Compound SQ1 New Cairo places just 293 residential units on a plot of 40,000 m², roughly 10 acres, inside the El Choueifat district of New Cairo (Fifth Settlement). That density works out to about 29 units per acre, well under the thousand-unit schemes that fill the same postcode, and it is the single number that shapes everything else about the project. Housing and Development Properties (HDP), the real estate arm of Housing and Development Bank, develops the compound in partnership with Raslan Group.

Entry to the compound opens at EGP 11,331,000 for a one-bedroom apartment on the instalment schedule published for 2026, against a 10% reservation down payment and up to eight years of interest-free instalments. The product line stops at apartments and duplexes, so buyers are evaluating a compact residential address rather than a mixed villa community. Its position minutes from the Mohamed Naguib Axis and the eastern Cairo universities belt is what gives that small unit count a standing rental audience.

Who builds SQ1, and what that backing changes

Housing and Development Properties (HDP) develops the compound as the real estate arm of Housing and Development Bank, an institution active in Egyptian urban development for more than 45 years. That parentage matters commercially rather than cosmetically, because a developer sitting inside a listed bank carries a funding line that newer standalone developers must negotiate project by project. For an off-plan buyer signing an eight-year instalment contract, the financing profile of the counterparty is a risk variable, not a marketing line.

HDP built its portfolio around mid-priced residential schemes rather than the top luxury tier, and two earlier deliveries let a buyer inspect the standard before signing. Talda compound in New Cairo and Terrace compound in Sheikh Zayed are both HDP products a prospective purchaser can visit and read for finishing quality, landscaping upkeep and facility management. Raslan Group joins the developer as a partner on this specific scheme, adding a second balance sheet behind the project.

Execution sits with Consolidated Contractors Company (CCC), a contractor operating across dozens of markets and present in Egypt for over three decades, appointed under a contract valued at roughly EGP 1.7 billion. Naming a tier-one contractor on a 10-acre scheme is a construction-risk signal, since contractor default causes more handover delays in the Egyptian market than developer insolvency does. Archimid Architects was subsequently appointed to oversee the architectural output of the residences.

A 10-acre masterplan engineered around low density

The masterplan spans 40,000 m², equal to about 10 acres, which places SQ1 in the compact compound category rather than among the sprawling communities of New Cairo. Two full acres of that footprint are allocated to green space, water bodies and artificial waterfalls, close to a fifth of the total plot. The remaining land carries the residential buildings and the service cluster, and the arithmetic of 293 units on 10 acres produces the wide setbacks between blocks that a denser scheme cannot offer.

Buildings rise to a ground floor plus five repeated floors, a deliberately low-rise vertical profile that keeps sightlines open across the landscaped spine. Maamar handled the architectural design of the blocks, while Alchemy and designer Mona Hussein were commissioned for the interior layouts and decor packages, working with high-grade construction materials. Named design houses on both the shell and the interiors give the compound a traceable architectural identity instead of an anonymous developer-drawn facade.

Where exactly is Compound SQ1 New Cairo located?

Compound SQ1 New Cairo sits in El Choueifat, one of the quieter and better-connected pockets of the Fifth Settlement. The Mohamed Naguib Axis links it to the rest of New Cairo and onward to the New Administrative Capital, while the Middle Ring Road and the Suez Road open fast exits toward Nasr City and Heliopolis.

El Choueifat was chosen for a reason that shows up in daily life rather than on a brochure map. It is a settled residential pocket already surrounded by operating schools, universities and retail, not a plot still waiting for its services to arrive. Al Rehab City and Madinaty, the two largest residential communities in eastern Cairo, sit alongside it and supply an established layer of shops, clinics and restaurants. That existing fabric is what separates this location from the newer land banks further east.

The education belt around the compound is unusually dense for a single catchment. The American University in Cairo and the German University in Cairo both fall within the near radius, joined by a group of international schools including the Choueifat school the district takes its name from. Retail is covered by upscale destinations in the surrounding area such as Glister Business Mall and Zed Mall, which means routine shopping does not require a drive onto the Ring Road.

Unit types and sizes at SQ1 New Cairo

The unit mix stops at two products: apartments across one, two and three bedrooms, and four-bedroom duplexes for larger households. There are no villas, twin houses or townhouses in the scheme, which narrows the audience to buyers looking for an apartment or a duplex in a serviced mid-market address. The table below sets out each type against its bedroom count, size band and published instalment entry price.

Unit type	Bedrooms	Size (m²)	Instalment price from (EGP)
Apartment	1	72 to 78	11,331,000
Apartment	2	126 to 136	21,735,000
Apartment	3	163 to 174	25,377,000
Duplex	4	240 to 245	40,610,000

One-bedroom apartments run from 72 m² to 78 m² and form the cheapest way into the compound, aimed at single professionals and couples who want a serviced address near the universities. Two-bedroom apartments occupy the 126 m² to 136 m² band, a size that absorbs a small family or a household needing a dedicated home office. Three-bedroom apartments stretch from 163 m² to 174 m² and cover the standard family requirement without moving into duplex pricing.

Duplexes span 240 m² to 245 m² over two levels with four bedrooms, and they are the only unit in the compound offering a split between living and sleeping floors. That layout suits larger families who want villa-style separation inside a low-rise apartment building. Because the duplex count is a small share of 293 total units, resale supply in this size band inside the project stays structurally thin.

SQ1 New Cairo prices and price per meter in 2026

Prices at Compound SQ1 New Cairo start from EGP 11,331,000 for a one-bedroom apartment, with the average instalment price per meter running near EGP 162,000 on the smaller units and about EGP 168,500 on the larger categories, based on the schedule published for 2026. Two-bedroom apartments open at EGP 21,735,000, three-bedroom apartments at EGP 25,377,000, and duplexes at EGP 40,610,000. These figures are updated for 2026 and move with each new release phase and with wider market pricing.

Read against the Fifth Settlement as a whole, that price per meter lands in the competitive band rather than the premium one, and the entry ticket undercuts several neighbouring compounds whose smallest units already clear this level. The published prices are calculated on the instalment plan, so a full cash settlement is a separate negotiation with the developer and normally prices differently. Anyone comparing quotes should confirm which of the two bases a figure refers to before treating it as the market price.

Reservation, down payment and instalment terms

The payment structure is built to lower the first cash hurdle rather than to shorten the tenor. A 10% reservation down payment opens the contract, the balance spreads across up to eight years without interest, and a further 10% falls due at handover. The published terms are summarised below.

Reservation down payment starting at 10% of the total unit value.
Remaining balance payable over up to 8 years with no interest applied.
An additional 10% instalment due on delivery of the unit.
Serious reservation deposit set at EGP 500,000.
Maintenance fee charged at 8% of the unit value.

Stretching the balance across eight years without interest widens the buyer pool to households that could not clear a large single payment, which is the practical reason this plan competes inside El Choueifat. The trade-off is a long contractual commitment during which the unit is not yet delivered. The maintenance charge and the handover instalment therefore belong in the buyer’s budget from day one rather than at the end of the schedule.

Finishing options and the handover window

Units hand over within 3.5 years of contract, and the buyer selects between three finishing levels: fully finished, semi-finished, or core and shell with no finishing at all. That choice is a cost lever as much as a taste one, since taking a unit on core and shell moves a significant slice of the fit-out spend outside the instalment contract and onto the buyer’s own timetable.

A 3.5 year window places these units firmly in off-plan territory, which is the normal position for a Fifth Settlement scheme at launch stage. For an investor that same window is the resale runway, because contracts can typically be assigned before handover as the construction completion ratio rises. That is where much of the early gain in this market is realised.

Amenities and daily services inside the compound

Because the amenity package serves only 293 units, the ratio of facilities to residents runs high compared with projects carrying several thousand homes. The list covers sport, leisure, retail, worship and security, and the intent is a compound that handles routine daily needs without residents leaving the gate.

Multiple swimming pools distributed across the site for training and leisure use.
Two acres of landscaped green space with lakes and artificial waterfalls.
A commercial strip with restaurants and cafés covering daily shopping and dining.
An equipped gym, sports courts, and dedicated running and cycling tracks.
Meditation and yoga zones set apart from the active sports areas.
A large mosque sized for the five daily prayers and Friday prayer on site.
A kids area with safe, age-appropriate play equipment.
Round-the-clock security and guarding with reception services for residents.
Private underground garages plus permanent maintenance and cleaning services.

Who the compound suits, and who should look elsewhere

The buyer profile here is fairly specific. Small families and young professionals wanting an apartment in the Fifth Settlement from around EGP 11 million upward, buyers who prefer a long instalment tenor over a cash settlement, and investors chasing an easily-let unit near the universities all map cleanly onto what SQ1 offers. The bank-backed developer and the named contractor also make the scheme readable for a first-time off-plan buyer who wants fewer unknowns.

It fits poorly for anyone hunting a villa, a townhouse or a large private garden, because the compound is entirely apartments and duplexes on a compact 10-acre plot. Buyers who rank sprawling open landscape above everything else will find the two green acres generous relative to the plot but modest in absolute terms. The developer’s partial answer to that limitation is the wide landscaped separation between blocks, which raises privacy inside a small footprint.

Reading SQ1 New Cairo as an investment

Three facts already stated drive the investment case: a location in El Choueifat ringed by universities, schools and working retail, a capped supply of 293 units, and an entry price sitting in the competitive rather than premium band for its district. Proximity to the American University in Cairo and the German University in Cairo creates a standing tenant base of students, visiting academics and faculty, a demand source that renews annually and does not depend on the compound itself.

On the supply side, a scheme that will never contain more than 293 homes cannot flood its own resale market, which is the structural difference between this project and a phased community releasing new inventory for a decade. Combining a renewing rental audience with a hard cap on internal supply is what allows the compound to be read as an asset and not only as a home. This analysis is guidance drawn from the stated figures and is not investment advice.

Frequently asked questions about SQ1 New Cairo

Where is the SQ1 New Cairo location?

Compound SQ1 New Cairo is located in the El Choueifat district of the Fifth Settlement, close to the Mohamed Naguib Axis, the Middle Ring Road and the Suez Road. Al Rehab City, Madinaty, the American University in Cairo and the German University in Cairo all sit within its immediate radius.

Who is the developer of SQ1 Compound New Cairo?

Compound SQ1 New Cairo is developed by Housing and Development Properties (HDP), the real estate arm of Housing and Development Bank, in partnership with Raslan Group. HDP previously delivered Talda compound in New Cairo and Terrace compound in Sheikh Zayed, and appointed Consolidated Contractors Company to build this scheme.

How large is the SQ1 Compound land area?

Compound SQ1 New Cairo covers 40,000 m², equal to roughly 10 acres, carrying only 293 residential units in buildings of a ground floor plus five repeated floors. Two acres of the plot are given over to green space, lakes and artificial waterfalls, close to a fifth of the total land.

How much are apartments in SQ1 New Cairo?

Apartments at Compound SQ1 New Cairo start from EGP 11,331,000 for one bedroom, EGP 21,735,000 for two bedrooms and EGP 25,377,000 for three bedrooms, while four-bedroom duplexes open at EGP 40,610,000. Prices are updated for 2026 and are calculated on the instalment plan.

When does SQ1 New Cairo deliver, and with what finishing?

Compound SQ1 New Cairo hands over units within 3.5 years of contract, with a choice of fully finished, semi-finished or core and shell delivery. Booking starts at a 10% down payment with instalments running up to eight years interest-free, a 10% payment at handover and an EGP 500,000 reservation deposit.

The bottom line on SQ1 New Cairo

Compound SQ1 New Cairo combines a bank-backed developer, a capped inventory of 293 units on 10 acres in El Choueifat, and an entry price of EGP 11,331,000 against 10% down and eight interest-free years. Apartments from 72 m² and duplexes reaching 245 m² hand over within 3.5 years in the finishing level the buyer selects. It is a mid-budget Fifth Settlement address bought for location and scarcity rather than for scale.

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Compound SQ1 New Cairo

About the Project