Scenes New Cairo
(0 Properties)- Delivery Date 2028
Park Central, The developer Hassan Allam unveiled the latest project a luxurious residential compound in one of Cairo’s newest cities, Al Mostakbal.
One of the leading developers in the region, Hassan Allam, has announced the latest luxury residential project in one of Cairo’s newest cities, Al Mostakbal, naming it Park Central.
Does the name ring a bell?
Although you might confuse it with Central Park in New York, known for its stunning landscapes, or the century-old Park Central Hotel in Manhattan, they definitely share some similarities. How so?
However, they definitely share things in common, how is that? Let’s find out below:
Hassan Allam’s team of engineers and architects have set another marker in Al Mostakbal City. The project in question, Park Central comes after the big success of its neighboring residential compounds: The Valleys, and HAPTown.
The residential compound, Park Central is near to the Administrative Capital. Feel free to think of a residence that stretches almost 300 acres, mostly indulged in uninterrupted natural landscapes.
Moreover, Park Central should be delivered in 2028. It consists of apartments of varying sizes, and villas, to suit solo livers, and small and even bigger families looking for a luxurious residence in New Cairo, with prices starting at 5 million for a 70-meter apartment.
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For more information about Park Central Al Mostakbal, please read the full article.
Learn More About Compound RED Al Mostakbal by Cornerstone Developments
In case you have not been to Al Mostakbal before. It’s a 5,200-fedan city that’s relatively new. Neighboring the administrative capital. You could spot it on the Cairo-Suez road between 45km and 51 km in East Cairo.
It's true that Hassan Allam is a leading developer, with several other developers in the city. Yet, Al Mostakbal happens to be majorly developed by Al Mostakbal Urban Developments. And given its newness, the city is known to be a smart and green city that’s big enough to be home to 1 million people.
So, if you’re living in Park Central, what key destinations will be most nearer to you? Let’s have a look below:
A drone POV of Park Central shows the compound consisting of clusters of buildings, with each cluster of buildings surrounded by a 1.5-acre garden and an oval-shaped pool. It’s really like a hotel stay but in Cairo!
The compound has 2 phases: each spanning around 140 acres, with 285 in total. The good news here is that only a small portion of this vast area is to be constructed, the rest is amenities, landscapes, gardens, and pools!
Inside Park Central, you’ll find a Central Park—a clever nod from Hassan Allam. This 15-acre garden serves as a miniature version of New York’s famous park, nestled right in the heart of the residence.
Furthermore, nearly 60% of the units in Park Central are apartments, while the remaining 40% are villas. Both types offer a wide variety, with each building featuring a maximum of 5 floors. We’ll explore this further below.
Now that we formed a picture of the compound at large, what else is there to expect?
The answer is plenty. Because the developer has indeed thought in depth about the way in which the compound could serve and facilitate the lives of residents on a daily.
The most attractive of those facilities are the gardens and ponds scattered all over. In fact, those glistering water ponds you see in the pictures along with the garden span 90 acres of land.
You could be thinking, are there any nearby shopping centers in Park Central? Well, Hassan Allam also planned this through and is providing retail and entertainment centers inside the compound to satisfy day-to-day shopping sprees without the need to take a drive outside. This is namely, the Promenade and Central Plaza.
Aside from shopping, the facilities and amenities of the Park include outdoor gyms, a clubhouse, kid areas, kiosks for food and beverages, and of course 24/7 security at the gates.
Other facilities include at the compound include:
As mentioned earlier, the compound offers both apartments and villas. In this section, we’ll dive deeper into the sizes, varieties, and features included in each type of unit.
One Bedroom Apartments
Two-Bedroom Apartments
Three-bedroom Apartments
These are more suitable for bigger families, the sizes of the 2-bedroom apartments range from 142-208 sqm. They offer a more relaxed distribution and structure. Although each apartment size differs from the other, and each on could be located on a different floor; however, they all share similar structures. Below are the additional things to be expected at this unit size:
Last but not least, there are duplexes, the largest units in size.
Park Central Duplexes
There are two size ranges from the duplexes 253 and 275 sqm. Since it’s a much more spacious residence, you could aim higher with expectations because this unit type kind of has it all. Duplexes, unlike the previous 3-bedroom apartments, consist of 2 floors.
Additionally, there are two kinds of duplexes. The first type is the ground & first floor, while the second type is quite elevated from the ground, situated on the second and third floors.
Only when you think there are enough gardens in the compound, the duplex with a ground floor enjoy a view of a 127 sqm garden! That’s a private space for you and your family to get creative.
Park Central Penthouses
Penthouses in Park Central are the best of the two worlds, because they start from 75 sqm, and could be as big as 237 sqm, all varying in number of bedrooms, adding to their excellent panoramic view.
Now that we’ve reviewed extensively the types of units, their sizes, and the inclusions of each unit. It’s about time to reveal the financial aspect, the pricing, and payment plans. Below is a simplified overview of the pricing of Park Central:
The booking fee of Park Central is 200,000 Egyptian pounds. Moreover, the developer Hassan Allam provides a payment plan that entails a 5% downpayment, proceeded by another 5% after 3 months from the first payment.
You could pay the remainder in installment plans that stretch up to 10 years. Here, it's crucial to mention that the project is promised to be finalized in late 2028.
After uncovering the nitty gritty, let’s state the facts about why deciding on Park Central to be your next residential upgrade because it is one!
Where we stand, Park Central's most unique point is the visual and sensory experience it provides for the residents all days of the year. This is simply because plenty of other residential compounds one raised the bar too high.
The designs of buildings are exceptionally minimalistic. They foster neutral colors, and cubist shapes that are hardly disturbing to the eyes. This architectural futurism is easily mingled with the natural landscape that consists of water ponds and gardens.
Secondly, Park Central is made to please all tastes, including yours. This is evident in the diverse selection of unit sizes and locations. It’s very easy to find a unit that suits your needs and the size of your family.
Lastly, and that’s my personal favorite is the quality of life that Park Central promises. It not only introduces sensory tranquility from the business and crowdedness of the main cities of Cairo, but it also acts like a haven for small and like-minded communities that share the same activities, and breathe the same fresh air.
It gets easier to plan a morning jog, followed by a cool down at the pool, and an evening BBQ, where life couldn’t get any nearer to perfection.
The name of Hassan Allam has made a place for itself in the field of real estate in Egypt and beyond. It’s the developer behind the biggest projects in the country like Swan Lake in Ras Hikma and Gouna, Park View, and Little Venice Ain Sokhna, to name a few.
As a matter of fact, Park Central is definitely not their first project in Mostakbal. Just near the Park, there are HAPTown and The Valleys.
Get your Dream Home with Inland
Project Name | Park Central Al Mostakbal. |
Project Location | It’s located in Al Mostakbal City. |
Project Payment Plan | installments over 10 years. |
Project Unit Types | Apartments-Penthouses - duplexes. |
Project Prices | Start from 5,800,000 EGP. |
Developer Name | Hassan Allam. |
Park Central is certainly a promising idea that’s already been put into motion. If you’re tempted by now, then it’s probably a good time to give our team a call to answer all your questions about this project.
Give us a call here:01003366453
Hassan Allam Real Estate Holding Company was established in 1936 by Engineer Hassan Mohamed Allam, and it is one of the largest companies in the private sector in Egypt. , Electrical and mechanical switch delivery solutions, and building investment projects. Read more