The construction, real estate and housing sector looks to 2024 with hope. Although the desired sales graph could not be achieved in 2023, it is stated that with the financing problem expected to be solved in the new year and the activation of the pending purchase demand, sales will increase and the housing sector will enter a year in which the housing sector will be mobilized. According to the evaluations, the slowdown in the housing market was largely caused by the difficulty in accessing housing financing and the increase in housing prices.
By Summer 2024, Home Sales Could Revive
However, despite all these developments, it is stated that this balance may change in favor of the real estate investment sector as of the second half of 2024, and that housing producers and buyers may come together more frequently. In addition, the increasing number of population, especially in metropolitan areas, due to migration, and faster urban transformation processes for risky buildings may also lead to an increase in demand for housing.
Figen Akar "Housing Sector is the Locomotive of Turkish Economy; We Expect a Revival"
Akar Yapı Chairman of the Board of Directors Figen Akar stated that as a housing producer, they look to 2024 with hope, but emphasized that some steps should be taken in order for buyers to meet housing more easily: "It cannot be said that 2023 was a very good year for both housing producers and investors trying to buy housing. Unfortunately, many factors negatively affected both production and purchase. High interest rates, inflation, exchange rates, rising construction costs, inequality in income distribution all had a negative impact on sales. The housing sector is the locomotive of the Turkish economy and a source of employment... Maintaining the vitality of this sector is important for both economic growth and social welfare. Therefore, it is very important to take urgent and effective steps to solve the problems facing the housing sector."
Figen Akar "We Offer Our New Projects with the Most Favorable Conditions"
Stating that they continue to produce quality, comfortable and affordable housing and provide the best service to their customers despite the challenging process in the housing sector, Akar Yapı Chairman Figen Akar said, "We are working with all our strength to increase our competitiveness in the sector and develop new projects. I think those who have the opportunity and who are thinking of buying a house should not wait too long and take advantage of the opportunities offered. As Akar Yapı, we believe and trust in the future of the housing sector. That is why we have never stopped our projects. On the contrary, we are realizing our new projects. We believe that in order for Turkey to reach the place it deserves in the housing sector, the state, private sector and non-governmental organizations should determine a common vision and strategy and join hands. In this way, the housing sector will contribute to both the national economy and the quality of life of our citizens.”
Istanbul Anatolian Side's Favorite Project: "YAKAPARK"
Combining its deep-rooted experiences in the real estate and finance sector under a single roof, Akar Yapı continues its projects with reliable, earthquake-resistant, robust and privileged living spaces without slowing down. Akar Yapı, which brings an innovative approach to the architectural texture of the city with its projects developed on both sides of Istanbul, promises investors a safe and peaceful living space with the Yakapark Project, which is built as earthquake-resistant next to Aydos Forests in Kartal, the rising district of the Anatolian side.
YAKAPARK Ends Buyers' Search for Location
Yakapark project brings together those who want to stay close to the city center but away from the noise with the neighborhood concept with its balconies and spacious apartments. The project offers a nature-friendly approach with rainwater treatment and solar energy systems, and a peaceful living space with its social facilities. Yakapark project responds to investors' search for a central location with its location within walking distance to the metro and close to important points such as shopping malls, schools and hospitals. With its wide social facilities, it meets the expectations of investors for an isolated life in nature.
Şile's Star Project in touch with Nature: "AKAR FOREST"
Akar Yapı offers a privileged life intertwined with nature with Akar Forest project consisting of 12 villas. In Akar Forest Project, 6 of them are designed as villas consisting of 3-storey triplex and 4 + 2 apartment types, and the other 6 are designed as villas consisting of 3 + 1 apartment types consisting of 2 floors. The project, which has a 300 m2 garden landscape area for each villa, also includes a common pool area, fitness area, parking area for each apartment, social areas, sightseeing area and private security service. Akar Forest Project, which will be built on 6.714 square meters of land and where 12 elite families will live, has been designed within the framework of a limited number of quality life concepts. The duplex and triplex villas in the project promise a unique experience with their terraces overlooking the forest.
# Figen Akar