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VX Mall Golden Square by Mercon Developments
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Project details
| Location | The second row of El Nasr Road, in front of Cairo Technological University (CTU) |
|---|---|
| Unit areas | Starting from 30 m² |
| Start Price | 3,200,000 EGP |
| Payment Plan | 5% Down Payment , 8 Years Installments |
| Project Type | Administrative units , Commercial units , Hotel units , Medical units , |
| Developer | Mercon Developments |
| Unit types | clinics , Commercial , Hotel units , offices , pharmacies , |
| Sales number of Mercon Developments | 01117879909 (Click the number to call) |
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VX Golden Square Mall New Cairo stands in the second row of Al-Nasr Road with a facade extending 500 meters directly facing Cairo Technological University, a mixed-use commercial, administrative, medical, and hospitality project developed by Mercon Developments.
What sets VX Golden Square Mall apart is that it isn’t built as a single divided building, but as 7 independent buildings, each separating one activity from another — the ground floor across all seven buildings is fully commercial, while the upper floors are distributed between administrative, medical, and hospitality use.
VX Golden Square Mall unit prices start from EGP 3,200,000 (on installments), with just a 5% down payment upon reservation and a payment period extending up to 8 years, interest-free.
A Detailed Look at VX Golden Square Mall
The developer chose an architectural philosophy for this project different from what’s common in New Cairo malls — instead of one massive block stacking activities on top of each other, the project is distributed across separate buildings divided by walkways and open plazas, giving each activity its own entrance, traffic flow, and independent visual identity.
The planning rests on a simple principle: lower building density in exchange for larger open spaces, with the gaps between buildings improving ventilation and natural light within the units, while every glass facade gets a higher level of visibility from the street.
The developer dedicated the first four buildings to administrative activities with flexible divisions that can be combined or split depending on company size, while a full building was set aside for clinics and medical centers with a total area reaching 13,000 sqm — making the medical sector within the project a self-contained unit rather than scattered floors.
The remaining two buildings are dedicated to serviced hotel apartments, as these units keep the project operating outside official working hours, ensuring steady evening traffic that benefits the restaurants and cafes on the ground floor.
The facades are built on a reflective glass system with calculated shading ratios that reduce heat load within the units, alongside green spaces and landscaping between the blocks, turning the gaps between buildings into usable pedestrian paths instead of dead space.
VX Mall relies on fourth-generation infrastructure including smart building management systems, automatic entry gates, and electricity, water, and internet networks designed to accommodate high operational loads — elements that serve medical and administrative activities that can’t tolerate service interruptions.
The project’s management and operation are handled by a specialized company under contract with the developer, with responsibilities including routine maintenance, security, cleaning, and organizing visitor traffic — preserving the unit’s value and rental return long-term while reducing the owner’s operational burden.
VX Golden Square Mall New Cairo Details Table
| Detail | Information |
|---|---|
| Project Name | VX Golden Square Mall |
| Developer | Mercon Developments |
| Location | Second row from Al-Nasr Road, facing Cairo Technological University (CTU) |
| Total Area | 8 acres, equivalent to 33,600 sqm |
| Frontage | 500 meters directly facing Cairo Technological University |
| Number of Buildings | 7 independent buildings |
| Number of Floors | Ground + 4 repeated floors (G+4) per building |
| Building Distribution | 4 administrative buildings / 2 hospitality buildings / 1 medical building spanning 13,000 sqm — the ground floor is fully commercial in all buildings |
| Unit Types | Retail stores — Administrative offices — Medical clinics — Pharmacies — Serviced hotel apartments |
| Unit Areas | From 30 sqm to 159 sqm |
| Prices Starting From | EGP 3,200,000 |
| Price per Sqm | From EGP 95,000/sqm to EGP 252,000/sqm |
| Payment Plans | Down payment 5% + a 5% payment after 3 months, with the remainder in equal installments up to 8 years, interest-free |
| Reservation Deposit (EOI) | EGP 100,000 for commercial units and EGP 50,000 for administrative and medical units — refundable |
| Finishing Type | Commercial units: Core & Shell / Administrative and medical units: fully finished |
| Delivery Date | Within 3 years of the contract date |
| Garage | Two basement floors beneath the project with a capacity of around 200 cars |
| Management & Operating Company | Professional management and operation under contract with a specialized company |
To inquire about the latest prices and available units, call VX Golden Square Mall New Cairo sales line: +201117879909
VX Golden Square Mall New Cairo Location
VX Mall is located within the Golden Square area, the zone bounded by North and South 90th Street, Al-Nasr Road, and the Mohamed Naguib Axis, considered the highest priced in New Cairo due to the scarcity of available land within it.
VX specifically sits in the second row from Al-Nasr Road with a direct frontage on Cairo Technological University, meaning a steady daily visitor base of students, faculty, and staff throughout the academic week — traffic that doesn’t depend on a season or occasion.
The surrounding population base comes from some of New Cairo’s most upscale districts, such as New Narges, Andalus, and Lotus, alongside major nearby compounds like Palm Hills New Cairo, Hyde Park, and SODIC East Town — the primary source of spending on shops, restaurants, and clinics.
This mix adds two different types of traffic to the project — student traffic serves restaurants, cafes, and quick-service shops, while the residential density serves clinics, pharmacies, and administrative offices, reducing the mall’s reliance on a single customer segment.
Landmarks Near VX Golden Square Mall
| Landmark | Distance |
|---|---|
| Cairo Technological University (CTU) | Direct frontage to the project |
| South 90th Street | 2 minutes |
| Al-Nasr Road | 5 minutes |
| Middle Ring Road | 5 minutes |
| North 90th Street | 7 minutes |
| Gamal Abdel Nasser Axis | 9 minutes |
| American University in Cairo (AUC) | 10 minutes |
| Air Force Specialized Hospital | 10 minutes |
| Al Rehab and Madinaty | 15 minutes |
| New Administrative Capital | 20 minutes |
Malls and Neighboring Projects to VX Golden Square Mall
The Golden Square area and the surrounding 90th Street zone include a group of commercial and administrative projects that share the same customer base with this project, and comparing them helps investors determine the most suitable area and activity for their budget.
In this context, here are the best available options:
- Aisle 90 Mall: A commercial, administrative, and medical project by Scope Developments at the intersection of North and South 90th Street, with areas starting from 29 sqm and a payment plan extending to 10 years with no down payment.
- AT Nine T Mall: Located directly on North 90th Street in the fourth commercial sector, developed by Wealth Plus Developments, including commercial, administrative, and medical units starting from 30 sqm.
- One 90 Mall: A project by LMD Developments directly facing South 90th Street, targeting those looking for larger units with areas starting from 94 sqm.
- City Hall 90 Mall: A commercial and administrative project by Cirac Developments with areas starting from 50 sqm, a 10% down payment, and installment periods up to 6 years.
- Plus 90 Mall: A commercial, administrative, and medical project by Hamat Developments with areas starting from 65 sqm, suited to activities requiring a wide display space.
Unit Types, Areas, and Prices in VX Golden Square Mall
VX Mall distributes its units across five different activities — the ground floor across the seven buildings is dedicated to retail stores, restaurants, cafes, and pharmacies, while the upper floors hold administrative offices, medical clinics, and serviced hotel apartments.
Prices vary greatly between activities — the price per square meter rises on the commercial ground floor since it benefits from direct frontage and pedestrian traffic, while it gradually decreases the higher the floor, making administrative and medical units the lower-cost entry point into the project.
| Unit Type | Floor / Location | Area | Price per Sqm | Starting Price |
|---|---|---|---|---|
| Retail Stores | Ground Floor | From 30 to 159 sqm | From 235,000 to EGP 252,000 | EGP 7,050,000 |
| Pharmacies | Ground Floor | 90 sqm | EGP 450,000 | EGP 40,500,000 |
| Administrative Offices | Repeated floors (4 buildings) | From 32 to 114 sqm | From 95,000 to EGP 119,000 | EGP 3,200,000 |
| Clinics and Medical Centers | The dedicated medical building | From 32 to 106 sqm | From 115,000 to EGP 124,500 | EGP 3,671,000 |
| Serviced Hotel Apartments | Two dedicated buildings | Determined by available model | Determined by available model | Determined by available model |
The prices shown above are installment prices, not cash prices. The price per square meter also varies within the same activity depending on the unit’s location within the building and its degree of frontage exposure — a unit overlooking a main entrance differs from an interior unit of the same size.
Payment and Installment Plans in VX Golden Square Mall
The developer adopted one clear payment plan instead of multiple systems, based on a low down payment and a second payment deferred three months, followed by equal installments over eight years with no interest on the remaining amount.
| Item | Details |
|---|---|
| Contract Down Payment | 5% upon reservation |
| Second Payment | 5% 3 months after contracting |
| Remaining Amount | Equal installments up to 8 years, interest-free |
| Commercial Unit Reservation Deposit | EGP 100,000 |
| Administrative & Medical Unit Reservation Deposit | EGP 50,000 |
The reservation deposit (EOI) is fully refundable if the purchase isn’t completed, allowing investors to reserve the unit and review contract details before final commitment.
Annual maintenance fees, the operating deposit, and the cash discount percentage are set according to activity type and unit area at the time of contracting, so it’s best to review them with a real estate advisor before choosing a payment plan.
Delivery Dates in VX Golden Square Mall
The developer is working to deliver project units within 3 years of the contract date, with a fundamental difference in finishing systems between the different activities — a difference that directly affects unit setup cost and speed of operation.
Commercial units are delivered under a Core & Shell system — meaning a full concrete structure with electrical, water, and drainage connections up to the unit’s door and a ready glass facade — while the owner or tenant handles flooring, ceilings, and interior partitions, the standard system for shops since it allows each brand to execute its own visual identity.
Administrative and medical units, on the other hand, are delivered fully finished, including flooring, ceilings, paint, electrical work, air conditioning, and bathrooms, reducing the setup period after handover and making the unit ready to rent in a shorter time.
This difference means investors in administrative and medical units start achieving a rental return faster than investors in commercial units, while the latter achieve a higher rental value per square meter once operational.
Services and Facilities in VX Golden Square Mall
The service system within VX Mall is split between core operational facilities serving all units, and distinctive design elements that set the project apart from other malls in the area. Below is a breakdown of both.
Separating Activities Across 7 Independent Buildings
The standout feature of VX Mall is that each activity operates within its own building, with its own entrance, elevators, and independent traffic — a clinic patient doesn’t pass through the administrative office corridors, and a company employee doesn’t share the same elevator as restaurant visitors.
This separation solves a chronic operational problem in mixed-use malls built as a single mass, preserving the privacy of medical activity and the calm of administrative activity without sacrificing the vitality of the commercial ground floor.
Fourth-Generation Smart Infrastructure
VX relies on smart building management systems that control lighting, air conditioning, and energy consumption in common areas, alongside automatic entry gates that organize entry and exit traffic and reduce congestion during peak hours.
This system is supported by high-capacity electricity, water, and internet networks with backup generators that ensure uninterrupted operation — a basic requirement for clinics and labs that rely on sensitive equipment.
The Plaza and Dining Area
The plaza occupies the open space between the seven buildings, working as the main gathering square hosting seasonal events and promotional showcases, extending how long visitors stay within the project.
It’s overlooked by the restaurant and cafe area distributed along the main frontage and pedestrian paths, alongside outdoor seating and green spaces that make the experience closer to an open commercial street than an enclosed corridor.
Core Services in VX Golden Square Mall
| Category | Available Services |
|---|---|
| Operation & Management | Specialized management and operating company, routine maintenance, cleaning services, technical support |
| General Facilities | Elevators and escalators in every building, central air conditioning, backup generators, high-speed internet networks |
| Security & Garages | 24-hour security, surveillance cameras, electronic gates, two basement floors with a capacity of around 200 cars |
| Common Areas | Central plaza, wide walkways and entrances, outdoor seating areas, green spaces and landscaping, restaurants and cafes |
Commercial Investment Advantages of VX Golden Square Mall
The value of any commercial mall is measured by the number of visitors passing by its units daily and its location’s ability to generate this traffic without relying on marketing campaigns. Below are the key factors supporting the investment return within VX Mall.
A Guaranteed Daily Traffic Source Independent of Season
The direct 500-meter frontage on Cairo Technological University means steady daily traffic of students and staff throughout the academic week — a recurring spending base serving restaurants, cafes, and service shops.
This is joined by the residents of Narges, Andalus, Lotus, and the surrounding compounds, forming a dual customer base active morning and evening, which raises the expected occupancy rate compared to a project relying on a single traffic source.
Risk Distribution Across Five Different Activities
Having commercial, administrative, medical, pharmacy, and hospitality activities within one project means a drop in demand for a specific activity doesn’t disrupt the entire project — clinics and pharmacies are a defensive activity less sensitive to market cycles than retail.
The serviced hotel apartments also keep the project operating outside working hours, extending daily traffic hours and raising the viability of evening activities on the ground floor.
Low Entry Price for a High-Value Location
The administrative price per square meter starting from EGP 95,000 represents less than half the ground-floor commercial price per square meter within the same project, allowing investment in the Golden Square area to start with a unit from EGP 3,200,000.
This entry point is considered low by the standards of an area ranked among the highest priced per square meter in New Cairo, as land within the golden square is nearly exhausted and any new launch comes at higher prices.
An Interest-Free Payment Plan Against Traditional Investment Alternatives
Paying 90% of the unit’s value over 8 years interest-free means the investor pays in future pounds for an asset priced today — working in their favor in a market seeing annual increases in commercial price per square meter.
While a bank deposit ends with its term with no remaining asset, a commercial unit retains its value alongside a recurring rental return, combining two sources of return instead of one.
To learn more about available units, call VX Golden Square Mall sales line: +201117879909
Why Invest in New Cairo ?
New Cairo combines a high-purchasing-power population density with complete infrastructure of axes, roads, and facilities, alongside a belt of universities and international schools generating daily traffic unavailable in newer cities.
Land available for commercial development specifically within the golden square is also nearing exhaustion, making existing projects within it rare assets that are hard to replicate — a factor that supports capital growth long-term.
About Mercon Developments
Mercon Developments was officially founded in 2019, building on its founders’ accumulated experience exceeding 15 years in construction and project management within Egypt and abroad.
The company’s portfolio includes more than 70 projects spanning residential, commercial, administrative, and coastal, distributed across New Cairo, the New Administrative Capital, and the North Coast, alongside construction work outside Egypt including the execution of the Business Bay towers complex in Dubai.
The company also entered a partnership with China State Construction Engineering, one of the largest contracting companies in the world, which reflects on execution standards and timelines in its current projects.
The company’s marketing policy is built on extended interest-free payment plans, relying in its commercial projects on low down payments starting from 5% to widen the base of investors able to enter.
Mercon Developments’ Track Record
| Project | Location | Type |
|---|---|---|
| Nurai Compound | New Cairo | Residential |
| Nurai Walk | New Cairo | Commercial |
| G7 Mall | New Cairo | Commercial & Administrative |
| Pavo Tower | New Administrative Capital | Commercial & Administrative |
| VX N90 Mall | North 90th Street — New Cairo | Commercial & Administrative |
Other Mercon Developments Projects on Our Site
The developer’s portfolio isn’t limited to commercial projects — its activity extends into residential within New Cairo and coastal on the North Coast. Below are the most notable projects available on our site:
- Dayz North Coast Village: A coastal project in the Marina 6 area, offering chalets with areas starting from 45 sqm and prices starting from EGP 10,000,000 with a 10% down payment and installments over 5 years.
- Riverton New Cairo Compound: A residential project in the American University district on Suez Road, including apartments and townhouses with areas starting from 50 sqm and prices starting from EGP 4,500,000, with the same 5% down payment system and installments over 8 years.
Reserve Your Investment Unit in VX Mall New Cairo
VX Mall combines elements rarely found together in a single project within the golden square, represented in the following points:
- A 500-meter long frontage facing Cairo Technological University, ensuring steady daily traffic.
- 7 independent buildings separating commercial from administrative, medical, and hospitality activity.
- An entry point starting from EGP 3,200,000 within one of New Cairo’s most expensive areas.
- A 5% down payment and installments up to 8 years, interest-free, with a refundable reservation deposit.
- Administrative and medical units delivered fully finished, shortening the setup period before renting out.
To reserve your unit or inquire about the latest prices and payment plans, call VX Golden Square Mall New Cairo sales line: +201117879909 (available daily from 10 AM to 10 PM)
Frequently Asked Questions
The price per square meter varies depending on the activity and floor. It starts from 95,000 EGP for administrative offices and reaches 119,000 EGP, while medical units range between 115,000 and 124,500 EGP. As for ground-floor commercial shops, the price per square meter ranges between 235,000 and 252,000 EGP.
The payment plan is based on a 5% down payment upon contract signing, followed by a second payment of 5% after three months. The remaining amount is paid in equal installments extending up to 8 years without interest. There is only one payment plan available for all activities.
The Expression of Interest (EOI) deposit for commercial units is 100,000 EGP, while for administrative and medical units it is 50,000 EGP. The amount is fully refundable if the purchase process is not completed.
Commercial units are delivered under the Core & Shell system, which includes the complete structure, utility connections, and a ready glass facade, while the owner handles the internal divisions. Administrative and medical units are delivered fully finished, including flooring, ceilings, and air conditioning.
The project includes commercial shops and pharmacies on the ground floor, administrative offices in four buildings, and clinics and medical centers in a dedicated building with an area of 13,000 m², in addition to serviced hotel apartments in two buildings.
The project consists of 7 independent buildings built on an area of 8 acres. Each building consists of a ground floor and 4 repeated floors (G+4). The ground floor is fully dedicated to commercial activities across all buildings.
Yes, the project includes two basement levels beneath the buildings with a capacity of approximately 200 cars, in addition to electronic gates that regulate entry and exit movement.
The project is located in the second row of El Nasr Road, 5 minutes away from it, 2 minutes from South 90th Street, and 7 minutes from North 90th Street. It is also 5 minutes away from the Middle Ring Road.
For inquiries about prices, available units, and booking a viewing, contact: +201117879909 (Available daily from 10 AM to 10 PM).
For inquiries about Mercon’s commercial, residential, and coastal projects, contact: +201117879909 (You will be directed to the specialized real estate consultant for the project you are interested in).
