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Residence development

Residence development

Egypt
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Residence development

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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Residence Developments is publicly described as an Egypt-based developer established since 1996 and is associated with projects such as Aroma (Ain Sokhna). Public project information is available through the company’s website and major portals, with limited independent archival coverage of earlier delivered phases in the sources reviewed.

Financial Credibility

Residence Developments appears to operate as a private company; audited financial statements and detailed funding sources are not readily available in the reviewed sources. Market visibility is driven by ongoing project promotion and listings for Aroma Ain Sokhna rather than public capital-market disclosures.

Project Quality

Public sources highlight master-planned coastal community features for Aroma, but independent construction-quality audits or standardized defect/handback reporting are not prominent in the reviewed materials. Hospitality-linked reviews (where applicable) reflect service experience more than construction quality of privately owned units.

Legal & Regulatory Standing

No clear public records of regulatory sanctions or licensing violations involving Residence Developments were identified in the reviewed sources. Verified, project-specific approvals are not centrally published in the sources reviewed beyond general marketing descriptions.

Customer Experience

Public customer experience evidence is more visible through resort/hotel-related reviews associated with the Aroma area than through verified residential buyer handover/support reporting. Based on the reviewed sources, detailed after-sales service performance for homeowners is not well documented in reputable, developer-specific review sources.

Market Reputation

Residence Developments presents itself as an established coastal developer with a sizable public following and recognizable “Aroma” branding. Independent reputation indicators outside marketing and portal coverage are limited in the reviewed materials, but its long-stated operating history supports an “established” positioning.

Innovation & Sustainability

No detailed sustainability program, ESG report, or third-party green certification was identified in the reviewed sources for Residence Developments. Innovation references are not strongly evidenced through independently verified initiatives in the reviewed materials.