Buying new housing became a charm – Tejaratnews
According to the reports in the housing market and the astronomical prices in this market, a large part of the applicants are interested in the units with a longer lifespan instead of the newly built units.
According to Tejarat News, according to the reports in the market of real estate transactions and astronomical prices in this market, a large part of the applicants are interested in units with a longer lifespan instead of newly built units.
The market of housing transactions in the two regions of the supply of consumer residential units these days is facing several important features in terms of price specifications and other features related to the files supplied to the market.
Referring to the latest official statistics published by the Central Bank, it shows that currently (according to the statistics of November), the average price of each square meter of housing in District 4 of Tehran is equivalent to 46 million and 350 thousand Tomans. This means that the applicants must have an average budget of more than 3 billion tomans to buy a regular residential unit with a size of 70 square meters. The average price of each square meter of housing in Tehran’s 5th district has reached 55 million tomans in the middle of autumn this year. In order to buy such a unit (an ordinary consumer apartment with an area of 70 square meters), applicants in this area must have a budget of more than 3 billion and 800 million tomans (the limit is 4 billion tomans). ), keep in mind.
The most popular areas for housing transactions
Another feature related to the housing transaction market in these two areas, which are the most demanding consumer areas of Tehran in terms of consumer transactions and investment in the northern half of Tehran, is related to the age of the units that have been put on the market these days. Most of the units that have been put on the market in the past days in these areas have a lifespan of more than 10 years. The reason for this is the deepening of the construction recession and the noticeable decrease in the supply of new constructions to the housing sales market under the influence of the recession. However, studies show that in these areas, the gap between the limited price of newly built apartments offered to the sales market with several-year-old, middle-aged or old-built units, respectively, is significant, large and very large, and this issue has caused a large part of the applicants to actually Instead of newly built units, they tend to buy units with a longer lifespan. In the table below, some of the latest files that were released to the housing market yesterday with a construction life of up to 100 square meters in areas 4 and 5 of Tehran are included.
Source: the world of economy