Egypt-based Sixth of October Development and Investment Company (SODIC) has released the first phase of apartment buildings in its newest mixed-use development in east Cairo, or “SODIC East,” Invest-Gate reports.

“SODIC’s long-awaited launch comprises low rise five-floor apartment buildings, with open views from every apartment … Floor plans have been designed with over 92% efficiency, maximizing functionality and use of space,” the company highlighted in a press release on October 28.

The latest addition features around 4,000 square meters of green community parks, with buildings connected through pedestrian alleyways, the statement added, noting that units at SODIC East are affordable and “within the reach of young couples and a great opportunity for early adopters.”

“The residential complex is designed to naturally lend itself to outdoor living, fostering a true sense of belonging within the smaller community, whilst benefiting from the large range of amenities offered within the larger development,” the company noted.

Commenting on the release, the company’s CCO Nabil Amasha stated, “SODIC East is planned to be the twin city of SODIC West, SODIC’s flagship project on the west side of Cairo. With over 15,000 residents and thousands of visitors every day, SODIC West is a gateway to a modern progressive lifestyle within a contemporary meticulously planned city – that which has become the hallmark of SODIC.”

With all launched phases under construction, SODIC East has so far sold over EGP 2 bn worth of single single-family homes. Since its kick-off last year, the property developer awarded contracts worth over EGP 1 bn, with EGP 300 mn already paid to contractors.