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New Obour and New Assiut Apartments: Ministry of Housing Offers 1,180 Fully Finished Residential Units

10:20 PM Monday, December 18, 2023

Books – Muhammad Abdel Nasser:
The Ministry of Housing has begun to present the specifications for New Obour and New Assiut apartments, where there are 1,180 fully finished residential units, distributed in the cities of New Obour and New Assiut, with areas ranging from 63 to 93 square metres.

The units offered will be on a first-come, first-served reservation system through the Housing and Development Bank website www.hdb-reservation.comwhich made the offer terms and conditions brochure, reservation method, locations, spaces, prices, and payment method available through the bank’s website.

1 – New Obour City
New Obour City includes apartments with areas of 89 and 92 square meters, at a price of 7,245 pounds per meter, with a down payment of 60,000 pounds.

The 90-meter apartment was recorded at 684,000 pounds. A 60,000-pound reservation is paid, then the 20% reservation advance is completed, where 87,000 pounds are paid, and then at the time of the contract, 68,000 pounds are paid.

Therefore, the applicant has paid 30% of the apartment price, leaving 70% to be paid over 3 to 7 years. The quarterly installment, if paid over 3 years, will be 58 thousand pounds, and if paid over 5 years, it will be 42 thousand pounds, and over 7 years, it will be 35 thousand pounds.

2- New Assiut City:
In the city of New Assiut, the area is 63 square meters, which is a unified area for all units. The price per square meter was 6520 pounds, with the value of the unit reaching 410 thousand pounds, and the seriousness of the reservation is 50 thousand pounds.

After the allocation, the serious reservation advance of 20% is completed, where 38 thousand pounds are paid, then at the time of receipt, 41 thousand pounds are paid.

Thus, the applicant has paid 30% of the apartment price, leaving 70% to be paid over 3 to 7 years. The quarterly installment, if paid over 3 years, will be 35 thousand pounds, and if paid over 5 years, it will be 25 thousand pounds, and over 7 years, it will be 21 thousand pounds.

We publish the latest pictures of the premium housing apartments for the new offering from the Ministry of Housing:

Read also:
Applications begin today.. We publish the terms and conditions for premium housing and reservations are made on a first-come-first-served basis

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2023-12-18 20:20:00
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