Óêð
Eng
In 2015 the supply in the market of new-built residential property was replenished with 34 new projects. The share of 85% of the supply today is concentrated in the low-budget segments – economy and comfort classes.
Over the year the average cost per square meter of residential property has increased by 36.4% and amounts to 22 500 hryvnias. In dollar terms the price has decreased in average by 10%.
Nominal prices in the premium segments virtually have not changed, but the size of the discount at the time of the purchase could reach 25%.
The share of investment transactions – for resale after putting the house into operation – in 2015 dropped to 10%. Buyers purchased apartments mostly for the purposes of personal residence.
In the structure of supply and demand the small-sized one- and two-room apartments dominate. According to market experts, this trend may lead to a deficit of two-room apartments that are the most comfortable for living. Developers optimize the supply due to reducing the average floor area of apartments by 10-30%.
Finished-up apartments take about 40% in the new homes market. This relates mainly to the low-budget housing accommodations. In the premium segment the buyers prefer to purchase objects without finishing due to the significant difference in price.
According to judgmental forecasts, in 2016 the market of new-built residential property will keep the trend of replenishment with new objects. Prices are likely to grow, both in hryvnia and in dollar. Hryvnia price will further depend on the exchange rate changes.
