Egyptian real estate developer Palm Hills Developments (PHD) is launching new sales and reservations in Palm Valley Mall and Palm Central in West Cairo, Invest-Gate reports.
The commercial projects’ new sales reached EGP 470 mn since launch in April 2017, the company says in a press release.
Expected to be completed during 2019, Palm Valley Mall recorded new sales of EGP 360 mn, with selling prices ranging between EGP 55,000 and EGP 120,000 per square meter.
Formerly known as Office 8 Commercial Building, Palm Central is scheduled for completion in 2018. A total of 67% of its available space was sold out, recording new sales of EGP 110 mn at an average selling price of EGP 38,000 per sqm.