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Case study

Palm Hills: more than $1 billion contracted in one week

Hacienda Ras El Hekma, North Coast.

Sakneen managed the launch of Hacienda Ras El Hekma for Palm Hills Developments. More than one billion US dollars of sales were contracted in the first week, across a sales force of 500 people working from one live inventory, and the time taken to complete the launch fell by two thirds.

At a glance

Palm Hills — Hacienda Ras El Hekma launch summary
FieldDetail
ClientPalm Hills Developments
ProjectHacienda Ras El Hekma
MarketRas El Hekma, Egypt's North Coast
Sales force500 salespeople
Products usedSakneen Developer Cloud, Sakneen Sales Cloud
Sakneen's roleManaged the launch end to end

The problem

A launch of this size is not a selling problem, it is a concurrency problem. Five hundred salespeople, one inventory, and a buyer pool large enough that any unit a salesperson describes may already be held by a colleague in the next room — or by a brokerage in another city.

Run manually, that produces the failure everyone in the market recognises: the same unit promised twice, prices quoted from a list that moved an hour ago, and a reconciliation that takes days to establish what was actually sold.

What changed

Sakneen ran the launch off live inventory. Holds were enforced on the record — one unit, one owner, one expiry — so two salespeople could not sell the same home. Offers were generated from the unit record rather than assembled by hand, so every price and payment plan going out was the approved one at the moment it was issued.

The release plan was configured in the system rather than coordinated by phone, which is what let a 500-person sales force work the same inventory without a queue forming behind a single administrator.

Results

Palm Hills — Hacienda Ras El Hekma, before and after
MetricBeforeAfter
Contracted sales—More than $1 billion in the first week
Sales force on one systemCoordinated across teams and lists500 salespeople on one live inventory
Time to complete the launchBaseline processCut by two thirds
Offer productionAssembled by handGenerated from the unit record
Double-sale riskManaged by coordinationPrevented by enforced holds

Source: Sakneen platform data for this launch. Contracted value is as reported by Palm Hills for the launch week.

About the project

Context for the launch, from Palm Hills' own announcement and the coverage of it.

Hacienda Ras El Hekma — published project facts
FieldDetail
DeveloperPalm Hills Developments, with Miran Hills Real Estate
LocationRas El Hekma, Mediterranean coast, Egypt
BeachfrontMore than 4.8 kilometres
MasterplanDesigned with OBMI; interiors by HBA
Product mixBeach homes, chalets, villas and twin houses
DensityLow-density plan; front-row villas limited to a single storey

Project facts as published by Palm Hills Developments and reported by Harper's Bazaar Arabia. Sakneen does not publish a developer's pricing or inventory without permission.

Frequently asked questions

What does 'Sakneen managed the launch' mean?
Sakneen configured and ran the launch operationally: the release plan, the live inventory the sales force sold from, the hold rules that prevent double sales, and one-click offer generation. The commercial decisions — pricing, mix, release order — remained Palm Hills'.
How did 500 salespeople work the same inventory at once?
Availability and holds are enforced on the unit record rather than coordinated between people. A hold has one owner and an expiry, so the system refuses the second claim on a unit instead of an administrator adjudicating it after the fact.
What does 'launch time cut by two thirds' measure?
The elapsed time to complete the launch against the equivalent process before Sakneen. It is a process-duration comparison from Sakneen platform data, not an audited figure.

Related

See it against your own inventory

Bring one project. We load its masterplan and unit list, and you see your own homes as digital records before you decide anything.