In the primary market of Moscow, the offer of small -sized apartments is reduced
In less than a year in Moscow, a moratorium on the withdrawal of small -sized apartments with an area of up to 28 square meters. m of their supply was reduced by 24.2%. Now such housing is implemented in projects that previously received all permits. For the sale of small -sized residues, developers can take up to three years.
The volume of the offer of apartments is up to 28 square meters. m in the primary market of Moscow at the end of April 2025 amounted to 7.01 thousand lots, declining by 24.2% a year by the year. Such data is given by Metrium and Sis Development. In the overall structure of the exposition of new buildings, their share was reduced by 3.2 percentage points, to 12.4%. EST-A-TET analysts calculated that 3.7 thousand apartments up to 28 square meters are now sold within the old borders of Moscow. m. A year by the year, the value decreased by 24.5%, becoming minimal over the past two years. VSN Group CEO Yana Glazunova recorded a fall by 34%, up to 4.7 thousand apartments.
The city hall established a ban on the construction of small -sized apartments in Moscow from August 1, 2024. The minimum area of one -room lots, by decision of the authorities, is 28 square meters. m, two -room – 44 square meters. m. But in fact, the construction of houses with small apartments has not been agreed on May last year (see Kommersant on May 16, 2024).
The head of the “Cyan. Analytics” Alexei Popov notes that projects were stopped not at the stage of receipt of building permits, but in earlier stages. This allowed many objects to start after the ban. The founder of Sis Development Yaroslav Gutnov says that apartments are up to 28 square meters. m are now represented in 160 residential complexes against 141 a year earlier. In conditions of high cost of project financing, many developers postpone the start of construction after issuing permits, says Ruslan Syrtsov, managing director of Metrium.
Due to the preservation of the supply, the share of small lots in the structure of transactions in the primary market remains noticeable. Alexei Popov says that in January -March 2025, 15.5% of the transactions in the new building market of Moscow consisted with apartments up to 28 square meters. m. In the second quarter of last year, against the backdrop of excitement due to news about the ban on such housing, the indicator reached 17.4%. Whitewill top-cutter Ekaterina Levina says that small apartments in the primary market are rarely bought for permanent residence: this is the first housing for students or investments.
Sales Director of the Development company Mangazei Fedor Ushakov adds that due to low initial investments, such objects are interesting to investors.
Small-sized lots are traditionally considered more profitable for developers, including due to the high cost of implementation. Ruslan Syrtsov says that the average cost in the small -sized apartment of the mass segment, taking into account the New Moscow, is now 366.5 thousand rubles. per 1 sq. m. This is 7.5% higher than the average value for the primary market.
Alexei Popov explains that in the old boundaries of Moscow, microcavars for a year went up by 10%, to 418 thousand rubles. per 1 sq. m. This is a less pronounced dynamics than in the market as a whole, where the growth amounted to 14%, up to 403 thousand rubles. per 1 sq. m. The dynamics in the small -sized segment was quite heterogeneous: we were talking about the withdrawal of significant pools at prices below the market. In general, according to Mr. Popov, the increase in the cost of small lots is restrained by their limited functionality. “Living here is inconvenient, and surcharge for an additional 5 square meters. M radically changes the quality of life, ”he notes. After the abolition of a mass grace mortgage, investors became much less, the expert states.
Mr. Syrtsov believes that with the existing pace of sales for the sale of all small apartments, it will take a little less than three years. Alexey Popov believes that the process will take one and a half to two years. The head of the analytical direction of EST-A-TET Svetlana Komissarova notes that for some projects and locations, a complete abandonment of small apartments will become a stop factor in further implementation.
Consumers, however, can continue to buy small -sized apartments in the secondary market. Mrs. Komissarova says that in the first quarter options are up to 28 square meters. m formed 5.4% of the volume of the exposition of finished housing. At the end of last year, the value was 4.5%. This, according to the expert, is not only microcaring in already rented houses, but also apartments whose owners sell them in parts.
