KadıköyHousing prices on the Kartal Metro line are on the rise

KadıköyHousing prices are on the rise in the Kartal Metro line: Real estate prices in Istanbul have always been higher on the European Side than on the Anatolian Side. But this memorization Eagle-Kadıköy It broke down when the subway opened in 2012. After the subway was opened with Kartal Kadıköy Housing prices have been on the rise.
Real estate prices in Istanbul have always been higher on the European Side compared to the Anatolian Side. But this memorization Eagle-Kadıköy It broke down when the subway opened in 2012. After the subway was opened with Kartal Kadıköy Housing prices soared. During this period, housing prices in Kartal increased by more than 100 percent. Rapid increases were also seen in Küçükyalı, Bostancı, Maltepe and Acıbadem.
The European Side of Istanbul has stood out in terms of real estate prices, with a higher premium than the Anatolian Side in every period. But Eagle-Kadıköy commissioning of the metro line in 2012, this structure broke down in favor of the Anatolian Side. Because Kartal, Maltepe, Küçükyalı, Bostancı, Kozyatağı, Acıbadem and Kadıköy neighborhoods have gained more value than ever before. The price increase is expected to continue with the integration of the line with new transportation projects in the coming period.
With the commissioning of the metro, the highest rise occurred in Kartal, Küçükyalı, Bostancı, Maltepe and Acıbadem. According to Eva Real Estate Appraisal Branded Housing Projects Sector Report, housing square meter prices in Kartal were between 2011 and 600 TL in 5, and increased to 2016 and 3 thousand TL in 600. In other words, there was an increase of more than 13 percent in house prices. In the same period, the prices were between 100 thousand 2-600 thousand TL in Küçükyalı-Bostancı, between 3 thousand and 4 thousand TL, in Maltepe between 7 and 700 thousand TL between 6 thousand 2-800 thousand 9 TL, in Acıbadem 500 thousand 3. -It increased from 800 thousand 6 TL to 500 thousand 4 thousand TL.
Göztepe was the only neighborhood in the metro route that did not change the price. It is emphasized that the high prices in the region are effective before.
CANSEL TURGUT YAZICI (Eva Real Estate Appraisal GM):
"The charm of the line will continue"
"Eagle-Kadıköy As the connection of the metro with other transportation lines increases, the demand for settlement in the region will increase. The increase in demand will also increase the interest of branded housing investors in the regions on the line. Thus, we think that the attraction of the regions on the subway route will continue. "
ADD METRO VALUE
Cansel Turgut Yazıcı, General Manager of Eva Real Estate Appraisal, Kartal-Kadıköy He says that with the announcement of the metro route, the square meter prices of the houses on this route have started to increase. Yazıcı says that with the commissioning of the metro in 2012, the increase in the prices of real estate on the line varied by region, but remained between 1555 percent. Cansel Turgut Yazıcı states that he has increased real estate prices considerably on the lines and around the new transportation projects. Yazıcı emphasizes that as the metro's connection with other transportation lines increases, the demand for settlement in the region will increase and this will increase the interest of branded housing investors to the regions on the axle.
Erhan Boysanoğlu, the chairman of Mesa, which produces projects in Kartal, also emphasizes that Kartal has gained value with the subway line that has been put into use in recent years as well as the sea view. Boysanoğlu points out that the contribution of transportation projects to the development of regions can be observed with the change in square meter prices of the residences located on these lines. Boysanoğlu says that with the development of transportation projects, the transformation efforts in regions that have become easier to reach have gained speed.
ÖMER DERBAZLAR (United Real Estate Development and Construction):
"Anatolian side is on the rise"
“The Anatolian Side started to rise with the realization of transportation projects. Investors started to prefer the Anatolian Side for a correct investment. Park Residences Cadde continues to attract attention with its location on the most valuable coastline of the Anatolian Side. The Anatolian Side of Istanbul will always preserve its originality as more modest, original and modern than the European Side. "
INTERNATIONAL COMPANY INTEREST
In recent years, international companies such as Koç Holding, Vakko, Unilever, Estee Lauder, Huaevvi, Philips, Ülker, TNT, Siemens, Sony, Renault Mais, Procter & Gamble and Philip Moris have moved to plazas on the Ümraniye, Kavacık, Kozyatağı line. Some of the companies on the European Side are expected to move their headquarters to the Anatolian Side due to infrastructure and transportation facilities.
Kadıköy- With the Kartal metro, the Üsküdar-Ümraniye-Çekmeköy metro line and the Marmaray Tuzla line extension, which is planned to be completed this year, transportation is easier than the European Side.
Thanks to the Tuzla-Sabiha Gökçen metro line and the Izmit Bay Bridge, which are among the plans for 2019, the connection between Anatolia and Istanbul will also be strengthened. Sabiha Gökçen Airport is easily accessible via the TEM highway connection. Factors such as the completion of Marmaray, the second tube crossing to be built, the Third Bridge and the development of the metrobus line will facilitate transportation and access between the two sides in the coming years. The attraction of the Anatolian Side is expected to increase in the coming years, especially for families with children.
OTHER INVESTMENTS TRIGGER
In the meantime, the Sultanbeyli-Taşdelen-Sancaktepe regions on the Anatolian side continue to develop rapidly. One of the main reasons for this is metro investments. With the design of the metro, the Sancaktepe region has also become one of the centers of education projects on the Anatolian Side. It is seen that various universities and private schools have been put into operation in the region.
Remax / Eksen Real Estate Sales Consultant Nüket Doğan states that the importance of the Sultanbeyli Taşdelen-Sancaktepe region will increase over time. Doğan said, “There are significant increases in value at the locations on the Üsküdar-Çekmeköy metro route, which is planned to open in the last quarter of 2016. "After the name of the metro project was heard in Sancaktepe, prices went up."
FAITH KABADAYI (Ege Yapı YKB):
"Transportation feeds everywhere"
"On the Anatolian Side Kadıköy- The subway built on the eagle line highlighted some areas that were not in the foreground before. One of them is Kartal, the old summer resort of Istanbul, Kartal, with its ease of transportation, got closer to the city center. This situation made the region appreciate. This shows that transportation projects feed the regions. "