Who is the developer of Sun Capital compound?

The company that owns Sun Capital 6 October is Arabia Group

Semi finished apartment 175m for sale in Sun Capital 6 October

Reference: NS 103954

EGP 3,054,605

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 3,054,605

Semi finished apartment 175m for sale in Sun Capital 6 October

Reference:

NS 103954

Price:

EGP 3,054,605 Installment

Price / Sqm:

EGP 17,454 Per Sqm

Finishing Status:

Semi Finished

Area:

175 sqm

Bedrooms:

Bathrooms:

View:

Landscape View

Year Built:

2023

Listed:

Thu 11 May 2023

About Sun Capital 6 October

3 Bedrooms Apartment for Sale in Sun Capital 6 October By Arabia Group - Delivery Year 2023

Sun Capital is a newly developed city situated on the outskirts of Cairo, Egypt. The city was designed by Saudi Arabian investors, boasting a total of 7,000 acres, which is only about 2.6% of Cairo's total land area. Sun Capital has been labeled as one of the largest real estate projects in the country.

Construction of the city began in 2015, with a budget of approximately $2.7 billion. The goal is to create a city that is self-sustainable, with all the necessary amenities such as hospitals, schools, and shopping malls - everything that the residents of Sun Capital would need to lead a comfortable life.

The city's infrastructure is capable of accommodating up to 130,000 people. It has over 40 neighborhoods each consisting of around 500 to 700 units, and a range of sizes for the properties starting from 100 square meters. Over 60% of the 7,000 acres is reserved for green areas, making it the first 'eco-friendly' city in Egypt, with a variety of plants, shrubs and trees lining the streets, parks and avenues.

One of the attractive features of Sun Capital is the variety of services and facilities that are available to its residents, such as clubs, pools, cafes, and restaurants. One important factor that sets it apart from other cities in Egypt is the ability for residents to access the internet via fiber-optic infrastructure.

However, Sun Capital has faced a number of problems and criticisms, one of the main problems being its location, as it is currently outside the city limits of Cairo. Although the city was expected to be a beacon of innovation and the future of urbanization in Egypt, at the moment, it has limited access to public transportation, making it difficult for residents to commute. As a result, Sun Capital appears to be an attractive option only for upper-class families or those with private transportation.

Moreover, critics believe that Sun Capital is only accessible to a limited segment of Egyptian society, leaving out the majority of the country's population. Some claim that, given the current economic situation in the country, only a small percentage of Egyptians can afford to live in a city like Sun Capital.

Despite these challenges, Sun Capital appears to be functioning successfully. The site has strong potential to become an economic and tourism hub for the surrounding area. The city has already caught the attention of many investors, with capital from the Saudi Arabia-based Fawaz Alhokair Group playings a significant role in the city's development.

Overall, the future of the Sun Capital project remains largely dependent on the economic and social development of the country as a whole. If the country continues to invest in infrastructure, transportation, and other services, Sun Capital will likely become a sought-after destination to live and visit.

MLS Realty
+201200070979