PRICES OF OLD APARTMENTS HAVE RISEN BY ABOUT 55% OVER THE LAST 3 YEARS

 

As of December 2025, the average price per square meter of new apartments reached MNT 5.03 million, according to the National Statistics Office. This represents an 8.1% increase compared to the same period last year and a 44.1% increase over the past three years.

Meanwhile, the average price of old apartments has slightly exceeded that of new ones, reaching MNT 5.06 million per sq.m. Prices have risen by 17.7% over the past year and nearly 55% over the past three years, further limiting citizens’ ability to purchase housing.

In response, UBIM is working to deliver affordable, long term, and sustainable housing solutions through EDAF (Eco District & Affordable Housing Fund), a fund in which the company holds unit rights, aiming to protect citizens from rising market prices.

Within the framework of EDAF, , UBIM is implementing projects that:

develop housing at costs below market prices,

prepare locations with full engineering infrastructure,

introduce green and energy-efficient solutions,

apply innovative financing models through public private partnerships (PPP),

thereby gradually delivering projects that directly address the real housing needs of Ulaanbaatar residents.

This policy of UBIM serves as a strategic solution to protect living standards and financial affordability for citizens amid rapid housing price increases.

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