Global Pioneer is currently implementing Pioneer Plaza Mall , and it is an excellent investment opportunity. It is situated in the New Administrative Capital, one of Egypt's most important cities today due to the presence of government institutions and other vital locations.
Pioneer Mall New Capital Location
The Pioneer Plaza mall's entire façade overlooks a number of major streets.
Pioneer Plaza mall is located in a very privileged location within the New Administrative Capital, which has recently become one of Egypt's most important cities due to its privileged location, as it is the focal point between the capital Cairo and the Suez Road, which ends at the port of Suez, one of the world's most important ports. The following are examples of the site's benefits:
Pioneer Plaza Mall is located in MU 23, specifically plot A10, one of the most important areas in the Administrative Capital due to its proximity to the gold market and Al Amal Axis.
=Pioneer Plaza Shopping Center New Capital is located near the financial and business districts, ensuring high demand and a large number of customers in the area.
The R2 and R3 residential districts are located in MU 23, which is one of the most densely populated areas in the Administrative Capital, with up to 30,000 residential units in total.
Pioneer Plaza mall is close to many important landmarks, including the Monorail station and Sports City, which will host a number of championships by 2023.
Pioneer Mall is also close to the Olympic Village and directly across from the Canadian University gate.
Located at the start of the Al Amal Axis, it is very close to the Mohammed bin Zayed Axis, which connects the Administrative Capital to the Suez Road.
According to Pioneer New Capital, MU 23, where the mall is located, is one of the first residential areas to be completed, with many residential units already implemented and delivered to customers, making this location a valuable investment opportunity.
Available Spaces in Pioneer Plaza New Capital
The project was given a large amount of space, estimated at 5,330 acres, with a total investment of 750 million EGP.
The Pioneer Plaza mall has a ground floor and seven upper floors. It has a large number of units of various types and sizes, including commercial, medical, and administrative units, which are divided as follows:
In Pioneer Plaza Mall New Capital, two underground floors are reserved for customer parking.
Restaurants and cafés are located on the ground floor, which is approximately five meters high.
Inside Pioneer Plaza, the first floor is fully equipped to be a massive medical center with all disciplines.
The second and third floors are completely finished medical clinics.
Administrative units are located on the fourth, fifth, and sixth floors and are also delivered fully finished to customers.
Finally, the seventh and final floor contains a variety of units, including employee break rooms, administrative offices, and a large conference hall.
It is worth noting that the unit spaces in Pioneer Plaza Mall New Capital are diverse, starting at 65 square meters. Customers can select a larger space for their units to meet their business needs.
Units Prices in Pioneer Plaza
Pioneer Plaza mall has a variety of spaces starting at 60 square meters, and all units come fully furnished, including air conditioning and other accessories. Despite all of these advantages, the prices listed below are very reasonable and competitive:
In Pioneer, the price per square meter for medical and administrative units ranges from 32,000 EGP to 40,000 EGP.
The price per square meter for commercial units starts at 60,000 EGP and can reach 90,000 EGP.
Payment Systems
In exchange for owning a unit in Pioneer Plaza Mall, the company has provided simple payment systems. The payment schedule is as follows:
When signing the contract, the customer makes a 10% down payment on the total unit price.
The second payment is 5% of the total price and is due six months after the contract is signed.
The remainder is then paid in equal monthly installments over a five-year period.
Pioneer Plaza Mall is still under construction, but some of its units are expected to be delivered by the end of December 2022, with the remainder of the units arriving in late December 2023 with full finishes.
Owner Company Portfolio
The mall is owned by Global Pioneer, an Emirati company with headquarters in Abu Dhabi.
It is one of the most important investment firms, having begun operations in Egypt in 2015 with the establishment of Bank of Egypt in Sheikh Zayed City. Since then, it has worked with the Urban Communities Authority to complete a number of large projects in the 5th Settlement area.
Plaza Mall construction began in 2022, and it is expected to be completed by 2023.
A massive budget of 750 million EGP has been set aside for the entire project's construction.
cairo/new-capital-city
2 years ago
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