Aster New Cairo represents a significant development in the heart of New Cairo, Egypt. As a luxury residential project by Times Developments, it offers a blend of sophistication and modern living in an expansive 34-acre space. With various unit types, including apartments and penthouses, it caters to diverse buyer preferences.
Overview of Aster New Cairo
Aster New Cairo represents a significant addition to the real estate landscape in Egypt, characterized by its modern design and strategic location. The project combines functionality and aesthetics, making it attractive to potential residents.
Developer Profile
Aster New Cairo is developed by Times Development, a reputable company known for innovative residential projects. Times Development has established itself in the Egyptian market, focusing on high-quality living spaces that cater to modern lifestyles. The Aster project’s architectural design and community features apply the company’s commitment to excellence. By prioritizing quality construction and sustainable living, Times Development aims to create vibrant communities that enhance the living experience of their residents.
Location and Accessibility
Located in the Golden Square area of New Cairo, Aster offers excellent accessibility to major roadways and city landmarks. The project sits in the 5th Settlement, known for its premium residential compounds. Proximity to essential services, including shopping centers, schools, and healthcare facilities, ensures convenience for families. Its strategic position allows easy travel to downtown Cairo and surrounding areas, making Aster an ideal choice for residents seeking tranquility and connectivity.
Project Scale and Design
Aster New Cairo spans 35 acres and showcases modern architecture and thoughtful landscaping. The project features various residential units, including apartments and branded residences. Interconnected pedestrian pathways promote outdoor activities like walking, jogging, and biking. The development includes green spaces and water features, enhancing the overall living environment. This design philosophy reflects a commitment to creating a safe and functional community that meets the needs of its residents while providing a pleasant atmosphere.
Residential Options
Aster Residence in New Cairo offers a range of residential choices designed to meet various lifestyle needs. The compound emphasizes modern living with its well-thought-out unit types and spacious layouts.
Aster Residence Details
Aster Residence spans 35 acres, forming a harmonious community. It boasts 82% green spaces, enhancing residents’ quality of life. The architecture reflects modern design principles, providing an aesthetic appeal that resonates with today’s standards. The compound is strategically positioned near essential amenities, ensuring convenience for residents. Security and maintenance are prioritized, fostering a safe environment for families. Accessibility to significant roadways and facilities enhances its desirability as a residential location in New Cairo.
Unit Types and Spaces
Aster Residence features various unit types, including apartments and penthouses. The available flats cater to different family sizes, ensuring ample choices for potential buyers.
Unit TypeSize Range (sqm)
Studios 50 – 70
1-Bedroom 75 – 120
2-Bedroom 120 – 150
Penthouses 200 – 300
The spaces are designed for comfort and functionality, with high-quality finishes and modern amenities. Each unit offers a unique layout and is complemented by panoramic views of the lush green environment, promoting a serene living experience.
Amenities and Facilities
Aster Residence in New Cairo offers a variety of amenities and facilities designed to enhance its residents’ lifestyles. These include leisure and wellness options, safety protocols, and a community-focused environment, all of which contribute to the appeal of this modern compound.
Leisure and Wellness
The compound provides a range of leisure and wellness facilities. Residents can enjoy a swimming pool perfect for relaxation and recreation. The gym has modern fitness machines and classes for various fitness levels. A clubhouse is a social hub featuring spaces for gatherings and community events.
Families will appreciate the kid’s area, which includes safe play equipment and activities suited for children. Surrounding these recreational amenities are green spaces, promoting outdoor activities and providing a serene environment.
Safety and Security
Safety is a top priority at Aster Residence. The compound features 24/7 security personnel who monitor access points to ensure residents’ safety. Advanced surveillance cameras are installed throughout the community.
Controlled access restricts entry to authorized individuals only, enhancing security measures. Emergency protocols are in place, ensuring a quick response to any incidents. Residents may feel at ease knowing that their safety is being actively managed.
Community and Environment
Aster Residence fosters a sense of community among its residents. The design includes green spaces that encourage outdoor gatherings and recreational activities. Walking paths and parks offer a tranquil setting to relax or engage in outdoor sports.
With its location near Lake View, residents can enjoy scenic views and a refreshing atmosphere. Community events hosted in the clubhouse promote interaction among neighbors. The environment is built to encourage a healthy lifestyle while maintaining a close-knit community.
Investment Details
Investors considering Aster New Cairo can benefit from competitive pricing and flexible payment plans. Additionally, the area shows strong potential for property appreciation, making it a promising option for real estate investment.
Pricing and Payment Plans
Aster New Cairo offers various unit types catering to different budgets. Prices typically range from E£6,000,000, depending on the size and location within the compound.
Potential buyers can take advantage of installment options. Common plans include:
- Down Payment: 10% to 20% of the unit price
- Installments: Spread over 5 to 7 years
- Delivery Date: Units are set for delivery within 24 to 36 months from purchase
These flexible payment arrangements make entry into the market more accessible for a broader range of investors.
Potential for Appreciation
The real estate market in New Cairo has shown consistent growth. The development of new infrastructure and amenities contributes to this upward trend. As demand increases, properties in Aster are expected to appreciate significantly.
Several factors influence this potential, including:
- Location: Situated in the Golden Square area, which is a sought-after destination
- Quality of Design: Emphasis on unique, high-quality architectural features enhances property values
- Market Trends: Growing interest from both local and international buyers bolsters the investment appeal
Investing in Aster New Cairo aligns with broader Egyptian real estate market trends and offers promising long-term returns.
Neighborhood and Community
The community surrounding Aster New Cairo offers a blend of accessibility, essential services, and enriching activities. Residents benefit from various amenities and entertainment options while enjoying proximity to cultural landmarks.
Proximity to Essential Services
Aster New Cairo is strategically located near vital services and institutions. The American University in Cairo, a prominent educational institution, is just a short distance away, making it convenient for students and faculty.
Local amenities include supermarkets, pharmacies, and medical facilities that cater to residents’ daily needs. The nearby Golden Square features diverse shopping and dining options, enhancing the living experience.
Access to significant roadways connects residents to the New Administrative Capital, facilitating easier commutes to business centers. This array of essential services ensures that residents enjoy both convenience and comfort daily.
Cultural and Recreational Activities
The area around Aster New Cairo is rich in cultural and recreational opportunities. It is located near several parks and green spaces, promoting outdoor activities and a healthy lifestyle.
Entertainment options abound, from cinemas to shopping malls, creating vibrant social experiences. Local landmarks, including renowned restaurants and cafes, provide excellent dining options for every palate.
Moreover, the proximity to cultural sites enables residents to explore art galleries and museums, enriching their cultural knowledge. This community fosters a dynamic lifestyle, appealing to families and young professionals.
Frequently Asked Questions(FAQs):
What are the property price ranges in Aster New Cairo?
Property prices in Aster New Cairo vary based on unit type and size. Generally, prices can range from mid to high levels, reflecting the compound’s luxury status. Potential buyers should check current listings for the most accurate pricing.
What types of units are available for sale in Aster New Cairo?
Aster New Cairo offers a diverse selection of units, typically including apartments and villas of various sizes. Potential buyers can find options that cater to different lifestyle preferences and family needs.
Can you share any reviews from residents of Aster New Cairo?
Residents of Aster New Cairo often highlight the compound’s luxurious living environment. They appreciate the spacious layouts, modern amenities, and serene surroundings. Feedback typically emphasizes community engagement and the quality of life within the compound.
What facilities and amenities does Aster New Cairo offer to residents?
Aster New Cairo provides numerous facilities for residents’ enjoyment. These include landscaped parks, swimming pools, and dedicated recreational areas. Additional amenities often feature fitness centers and secure access, enhancing the overall living experience.
How does Aster New Cairo compare to other residential compounds in New Cairo?
Aster New Cairo stands out among residential compounds due to its strategic location and modern design. Compared to other properties, it offers a blend of luxury and comfort that appeals to families and professionals alike. Its emphasis on community and amenities further differentiates it from competitors.
What are the present real estate market trends in New Cairo?
The real estate market in New Cairo has shown steady growth. Demand for high-quality housing continues to rise, driven by the area’s development projects and urban expansion. Potential buyers should stay informed about market fluctuations and emerging developments for optimal investment decisions.
