Current status of new building apartment demand.
I met a gentleman who owns properties in Gayrettepe during the week.
I met a gentleman who owns properties in Gayrettepe during the week.
He gave information about the price levels recently realized in new buildings or buyer offers in the region.
As someone who constantly follows new building projects in the region and has considerable communication with the tradesmen, I do not think that the demand for new building apartments in Gayrettepe is strong.
I know the sales prices requested per m² in new building projects.
And the approach of potential buyers.
For now, supply and demand are far from balance.
New apartment owners who are not in a hurry are eager about the sales price.
Potential buyers who have money prefer to evaluate their money in safe investment vehicles at the moment.
As long as there is no sharp decrease in interest rates, I think that people will generally continue to live in old buildings and continue to focus on increasing their cash levels.
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