Riverton Compound New Cairo

Riverton Compound New Cairo: the bigger the flat, the metre drops by 34,000

Riverton Compound New Cairo is a project by Mercon Developments on about 25 feddans in New Cairo, in the American University district according to the developer. Booking takes 5% with 8 years to pay. What stands out is that a one-bedroom runs about 113,000 a metre and a three-bedroom about 79,500, a 34,000 gap in favour of the larger flat. This page goes through the types one by one and sets each beside the same type at its 90th Street neighbours.

Riverton prices: the flats

• One-bedrooms: 5,092,200 for 45 m² up to 7,754,600 for 79 m², keys September 2029.
• The two-bedroom, 103 m², at 8,938,564, on the same date.
• Three-bedrooms: 9,701,084 for 122 m² up to 14,474,805 for 189 m², keys March 2029, half a year ahead of everything else.

The project data states no finishing for any type, so ask what the flat is handed over in, since that changes the comparison with neighbours that list theirs.

Two bedrooms or three?

Moving from the 103 m² two-bedroom to the 122 m² three-bedroom adds just some 763,000, which buys a bedroom and 19 m², and the keys arrive half a year sooner. Instalments: about 96,000 for the three-bedroom against 88,500 for the two-bedroom. So the three-bedroom is the clearer sum for most families. Larger three-bedrooms are not marked up either: from 122 to 189 m², each added metre comes to about 71,200, under the average.

The one-bedroom

The small one-bedroom, 45 m² at 5.09 million, has the project's dearest metre. It suits someone entering with the smallest sum: 254,610 down and about 50,400 a month. The largest one-bedroom is 79 m² at 7.75 million, and about 1.18 million more buys the 103 m² two-bedroom. If you are thinking of letting the one-bedroom, weigh the expected rent against its price, as its metre is far above the large flats', so the yield must be higher for the sum to work.

Riverton's three-bedroom keys come first

The three-bedroom, with its earlier date, hands over after about 29 of 96 instalments. By then about a third has gone in, close to 3.3 million on the entry three-bedroom, and some five and a half years of payments continue once you have moved in. The other units hand over six months later, after about 35 instalments, near 40% paid. That matters if you pay rent now, since every earlier month is rent saved.

The townhouses

Four-bedroom townhouses run 263 up to 291 m², priced 24,053,895 to 28,766,913. The three-bedroom townhouse, 262 m², is listed at 27,827,055, roughly 3.8 million over the cheapest four-bedroom of that size. It may be a matter of position or a lake view, so ask before paying that gap for a room fewer. Across the four-bedroom townhouses, 28 more square metres add roughly 4.71 million, so each extra metre runs close to 168,000. Instalments start near 238,000 a month for the cheapest townhouse and run about 275,400 for the three-bedroom one, so the room fewer also costs some 37,000 more a month.

A Riverton townhouse, or Grova East Hills and Eastshire?

• Grova East Hills, a little further at 2.8 km, has a 263 m² townhouse, exactly Riverton's smallest size, but with three bedrooms, close to 34.38 million. So Riverton's townhouse of the same size, with an extra room, is about 10.33 million cheaper, with both due in 2029.
• Eastshire, 1.3 km away, starts townhouses at 166 m² for close to 23.06 million, about the price of Riverton's 263 m² one, so 97 m² less for the same money, though it hands over in June 2027, over two years before Riverton.
• El Patio Town, 1.5 km off, asks 34 million for its entry townhouse, four bedrooms on 235 m², which means 28 m² less than Riverton's for roughly 10 million more, albeit with keys in April 2028 and a seven-year plan.

So Riverton's townhouse has one of the lowest metres on 90th Street by a wide margin, about 91,500 against 130,000 to 145,000 next door. The natural question: does that gap come from finishing, plot size or location? Ask about all three before celebrating it.

Riverton flats, or Azad Views and Begonia?

The three-bedroom metre here (79,500) is below AZAD, 1.4 km away (131,100), and Ninety Avenue (95,600), and above J East and Begonia Residence (about 66,000 each), though both of those are due after Riverton and J East is listed semi-finished.

• Two-bedrooms: Azad Views has a 105 m² two-bedroom near 12.93 million, about 4 million above Riverton's 103 m² one, due January 2028. Begonia has two-bedrooms up to 121 m² at 8.7 million, slightly below Riverton for 18 m² more.
• One-bedroom: Begonia's smallest one-bedroom is 58 m², 13 m² above Riverton's smallest, priced near 4.6 million, about 492,000 less, over 10 years.
• Three-bedrooms: Ninety Avenue from 173 m² near 16.61 million on 30% down, J East from 155 m² near 10.25 million semi-finished.

So Riverton is not the cheapest around in small flats, but in three-bedrooms and townhouses its metre is among the best, with a nearer date than the cheaper ones.

By the month: Riverton beside its neighbours

The metre is not everything; the instalment tells another story in three-bedrooms:

• Riverton, 122 m²: near 96,000 a month over 8 years.
• Begonia, 148 m²: about 73,500 over 10 years, over 22,000 a month less and 26 m² larger, though its keys come seven months after Riverton's.
• J East, 155 m²: near 76,900 over 10 years, semi-finished, due a year and a half after Riverton.
• Ninety Avenue, 173 m²: about 193,800 over 5 years after 30% down, double Riverton's instalment, but handed over in May 2027.

If the instalment decides it, Begonia and J East are lighter. For a balance of a near date and a reasonable instalment, Riverton sits right in the middle.

For the price of Riverton's cheapest townhouse

The 24 million that buys a 263 m² townhouse here buys, 700 m away, a four-bedroom 265 m² penthouse at Midtown New Cairo from about 22.3 million, due December 2026. But there the deposit is 25% and the plan only two years, close to a cash deal. The choice is a penthouse you move into soon and pay off fast, or a townhouse with land that you wait for and spread over 8 years.

The project

Per the developer: a clubhouse, garages, two commercial areas, a hotel, lakes, pools and camera security. Point 90 Mall is 8 minutes away, 90th Street and the Mohamed Naguib axis 10 minutes. Its nearest neighbours by distance are Midtown New Cairo at 700 m, Eastshire at 1.3 km, and AZAD and Azad Views at 1.4 km. Mercon's other work includes VX 90 and Nurai in New Cairo and Pavo Tower in the New Capital.

Torn between two and three bedrooms at Riverton? Message Masharf on WhatsApp, and we'll work out both by the instalment.