Read Current News
Branded housing projects and real estate news platform According to the results 3DKonut.com evaluates project launches in Istanbul in the first six months of 2017, a total of 12,600 new projects were offered for sale between January and June. In total, the investment value of the houses to be built on the land of approximately 650 thousand square meters found 11 billion liray.
Despite political, military and economic activity last year, the Turkish Construction Sector continued its investments in the first half of 2017. According to the compilation of 3DKonut.com site, which currently consists of about 2 thousand construction companies and exhibiting the new 4 thousand branded residence project together, the new project with 12,600 residential buildings reached to 11 billion liras total investment value in January.
According to the TUIK data, a total of 96,386 new homes were sold in Istanbul during the period up to May 2016, compared to 96,836 in the first five months of 2017. 3DKonut.com manager Aybars Görpe emphasized that the construction companies producing branded residence projects continue to invest with confidence given by the buyers of abroad especially, "Statistics shows that the new housing sales in Istanbul pointed to a slight decrease compared to the previous year and as far as we observed, traffic is still behind from the same period last year, "he said. With the advent of summer, Görpe emphasized that branded housing investments are slowing down and that companies will spend this period with preparations and that new launches will come out vitrine behind each other in September.