main_logo

The Best Malls on South Teseen Street

Sep 29

Posted By: Nileestate

blog-image

South Teseen Street is one of the most vital streets in New Cairo (Fifth Settlement), serving as a strategic hub due to its proximity to major roads, making it easily accessible.

This street is home to a distinguished selection of malls, making it an excellent location for commercial and administrative complexes that cater to the needs of residents and visitors.

Here are details on three of the most prominent malls currently located on South Teseen Street:


1. Hyde Park Business District


Developer: Hyde Park Developments, a leading company in the Egyptian real estate market.

Location: Directly on South Teseen Street, positioned next to major residential projects and vital areas in the Fifth Settlement.

Concept & Design: A fully integrated complex designed in collaboration with top architectural experts.

Area: Built on a large area of 25 feddans (acres).

Unit Types & Sizes: Offers Administrative and Commercial Units.

Total Units: Approximately 1,700 units.

Areas: Start from 61 sqm and reach up to 1300 sqm.

Pricing & Payment: Offers competitive prices and flexible payment plans.

Starting Price: 9,500,000 EGP.

Payment Plan: Starts with a 10% down payment and installments over up to 5 years.

Why it's a Top Choice: It is considered one of the largest and best malls on South Teseen Street due to its scale, developer reputation, and strategic location.

2. East Lane Mall New Cairo


Developer: Urbnlanes Developments.

Location: Strategically located near major landmarks in the Fifth Settlement, including:

The American University in Cairo (AUC) and Future University.

About half an hour away from the New Administrative Capital.

Adjacent to key residential compounds.

Design: Designed according to the latest international standards in collaboration with the engineering consultant Raef Fahmy.

Area & Structure: Built on an area of 5,000 sqm, consisting of a Ground Floor and 4 Upper Floors.

Unit Types: Includes Administrative, Commercial, and Medical Units.

Ground Floor: Dedicated to Commercial Units (starting from 55 sqm).

Pricing & Payment

Starting Price: 11,000,000 EGP.

Payment Plan: 10% down payment, with the remaining balance paid over 5 years.

3. South Gate Mall New Cairo
Developer: Invest Well Developments, a major real estate company in Egypt.

Location: Strategically located on South Teseen Street, directly in front of Petrojet.

Design & Structure: Designed with modern, world-class architecture.

Area: Built on a substantial area of approximately 4,700 sqm.

Structure: Consists of a Ground Floor, 4 Upper Floors, and 2 Basement Floors dedicated to customer parking to avoid congestion.

Unit Types & Sizes:

Administrative Units: Starting from 88 sqm.

Commercial Units: Starting from 104 sqm.

Pricing & Payment:

Starting Price: 15,000,000 EGP.

Payment Plan: Flexible plan starting with a 30% down payment, with the remaining balance paid over 36 months in equal installments with no interest.

Investment Advantages on South Teseen Street
Investing in the malls on South Teseen Street is considered a highly successful venture due to several factors:

Prime Units: Malls offer high-quality Administrative, Commercial, and Medical Units with varied sizes to suit different business needs.

Profitable Returns: The continuous appreciation in real estate values in this area ensures profitable investment returns in the long term. You also have the option to rent your unit for a steady monthly income.

Strategic Hub: South Teseen Street is a vital link connecting various vibrant areas in the Fifth Settlement and facilitating quick access to destinations like the American University (AUC), the New Administrative Capital, and the Mohamed Bin Zayed Axis, significantly increasing the investment value.

Key Landmarks on South Teseen Street


The street is a major service and commercial artery, featuring:

  • Banks: Banque Misr, Abu Dhabi Bank, Alexandria Bank, and CIB.
  • Educational Institutions: Includes various language schools, Al-Azhar institutes, and universities like the American University in Cairo (AUC), Future University, and the Canadian University.
  • Major Commercial Centers: Cairo Festival City Mall, Downtown Mall, and 5A Waterway Mall.
  • Residential Compounds: Such as Mivida, Hyde Park, 90 Avenue, and Alkha.
  • Hospitals: The Fifth Settlement area includes medical centers and hospitals offering 24/7 comprehensive health services, such as El-Shefaa Hospital (on North Teseen), the Fifth Settlement General Hospital (near South Teseen Malls), and Al Karma Hospital.

South Teseen Street is not just a commercial location; it is a fully integrated hub that guarantees high foot traffic and excellent services, making the investment in its malls particularly attractive.

0 Comments

Share

Leave Comment

Whatsapp