palm hills katameya

Palm Hills Katameya 1, commonly known as PK1, is a luxury gated residential community developed by Palm Hills Developments in the Katameya area of New Cairo. Launched in 2006, the project was conceived as the East Cairo counterpart to the developer’s established low-density communities in West Cairo. It occupies approximately 110 acres and primarily features standalone villas, twin houses, and townhouses with spacious layouts, private gardens, landscaped streets, and water features. The compound is positioned near Fifth Settlement, South 90th Street, and the principal road network serving New Cairo. It offers practical access to the American University in Cairo, major commercial districts, and Cairo International Airport. PK1 is an established, delivered community with ready-to-move properties and an active resale and rental market. Commonly reported amenities include a clubhouse, landscaped open spaces, walking areas, controlled entrances, 24-hour security, community management, maintenance services, and private or allocated parking. Observed resale prices during 2026 start at approximately EGP 36 million for selected townhouses. Standalone villas command significantly higher values depending on land size, built-up area, finishing quality, and internal location, with premium properties potentially exceeding EGP 100 million. These figures represent resale-market asking prices rather than original developer launch prices. The compound benefits from a limited supply of large villas in established New Cairo communities and proximity to prestigious developments such as Katameya Heights and Katameya Dunes. However, its high acquisition cost and variations in unit condition and finishing should be assessed carefully before purchase.