OIA Compound is a modern residential development in Egypt’s New Capital City. Located in a prime area, it offers apartments ranging from 125 to 223 square meters.
Edge Holding Urban Developments designed the OIA Compound, focusing on green spaces and water features. The layout dedicates 80% of the total area to services and activities, providing residents with a balanced living environment.
Overview of OIA Compound
OIA Compound is a luxurious residential project in Egypt’s New Administrative Capital. Developed by Edge Holding, it offers a blend of modern design and strategic positioning.
Strategic Location and Accessibility
OIA Compound occupies a prime location in the New Administrative Capital. It spans 30 acres and is surrounded by four main roads, enhancing accessibility. The project’s strategic positioning provides residents with convenient access to critical areas of the new city.
Edge Holding selected this location to offer residents both tranquility and connectivity. The compound’s placement allows easy commutes to business districts, educational institutions, and leisure facilities within the New Administrative Capital.
Inspiration Behind the Name ‘OIA’
The name ‘OIA’ draws inspiration from a picturesque Greek island. This choice reflects the developer’s vision of creating an island-like oasis within the urban landscape of the New Administrative Capital.
The concept aims to evoke a sense of serenity and exclusivity. By associating with the Greek island, OIA Compound promises residents a lifestyle that combines Mediterranean charm with modern Egyptian urban living.
Edge Holding’s decision to use this name underscores its commitment to creating a unique identity for the project.
Architectural Design and Landscaping
OIA Compound features a contemporary architectural design. The buildings showcase distinct facades, blending aesthetics with functionality. Residential units range from 125 to 268 square meters, catering to various family sizes and preferences.
The project dedicates 80% of its area to green spaces and water bodies. This extensive landscaping creates a refreshing environment and provides residents with scenic views from their homes.
Edge Holding has incorporated modern amenities and integrated services throughout the compound. These features aim to enhance the quality of life for residents, offering a self-contained community experience within the New Administrative Capital.
Properties and Amenities
OIA Compound offers a diverse range of residential units, top-tier recreational facilities, and comprehensive community services. The development, with thoughtfully designed spaces and premium amenities, caters to various lifestyle preferences.
Types of Units: Specifications and Variety
OIA Compound features apartments ranging from 125 to 223 square meters. These units come in different layouts to accommodate various family sizes and preferences.
The apartments are semi-finished, allowing residents to customize their living spaces. Starting prices are 2,500,000 EGP, with a square meter rate starting at 16,700 EGP.
Unique architectural designs characterize the buildings, ensuring a modern and aesthetically pleasing environment. The compound offers ready-to-move-in options and units available for delivery within one year.
Recreational Facilities for Premium Comfort
OIA Compound prioritizes residents’ well-being with its array of recreational facilities. The development includes meticulously maintained green spaces, providing a refreshing natural environment.
Swimming pools are available for leisure and exercise. These aquatic amenities offer a perfect retreat during hot summer days.
A social club forms the heart of the community, fostering interactions among residents. This facility likely hosts various activities and events, enhancing the social fabric of the compound.
Services Offered Within the Community
The compound provides integrated services to ensure residents’ comfortable and convenient lifestyles. These services aim to meet daily needs without leaving the community.
OIA Compound is designed as a self-contained community with essential amenities readily available. This approach minimizes the need for frequent trips outside the compound.
The development also offers branded hotel apartments, providing a unique investment opportunity. These units come with integrated hotel services, adding a layer of comfort and luxury to the residential experience.
Investment Insights
OIA Compound offers compelling investment opportunities in Egypt’s New Capital City. The project’s strategic location, competitive pricing, and flexible payment options make it attractive for real estate investors.
Market Position and Future Prospects
OIA Compound is a premium residential development in the New Capital City. Its location near major roads enhances its appeal and potential for long-term value appreciation. The project’s completion date of October 2022 indicates it’s a ready-to-move-in property, reducing investment risks associated with delayed construction.
Egypt’s urban development plans focus on the New Capital City, suggesting a robust future demand for quality housing in the area. This positions OIA favorably for capital appreciation and rental income potential.
Understanding the Payment System
Edge Holding offers flexible payment plans for OIA Compound units. Buyers can secure an apartment with a 10% down payment, with the remaining balance spread over up to 6 years. This system makes the investment more accessible to a broader range of buyers.
For some units, the down payment can be as low as 6%, with installments spread over seven years. This extended payment period can help investors manage cash flow while building equity in a promising real estate market.
OIA’s Competitive Edge in the Market
With its unique design and competitive pricing, OIA Compound stands out in the New Capital City real estate market. Apartments range from 125 to 223 square meters, catering to various buyer preferences and investment budgets.
Prices start from 13,099 EGP per square meter, positioning OIA as an attractive mid-range option. The apartments’ semi-finished state allows investors to customize units to their preferences or target market demands.
OIA’s modern architectural design and integrated services add value to the investment, potentially commanding higher resale or rental prices in the future.
Location Highlights
OIA Compound is prime in Egypt’s New Capital City, offering residents exceptional access to critical areas and landmarks. Its strategic location combines convenience with prestige, making it a desirable address.
Proximity to Landmarks and Infrastructure
OIA Compound sits at the heart of the New Capital’s most prestigious district. It’s just minutes from the Presidential Palace, symbolizing the city’s importance. The compound’s location near the South Gate of the New Capital ensures easy entry and exit for residents and visitors.
The nearby Green River project adds a natural touch to the urban landscape. This planned waterway will provide scenic views and recreational opportunities. OIA’s position also grants quick access to major roads and transportation hubs, connecting residents to the rest of the city and beyond.
Access to Central Park and Opera House
Residents of OIA Compound benefit from the New Capital’s Central Park, which is nearby. This vast green space offers a refreshing escape from city life, with walking paths, sports facilities, and relaxation areas.
The Opera House, a cultural landmark, is also within easy reach. This world-class venue will host performances and events, enriching residents’ cultural lives. The nearby shopping districts and entertainment zones further enhance the lifestyle offerings available to OIA inhabitants.
The Importance of the Embassy District
OIA Compound’s location near the Embassy District adds prestige and international flair. This diplomatic hub will house foreign missions and consulates, creating a cosmopolitan atmosphere.
The presence of embassies enhances security and infrastructure in the neighborhood. It also attracts international businesses and services, benefiting residents with diverse amenities and networking opportunities. The Embassy District’s proximity makes OIA an attractive option for diplomats, expatriates, and those seeking a global community.
Development and Construction Progress
Edge Holding is progressing steadily on the OIA Compound in Egypt’s New Capital City. The project combines modern design with sustainable practices and aims for timely delivery to meet homebuyer expectations.
Phases of Development and Quality Assurance
Construction of the OIA Compound is proceeding in carefully planned phases. Edge Holding has implemented rigorous quality control measures throughout the development process.
Regular inspections and third-party audits ensure adherence to international building standards. The developer uses high-grade materials and works with experienced contractors to maintain construction quality.
Edge Holding frequently updates homebuyers on construction milestones. This transparency helps build trust and informs customers of the project’s status.
Sustainable Practices and Environmental Considerations
OIA Compound incorporates several eco-friendly features in its design and construction. Energy-efficient lighting and appliances are standard in all units.
The development includes green spaces and water-saving landscaping. Solar panels on select buildings contribute to reduced energy consumption.
Waste management systems and recycling facilities are integrated into the community plan. These initiatives align with Egypt’s New Capital City project sustainability goals.
Anticipated Delivery Timelines and Future Expansion
Edge Holding has set October 2022 as the target delivery date for the initial phase of the OIA Compound. This timeline may be adjusted based on construction progress and external factors.
The developer plans a phased handover of units to ensure a smooth transition for new residents. Early phases focus on completing essential infrastructure and critical amenities.
Future expansion plans include additional residential units and commercial spaces. Edge Holding aims to create a fully integrated community within the New Capital City framework.
Frequently Asked Questions
Prospective buyers and residents often have inquiries about the OIA Compound in Egypt’s New Capital City. These questions cover various aspects of the development, from pricing to amenities.
What are the latest rental rates in the OIA Compound?
Rental rates in the OIA Compound vary based on unit size and location within the development. As of 2024, monthly rents for a 2-bedroom apartment typically range from 15,000 to 20,000 EGP.
Larger units, such as 3-bedroom apartments, command higher rates, generally between 22,000 and 30,000 EGP monthly.
How do the OIA Compound’s sale prices vary for different property types?
Sale prices in the OIA Compound differ depending on property type and size. Two-bedroom apartments start at approximately 2.5 million EGP.
Three-bedroom units start at 3.2 million EGP. Larger, premium units or those with better views can cost 5 million EGP or more.
Can you provide information on the developer Edge Holding’s projects in the New Capital City?
Edge Holding, the developer behind OIA Compound, has several projects in the New Capital City. Their portfolio includes residential complexes and mixed-use developments.
Notable projects include Avidia Compound and Solas, offering modern living spaces with various amenities.
What are the unique amenities offered in the OIA Compound?
OIA Compound boasts a range of amenities designed for comfortable living, including swimming pools, fitness centers, and landscaped green spaces.
The development also features a clubhouse, children’s play areas, and 24/7 security services. Some units offer smart home technology for enhanced convenience.
How does the OIA Compound fit into the more significant development plan of Egypt’s new administrative capital?
OIA Compound is strategically located within the New Capital City’s residential sector. It aligns with the city’s vision of modern, sustainable urban living.
The compound’s design and amenities complement the broader plan for a bright, eco-friendly city. Its proximity to critical areas enhances its integration into the overall urban fabric.
What public transportation options are available near the OIA Compound?
Public transportation near the OIA Compound is still developing as the New Capital City grows. Currently, bus services connect the area to other parts of the city.
Plans for a monorail system linking the New Capital to Cairo are underway. This will significantly improve connectivity for OIA Compound residents in the future.
