05.03.2008
The year 2007 was characterised by recovery of new development within the prime residential market. Whereas only 7 new projects were announced in 2006, the number of prime residential complexes announced in 2007 was over 20. Most of them are scheduled for construction in 2008–2009. The market will only benefit from the many new projects as this helps to balance future price growth in the prime residential segment.