Contact Developments plans to launch the third phase of the “Quan” project in the New Administrative Capital (NAC) next September, aiming to achieve EGP 500 mn in sales, Invest-Gate reports.

The “Quan” project extends over an area of ​​10,531 sqm in the Central Business District (CBD) and consists of 25 floors with a height of 100 m. It also provides various features and amenities suiting target customers. Besides, the mixed-use project offers commercial, administrative, and medical units, with areas varying between 40- 1,000 sqm.

For his part, Mohamed Youssef, head of the sales department at Contact Developments, reveals that the new phase will be offered with diverse and flexible payment systems, starting with a 10% down payment and installments up to 10 years.

Additionally, Youssef highlights that the project’s phase I has achieved sales of EGP 620 mn after offering it for reservation.

It is worth noting that Contact Developments has contracted with three major consulting offices for planning, implementation, management, and operation, which are MRB, Sabbour Consulting, and Yasser Beltagy Architecture.