Thndr Claps » EGY Claps » Real Estate 🏡 » Orascom Development’s 2021 Real Estate Sales its Highest-Ever💸
Orascom Development (ORHD) has reported real estate sales of 9.2 billion in 2021, with EGP 3 billion coming in Q4-2021.
More Details🧐 ORHD attributed the jump in sales in Q4-2021 relative to other quarters to increased demands for its units in El Gouna, O West, & Makadi Heights.
Why is this Important🤔 The increased demand not only led to an increase in the number of units sold, but also in the average price per square meter.
The EGP 9.2 billion sales are a 49% year-over-year increase, while Q4-2021 sales rose by 61% compared to the same period the year before.
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