Companies@UA: База компаний Украины

Kyiv, August 4 (Interfax-Ukraine) - The average price of land plots for the construction of houses in Kyiv region in July 2009 grew by 1.66%, to $3,729 per 100 square meters, according to SV Development consulting company (Kyiv).

The changes in average prices are based on actual purchase and sale deals in the corresponding region.

A rise in the prices of land plots was registered in all districts of the region, apart from in Ivankiv and Pereyaslav-Khmelnytsky districts, where the prices fell by 0.99% ($1,002) and 0.5% ($992) respectively.

The maximum rise in the price of land plots for construction was registered in Kyiv-Svyatoshyne District at 2.58%, where the average price of 100 square meters was $6,156. The minimum rise in the price was registered in Vyshgorod District at 0.02%, where the average price of 100 square meters was $2,864.

By August 1, 2009, the maximum price of 100 square meters of land was seen in Kyiv-Svyatoshyne District ($6,156), and the minimum price in Pereyaslav-Khmelnytsky District ($992).

The company said that the largest number of land plots for the period was offered in Kyiv-Svyatoshyne District (21% of the total number), while the lowest number of land plots was offered in Bila Tserkva, Baryshivka, Ivankiv and Pereyaslav-Khmelnytsky districts (1% each).

As reported, with reference to data from SV Development, over 2008 the price of land plots for construction in Kyiv region fell by 30-40%. An expert from the company forecast at least a 50% decrease in the average price of land for house construction in Kyiv region by the middle of 2010.

SV Development has been operating on the Ukrainian market since 2005.

Average price of land plots for house construction in Kyiv region in July 2009:

©Source: SV Development