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Review of proposals on primary housing market of Baku in 2010

Business Materials 2 February 2011 10:30 (UTC +04:00)

Azerbaijan, Baku, Feb. 2 / Trend U.Ismayilova /

The NGO " Participants of the Property Market " engaged in studying the real estate market of Baku and the preparation of monthly analysis of market conditions, provided a list of new buildings constructed in the capital in 2010:

Number of houses in Baku districts

Units

Sabail

19

Sabunchu

12

Nizami

27

Binagadi

48

Yasamal

122

Nasimi

75

Khatai

92

Garadag

2

Surakhani

5

Narimanov

41

Total

443

Summary table for the proposed apartments on the market and related indicators:

Rooms

Number of rooms

Average area,

square meters

Share in total construction in%

1

11,842

61.3

17.5

2

20,458

92.8

30.3

3

26,551

132.4

39.3

4

7,846

190.5

11.6

5

908

252.4

1.3

Total

67,605

145.9

100.0

According to the organization, the prices on the primary housing market of Baku fell by 0.7 percent in 2010 compared to 2009.

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