Mountain View Delivers 1,300 Units; “Science of Happiness” Goes International

Mountain View Delivers 1,300 Units; “Science of Happiness” Goes International

Mountain View announces delivering 1,300 units across five different projects during the last year. “i-City New Cairo” headed the projects’ deliverables with 700 units delivery, followed by “Chillout Park” with 250 units delivery, Mountain View’s “Ras El Hekma” in the North Coast with 200 units delivery, while “i-City 6th of October” witnessed the delivery of 90 units and 60 units were delivered in “October Park” Project, Invest-Gate reports.

With EGP 20bn sales volume in 2021, the company is one of the leading real estate companies in Egypt in terms of sales, leveraging the company’s ability to develop innovative projects with state-of-the-art designs and applying the “Science of Happiness”.

Mountain View also achieved the highest unit sales volume in its history; selling 5,500 units of its residential and administrative projects in East and West Greater Cairo. The New Phase of “i-City New Cairo” project “Lagoon Beach Park” took the lion’s share of 2021 total sales with 24% (about EGP 4.75bn), despite being launched only last August, the project achieved the highest sales volume for any real estate project in New Cairo in the last quarter of 2021.

“Mountain View is keen to continue its development plan for the Egyptian real estate sector. We also committed towards the Egyptian economy to pump billions-worth of investments, and fulfill the high demand on real estate by adopting the state’s ambitious plan for the sector and developing new urban communities,” Amr Soliman, Founder and Chairman of Mountain View, says.

Mountain View won various awards in 2021 for applying the “Science of Happiness” in its projects and the work environment, the most distinguished of them is the Tony Hsieh Award in its first edition, which was held in Las Vegas in the USA, becoming the first Egyptian company in the Middle East to get this award.

On an international level, Mountain View was featured in the best-selling book in Wall Street, the USA “Beyond Happiness” which dedicated an entire chapter to Mountain View and how it applied the “Science of Happiness” concept.

The company was also the first Egyptian developer to participate in BOMA International Conference and Expo in Boston, USA, which offers exceptional opportunities for professional real estate developers.

This stems from the company’s fruitful international collaborations with the most established entities in the world like “Delivering Happiness,” in order to apply the Science of Happiness in its projects and to increase productivity in the work environment. In terms of design, Mountain View also collaborated with CallisonRTKL one of the most established global engineering and consulting design companies.

As for local partnerships, Mountain View inked a significant partnership with the Ministry of Housing, through New Urban Communities Authority, to implement “i-City New Cairo” project. Prime Minister Mostafa Madbouly along with Assem El Gazzar Minister of Housing inaugurated the 1st phase of the project mid-last year.

Mountain View collaborates with Huawei Technologies Co. to develop the technological infrastructure of i-City Mountain View, and Orange Egypt to provide Triple Play services across its residential projects. The company also contracts with the Intercontinental Hotels Group to manage and operate the hotel apartments in i-City project.

In line with the company’s vision and interest in creating an integrated community and its eagerness to develop future leaders, the company established “MV Club” in i-City New Cairo for all Mountain View’s communities.

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