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The Warsaw Voice » Real Estate » June 3, 2009
The Real Estate Voice
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Residential Market
June 3, 2009   
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Dom Development Results
Dom Development SA, one of the biggest residential developers on the Polish market, recorded sales of zl.190.6 million in the first quarter, with a net profit of zl.41.6 million. The company sold 106 apartments in the first quarter. It completed the construction of 398 apartments over that time.

Attractive Bemowo and Wilanów
A study carried out by redNet Consulting demonstrates that Bemowo and Wilanów districts in Warsaw are popular. Mokotów remains most popular among apartment buyers; 15 percent of people planning to buy an apartment said they were interested in this district. The districts on the east bank of the Vistula and Ursynów have become less popular.

At the latest tabelaofert.pl residential exhibition, held April 4-5 in Warsaw, redNet consulting polled apartment buyers. They included people with a stable professional position and income level. In comparison with the previous poll conducted in the fall of 2008, the 26-40 age group has increased from 50 to 67 percent of people interested in buying, with a significant drop in the 20 to 25-year-olds group. The proportion of households with a monthly income exceeding zl.5,000 has also grown, from 46 to 54 percent. Tighter mortgage loan criteria have limited the number of single people interested in buying an apartment. Last fall, nearly half of those planning to buy an apartment were single, while this spring the figure dropped to 35 percent.
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