Egyptian developer Hassan Allam Properties (HAP) has successfully launched its 460-acre SwanLake Residences (SLR) in New Cairo, in continuation of its exponential growth and land bank expansion during 2018, Invest-Gate reports.

SLR’s first launched neighborhood is The Scarlet, which was “sold out in less than five days, confirming Egyptian market buoyant appetite,” according to the company’s statement on September 26.

“Accordingly, HAP is introducing SLR’s second in line neighborhood/sub-project, The Giselle, soon to capitalize on such great momentum,” the statement added.

Strategically located in Cairo’s prestigious east side in close proximity to many prime destinations, SLR promises a ritzy lifestyle with its very own eclectic Rodeo Drive – a 1.3-kilometer promenade boasting handpicked eateries, signature restaurants, and retail luxuries.

“While on the upper floors of the lively promenade, strategically located premium office spaces offer the perfect setting for business growth,” the statement noted.

In SLR’s twelve exclusive gated neighborhoods, residents will relish fitness-inspired surroundings where leading international landscape architecture Cracknell’s lush terrains occupy 50% of the total land area.

Additionally, the gated community encompasses an 80,000-square-meter sports club which brings sports academies to ground where children, adults, and seniors can unleash their potential.

“Thanks to business partners CallisonRTKL, Mimar Group, and KH Studio for having the fabric of such integrated development comes to fruition,” HAP concluded.