The Clap
Madinet Nasr Housing announced the launch of the second phase of its “Clubside” project, which itself is part of the bigger “Taj City” project in New Cairo.
What
Clubside will launch over five phases, with the first phase recording EGP 1 billion in sales since it launched a few months ago.
So What
Clubside project sales are considered off-plan sales (property that’s sold before it’s built), which may offer investors an opportunity to buy at a lower price than with construction, but also carries the risk that the project isn’t completed.
Now What
The investment cost for the first & second phases totals EGP 3.6 billion.
