Egypt Palm Hills to launch sales of Waha Compound’s phase I in H1-2018

Egypt’s second largest property developer Palm Hills Developments (PHD) unveils that it expects to launch sales of the first phase of its flagship Waha Compound within the first half of 2018.

Yasseen Mansour, Palm Hills’ chairman, said Tuesday that his company has signed an agreement with the county’s New Urban Communities Authority (NUCA) to develop Waha Compound.

“The project is located in the west of Cairo, on a space of 12.6 million square metres,” Mansour further stated.

Moreover, the Egyptian official added that the government will support Palm Hills to develop the real estate sector and provide new various housing units.