Halic Metro increases Fatihte real estate prices

Haliç metro has increased real estate prices in Fatih: Haliç Metro Pass Bridge, which is integrated with Marmaray, has brought the metro between Hacıosman and Şişhane to Yenikapı and has affected the real estate prices in the nearby neighborhoods.
I Metrekare.coAccording to the analysis made by; The new project, which made transportation between Beyoğlu and Fatih districts much easier, led to an increase in property prices especially in certain regions of Fatih.
Hacıosman, 4. Levent and Taksim, and the Yenikapı transfer station and the Haliç Metro Crossing Bridge, which connects to Göztepe, Maltepe, Üsküdar, Kozyatağı and Kartal via Marmaray, caused a noticeable increase in the neighborhoods near Fatih's metro line.
While there was no significant change in prices throughout the district, an average of 5,5% increase was observed in the prices of property for sale in Küçükmustafapaşa district, which includes the Zeyrek and Yavuz Sultan Selim neighborhoods. In the districts of Akdeniz, which consisted of Akşemseddin and İskender Pasha neighborhoods, and Fener districts, such as Balat and Hirka-i Serif, there was a 4,7% and 5% increase in property prices for sale, respectively. Fener and Haseki were the districts where the prices for rental houses in Fatih rose. Especially in Haseki, which is one of the neighborhoods close to the metro line, rental house prices rose by 6,7% in February compared to January.
Prices continue to decrease in Beyoğlu
The effect of the launch of Şişhane-Yenikapı Metro line on property prices was almost not felt in Beyoğlu. The tense environment that has been continuing since the summer months has caused the prices in Beyoğlu to decrease day by day, while the prices of the houses for sale in the region have decreased by 3% and the prices for rental houses by 15.1% in the last 3,4 months. Experts emphasized that the demand for the region did not decrease, and stated that the supply increased especially with the separation of some of the residents of the region, which caused the prices to break.

Source : I www.metrekare.co

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