The Residence New Cairo compound is one of the latest projects launched by Salam Properties Development, established in one of the most prestigious areas of New Cairo across a total area of 11.5 feddans. The project was executed by the renowned engineering consultancy office led by Dr. Mohamed Hafez, making it one of the most distinguished and luxurious residential compounds.
Salam Development is one of the leading real estate development companies in Egypt. Founded in 1999, the company has delivered a wide range of high-quality residential, commercial, and touristic projects. Among its notable developments is SPD Mall in New Cairo.
The Residence Salam New Cairo is ideally located in the Fifth Settlement, just minutes away from the Golden Square area. It sits precisely between North and South 90th Street, east of the Lotus District and Platinum Club, and close to Royal Sporting Club and the American University in Cairo. The project also offers direct access to the Ring Road and the 90th Axis.
The Residence SPD New Project offers a variety of residential units, including studios, one- to three-bedroom apartments, and penthouses, with a wide range of areas catering to different preferences. Units are delivered either fully finished or semi-finished according to the client’s preference.
One of the most attractive features of The Residence Compound New Cairo is its competitive pricing. Fully finished units start at EGP 120,000 per square meter, while semi-finished units start at EGP 80,000 per square meter. The project offers flexible payment plans starting with a 10% down payment and installment plans extending up to 12 years, with a refundable reservation deposit of EGP 50,000.
For more details and pricing information about The Residence SPD New Cairo, continue reading the rest of the article.
The Residence New Cairo Compound Location
The Residence New Cairo Compound is located east of the Lotus District and Platinum Club, precisely between North and South 90th Street. The project’s strategic location ensures easy access to major roads and highways, allowing residents to reach it in no time. It is also surrounded by vital areas and essential services that support a modern lifestyle.
The Residence New Cairo enjoys a prime location that provides residents with effortless access to the city’s key destinations, offering both comfort and convenience.
The Residence New Cairo Top Nearby Locations and Roads
The location of The Residence New Cairo is close to the 90th Axis and the Ring Road, and only minutes away from the Golden Square area. The project is also near many key landmarks and major roads, including:
- The American University in Cairo: The Residence by Salam Properties is just minutes from AUC.
- Platinum Club: The compound is only a few minutes away from Platinum Club.
- 90th Street: the residence spd is located minutes from both North and South 90th Street.
- Lotus District: The project is close to the Lotus District, one of New Cairo’s most renowned residential areas.
- Golden Square: The Residence by Salam New Compound is just a few minutes from the Golden Square area.
- Royal Sporting Club: The compound is located minutes from Royal Sporting Club.
- 90th Axis: The Residence Compound can be accessed via the 90th Axis.
- Ring Road: The project is in close proximity to the Ring Road.
- Cairo-Suez Road: Cairo International Airport can be reached from the project via the Cairo-Suez Road.
The Residence Compound SPD offers an ideal setting that combines comfort with accessibility, making it an exceptional choice for those seeking a comprehensive lifestyle.
The Residence Compound SPD
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The Residence New Cairo Area
The Residence New Cairo spans a total area of 11.5 feddans. This generous space accommodates all resident needs in one integrated community, eliminating the need to step outside. Salam Properties has seamlessly combined a range of residential options with essential and recreational services, green landscapes, and natural views. The space is allocated as follows:
- Built-up Area: The The Residence Compound has a built-up ratio of approximately 20% of the total project area.
- Green Areas and Landscaping: The remaining 80% is dedicated to green spaces, landscaping, and water features.
The Residence SPD offers a well-planned residential experience that ensures privacy, open spaces, and seamless movement across units and facilities.
Unit Types
SPD Development has ensured to provide a variety of residential styles within The Residence New Cairo, designed to suit refined tastes with elegant views of green spaces and landscaping that offer comfort and relaxation. The types of units available are as follows:
- One to three-bedroom apartments.
- Studios.
- Penthouses.
The Residence Compound offers a comprehensive range of residential solutions that cater to various tastes, with intelligent space distribution that ensures maximum comfort and privacy.
The Residence Compound Unit Sizes
Unit sizes at The Residence Compound vary, starting from smaller sizes with one-bedroom units to larger ones, catering to the needs and desires of all clients and their families. The project, developed by Salam Properties, is limited to residential apartments, studios, and penthouses within residential buildings spaced apart to ensure complete privacy for the residents.
The Residence New Cairo Compound offers ideal variety in designs and sizes, making it suitable for different family needs, providing each client with the perfect option for a comfortable and balanced lifestyle.
The Residence
The Residence New Cairo Compound Prices
Prices at The Residence New Cairo Compound start from 80,000 EGP per meter. The project developer has ensured to offer the lowest meter price in New Cairo compounds, giving clients and investors the opportunity to own a luxury unit for residential or investment purposes at an extremely competitive price. The key price details for the units in the project are as follows:
- Price per meter for semi-finished units: The price for the semi-finished units at The Residence SPD Project ranges from 80,000 EGP to 90,000 EGP.
- Price per meter for fully finished units: The price for fully finished units in the compound starts from 120,000 EGP and reaches up to 150,000 EGP.
The prices of The Residence New Cairo reflect the true value of the features it offers, combining high quality with promising investment opportunities to meet the aspirations of those seeking luxury and stability.
The Residence New Cairo Booking and Payment Systems
Salam Properties has introduced a variety of flexible payment systems within The Residence New Cairo Compound, starting with a 10% down payment and installment options up to 12 years, along with many other systems designed to allow clients and investors to own a luxury unit with innovative designs and modern technologies through extended payment plans. These payment systems are as follows:
- First system: 10% down payment, with installments over 6 years, and a 15% discount on the unit price.
- Second system: 10% down payment, with installments over 7 years, and a 10% discount.
- Third system: 10% down payment, with installments over 6 years, and a 5% discount.
- Fourth system: 10% down payment, with installments over 9 years.
- Fifth system: 12% down payment, with installments over 10 years.
- Sixth system: 15% down payment, with 5% payment after one year, and the remainder over 11 years.
- Seventh system: 20% down payment, with 5% payment after one year, and the remainder over 12 years.
- Eighth system: 35% discount for cash payment.
- Booking commitment: A refundable booking fee of 50,000 EGP, starting from May 2, 2025.
- Maintenance fees: 8% of the unit value for maintenance fees.
The payment systems at The Residence New Cairo Compound offer great flexibility, allowing clients to choose the best plan for them, making it easier and more convenient to own a residential unit.
Finishing Standards and Delivery Date
Units in The Residence Compound by Salam Properties are delivered with either a full finishing or semi-finishing, according to the client’s preference. The units will feature marble entrances and glass facades that allow natural light, with high-quality materials. The units will be handed over as agreed upon with the client at the time of contracting.
The Residence SPD Compound
The Residence Salam Properties Design
The design of The Residence New Cairo Compound features a modern architectural style that combines elegance with functionality. The project was executed according to the highest engineering standards, with SPD ensuring a balance between green spaces and residential buildings to create a comfortable and attractive environment for residents.
The Residence Project Master Plan
The planning of The Residence project includes a smart distribution of units that guarantees privacy and tranquility throughout the compound, with attention to the following elements:
- Elegant external facades with modern finishes.
- Wide internal streets and pedestrian pathways.
- Balanced distribution between gardens and residential units.
- Interior designs for units that maximize the use of space.
- Integration of sustainable elements and smart utilities in the overall plan.
The design of The Residence New Cairo reflects a comprehensive engineering vision aimed at creating a modern residential community that combines comfort, beauty, and intelligent space planning.
The Residence SPD Compound The Engineering Consultant
SPD Property has relied on the expertise of top engineering consultants for the implementation and design of The Residence Compound. The company collaborated with the office of Engineer Dr. Mohamed Hafez, one of the most renowned engineering consultants globally, with an extensive portfolio of real estate projects that have achieved remarkable successes.
The Residence New Cairo Compound Services and Facilities
One of the standout features of The Residence Compound is its integration of all modern services and facilities that provide a contemporary lifestyle. The project includes both essential and recreational services, all implemented with the latest technologies and advanced methods, in line with sustainability standards and environmental preservation. Some of the most notable services include:
- DoubleTree by Hilton Hotel: Salam Properties project includes a luxurious hotel under the global Hilton Hotels chain, offering exceptional hotel services to clients and visitors.
- Shopping Center: The project includes a large shopping center with numerous stores offering high-end global brands.
- Restaurants and Cafes: The Residence Compound features a dining and cafe complex offering a variety of international and Arabic cuisines and beverages.
- Medical Center: The compound includes a fully equipped medical center covering all specialties with the latest medical equipment to ensure the health of residents.
- Administrative Center: The Residence New Cairo Compound contains an administrative center with multiple office spaces of varying sizes to suit all business needs.
- Car Parking: A parking garage is provided under each building in The Residence to avoid congestion and ensure smooth traffic in front of residential units.
- Exercise Tracks: The project includes designated tracks for jogging, cycling, and walking in open spaces for fitness enthusiasts.
- Security Systems: All necessary security systems have been provided within The Residence SPD, including surveillance cameras, electronic gates, and a trained security team for 24-hour protection.
- Health Club: The project features a fully equipped health club, including gym equipment, a spa, jacuzzi, sauna, and more.
The Residence Compound SPD offers a comprehensive set of services and amenities that meet the daily needs of residents, enhancing their comfort and luxury lifestyle.
The Residence New Cairo Compound
About Salam Development SPD Property
Salam Development is the company behind the development of The Residence New Cairo Compound, with a significant investment and in collaboration with major engineering consulting firms and design companies. Their goal is to create a fully integrated residential community that offers a wide range of housing options and complete services.
SPD Property Development Company was established in 1999 by Engineer Walid El-Deb, and is considered one of the leading contributors to urban development in Egypt. The company began its journey in the cement industry, supplying to both government agencies and private sectors, which helped it gain extensive experience in real estate, making it one of the best real estate development companies in Egypt.
Salam Properties Previous Projects
Salam Properties has launched a diverse portfolio of successful real estate projects that achieved high sales rates and earned the trust of both clients and investors. Some of its most notable projects include:
- SPD Mall, New Cairo.
- Beit El Mansoura New Compound.
- La Vida Mall, New Mansoura.
- Moria Mall, New Damietta.
- Joy Club Project, New Damietta.
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The Residence New Cairo Compound Advantages of Investing
The Residence New Cairo offers numerous exclusive advantages that provide investors and business owners with significant profits in a short time. The project features elements that guarantee successful real estate investment and assured long-term returns. Some of the key investment benefits are as follows:
- Prime Location: The The Residence Compound is ideally located near the key landmarks of New Cairo, with easy access to the 90th Street and the Ring Road.
- Variety of Housing Options: The project offers a variety of housing units, including apartments, penthouses, and studios, with varying sizes to suit all groups.
- Innovative Designs: The Residence features elegant designs that combine European and classic styles with simplicity in every detail.
- Competitive Prices: Salam Properties has offered project units at highly competitive prices, which are rarely found in any other residential compound in New Cairo.
- Flexible Payment Systems: The Residence Compound offers flexible payment systems, with installment periods extending up to 12 years.
Investing in The Residence New Cairo Compound presents a promising opportunity due to its prime location and modern design, making it an attractive option for those seeking stable investment value and a prosperous future.
The Residence New Cairo Project
The Residence Salam Properties Project Price Analysis
The Residence Salam Properties offers competitive prices that reflect the true value of the project, with integrated services and a prime location. The developer has carefully balanced the price with quality and luxury, making it a unique investment opportunity. This balance between price and value has made it the focus of attention for many looking for smart housing and investment options.
Nearby Projects in New Cairo
The New Cairo Fifth Settlement area is known for its prime location and integrated services, in addition to being home to many promising real estate projects offering various types of units with competitive prices and payment systems. Some of the most notable projects include:
- Stone Park New Cairo
- Mountain View iCity New Cairo
- Mountain View Hyde Park
- Helio Park Mountain View New Cairo
The Residence New Cairo Disadvantages
The Residence New Cairo has been meticulously developed to meet the expectations of its residents, making any noticeable disadvantages almost non-existent. The developer took great care to avoid any weaknesses by providing everything residents need in one location. This distinction further enhances the project’s reputation as one of the best residential options in the area.
For inquiries, please contact the sales team of The Residence New Cairo at: 01554999269.
