SCKYLERS for Real Estate Development has introduced Egypt’s first smart investment payment system, linked directly to construction progress, through its flagship project “OC,” which features premium offices and clinics, Invest-Gate reports.
Mohamed Abdel Fattah, Chief Commercial Officer of SCKYLERS, said the new CLPP system allows clients to pay installments in line with actual construction milestones, ensuring transparency and building trust between developer and customer. He added that the initiative reflects global standards of accountability and underlines the company’s financial strength and commitment to fast-tracked project delivery.
As part of the launch, SCKYLERS signed a cooperation protocol with AXA to provide comprehensive protection against payment default. Under the agreement, AXA will cover installment payments for up to three months annually if clients face health-related emergencies requiring hospitalization. Clients will also receive a complimentary medical check-up at AXA’s One Health clinics upon signing.
Mohamed Abou Alam, Deputy CEO for Commercial Affairs at AXA, described the partnership as a model of innovative collaboration that enhances client confidence in Egypt’s real estate sector.
The OC project, SCKYLERS’ debut in Egypt, is a mixed-use development on the Suez Road featuring administrative offices, retail, leisure, and fully equipped medical spaces. With over 25 years of construction and development expertise, the company aims to deliver an integrated lifestyle destination combining world-class design, flexible payment solutions, and comprehensive services.