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On Might 4, the Building Improvement heart introduced details about the revival of the development trade and
housing costs throughout a press convention. Founding father of Barilga.mn G.Batsukh mentioned, “The development trade’s development and decline lags behind the expansion and decline of the financial system. There was a small bump in the course of the pandemic and the development works haven’t began a lot. Nevertheless, building work is now beginning and recovering from this month.
Throughout the pandemic, the demand for housing and actual property elevated due to the 10-billion financial stimulus program, the rise within the quantity of mortgage loans and the inflow of money. The costs of new and outdated flats have elevated accordingly. There is no such thing as a regulation to regulate this as there’s a secondary buying and selling of the actual property market. As for residents, they’re answerable for the rise and fall of costs primarily based on the precept of provide and demand.”
The worth of constructing supplies rose by a median of 85 % in the course of the pandemic. The price of the funds has additionally elevated by this quantity, so the value of latest housing has undoubtedly elevated. There are additionally corporations which have raised their costs on constructing new homes. In 2023, the quantity for mortgage mortgage dropped, and there a financial coverage to cut back money within the financial system was carried out. In accordance, the costs of flats and actual property are lowering.
G.Batsukh then mentioned, “It may be understood that the costs of flats are anticipated to drop as the costs of imported building supplies are lowering.”
He additionally gave info concerning whether or not the import situations have returned to normalcy and famous, “70 % of the full import items and supplies come from Zamyn-Uud port. Because the highway port opened, the turnover of products has improved, and the price of transportation has decreased. Nevertheless, the carrying capability of the truck is restricted. Up to now, 50 tons of cargo was loaded on one truck, however now it’s restricted to 25 tons. This will increase the price of transportation. Cargo transportation shouldn’t be as massive because it was earlier than the pandemic. As for railway, there aren’t sufficient wagons in China, and there’s a one-month ready interval.”
BUILDING MATERIAL RESEARCH CONDUCTED
On the press convention, Head of the Building and Constructing Supplies Manufacturing of the Building Improvement Middle D.Batnyam knowledgeable of the standard of constructing supplies. His info said, as for Mongolia, many of the construc-
tion supplies are obtained from China and Russia.
Building materials worth analysis is introduced in two to 3 varieties. As a result of the pandemic, the value enhance in con-
struction supplies brought about enterprises issue. In line with the minister’s order, a worth survey of 890 kinds of building supplies was carried out, and the value enhance of enterprises was additionally calculated.
At present, the value of building supplies is comparatively steady. Rebar costs fell by 12 %, whereas cement costs
remained steady. Nevertheless, the value did not attain the pre-pandemic stage. Within the future, the value of constructing supplies will
lower.
D.Batnyam says concerning the constructing materials high quality, “Consideration is paid on building high quality and inspections are carried out. A current reinforcement inspection revealed a number of irregularities. In line with the Legislation on Building, the standard of constructing supplies is decided by the certificates of conformity. The requirement to acquire a certificates of conformity is imposed on home and imported items.”
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