NEWSROOM

Price increases in the construction and real estate sectors lead consumers to both economical and practical options. Research on the subject indicates that prefabricated house sales increased by 300% in 2021, while the highest demand comes from the Marmara Region.

*** This release is originally published in Turkish.
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ISTANBUL (TR) - The economic conditions brought by the pandemic are increasing its impact in the construction and real estate sectors. The data published by the Turkish Statistical Institute on the subject indicate that the Construction Cost Index increased by 67.74% in December 2021 compared to the same period of the previous year, while house sales decreased by 0.5% compared to the previous year. Rising prices in the construction and real estate sectors, which are considered to be the engines of each other, direct buyers' preferences to less costly and practical options. Mehmet Çankaya, CEO of Karmod, one of the local prefabricated construction companies, who made a statement on the subject, said, “When the desire of people to return to nature during the pandemic is added to the conditions we are in, prefabricated houses have become the focus of attention and the demands have increased 4 times in the last year. Especially with the increase in the price of construction materials, those who bought prefabricated houses gained 200% in this period. As Karmod, we are happy to put a smile on the face of investors with the prefabricated houses we have built at this point.”

Prefabricated house sales increased by 300% in 2021

Noting that the sales of prefabricated houses increased by 300% in 2021, Karmod CEO Mehmet Çankaya said, “There are many reasons why the cost of prefabricated houses is low. Among these advantages are the production of prefabricated houses with the use of new generation technology and the installation by experts without paying any labor cost. The fact that the increase in the costs of basic construction materials such as iron turns into an advantage in prefabricated houses, over 3 times, makes the investors smile and adds mobility to the construction sector. As a result of the increased sales, we now deliver an average of 10 houses a day, and most of them go to rural areas.”

Marmara Region ranks first in prefabricated house sales!

Stating that the biggest increase in prefabricated house sales in 2021 was experienced in the Marmara Region, Karmod CEO Mehmet Çankaya evaluated the sales rates by region with the following words: “The sales of prefabricated houses in the Marmara Region increased 4 times compared to the previous years and the highest demand came from big cities such as Istanbul and Bursa. Antalya in the Mediterranean and Ankara in the Central Anatolian Region followed this ranking. Buyers, on the other hand, showed the most interest in the 2+1 single-storey Karmod house models, and prefabricated houses ranging from 64 to 82 square meters came to the fore. Our best selling model in two-storey residences was 4+1 houses with an area of 138 square meters.”

Economic opportunity for those who want to buy a second home!

Noting that prefabricated houses offer both model and installation and economic advantages, they also open a new opportunity for those who want to own a second home, Karmod CEO Mehmet Çankaya said, “The orientation to prefabricated houses will continue to increase with the desire to get away from the city due to economic conditions and pandemic. With our experience in production and export sales to more than 130 countries since 1986, we will continue to design houses that are both comfortable and suitable for all budgets for buyers in this process. We will also increase our production capacity in areas such as construction sites, schools, hospital buildings and security cabins.”