Sigma Capital

02-02-2026

'Egyptian real estate prices won’t decrease any time soon': real estate developer Hisham Talaat Moustafa

Source: MIST

ahram.org-


Prices in Egypt’s real estate sector won’t be affected negatively by global economic fluctuations, geopolitical conflicts, and soaring gold prices, according to Talaat Moustafa Group (TMG) Chairman Hisham Talaat Moustafa on Amr Adib’s El Hekaya.

Moustafa confirmed that unit prices in Egypt’s real estate sector are increasing and will do so in the near future. He added that high demand and resales have improved the sector's performance as of January 2026, compared to the same month in 2025.

He attributed the improvement to the sector's store of value and development firms' refraining from setting high profit margins (an indication of low risk). He also viewed the high demand for finished and ready-made units as another reason for the improvement.

“The price of a ready-made unit won’t decrease as the alternative for purchasing a new unit today has become much more expensive,” he said.

Moreover, Moustafa noted that the high percentage of youth aged 0-30 (65 percent of the population) and the annual number of marriages (around 1 million) create a demand for at least 8–900,000 housing units over the next 30 years.

A large portion of those will be inexpensive units, he noted, due to purchasing power and average income. By contrast, Moustafa explained, at least 150–200,000 units will be needed annually over the same time period for those who have purchasing power.

Furthermore, the TMG Chairman suggested buying units with almost no interest, since they will become limited in the future. He attributed the future lack of such units to the increase in construction costs for new projects, due to the soaring prices of cement and steel, compared with the current prices.

Rising prices in the sector reflect higher construction material and financing costs rather than speculative excess, with sustained demand from local buyers, Egyptians abroad, and Gulf investors continuing to stimulate the sector.

Industry analysts say Egypt’s property market remains fundamentally sound, as economic stabilization in 2025 after domestic and external shocks has helped improve real estate activity.