Apartment sales in Kyiv exceed volume of commissioned buildings by 21% in 2017 - experts
KYIV. April 13 (Interfax-Ukraine) – The number of apartments sold in Kyiv I 2017 reached some 40,000, while the number of commission housing last year was 33,000 apartments, Director for LUN.UA real estate portal development Andriy Mima said at a press conference at Interfax-Ukraine on Thursday.
"After holding a closed access poll among developers, when the respondents roughly announced how many facilities they sold, we estimated that about 40,000 apartments in Kyiv were sold [in 2017]. Some 33,000 apartments were put into operation, and 40,000 were sold. This means that there is no crisis of oversupply," Mima said.
At the same time, according to the expert, the pace of construction in Kyiv city and region remains high.
"In Kyiv city [in 2017] there were about 100 names of residential complexes, and in Kyiv region - about 150. That is, several residential complexes can be launched a month or even a week," Mima said.
According to the estimates of Marketing Analyst of City One Development Olena Shyrina, the number of investment transactions in the structure of housing sales is about 40%.
"We have about 40% of deals going for the purpose of investing funds," Shyrina said.