Sakan Group Chairman reveals the company’s readiness to launch “Moon Hills 6”

Businessman Tarek Sweed, Chairman of Sakan Group for real estate development, said that after the location, price and payment system were the most influential factors in the decision to buy property, today the client is asking different questions about the nature of the developer, his track record and his ability to manage after the project is delivered, Invest-Gate reports.

He explained that while preparing to launch its latest project “Moon Hills 6”, the company found that this change is no longer just a shift in client behavior, but has become an indication of the market’s maturity, as real estate development is no longer an industry based only on constructing buildings, but rather on building value that lasts for years.

He pointed out that the success of any project is not measured by the high demand on the launch day, but by its ability to maintain quality and value after completion, noting that the market is still measuring real estate by its selling price, which is undoubtedly an important standard, but not the only criterion.

The real value is also shaped by the quality of planning, efficiency of execution, continuity of the developer, quality of maintenance, residential community management, and sustainability of facilities and services, which ultimately determine the true return achieved by the project for its owners and investors.

Extensive Experience and a Future Vision for Sustainable Residential Communities

He assured that this conviction was not based only on theories, but on practical experience extending for more than 15 years, during which Sakan Group carried out more than 95 projects, before moving toward developing the Moon Hills series, which includes Moon Hills 1, Moon Hills 2, Moon Hills 3, Moon Hills 4, and Moon Hills 5, leading to Moon Hills 6, which the company is preparing to launch during the coming period.

He emphasized that each new project represents an opportunity to revisit a question he considers the most important in the development process: How will this project look after ten years?

He added that the answer to this question determines many decisions, starting from selecting the location, through urban planning, building ratios, distribution of open spaces, and even the mechanisms of management and operation after delivery.

He pointed out that recent studies in real estate development and residential community management view the project as an integrated life cycle, beginning before laying the foundation stone and not ending with unit delivery, but extending to preserving asset quality and maximizing its value in the long term, which is the concept adopted by the most mature real estate markets.
Businessman Tarek Sweed assured that the future of the sector will belong to companies that succeed in building trust before building projects, because the client may purchase a unit once, but evaluates the developer throughout the entire lifespan of the project.

He explained that the launch of Moon Hills 6 comes as an extension of a vision adopted by Sakan Group for years, based on the fact that real estate development is not limited to creating new buildings, but begins with understanding people’s needs, continues with maintaining quality of life, and ends with building value capable of lasting over time.