- Jul 17, 2017
- Reading time: 2 minutes
2016 branded housing prices increased by 22% in Kartal
The construction of the Istanbul Anatolian Palace of Justice in Kartal, the opening of Kartal-Kadikoy metro and the connection of this line to Marmaray increased office/Home Office investments. Connecting to Tuzla and Kadikoy via Kartal Coastal Road, Kadikoy-Kartal Metro was opened by public transport and access to the center and the Istanbul Environmental scheme according to the plan of the second degree was determined as. The Eagle Justice Palace, which was aimed at this, resulted in increased white-collar population in the region. Commercial real estate and mixed projects also increased, with the increasing rate of the housing needs of the working sector.
The actual movement in Kartal occurred after the region was declared as the urban transformation area and continued to increase with public investments in the region. There are usually old buildings in Kartal, but in recent years, branded housing projects have increased in the E-5 axis, especially in areas close to the Metro (Soirlik) with the movements in real estate.
The branded housing market in Kartal has actively begun in 2007 and has been competing for about 50 different firms for 10 years. Dky, Dap Yapı, Mesa, Soyak, technical structure, Ege Yapı, Emay Construction, business GYO as well as important actors in the sector continues to invest in the region.
The district has become a preferred region of the Kartal-Metro line and the establishment of the Palace of Justice, and the number of branded housing projects has increased. The region has a maximum of 1 + 1 and then 2 + 1 and 3 + 1 housing types are produced.
According to the analysis of the Endeksa partner EVA Gayrimenkul Degerleme Danışmanlık, the housing prices in Kartal are changing according to the lower and upper regions of the highway D-100, while the coastal road is rising. The region averaged 2016, 6,450 TL/m2. As the D-100 highway leads to the coastal road, prices are rising, and as you go up, it falls. D-100 prices in the lower area of the highway 4.900 tl/m2-12,000/m2 while D-100 highway upper area 3,000 tl/m2-6,000 tl/m2 varies between.
According to the 2016 Istanbul branded housing sector report prepared by EVA Gayrimenkul Degerleme Danışmanlık, the prices of branded housing projects in this region are; In 2013, he increased by 20% in 2014, 13% in 2015, and 22% in 2016. As a compound in the last five years, a 90% increase is seen, while the combined value of the annual average increase rate is above the Istanbul average with 17.3%. Kartal, the combined value of the annual average increase in the total of 34 units in Istanbul 15. He's in line.

