Market Watch: Insights and Performance Highlights of Egypt’s Real Estate in 2023
If you’re curious about how the performance and trends of Egypt’s real estate market in 2023, the annual edition of the Market Watch report is just here!
You will have a full overview of the market in 2023, know about its trends and prices, and also how it performed. This quick guide is packed with all the data and insights you need; let’s get into the details!
You will have a full overview of the market in 2023, know about its trends and prices, and also how it performed. This quick guide is packed with all the data and insights you need; let’s get into the details!
Market Prospects
In 2023, the number of ongoing projects in the residential and mixed-use real estate sector reached 543 projects worth USD 363 Million. They constitute approximately 49% of the total number of projects and 82% of the total investments.
The private sector developments also showed a domination in the market, contributing to 86% of the total number of ongoing projects till the end of Q4 2023.
Also, the ongoing projects by the private sector had a share of almost 69% of the total investments.
On the governmental side, the ongoing projects till the end of Q4 2023 took place in 13 governorates, while the private sector covered 20 governorates.
Cairo and Giza had the biggest share in the private sector, with 79% of the total investments.
The private sector developments also showed a domination in the market, contributing to 86% of the total number of ongoing projects till the end of Q4 2023.
Also, the ongoing projects by the private sector had a share of almost 69% of the total investments.
On the governmental side, the ongoing projects till the end of Q4 2023 took place in 13 governorates, while the private sector covered 20 governorates.
Cairo and Giza had the biggest share in the private sector, with 79% of the total investments.
