All details about booking housing apartments for all Egyptians 5

The Ministry of Housing, represented by the Social Housing Fund, is preparing to release the new advertisement for new housing apartments for low-income people, housing for all Egyptians.

Residential apartment spaces for all Egyptians 2023

Dr. Walid Abbas Vice President of the New Urban Communities Authority, explained that the areas of housing apartments for all Egyptians in 2023, which will be offered during next October, will range between 75 and 90 meters.

Apartment prices for all Egyptians 2023 

The Assistant Minister of Housing indicated that the prices of housing apartments for all Egyptians in 2023 will range between 350,000 and 450,000 pounds, explaining that prices vary based on the levels of excellence and the city in which the unit is offered.

Conditions for booking housing apartments for all Egyptians 5

1- The applicant must not be less than 21 years old.

2- The applicant must not be more than 51 years old.

3- The age of pensioners must not exceed a maximum of 75 years.

4- The applicant must not have benefited from the state’s offers before, whether residential units or plots of land.

5- Provide proof of receiving a salary of no less than 2,700 pounds and no more than 7,000 pounds, whether you are single or married.

6- Submitting a residence document in proportion to the units available in the nearest new city, whether residence or workplace.

Documents required to reserve housing apartments for all Egyptians 5

1- A copy of the national ID card of the applicant and his spouse (valid).

2- Submit a marriage certificate.

3- A birth certificate is also provided, if available.

4- It also submits documents proving income, and the net income is the net monthly income of the applicant for reservation.

5- If the applicants are required to submit details of the wife’s salary, and if they are not affected, a declaration stating that is submitted.

6- Payment will be delivered to the applicant for the reservation and registration fees obtained at the time of payment in the mail.

7- Any documents related to additional sources of income must also be submitted.

Places to offer housing apartments for all Egyptians 5

1- In New 6th of October City.

2- In 15 May City.

3- In New Obour City.

4- Badr City.

5- Capital Gardens City.

6- In Sadat City

7-New Burj Al Arab City.

8- New Fayoum City.

9- New Beni Suef City.

10- New Sohag City.

11- New Assiut City.

12- New Akhmim city.

13- New Qena City.

14- New Aswan City.

Housing apartment prices for all Egyptians 5 

Prices of housing apartments for all Egyptians 5 range between 350 thousand pounds and 450 thousand pounds, as prices are determined according to each city.

The advance reservation for the housing unit in housing apartments for all Egyptians 5 ranges between 25 thousand pounds and 30 thousand pounds.

The premium varies according to the income and age of the person who gets the apartment, and starts from approximately 1,100 pounds and reaches 2,500 pounds.

10% of the value of the residential unit is paid in the event of a serious reservation and the receipt payment.

The interest rate on the real estate financing loan for residential apartments for all Egyptians 5 does not exceed 3%.