SouthMED: reviews and facts
What is published about SouthMED in Km 165 Alexandria-Matrouh Road, El Dabaa, North Coast, Egypt, what official registers and other sources say, and what changed over time. Facts only, each with its source.
- Location
- Km 165 Alexandria-Matrouh Road, El Dabaa, North Coast, Egypt
- Stage
- under construction talaatmoustafa.com
- Handover on record
- May 2029 talaatmoustafa.com
- Permit or licence number
- not published
- Deposit protection
- not researched yet
- Page we read
- talaatmoustafa.com talaatmoustafa.com
- Last checked
- 5 Nov 2026
- Open data record
- EGY-007
In short
- SouthMED is listed as under construction in Km 165 Alexandria-Matrouh Road, El Dabaa, North Coast, Egypt, by Talaat Moustafa Group Holding. talaatmoustafa.com
- The handover date on record is May 2029. talaatmoustafa.com
- No permit or licence number is published in the sources we read. talaatmoustafa.com
- Of 10 developer claims we checked, 5 are confirmed by a register or an independent source, 4 are not yet verified and 1 are contradicted by another source. Open data record
What is promised
As published by the developer or on listing pages, in the wording of the source.
- Price from: EGP 12,000,000 - 91,200,000 talaatmoustafa.com
- Unit sizes: 97 - 501 m² talaatmoustafa.com
- Unit types: chalet, twin house, villa, beachfront villa, branded residence talaatmoustafa.com
- Payment plan: 1.5% down, up to 15 years talaatmoustafa.com
- Brand or operator: Four Seasons (part of development) talaatmoustafa.com
- Permit authority: New Urban Communities Authority (NUCA) / North Coast development authorities talaatmoustafa.com
- Deposit: 1.5% talaatmoustafa.com
- Handover promised: 2028 talaatmoustafa.com
- 23 million m2 masterplan on about 5,500 feddans with 8 km beachfront talaatmoustafa.com
- chalets, twin houses, villas and branded (Four Seasons) units talaatmoustafa.com
- payment plans from 1.5% down over up to 15 years (report cited by Daily News Egypt) talaatmoustafa.com
- first deliveries from 2028 talaatmoustafa.com
- quarterly sales disclosures by TMG talaatmoustafa.com
Delivery and delay record
Every dated promise we found, how it changed and whether the date has passed. Status rules: promise tracker.
- Handover or completion: May 2029 date still ahead
our research record of 31 Oct 2026 talaatmoustafa.com
Permits and licences
- No permit or licence number is published in the sources we read.
- No NUCA or ministerial decree number on the project page talaatmoustafa.com
Live check in the official registers
Queries the official registers we can reach for this country now and shows what each returns. Each answer is hashed (SHA-256); nothing is invented, a register with no data says so.
The six buyer checks
Public means the information is published. The level says who confirms it. Method: how we score.
| Check | Public | Who confirms it | What we found |
|---|---|---|---|
| Permit or licence number | no | not published | No NUCA or ministerial decree number on the project page talaatmoustafa.com |
| Deposit protection | no | not published | Nothing published talaatmoustafa.com |
| Construction progress | yes | confirmed by an independent source | Daily News Egypt (Jun 2026) citing The Board Consulting: phase 1 concrete works completed talaatmoustafa.com |
| Floor or site plans | yes | not published | No floor plans on the TMG page opened talaatmoustafa.com |
| Developer track record | yes | confirmed by an independent source | Units delivered by TMG in 2025 and H1 2026 reported in press from company figures talaatmoustafa.com |
| No guaranteed returns | yes | stated only by the developer | No guaranteed returns talaatmoustafa.com |
Developer claims we tested
| Claim (source wording) | Result | Checked against | Source |
|---|---|---|---|
| Cumulative SouthMED sales about EGP 500bn by end of June 2026 (EGP 93.9bn in H1 2026) | verified | independent | dailynewsegypt.com |
| Phase 1 concrete works completed | verified | independent | dailynewsegypt.com |
| First unit deliveries in 2028 | not verified yet | dailynewsegypt.com | |
| Four Seasons units at SouthMED for delivery May 2029 (buyer statement) | not verified yet | businessmen-eg.com | |
| TMG delivered 3,196 units in 2025 | verified | independent | businessmen-eg.com |
| Commercial launch July 2024 (DNE) vs June 2024 (Techno Time) | contradicted | independent | technotime.net |
| Masterplan 23 million m2 vs about 5,500 feddans (about 23.1 million m2) | verified | independent | dailynewsegypt.com |
| Chalet prices from EGP 12M for 97 m2 | not verified yet | dailynewsegypt.com | |
| Presidential order for state review of developers' delivery compliance (Aug 2026) | verified | independent | businessmen-eg.com |
| Foreign buyers can own units (freehold) | not verified yet | talaatmoustafa.com |
What changed, with dates
- 1 Nov 2026: plans published: no to yes talaatmoustafa.com
- Fingerprint of the developer page text on 5 Nov 2026: SHA-256
fb87607e3ec1edb7.... Anyone can check it on kolaboro.com/verify. kolaboro.com/verify
Public reports
What public sources report, with the link. We list reports; we do not judge the developer.
- No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read.
About the developer
- Head office: Cairo, Egypt talaatmoustafa.com
- Legal entity: Talaat Moustafa Group Holding talaatmoustafa.com
- Listed or audited: Egyptian Exchange (EGX); H1 2026 net profit EGP 9.9bn reported talaatmoustafa.com
- Units delivered by TMG in 2025 and H1 2026 reported in press from company figures talaatmoustafa.com
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Market context: Egypt
- We track 13 projects in Egypt. 8% publish a permit or licence number and 0% state deposit protection. kolaboro.com/m
Buyer reviews
There are no verified buyer reviews of SouthMED yet. We publish a review only from a buyer who proves the purchase (fingerprint of the contract or receipt, signed with a passkey) and only after a moderator has read it.
Reviews waiting for moderation are not shown.
Right of reply
Are you the developer? Send documents and we add your reply to this page. Found a wrong fact? Tell us and we correct it with a dated note.
Reply as the developer Report a correction Questions to ask the developer
Before you pay
Paste the project link for a free live check of what official registers say. For a full desk review and a site visit by a local agent, order the pre-purchase check.
Questions buyers ask
Is SouthMED legit?
Kolaboro does not label projects or developers. What the public record shows: No permit or licence number is published in the sources we read. Of 10 developer claims we checked, 5 are confirmed by a register or an independent source, 4 are not yet verified and 1 are contradicted by another source. The handover date on record is May 2029. No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read. Check the sources on this page and ask the developer for documents before paying.
When will SouthMED be delivered?
The handover date on record is May 2029.
Who is the developer of SouthMED?
Talaat Moustafa Group Holding, according to the sources listed on this page.
Does SouthMED have a permit or licence?
No permit or licence number is published in the sources we read.
Are there reviews of SouthMED?
There are no verified buyer reviews yet. Buyers who prove their purchase can submit one; it is published after moderation.
Sources
Every fact on this page links to its source. Pages we read are fingerprinted and kept by date.
- talaatmoustafa.com https://talaatmoustafa.com/communities/southmed/
- dailynewsegypt.com https://dailynewsegypt.com/2026/06/05/talaat-moustafa-group-leads-north-coast-construction...
- southmed.talaatmoustafa.com https://southmed.talaatmoustafa.com/english/
- talaatmoustafa.com https://talaatmoustafa.com/Upload/TMGH%20IRP%20-%201H%202026.pdf
- talaatmoustafa.com https://talaatmoustafa.com/tmg-introduces-southmed/
- talaatmoustafa.com https://talaatmoustafa.com/upload/TMG%20Holding%20First%20Half%20Ending%20June%2030,%20202...
- talaatmoustafa.com https://talaatmoustafa.com/upload/TMGH%20IR%20presentation%20September%202024.pdf
- businessmen-eg.com https://www.businessmen-eg.com/en/6150/tmgs-southmed-dominates-north-coast-market-with-egp...
- businessmen-eg.com https://www.businessmen-eg.com/en/6284/turki-al-alshikh-joins-southmed-buyers
- businessmen-me.com https://www.businessmen-me.com/en/1252/talaat-moustafa-boosts-delivery-pace-across-flagshi...
- dailynewsegypt.com https://www.dailynewsegypt.com/2024/12/23/tmg-sales-exceed-10bn-in-2024-solidifying-region...
- dailynewsegypt.com https://www.dailynewsegypt.com/2026/07/05/tmg-holding-posts-egp-219-1bn-in-h1-2026-sales/
- dailynewsegypt.com https://www.dailynewsegypt.com/2026/08/18/southmed-project-sales-reach-egp-520bn-as-north-...
- reuters.com https://www.reuters.com/world/middle-east/egypts-talaat-moustafa-group-invest-21-bln-north...
- technotime.net https://www.technotime.net/15933
Last checked 5 Nov 2026. How we collect data: data policy. Facts quoted from sources are shown in the language of the source.