Palm Hills Developments announced sales results for the first quarter of 2017. Net new sales has reached EGP 3.1 billion during the first quarter of 2017, a growth of 58% year-on-year, translating into 792 units sold, a growth of 53% year-on-year in terms of number of units sold.

The company has increased its 2017 full year new sales target from the previously announced EGP 8.5 billion to EGP 9.5 billion.