Date for opening reservations for social housing apartments in 2023

Date for opening reservations for social housing apartments in 2023
Social housing

Social housing apartments for 2023 are attracting widespread interest from individuals seeking to apply for these housing units.

These concerns come in light of the upcoming announcement No. 18 that will be issued to reserve social housing apartments for the year 2023 in a number of new cities.

 Through this report, we will highlight all the details related to these apartments, from their prices and potential locations, to the documents required to submit applications. Through this report, you will be able to obtain comprehensive information about the chances of obtaining a social housing apartment for the year 2023.

The opening date for booking social housing apartments is 2023

The awaited moment for the opening of reservations for social housing apartments for the year 2023 is approaching, as the Social Housing Fund completes the delivery of housing units associated with previous announcements. It is expected that reservations for social housing apartments will be opened for Announcement No. 18 at the end of this year or at the beginning of the new year 2024. 

Many are eagerly awaiting this date to submit their applications and get the opportunity to own a housing unit under the social housing program. Those wishing to apply are advised to familiarize themselves with the specific details and requirements for this reservation and begin preparing to submit applications in good time.

Social housing apartments for low-income people 2023

The door is now being prepared to open reservations for social housing apartments for the year 2023, which target low-income groups, especially within the framework of Announcement No. 18. According to expectations, social housing apartments for the year 2023 will be available with an area of 75 square meters, with a down payment of 15 thousand pounds for each unit. 

Apartments with an area of 90 square meters will also be available with a down payment of 22 thousand pounds. 10% of the apartment's value will be paid upon delivery, while the rest (90%) of the apartment's price will be paid in installments through the real estate financing system over a maximum period of 30 years. These steps represent a real opportunity for individuals with limited income to benefit from social housing and provide them with a suitable residential environment.

Prices of social housing apartments 2023

Before revealing the launch date of social housing apartments for the year 2023, there is no information available about the prices of these residential units. However, based on the previous offering prices for apartments allocated to low-income people, we can consult some historical data. 

The prices of social housing apartments with an area of 90 square meters recorded about 310 thousand pounds, while the prices of units with an area of 75 square meters recorded about 245 thousand pounds. The prices of social housing apartments for 2023 are expected to range between approximately 360,000 pounds and 400,000 pounds for units with an area of 90 square meters. These figures should be taken as an example only, and actual prices when advertised may vary depending on project, location and other factors.

Locations of social housing apartments 2023

A new list of locations for social housing apartments has been announced in 2023, which will be available in 11 different cities. It includes the following places:

  1. New October.
  2. New transit.
  3. New Cairo.
  4. October Gardens.
  5. Sunrise.
  6. Tenth of Ramadan City.
  7. New Mansoura.
  8. West Qena.
  9. New Damietta.
  10. New Alamein.
  11. Nasser, West Assiut.

Inquiry about social housing apartments

The Ministry of Housing, Utilities and Urban Communities has provided a new way to inquire about social housing apartments for citizens who are applying for them in 2023 using the national number. This can be done online through the following steps:

  1. First, you must visit the Social Housing and Real Estate Finance Support Fund website.
  2. Then click on the Housing Project option located at the top of the main menu.
  3. Write the project number applied for social housing apartments.
  4. Provide the applicant’s details in detail, including full name, national number, place of residence, and job.