3 Bedrooms Townhouses for Sale in Woodville 6 October By Palm Hills
Woodville is a suburb of Alexandria, Egypt, located approximately 15 kilometers southeast of the city center. On 6 October, a historic event took place in Woodville that changed the course of Egypt's modern history.
On that day in 1981, President Anwar Sadat was assassinated while attending a military parade in Cairo. The assassination was carried out by members of the Egyptian Islamic Jihad, a militant Islamist group.
Following the assassination, the Vice President of Egypt, Hosni Mubarak, was sworn in as President. Mubarak had been serving as Sadat's Vice President since 1975 and had played a key role in the country's political and economic development.
Woodville Home to 290,000 Sq m plot of prime real-estate, Woodville is home to a number of inviting neighborhoods featuring townhomes and stand-alone villas with abundant landscaping encompassing approximately 80% of the project area. 34,000 Sq m has been allocated as a commercial hub to provide residents with fully integrated, self-sufficient community catering for all their needs. Project ID at a glance:
Palm Hills Founded in 2005 by Mansour and Maghraby Investment and Development Company [MMID], the company which is listed on the Egyptian Stock Exchange and London Stock Exchange, traded under the symbols "PHDC.CA" and "PHDC.LI" respectively, was the result of a vision to create self-sufficient and well integrated communities. Presently Palm Hills Developments possesses one of the largest land banks in the country and is rapidly growing into a regional player, thanks to a geographically diversified land bank suitable for the development of a broad range of real estate products all fashioned to cater for customers' need gaps and preferences. Currently, Palm Hills Developments has a portfolio of 26 projects spanning different development stages nationwide, and spreading over 27 million square meters [sqm] in Egypt, including 5 million sqm in which is held for sale in Saudi Arabia. The Company's product offering includes primary homes on both West Cairo and East Cairo, as well as second homes by the Mediterranean Sea [North Coast]. The land bank includes 757,000 sqm of land earmarked for Commercial/Retail developments, with ambitions to have such properties contribute around 25% of the Company's consolidated Net Income by 2020