Palm Hills (Photo: courtesy to Palm Hills official website)
CAIRO - 7 June 2017: Leading real estate company Palm Hills Developments achieved total sales worth LE 470 million ($26 million) through Palm Valley Mall and Palm Central, its two recently-launched commercial projects, Youm7 reported Wednesday.
Approximately LE 360 million of the sales came solely from Palm Valley Mall. The prices per square meter in the commercial area range between LE 55,000-120,000.
Located in west Cairo, Palm Valley Mall is expected to be completed in 2019 while Palm Central will be finalized in 2018.
Palm Central, the company’s other anticipated development, is located in 6th of October City, where 66 percent of the project has been sold for LE 110 million. The average price per square meter in the project is LE 38,000.