El Centro Mall New Capital
El Centro Mall New Capital السنترو مول العاصمة الإدارية الجديدة, developed by Empire State Developments, is an exceptional project situated at the heart of Downtown. It offers a mixed-use concept, combining various types of investment units with diverse services, facilities, and privileges. More importantly, the prices of Mall El Centro and its installment systems are unbeatable.
Location of El Centro Project
Mall El Centro Project is located in the vibrant Downtown area of the New Capital, precisely on Plot MU5-31. This strategic location offers luxurious views of the Central Park and is in proximity to prominent districts such as the Government District and the Financial & Business District. Moreover, El Centro Mall is conveniently situated near major companies.
Places Close to Mall El Centro New Capital
- El Centro Mall is minutes away from the Monorail station and the People’s Square.
- Misr Mosque, oil and insurance companies are extremely close to El Centro New Capital.
- Mall El Centro project is also proximate to prime malls, including Milano Tower, Diamond Tower and others.
- Reaching Capital International Airport takes around 30 minutes’ drive from El Centro Mall Empire State.
- El Centro project features direct views of the Green River and is a few minutes away from Souq Al Dahab.
- It takes a few minutes to reach the Ministries district from Mall El Centro New Capital.
Design of El Centro New Capital
El Centro Mall Empire State features an open view of the Central Park and encompasses a wide range of units for sale, including commercial, medical, administrative, and hotel units. Mall El Centro New Capital consists of 14 upper floors along with the ground floor, intelligently divided as follows:
- Ground, first, and second floors house commercial units and shops.
- From the third to the fourth floor, there are medical units and clinics in El Centro New Capital.
- The fifth to twelfth floors accommodate administrative units and offices.
- The thirteenth and fourteenth floors of El Centro Mall are dedicated to hotel units.
- There is a hydraulic garage, spanning 2 floors and covering the entire project area.
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Area of El Centro Mall Empire State
Empire State Developments’ El Centro Mall New Capital occupies a land area of 5,241 m2. The project has been designed to utilize only 30% of the land for construction, allowing for spacious green areas that provide fresh air and an open view. In addition, diverse spaces of units are offered in Mall El Centro project, and here are the details:
- The space of commercial units in El Centro Mall starts from 26 m2.
- Medical units are available with spaces starting from 21 m2.
- The spaces of administrative units start from 21 m2.
- Hotel apartments are offered with spaces starting from 25 m2 in Mall El Centro New Capital.
El Centro Mall New Capital Prices 2023
Empire State Developments offers a reasonable price per meter of units, including hotel, administrative, commercial, and medical units, in El Centro Mall. Therefore, the total prices have been presented in an affordable manner for those interested to buy units and start their investment journey. The prices of Mall El Centro New Capital are as follows:
- The price per meter of commercial units in El Centro Mall starts from 55,000 EGP.
- Medical units are offered at prices per meter starting from 25,000 EGP in El Centro project.
- The price per meter of administrative units for sale at Mall El Centro starts from 22,000 EGP.
- Hotel units are available at prices per meter starting from 36,000 EGP.
- The total price of units in El Centro Mall New Capital starts from 462,000 EGP.
Installment Systems of Mall El Centro
Empire State Developments has provided flexible payment and installment plans to comfortably book units at El Centro New Capital. The period of installments can extend up to 10 years, facilitating ambitious entrepreneurs and investors. The payment and installment plans of El Centro Mall Empire State are as follows:
- 1% down payment and the remaining amount can be paid in installments over 4 years.
- 10% down payment, with installments over 6 years.
- 15% down payment, and the rest can be paid in installments over 7 years.
- 25% down payment, and the remaining amount can be paid in installments over 9 years.
- 35% down payment, with installments over 10 years.
Return on Investment Payment Systems:
For the first time in the New Capital, Empire State Developments offers multiple payment systems with a return on investment in El Centro Mall. Additionally, there is a mandatory 3-year rent payment. The systems are as follows in Mall Centro New Capital:
- 10% down payment, and the return on investment (ROI) is valid for 4 years, with a 4-year installment
- 10% down payment, the ROI is 20% on the down payment, valid for up to 5 years with a 5-year installment
- 30% down payment, and the ROI is 30% on the down payment, with installments over 6 years.
- 40% down payment, and the ROI is 40%, with a 6-year installment
- If 30% of the total unit value is paid as a mandatory 3-year rent, the annual return on investment is 10%.
Cash Payment Discount and Launch Offer:
- A 30% discount is offered on units at El Centro Mall New Capital when the unit value is paid in cash.
- For those interested in buying a commercial, medical, administrative, or hotel unit during the launch, a 10% discount will be applied.
EOI Plans in Mall El Centro Project:
- An EOI of 20,000 EGP is required for hotel, administrative, and medical units.
- Booking commercial units in El Centro Mall New Capital requires an EOI of 50,000 EGP.
- An EOI of 100,000 EGP is required for booking pharmacies.
Video of El Centro Mall Empire State
Facilities and Services of El Centro Project
Empire State Developments has been keen to provide an integrated experience in Mall El Centro New Capital by offering a variety of essential services and facilities, and thus it is considered a prime mall in the New Capital. Here are the available services in El Centro Mall:
- Separate pathways away from visitor areas are provided to ensure privacy and organization in the mall.
- El Centro New Capital features entertainment areas for children to enjoy playing safely.
- There are multiple parking garages to accommodate a large number of employees, residents, and mall visitors.
- An equipped gym and spa with high-quality international equipment is included in El Centro Mall New Capital for fitness enthusiasts.
- Surveillance cameras and fire alarm systems are added in the mall for extra security.
- In Mall El Centro New Capital, there is 24-hour security office to ensure the highest level of safety.
- The mall is illuminated with clean energy, specifically solar power.
- Panoramic elevators are provided in El Centro Mall Empire State to facilitate movement between floors.
- Mall El Centro project offers centralized air conditioning system and centralized internet service.
- Various cafes and restaurants, offering a wide range of international cuisine, are available in the mall.
- There are diverse commercial shops, selling products from renowned global brands, in El Centro Mall New Capital.
- The mall features a Mosque for prayers and pharmacies for emergencies.
Mall El Centro New Capital Highlights
One of the standout features of El Centro Mall New Capital is its multifunctionality. It boasts an ideal location overlooking vast green spaces and close proximity to essential services, government facilities, and entertainment options. Additionally, Mall El Centro New Capital is conveniently situated near prominent buildings and incorporates various return on investment systems, enhancing its appeal as a massive venture.
Drawbacks of El Centro Mall
The drawbacks of El Centro Mall New Capital lie in the relatively small size of some units, particularly the hotel units. However, Empire State Developments has ensured that the mall encompasses a wide range of unit types and offers an open view of a large green area.
Brochure of Mall El Centro Project
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Empire State Developments, led by Engineer Mahmoud El Sarrag, has been a saga of success in the real estate industry for the past 32 years. It all started with the establishment of Al-Hamd Contracting in 1989 which specializes in electromechanical contracting and has successfully completed over 500 projects across various sectors, including government, administration, commercial, and residential.
For their first project in the New Capital, El Centro Mall New Capital, Empire State Developments has relied on the expertise of Engineer Moharam Bahoum, the project’s engineering consultant, who oversaw the mall’s design. As a result, the design of El Centro Mall has amazed a large number of clients.
Former Projects by Empire State Developments
- Multiple government institutions
- Private and government hospitals
- Several administrative and commercial buildings for government and private sectors
- A large number of oil companies’ buildings
- Several factories in all fields
- Various conference centers
- Suez Canal Authority
- Cairo University, 6th of October branch
- The presidential palace in Ras El-Teen, Alexandria
- National Defense Headquarters at the Ministry of Defense
- Mashiakhet Al Azhar
- Several banks such as Bank of Alexandria and Banque Misr
- Karbalaa International Airport in Iraq
- Several projects related to electromechanical technology in the Champs Elysees and Grand Square