- Grand Residence is a luxury residential compound located in New Cairo, Egypt. It is developed by Sodic, one of the largest real estate developers in Egypt.

- The compound sits on 134 acres and includes 26 buildings with various apartment types ranging from studios to 5-bedroom penthouses.

- Amenities in the compound include landscaped gardens, swimming pools, a club house, gym, restaurants, mall, school and a medical clinic.

- The apartments feature high-end finishes and fittings including marble flooring, branded kitchen appliances, air conditioning and private parking spaces.

- Prices of apartments in Grand Residence range from around $80,000 for a studio to over $500,000 for a 5-bed penthouse. The compound targets upper-middle income and high-net-worth individuals looking for a luxury lifestyle in New Cairo.

- New Cairo is a new satellite city east of Cairo, developed to tackle overpopulation and congestion in Cairo. It has many residential compounds, universities, shopping malls and other amenities. Grand Residence positions itself as a premier luxury option within New Cairo.

- The article mentions that despite some challenges in Egypt's real estate market, premium residential compounds like Grand Residence continue to attract interest from buyers due to limited supply and the lifestyle they offer.

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