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Sakneen Absorption Index: methodology

Sakneen intends to publish a quarterly index of absorption, price per metre and unit mix for the Egyptian primary market, derived from transactions on its own platform. This page publishes the methodology first, so the figures can be judged against a stated method rather than taken on trust.

Why the methodology comes first

Egypt has no public register of primary-market transactions, so every published absorption or price figure is an estimate whose method is usually undisclosed. Publishing the method before the numbers is the only way for a reader to know what they are being given.

It also constrains us. A method published in advance cannot be adjusted after the fact to make a quarter look better.

Definitions used

Sakneen Absorption Index — measure definitions
MeasureDefinition
Absorption rateUnits contracted in the quarter divided by units released and available during it, net of cancellations in the same quarter
Price per metreContracted price divided by built-up area, excluding garden and roof area, stated at the contracted payment plan
Unit mixShare of contracted units by bedroom count and by unit type
CoverageProjects live on Sakneen for the full quarter whose developer has consented to aggregate publication
SuppressionAny cell with fewer than five transactions or fewer than three developers is withheld

What will and will not be published

Aggregate and derived statistics only. No per-unit pricing, no developer-identifiable figures without that developer's written consent, and no cell small enough to be re-identified. Where a developer's contract does not permit aggregate publication, its data is excluded entirely rather than anonymized.

No index figures have been published yet. This page describes the method for a forthcoming release; it contains no market data, and nothing on it should be cited as a statistic.

Frequently asked questions

When is the first release?
Not yet scheduled. It depends on developer consent for aggregate publication, which is being sought at contract renewal rather than retrospectively.
Will the data be free?
Yes. The index will be published free with a citation line and machine-readable schema, because its value to Sakneen is being the source others cite.
How is developer confidentiality protected?
By consent, aggregation and suppression: no developer-identifiable figures without written consent, and no published cell with fewer than five transactions or fewer than three developers.

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.