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Residential buildings fall in price by $ 7,300 in Bishkek over year

Residential buildings fell in price by $ 7,300 in Bishkek over the year. Press service of the State Registration Service reported.

In March 2018, an average price of a residential building in the capital was $ 63,220. During the year, it fell to $ 55,860.

At the same time, the number of purchase and sale transactions has also decreased. At least 1,265 transactions were registered in March, which is 12.94 percent less than in the same period last year.

One-room and four-room apartments rose in price by 0.27 percent and 1.22 percent, respectively. At the same time, two-room, three-room and five-room apartments have fallen in price. Despite the rise in per square meter cost of three-room apartments, their prices declined in March.

A growth in prices for residential buildings in Talas, Naryn and Issyk-Kul regions was registered in March. Prices rose by 28.85 percent in Talas. In Jalal-Abad, housing has fallen in price by 4.13 percent, in Batken — by 32.83 percent.

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