Far Eastern Mortgage helps regional companies in the implementation of projects for the construction of high-quality modern housing

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Ministry of Regional Development of Russia 21 March 2024 15:05

The program of preferential loans to young families has become a popular tool for buying high-quality modern housing in the Far Eastern Federal District: here every second apartment in a new building is purchased with funds from the Far Eastern mortgage. These high figures are confirmed by statistics from leading regional developers, many of whom use preferential regimes of the territory of advanced development (TOP) and the free port of Vladivostok (SPV) to conduct business. Thus, over 65% of apartment purchases for all facilities of the resident of the SPV LLC SZ Emerald (part of the New House Group of Companies) are carried out at the expense of the Far Eastern mortgage. The key projects of the company are modern low–rise residential complexes "Village-Park Vesna" and "Andersen" in the area of Startseva St. in Vladivostok.

The Zhukov family from Vladivostok was able to improve their living conditions by buying an apartment in the residential complex "Village-Park Vesna" on a preferential loan with an unprecedented low rate. Vera and Alexander Zhukov are 35 years old, they work in the construction industry, and their son Arseny is growing up in the family.

"The mortgage has allowed us to radically change our lives in terms of household comfort," he says Vera Zhukova. – For the first time after the wedding, we lived with our parents - which, you must admit, is not the best option for a young family. With the advent of the child, they began to think seriously about their own apartment, about options for purchasing modern and comfortable housing. The "Far Eastern mortgage" was the best option in terms of conditions, we did not even consider other programs. This is the minimum interest on the loan, an understandable down payment amount, and a comfortable repayment period. After studying the proposals of the developers, our choice fell on the residential complex "Village-Park Vesna". What attracted me: the low-rise buildings, children's and sports grounds thought out to the smallest detail, an enclosed courtyard, a private park inside the residential complex. The location is pleasing – the proximity to the city and important infrastructure facilities: large shops, pharmacies, schools and kindergartens. We have wonderful neighbors: young, active families, similar to ourselves. And this is the key to creating a kind and friendly community. We are glad that in the Far East, in our hometown, the number of modern residential complexes is growing, and most importantly, support measures for young people are appearing and working, which help make their dream of comfortable and high–quality housing a reality."

Deputy Director General of the Corporation for the Development of the Far East and the Arctic (KRDV) for the support of investment projects Sergey Skali: "In the Far Eastern Federal District, construction companies are successfully putting modern residential complexes into operation with the help of state support measures in the status of residents of prefremes. The Corporation helps resident developers to ensure that the benefits and preferences provided for by the TOP and SPV regimes fully help them in solving production tasks. It is important that government support measures in the construction sector work comprehensively and complement each other. Thus, over 65% of apartment purchases for all facilities of the resident of the free port of Vladivostok, LLC SZ Emerald, are carried out with the help of the Far Eastern mortgage, which has become a sought-after, proven and convenient tool for buying high-quality modern housing. Preferential conditions for doing business by construction companies work to increase the volume of housing commissioning in the Far Eastern Federal District, and ultimately to improve the social sphere, to improve the quality of life of Far Easterners."

At the recent All-Russian competition for the TOP residential complex, the new project of the resident of the Emerald SPV, the Andersen complex took two prizes: "The best residential complex-new building in Primorye" and "The best residential complex-new building in the field of medium-rise construction in the Far East".

"We are proud that our residential complex was appreciated by the professional community and recognized as the best residential complex among all the facilities presented from Primorsky Krai in 2024. Such a high assessment motivates further development. A small-scale low-rise environment forms psychological comfort for a person, nature nearby brings tranquility and tranquility, and the combination of bright architecture and thoughtful functionality creates a stylish modern atmosphere. For the convenience of future residents, we are launching a "Neighborhood Center" in Andersen in a new concept that includes the operation of a shuttle bus, which will solve important infrastructural and social tasks. School buses are already running to our district, they take children to the 37th school. This is appreciated by parents of schoolchildren from the residential complex "Vesna", which is located next door. Apartments are being sold in good dynamics: our buyers are actively using the opportunities of the Far Eastern mortgage to purchase modern housing on the most comfortable terms," says the director of the Novy Dom Group of Companies Vladimir Torov.

In the Far Eastern Federal District, the Far Eastern Mortgage program continues to show consistently high rates of implementation.  According to the KRDV, today more than 100 thousand families have been able to purchase or build their own housing in the Far East with the help of this measure of state support. Most of the "Far Eastern mortgages" are issued in Primorsky Krai (27 thousand), the Republic of Sakha (Yakutia) (22.1 thousand) and Khabarovsk Krai (13.5 thousand). The total amount of loans issued in the district amounted to 452.5 billion rubles. For the purpose of individual housing construction, banks have issued 15.6 thousand loans in the amount of 83 billion rubles. Yakutia is the leader in this segment among the regions of the Far Eastern Federal District, where banks have issued more than 7 thousand loans for the construction of their own houses.

Please note that this press release is based on materials provided by the company. AK&M Information Agency shall not be held liable for its contents, nor for the legal and other consequences of its publication.