for quality communities in these areas; with this growing demand in mind, we launched Palm Hills Katameya Extension and a new phase in Palm Parks" said Sherif Seif El Nasr, Senior Vice President, Sales & Marketing, PHD.
Designed, master planned and landscaped by Shehab Mazhar, the foremost Egyptian architect and landscape designer, the homes of Palm Hills Katameya Extension & new phase in Palm Parks will include all the luxury, comfort and space that residents and their families' desire. Furthermore, residents of Palm Hills Katameya Extension will have access to all the amenities and facilities of its sister developments, Palm Hills Katameya and Village Gardens Katemeya.
The homes of Palm Hills Katameya Extension will come in six types: Townhouses, Twin Houses, Villas (2 Types), and Stand-Alones (2 Types). Most types have penthouse and closed roof terrace offering panoramic views of the entire compound. They range in size from 287 square meters to 540 square meters. Land size varies from 250 square meters to 380 square meters.
Palm Parks will offer a range of, apartments with garden, duplexes and penthouse apartments from 110- 220 sqm.
The communities have been cleverly designed in a way so that homes are not clustered together; thus, offering each resident ample space and privacy. The projects has also been landscaped to encompass beautiful gardens and lots of open, green space. And with 24-hour security, children can roam the neighborhood and enjoy nature without risking their safety.
"With several thousand visitors each day and all the players in the Egyptian real estate industry participating, Next Move has become the biggest and most renowned real estate exhibition in Egypt," said Mr. Sherif Seif El Nasr. "As a result of this high visibility, it's not only an exciting opportunity for us at PHD to partake in this exhibition for the second consecutive year, but it's also the ideal platform to launch our two new projects, and showcase our many other PHD projects amongst the other, esteemed real estate companies present," he added.
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© Press Release 2010
