Kartal district and Marmaray project

Kartal district is located on the Anatolian side of Istanbul, surrounded by Maltepe in the west, Sancaktepe in the north, and Pendik in the east, and has a population of 2012 according to 443.293 population data.

Kartal district; In recent years, the new palace of justice was launched in 2012. Kadıköy-It has developed greatly with new investments such as the Kartal metro line and the planned urban transformation project, and has become a region that attracts and demands investors. The investments made have rapidly changed the face and the recipient profile of the district and the demand for the region has started to change positively.

It is located on the Kartal D-100 Highway axis, and is surrounded by the beach on the south and the O-4 highway on the north. The increase in the efficiency of Sabiha Gökçen Airport has caused an increase in interest in Kartal region as well as Pendik and Tuzla regions. KadıköyWith the Kartal Metro Line and Marmaray Project, Kartal has become a region with a wide variety of land, sea and rail transportation.

When the Kartal-wide projects are considered, it is seen that the parcels located around D-100 Highway are mainly designed as offices and home offices, but there are also residence projects. It can be said that the demand for offices and housing has increased especially in the region with the Courthouse. Due to the lack of vacant land stock on the coastline, it is seen that new housing projects are mostly shifting onto D-100 Highway.

It has the advantage of accessing the region from three main roads such as coastal road, E-5 and minibus road, as well as being one of the most important infrastructure projects of the region, which has recently started operating. Kadıköy-The Eagle Metro line also offered a new alternative to transportation brought the region closer to the center, and was one of the most important factors affecting unit sales prices in projects and increasing the value of the region. Especially in the Maltepe-Kartal line, it is thought that the new office projects built along the E-5 axis and the prestigious housing projects implemented will increase the number of people traveling to the region during the day, and the fact that there are many transportation alternatives and infrastructure projects such as the metro line accelerate the development in the region and positively affect the demand. is also considered.

The Courthouse, which is being built within the district borders and is expected to be put into service in the near future, is one of the most important projects that has made Maltepe and Kartal districts an attractive area, increased demand for the region and affected the buyer profile. The fact that the Courthouse is located in this region has caused many law offices, lawyers and various investors to invest in this region. Especially qualified housing investments are concentrated in this region. It has been determined that the owners who buy apartments for use in new housing projects in the region are mostly lawyers and will use the apartments for home-office purposes. The increase in the number of state and private hospitals in the region also causes doctors and nurses to show demand for the region.

With this project, it has been observed that qualified office projects have intensified especially around the courthouse and in the areas facing the E-5 highway, that prestigious housing projects have begun to be built in both Kartal district and Maltepe district, which is an interaction zone due to its proximity to this region, that investors are showing interest in the region and that the buyer profile in the region is changing rapidly. Many companies with brand value and high awareness have made investments in the region and will soon implement their projects. In the examinations made in the surrounding area, it has been observed that mixed projects with “Housing + Trade” and “Office” functions are generally included in the region.
When the prices in the region are considered in terms of housing and office prices, it is observed that unit sales figures in prestigious housing projects may change in average 2.000-3.000 USD / m2 levels depending on the location and characteristics of the project, and the unit sales figures of the offices depending on the same variables can be changed according to the same variables. 2.000 can be said to be in USD / m4.000.