- Castle Landmark is a residential compound developed by Castle Development, a subsidiary of Castle Investments. It is located in the New Capital, a planned city under construction to the east of Cairo.
- The compound spans over 400 acres and includes over 4,000 residential units. It has a mix of standalone villas, twin houses and townhouses in various sizes. The units come with gardens, pools and security features. Prices range from around $200,000 to over $1 million.
- Amenities within the compound include a clubhouse, gym, swimming pools, playgrounds, parks and gardens, walking and cycling tracks and a shopping arcade. There are plans to develop a mall, hospital, schools and a hotel nearby.
- The New Capital's strategic location is about 45 km from central Cairo and 50 km from Cairo International Airport. It is planned to be a smart, sustainable city with a central business district, residential neighborhoods, and all infrastructure and services. The city and Castle Landmark compound aim to attract businesses and residents looking for a new development with a modern lifestyle.
- However, the New Capital city project has faced delays and it is still unclear if the full vision will be realized. The pace of construction and uptake of the compounds will depend on progress with the city. There are also concerns that residential prices may not appreciate in-line with developer projections due to oversupply of new properties around Cairo.
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