Unfortunately, the data of the Ministry of Justice do not provide an opportunity to isolate information about the secondary and primary markets, since they reflect only the fact of making changes to the State Register of Property Rights for Real Estate. But other figures speak about the activation of the market. "Three quarters of last year put into operation 1.1 million square meters of housing, which is 56.3% more than in the three quarters of 2016. But most importantly, in the first nine months of 2017, 71 permits were obtained for construction work. The projects on these sites will supplement the market with apartments with a total area of 2.8 million square meters, "says Konstantin Oleinik, deputy head of the strategic consulting department at UTG.
Related article: Real Estate in Kiev - Market Overview: Results January 2011The expert noted the tendency to increase the format of projects. "Such projects can ensure the formation of complex buildings, including social ones, so they often win in the competition with point projects, on the other hand, the implementation of such projects provides for the preliminary development and approval of a detailed development plan for the territory, and this investment is not for everyone. developers who can not afford the development of DPT, go to the regions, "- said Rostislav Simonov.
As a result, globalization is increasing in the Moscow market, and only seven notable market participants can be mentioned (Kyivmiskbud, Ukrbud, Intergal-Bud, Stolitsa-Group, Fundament, Zhitloinvestbud-UKB and DBK-Zhitlobud). which provide almost 90% of the volume. At the same time, only two companies build more than half of the housing: Kyivmiskbud and Ukrbud.
The negative trend of the market is the continuing reduction in the purchase budget. "As a consequence, the average area of apartments decreases from 92.9 square meters in 2011 to 62.7 square meters in 2017," says Konstantin Oleinik. Developers respond to this change in demand not only by reducing the area of apartments, but also by increasing the share of one-room apartments (from 35% in 2011 to 54% in 2017).
At the same time, the buyer becomes more demanding, he wants to see in the new housing and energy-efficient technologies, and beautiful facades, and service, and equipped local area. Such innovations increase the cost of construction in all areas. This is shown by the data of the Ministry of Regional Development.
"Reducing the budget of the purchase and the simultaneous increase in the cost price creates a rather dangerous situation, there are projects in which square meters are already on the verge of cost." The stable development of the market for new buildings is possible only with effective lending, "Simonov said.
But the mortgage in current conditions is difficult to consider an effective tool, it provides no more than 5% of transactions. Although there is a positive trend: over 9 months of last year, Ukraine's 25 largest banks issued 963 million UAH of mortgage loans (for comparison - for the entire 2016 was issued 736 million UAH).
"Developers are actively looking for new tools.The most popular is installment, but there is already an absolutely mortgage option: KAS together Oschadbank offers hryvnia loans for apartments in the newly built LC" Faina Town ", - said Simonov.
But while mortgage loans remain exotic against the background of an increasing total number of consumer loans.
Earlier it was reported that in January the number of transactions and rental costs in Kiev decreased.