Who is the developer of Noor compound?

The company that owns Noor New Capital is TMG

Noor New Capital prices

Reference: NS 28586

EGP 3,360,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 3,360,000

Noor New Capital prices

Reference:

NS 28586

Type:

Flat+Garden

Price:

EGP 3,360,000 Installment

Price / Sqm:

EGP 27,540 Per Sqm

Finishing Status:

Super Lux

Area:

122 sqm

Bedrooms:

Bathrooms:

View:

Garden

Price:

EGP 3,360,000

Down Payment:

EGP 545,000

Delivery In:

2026

Listed:

Mon 22 May 2023

About Noor New Capital

2 Bedrooms Apartment for Sale in Noor New Capital By TMG - Delivery Year 2026

Possible article:

Egypt's TMG eyes luxury living with Compound Noor in New Capital

TMG, one of Egypt's leading real estate developers, has launched Compound Noor, a premium residential project in the New Administrative Capital (NAC) east of Cairo.

Spread over 30 acres, Compound Noor will feature 1017 units of various types, ranging from apartments to duplexes and villas, designed to cater to different lifestyles and preferences. The units will have sizes ranging from 110 to 470 square meters and will offer private gardens, terraces, and pools, as well as access to common amenities such as clubs, gyms, and green spaces.

According to TMG, Compound Noor aims to provide a luxurious and tranquil living environment that blends modernity with nature, including a central park spanning over 6.5 acres and featuring waterfalls, lakes, and jogging tracks. The project also boasts state-of-the-art infrastructure and safety measures, such as solar-powered streetlights, CCTV, and security gates.

TMG's CEO and Chairman, Hisham Talaat Moustafa, highlighted the uniqueness of Compound Noor in the NAC, which is being developed as a new administrative and financial hub for Egypt. TMG has already delivered several projects in the NAC, including the Four Seasons Hotel and Residences, Al Maqsad, and Park Lane, and is currently developing others such as the City of Odyssia and the Capital Business Park.

"Compound Noor represents a new level of luxury living in the NAC, where residents can enjoy both privacy and community life, surrounded by lush greenery and top-notch services," said Moustafa. "We have created different unit types to suit different demands and budgets, while maintaining a high standard of quality and design."

Moustafa also noted that TMG's projects in the NAC have witnessed high demand from local and foreign investors, thanks to the government's incentives and the potential for capital appreciation and rental yields. The NAC is expected to host about 6.5 million residents and 1.5 million job opportunities by 2052, according to government estimates.

Compound Noor is part of TMG's strategy to diversify its real estate portfolio and expand its presence in the Egyptian market, which has been recovering from the impact of the COVID-19 pandemic and attracting more foreign investment. TMG reported a net profit of EGP 2.2 billion in H1 2021, up by 44% YoY, driven by higher sales and better cost control.

MLS Realty
+201200070979