Champions of Value Increase in the Year 2016

Ispartakule-Bahcesehir, the champion of value increase in the year 2016 in the branded housing, the least value Zekeriyakoy.

Real Estate Window / Real Estate News Center – March 29, 2017 – Istanbul

EVA Real Estate Appraisal's "2016 Istanbul Branded Housing Survey" shows that 1,417 housing projects in the 34 provinces of the city took place and that the number of branded houses in the city reached 560. The study, categorized by considering the geographical regions and transportation axes of Istanbul, includes 34 separate regional analyzes.

Increase in Branded Housing Project by 2016 14%

EVA Real Estate Appraisal General Manager Cansel Turgut Yazıcı stated that in 2015, there are 500 thousand houses in the housing project of 1.242 brands. In 2016, the number of branded residential projects in Istanbul has increased by 14% compared to the previous year and the number of houses in branded projects has increased by 12%. The printer records 430,000 houses in 1,007 projects in 2014, and this number reaches 1,242 projects and 500,000 houses in 2015, 1,417 projects and 560 houses in 2016.

According to the survey, by the end of 2016, the number of flats in branded housing projects grew by 12% compared to the previous year. In 2015, the number of apartments in branded houses, which have increased by 16% compared to the previous year, has grown by 30% in the last two years covering 2014-2016. In terms of branded housing projects, the number of projects in 2009 was 1.007, increasing by 41% in the last two years and reaching 1.417 in 2016. In the same period, the number of apartments increased by 30%.


560 Thousand Housing Units in the Housing Project of 1.417

According to EVA Real Estate Appraisal 'Research and Forecasts of the Istanbul Marked Housing Market', housing types offered, region based value increase, type based value increase in the regions, compound value increases in the last five years, branded housing rates according to the provinces, Sales speeds and region-based evaluations.In the study, which analyzes Anatolian and European land data separately, approximately 560 thousand residences in the housing project of 1.417 brand are being taken under scrutiny.

Europe, stands out as the highest regions in terms of sales per square meter of land. Accordingly, it is determined that the region with the highest weighted average unit sales price in Anatolia is Bagdat Caddesi and the region with the lowest unit sales value is Şile. While the average price per square meter of housing in Bağdat Street is approximately 17,500 TL / m2, this value is decreased to approximately 2,900 TL / m2 in Şile region.

On the European side, it is noted that the region with the highest residential unit sales price is Fulya-Bomonti-Şişli-Büyükdere aksı and the region with the lowest unit sales value is Esenyurt. While the average unit sales value of the branded houses opposite Fulya-Bomonti-Şişli-Büyükdere is 20.000 TL / m2, it is seen that the average unit square meter sale price in the Esenyurt region with the lowest unit sales value is at the level of 3,500 TL / m2.

Average Residential Sales Rates Differ According to the Region

According to the analysis titled "average residential sales rates of the regions" in the study, the rate of residential sales in Istanbul varies according to the sales prices of the apartments in the regions, the supply of the apartment types requested and the size of the apartments.

11% of Total Housing Stock is Branded Housing

EVA Real Estate General Manager Cansel Turgut Yazici said that according to statistics, there are 5,3 million houses in Istanbul and about 560 thousand of these houses consist of branded housing projects. According to Yazici, the ratio of branded housing in Istanbul is only 11% of the total housing stock, which is 7.7% in 2014, 9.5% in 2015 and 11% in 2016 According to the ascension, the branded housing sector has increased every year in Istanbul.

Total Number of Apartments Increased by 0.5% Compared to Last Year

TURKSTAT data, it is stated that the number of flats in Istanbul is 5,283,844 in 2015, it is determined as 5,311,460 in 2016 and it is said that there is a growth rate of 0.5 percent accordingly.

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