JD Holding Group for Real Estate Development has announced the launch of the first phase of its latest project, LONDON, located on the Royal Coast of Alamein, Invest-Gate reports.
The project, with an investment exceeding EGP 4 bn, follows the company’s previous successes in New Cairo and the Administrative Capital.
Spanning approximately 20 feddans, the LONDON project is set to become a landmark and year-round destination in Alamein, serving North Coast residents and the recently opened universities. The strategic location at kilometer 86 is minutes away from Alamein Airport, Marina, and Alamein Towers, with easy access from various roads and close proximity to essential commercial, tourist, and recreational landmarks.
JD Holding’s first phase of the LONDON project offers around 800 units, ranging from studios to three-bedroom apartments, with sizes between 45 and 130 sqm. The project covers approximately 80,000 sqm, with 80% dedicated to water features, services, and green spaces.
It will be a mixed-use development, providing comprehensive amenities including healthcare, educational facilities, commercial spaces, a club, sports fields, and public service areas.
The total investment for the first phase is estimated at EGP 4 bn. Since LONDON is JD Holding’s inaugural project in Alamein, the company has focused on meticulous details.
The development team, in collaboration with renowned consultancy ARTLINE, aims to deliver a world-class real estate product with superior design, infrastructure, luxury, privacy, and security.
JD Holding’s Chairman Ahmed El-Eter stated that the LONDON project represents a significant challenge in the company’s expansion and investment growth strategy. This plan has been in the works for several years and is being actively pursued following the company’s remarkable success in New Cairo and the Administrative Capital, where projects achieved record sales quickly.
El-Eter emphasized that the launch is based on global investment studies and extraordinary client demand for a coastal site. The positive reception of JD Holding’s previous projects has heightened client expectations, driving the group to ensure the highest standards of quality and detail in the new location.
The first phase is set for delivery within three years, featuring modern technology in all aspects of the project, from entry gates to utilities and surveillance systems. The development will also include a car-free walking and jogging track, enhancing the luxury experience for residents.
