Price Shock in the Andisheh Housing Market / What Is the Average Price per Square Meter of Apartments in This Area? + Mehr 1405 Table
The Andisheh housing market has entered a surprising phase following a heavy wave of demand from those left out of the capital's market, completely upending the calculations of speculative buyers.
Economic Group, Andisheh housing market has become one of the hottest and most discussed centers of real estate transactions in the suburbs of Tehran metropolis these days, and many retail investors and consumers have chosen this area as their main destination for buying apartments.
The new city of Andisheh has been able to become a safe haven to preserve the value of money against inflationary fluctuations by having suitable urban infrastructure, relatively favorable accesses and unique diversity in residential files.
In a situation where the capital's housing market is struggling in a severe recession and the purchasing power of households to enter different areas of Tehran has severely weakened, the geography and structure of the housing market in Andisheh is such that it covers a wide range of buyers with different purchasing power, and this feature has injected sustainable prosperity into this area.
If we analyze the geography of price and demand in this region, we will find that thought has two completely different faces; On the one hand, there are older phases with well-established residential structure, excellent access to commercial and service centers and medium-sized transport units, which have always been the main market for first-time homeowners and loan applicants.
In this part of the market, medium-sized deeded apartments have the fastest liquidity, and due to the high ability to attract mortgages and full mortgages, buyers can own a house with the lowest possible liquidity.
On the other hand, newer and more modern parts such as Sadaf settlement, Maryam settlement and newer phases host investors who are looking for more luxurious units, modern structures, dedicated parking lots and complete amenities. This part of the Andisheh market has a special attraction for people who intend to enter the real estate market with heavier liquidity in order to obtain medium and long-term profits.
A noteworthy point in the recent developments of the Andisheh housing market is the change in purchasing patterns and the behavior of applicants. In the not-so-distant past, this area was only known as a dormitory for Tehrani employees and workers who could not afford to buy housing inside the capital, but today Andisheh has become an independent real estate market whose price fluctuations reflect the real demand and the flow of liquidity from the metropolises to the satellite cities.
The presence of brand manufacturers, the significant increase in construction projects with high-quality materials, and intense competition among suppliers have created a dynamic environment in which choosing the right unit requires careful expert analysis and awareness of possible price bubbles in different phases.
In the meantime, the role of real estate consultants and local trading companies has also undergone a change; Because today's buyers are much smarter and before making a purchase, they carefully examine factors such as the age of the building, the status of the document (single sheet or cooperative), access to the main communication arteries and the potential for added value growth in the coming years.
Real owners and sellers, understanding the prevailing market conditions and the need to liquidate their assets, show more flexibility in pricing and offering discounts at the negotiation table, which has created a double incentive for hesitant buyers.
According to the latest field observations conducted in the Andisheh housing market, a 65-meter two-bedroom unit built in 1402 is being sold in "Mariam Town" at a price of 5 billion 450 million tomans.
In Phase 1, a 100-meter two-bedroom unit, built in 1405, is traded at a price of 14.9 billion tomans. Also, a 115-meter two-bedroom unit built in 1404 is available to buyers in Phase 3 at a price of 14 billion Tomans.
Another unit, measuring 64 square meters, with two bedrooms, built in 1390, will be offered in Phase 2 at a price of 3 billion 200 million tomans.
The housing market in Andisheh relies on the relative price advantage compared to Tehran, the high liquidity potential and the wide range of options, from Mehr housing units to luxury apartments, continues its path as one of the key and demanding players in the housing market of the suburbs of the capital, and monitoring its developments is of particular importance for economic activists and retail investors.