What is the average housing price per meter in Tehran?
According to Tejarat News, the average price of housing in the transactions of August this year in Tehran has reached 42 million and 700 thousand tomans per meter. After how long can a worker buy a one-meter house in Tehran with a housing allowance of 650,000 tomans, which is supposed to be implemented from October?
The central bank published the report of developments in the housing market of Tehran in August 1401.
Based on this, the number of housing transactions in the capital last month was 7,825 units, which shows a 24% decrease compared to the previous month (July 1401), when this index was 10,294 units. Also, the number of housing transactions in August this year has increased by 42.3% compared to the same month last year (August 1400), which was 5499.
The average price per square meter of a residential unit in August this year was 42,729,900 Tomans, while last month (July 1401) this indicator was 41,704,900 Tomans, and the monthly price growth was 2.5%. We have seen housing.
The average price per square meter of a residential unit in August last year was 30,970,000 tomans, and in August this year, we have seen a 38% increase in this index compared to the same month of the previous year.
This is while Ismaili, the vice-chairman of the social commission, announced that the workers’ housing rights of 650,000 tomans will be applied from the first of October, and the arrears will be paid at a later date and announcement. Now, with this amount of housing allowance received, after how long can a worker buy a one-meter house in Tehran?
With this allowance, which has been applied since October, a worker must work for at least 66 months; That means he has to wait for 5 and a half years to be able to buy a one meter house in Tehran and about 2 and a half centuries to buy a 40 meter house!
Rent
According to the announcement of the central bank, the rent index of rental housing in Tehran has increased by 45.2% in August of this year. The mentioned index (rent growth) shows an increase of 50.6% in all urban areas.
The monthly rent growth in Tehran compared to July this year is estimated to be 4.6% and 4.7% in all urban areas.
The most expensive and cheapest areas of the capital
The highest number of real estate transactions in Tehran in August this year belongs to region 5 with 1170 cases and the lowest number to region 19 with 52 cases.
The most expensive region of the capital is Region 1 with an average of 80 million and 541 thousand Tomans per meter and the cheapest region is Region 18 with an average of 20 million Tomans per meter.