The cost of construction of business class facilities over the past five years has increased by more than 30-40%, in 2021 it may grow by another 10-20%, Head of the Sales Department of A 136 Highlight Tower Olena Polesko told Interfax-Ukraine.
“The trends of the last two years indicate the interest of a potential buyer in high quality construction with the use of new technological engineering solutions. Special attention is also paid to the architecture of the building, future comfort level and infrastructure in the residential complex under construction,” Olena Polesko said.
According to the expert, the location remains one of the main conditions for the construction of business class complexes, therefore, the central part of the city is usually chosen for such purposes.
“The demand for high-quality business class facilities annually increases by an average of 7-10%. In addition, every year in Kyiv there are less and less free plots for construction in the central part of the city. Hence the systematic growth in the cost of business class apartments,” the expert said.
According to her data, from 2015 to 2020, the cost of apartments in business class residential complexes increased by more than 50%.
According to Polesko, for objects belonging to the business class category, a closed adjoining territory (for example, a green lounge area with outdoor fireplaces and soft sofas), the presence of its own parking lot with electric chargers, infrastructure on the ground floors, the presence of office premises with a separate entrance, round the clock video surveillance, security service, a spacious lobby with the ability to hold business meetings, as well as round the clock concierge service are considered compulsory.
“The status of the facility obliges developers to create new functional services and opportunities, such as, for example, smartbox – a separate space for sports equipment, Lovelypaw – a room for caring for pets, a room for a children’s area with professional babysitting services, a fitness area, or even Fashion hub – a service for residents of such complexes, the essence of which is the ability to order new items from the best designers’ boutiques in Kyiv and use fitting rooms on the territory of a residential complex,” the expert said.
As for technological innovations, building of the business class are increasingly equipped with general house water filtration, individual ventilation units with air purification from harmful gases, unpleasant odors and allergens, for example, pet hair or fine dust.
According to the expert, in 2021, due to the lack of new sites, the supply of business class apartments in the central part of the capital may decrease by 15-20%.
“Due to the reduction in supply, the growth in the cost of housing in modern high-quality business class facilities in 2021 may be from 10% to 20%, depending on the quality of construction, and the conditions created for the comfort of future buyers,” the expert said.
