High-budget housing and commercial real estate in new residential areas have experienced the most significant price growth over the past year, according to RBI Group experts. High-end housing saw a 13% increase, while commercial properties rose by 8-10%.
With banks reducing deposit yields (previously a profitable 20-23% per annum), investors are expected to return to the real estate market.
Mikhail Gushchin, Vice President for Marketing and Product at RBI Group, stated that the trend has shifted from comfort class housing to business and premium class housing, where price increases reached approximately 13%. He anticipates this trend to continue for the next 2-3 years due to low supply and stable demand.
Commercial real estate worth 10-40 million rubles in new residential projects is also considered a “safe haven” for investors, yielding an average of 8-10% per annum. The limited supply of high-quality properties has created high demand, with some premium lots being sold at auction. The profitability of these high-value properties, especially those approaching 100 million rubles, can significantly exceed the standard 8-10% yield.