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Main » Articles » Real Estate » Residential Real Estate

Bum "thrifty" settlements started.

Panoramic View

As told by the head of analytical services "MIAN - Real Estate Agency" Alexei Kudryavtsev, for the first quarter, the volume totaled 13.3 thousand supply facilities, which is 4% less than in the last quarter of 2006, the second, but 12% more than first quarter of his own. "From the beginning, the proposal has increased by 28 new settlements, - says CEO Maria Blackwood Litinetckii - with most of the increase occurred through the towns economy class and business class.

Altogether, town market near Moscow, according to deputy director of Miel - Residential Real Estate "by Vladimir Yakhontova, today presented 25 thousand households. Or, according to statistics provided by Vesco Realty, 2,54 million sq. km. m. "A case in point is only on the volume of the finished proposal, - says Director General of Vesco Realty Sergey Leontiev. - A volume of supply in the design stage and construction - 6.11 million sq. m ". Demand exceeds supply traditionally strong in the economy segment, the segment is lagging behind in business class and corresponds roughly to the proposal in the elite segment. In the luxury segment of the deficit is observed only on the most expensive home ownership: we have in mind, for example, towns in several homes, located in unique natural places - Peninsula rivers, especially the beauty and ecological value of forests, etc.

As for prices, then, according to Alexei Kudryavtsev, growth in the first quarter of 2007 amounted to 5-9% depending on the direction and type of object. The dependence of the price dynamics of the direction to follow quite easily. "At the most prestigious and expensive area - Rublevo-Uspensky highway - the price can go up to $ 300 thousand sq.m., and the average is about $ 40-50 thousand sq.m.. Second place goes to Novorizhskoe highway, where the cost of hundred square zone of 20 km from the capital ranged from $ 20 thousand to $ 50 thousand Lowest prices recorded on the eastern and south-easterly direction, "- said Alexey Kudryavtsev.

According to Sergei Leontiev, if Rublevke prices rose (referring to second homes) of 8%, for instance, on Dmitrovka, New Riga Leningradsky, Kiev, Kaluga, Bohr areas - only 4%. "Almost 95% of the market today - a market project - specifies Leontiev. - It must be noted that the amount of developer correction in this market is lower now than before: 2-3% instead of the usual "5% in six months."

Evolution, not revolution

There is nothing revolutionary has happened in the "balance of power" between suburban areas. There is still leading in the number of proposals for new Riga, edging out last year the former leader - Rublevo-Uspenskoe highway; good pace of development shows Kaluga, Kiev and Dmitrovskoye direction. "The most active since the beginning of the year developed Novorizhskoe and Kaluga highway (9 and 5 new projects, respectively). Outsiders may be called an easterly direction, which developed most slowly, both in terms of cottage construction, so in terms of infrastructure ", - says Maria Litinetckii. "I would not talk about the directions-outsiders - takes a different view Sergey Leontiev. - East really is not so "visible", but there is and prestigious projects (same Malakhovka on Novoryazanskoye highway). Leont'ev notes as a "leap year" the development of Kyiv and Borowski highway: "After the first were built 30 km to Aprelevka, sharply increased the number of quality projects, and therefore - and prices.

"The largest number of proposals characteristic Novorizhskoe, Kiev, Rublevo-Uspensky, Kaluga and Yaroslavl direction - sure, Vladimir Yakhontov. - This is bringing five districts of Moscow region along Kashirsky, Dmitrov and the Minsk highway. Growing popularity of Kiev and Kaluga highway is connected with good transport accessibility (Kiev and Borovskoye highway expanded and updated to the area of Vnukovo airport) and low loaded lines. That is what allows developers to propose projects of economy class, which are in the zone from 30 to 100 km from Moscow and, earlier, such projects have been impossible because of low transport accessibility.

Destinations differ in terms of supply and demand balance, stresses Litinetckii: "At Rublyovo-Uspensky highway proposal is limited, the rate of entry of new settlements markedly decreased, while demand has remained at the same level, leading to an imbalance of supply and demand in the demand side. On the highway there Novorizhskoye balance supply and demand. Kiev and Kaluga areas characterized by some redundancy proposals. However, we note a higher rate of growth of popularity of Kiev on directions of Kaluga, while the volume of supply is growing at a slower pace.

Trends: The Inside

Despite the fact that the most obvious problem of the market participants in one voice called supply shortage economy class, is the marked increase in available supply, and noted as a major trend of 2007. "Developers drew attention to the economy segment (houses up to $ 250 thousand), - says Sergey Leontiev. - Features of the companies "have grown" to a level that enables us to meet, finally, the demand in the economy segment. Came to us technologies to reduce the cost of construction: scaling, model projects, relatively cheap construction materials. In addition, developers transform land under dacha construction, not the individual house-building, thus reducing costs by 15-20%. According to the expert, now developers can reduce the construction cost to $ 500-600 per square. m (which is well within the final price within the $ 250 thousand for the house), and in the future have the opportunity to bring the cost up to $ 400 per "square". Market economy class, in fact, is just beginning, and in the medium term, I would have predicted the housing boom economy class, when its volume would be comparable to the scale of housing construction in Moscow. "

One of the main trends in the market town real estate has become, first, the building of large tracts of land megaprojects, according to Maria Litinetckii. "It is stated to start construction this year and next year, several major projects, covering an area of 400 to 13 000 ha: Island Barvikha, Rublyovo-Arkhangelsk, Plescheevo Island Istria, Project A101, Great Domodedovo. Secondly, there is an active development of the format of "distant cottages, as well as increased interest of developers to economy class. Thirdly, increased investment in infrastructure construction near Moscow. Fourth, it continues to develop the type formatsinto village, combining a variety of formats suburban real estate (townhouses, cottages, houses malokvartirnye).

Vladimir Yakhontov notes as a characteristic tendency to start building expensive suburbs of Moscow in the 30-kilometer zone from the Moscow Ring Road. "You can talk about that in the next 5 years, low-cost housing in this area will disappear, - the expert believes. - Another emerging trends - the emergence of new projects, economy class, located at a distance from the Moscow Ring Road (50 km from Moscow) and with smaller areas of houses and plots. Developers with interest are long sections, because there is strong demand for so-called cottages, that is home to a seasonal residence. And more projects at a great distance from Moscow, require much less time and money.

Was there stagnation?

The word "stagnation" - one of the most consumed in 2007 by all who are interested in real estate. The fact that it was she who reigns today in the Moscow market, no one doubts. But as with this case at suburban market, which (according to believe) copies the capital, with some lag? "In the beginning of the year on the market stagnant - not to avoid the term Mary Litinetckii. - The rate of growth of prices were quite low: about 4% of the villages of business-class and elite, was slightly higher prices for economy-class municipalities (about 6%), and moreover that it is a county of this class was only a seasonal slack in sales, rather than associated with stagnation. In the first two months of the second quarter price growth of around 5%. Prices for land, according to the expert, is also virtually unchanged. Increases in the prices only forest plots (5-7%).

"Many clients are now trying to" postpone "the time of purchase, while it is appealing to the stagnation, - says Leontiev. - On the other hand, if the Moscow market is the market really existing apartments, the neighborhood - at the very beginning of this road (95% of proposals - at the design stage and construction). When it becomes a market actually existing cottages, prices will certainly rise. And then, if we compare with the Moscow housing market, a country practically not growing. Therefore, no correction then we should not wait. As, however, and the price spike - the resources for such growth there.

The pace of price growth this year will be somewhat lower than in the previous year, and the order of 27-30%, according Litinetckii. "Faster would be more expensive economy-class municipalities, and, correspondingly, and the price bracket of economy class will be higher. After a brief slowdown in early 2007, the market expects a seasonal surge. The market as a whole can predict the emergence of a larger number of settlements economy class, although the amount of this proposal does not cover the huge demand, which in this segment continue to grow. You can also expect a decline in supply in the segment of business class, which should, in principle, to balance supply and demand in this segment. "

Category: Residential Real Estate | Added by: Дмитрий (19.03.2010)
Views: 287 | Rating: 0.0/0

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