New buildings continue to cheapen in Baku
Azerbaijan, Baku, July 6 / Trend , U. Ismayilova/
In May, prices in the first market of housing Baku fell 1.7 percent and reached $970 dollars per square meters compared to $987 in April, the Property Market public organization said on July 6.
The average size of apartments in new buildings in Baku rose by 1.7 percent up to 123.8 square meters. The average indicator hit 2.4 and the average floor rate was 15.1.
In May, construction of 455 buildings was continued on Baku initial dwelling market. The number of construction companies hit 178.
In May, a greater number of new buildings continued to be built in Yasamal (23.3 percent), Khatai (20.2 percent) and Nasimi districts of Baku (18.7 percent), which accounted for 62.2 percent of total portfolio of the first housing market.
Summary table of room-figures of new buildings:
|
Apartments |
Number of apartments |
Average figure of area |
Part in construction with % |
|
One-room |
10559 |
60,9 |
16,8 |
|
Two-room |
19492 |
93,2 |
31,1 |
|
Three-room |
24381 |
135,5 |
38,8 |
|
Four-room |
7519 |
185 |
12 |
|
Five-room |
1169 |
253,4 |
1,9 |
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