ODE announces official launch of its first project “O West” in 6th October

Orascom Development Egypt announced the official launch of O West in in 6th October following Following the huge demand and the great appetite that was witnessed on the project’s soft launch in December.

The soft launch phase included 400 units varying from single-family homes, standalone villas, twin and town houses with an average selling price of EGP 22,300 per m2 for core and shell. While, The official launch includes a wide range of apartments, duplexes, penthouses and lofts consisting of 950 units with a total inventory of 3.3 billion Egyptian pounds.

Khaled Bichara, CEO of Orascom Development commented, “I am very pleased with the presales momentum of “O West” which surpassed our expectations and which also strongly reaffirms the Group’s position as the market leader in building fully integrated towns, benefiting from its very strong brand equity, and unique community management experience and premium quality of infrastructure. We remain proud to be the only local developer with solid international experience in building towns that are vibrant and alive in over 7 countries.”