1 Day
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الشورى
CNBC highlights Ayman Amer's crisis strategy
Engineer Aymen Amer, General Manager of Sodic, confirmed that real estate investment is a medium- to long-term investment that offers competitive returns compared to other savings tools, with the value of units increasing as installments are paid. He pointed out that rising unit prices have led companies to extend payment periods to ease the burden on clients, and that construction costs are affected by global economic changes. He explained that the Egyptian real estate market is characterized by the absence of a true housing bubble and that the market should be evaluated based on demand and the value of units, emphasizing the need to balance the interests of developers with the rights of clients to ensure market sustainability. He also highlighted the importance of adhering to the payment of maintenance deposits to preserve the quality of facilities and the market value of units in the long term.
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