Market Watch Q2 2023: Egypt Real Estate Dynamics, Trends, and Investments Prospects
The Market Watch Q2 Report will take you through the details of the real estate market in Egypt during Q2 2023. It will give you insightful information about the new projects that contribute to the sector’s growth and bring new opportunities for you, whether you’re a resident or an investor.
Market Prospects
The residential and mixed-use real estate sector achieved a significant number of ongoing projects with a total number of 534 and worth USD 329,575 million.
These projects represented approximately 50% of the total number of projects and 75% of the total investments.
The governmental development stretches across 13 different governorates, while the private sector’s activity is at 20 governorates.
Cairo and Giza governorates have the highest contribution of almost 80% of the total investment of the private sector.
Owing to the industrial and commercial development in the Suzes Canal areas, the Canal Zone contributed to almost 80% of the total governmental investment in governmental development.
These projects represented approximately 50% of the total number of projects and 75% of the total investments.
The governmental development stretches across 13 different governorates, while the private sector’s activity is at 20 governorates.
Cairo and Giza governorates have the highest contribution of almost 80% of the total investment of the private sector.
Owing to the industrial and commercial development in the Suzes Canal areas, the Canal Zone contributed to almost 80% of the total governmental investment in governmental development.
