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2026-11-14T00:00:00.000Z

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2027 Property Rise 15–20%

2027 Property Rise 15–20%

Abdullah Salam, CEO of Madinet Masr, expects property prices to rise by 15% to 20% in 2027, following an increase of about 7% in the company’s projects during 2026. He attributed the anticipated rise to inflation and higher construction and financing costs, noting that a 1% interest-rate increase adds to the burden on real estate companies. He said the company limits the impact of fluctuations in building-material prices by purchasing project requirements in advance, including the amount of steel needed for each project.

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