Housing supply sector C decreased by lack of land

Dying announced? The decrease in the supply of housing for the C sector is the result of the growing demand in this segment and the lack of land to continue building.

According to Ricardo Arbulú, CEO of Goodwill Real Estate Consultants, lack of available land and excessive rise has caused to property developers will no longer be as profitable business.

"Right now, it is very difficult to put together a project for the C segment because there is affordable land with access to basic services, zoning to allow greater eight floors and proximity to public transport height," said Arbulú.

"The current offer is more concentrated in higher segments, while not the most dynamic"
On the other side, the Capeco director explained that the C segment comes mainly Mi vivienda subsidized projects for units ranging from S /. 120,000 to S /. 180,000.

The areas where these departments are currently located Carabayllo, Los Olivos, Closed, Brena, Ate, Santa Clara and Chorrillos.

Despite the problems with construction companies to develop projects in this sector, demand will grow about 5% this year, depending on the growth of the economy.

Housing supply sector decreased by C lack of land
The finishes of the departments of C sector are the same as those of A and B.

"In Peru it is estimated that this year there will be a sale of 40,000 homes, where only 20,000 Lima focus. The current offer is more concentrated in higher segments, while not the most dynamic, "he said.

What values ​​the C sector?

This segment looks for a secure and accessibility to public transportation (or Metropolitan Electric Train) housing because they work in San Isidro and Miraflores.

"They also look for convenience in your investment. That is, the price is reasonable and fit with what they can afford, "said the businessman.

Further improvements

Ricardo Arbulú said that thanks to healthy competition in the property market in the segments B and C, have been standardized common areas for all projects. "For example, now there is no project that does not have a gym, games room, park Inside, among others. "

The finishes of the departments have improved, as laminate flooring and porcelain are used for both the C sector and the A or B, where only changes the footage. For example, the first is 85 meters and the second 200 meters.

Serious shoppers

Customers are more demanding in design and decoration, have greater knowledge of the property market, the sales service and the financial system (on endorsement of insurance policies, compare rates and fees).

Housing supply sector decreased by C lack of land


A situation of the sector

At the other end, during the first quarter of 2015 purchase low numbers of departments in sector A were recorded, according to sales manager of Inmobiliaria La Venturosa, Pilar Cano.

"One of the main reasons was the low access to bank credit. Banks were more jealous when lending to such buyers. And it is that a home as demanded by this segment requires an average monthly income of S /. 15,000, which must avail himself with payslips "revealed Cano.

However, this situation would change in the second half of this year. "We are more optimistic that from August demand and home sales for the segment A will rebound," said the sales manager.

Fuente: Gestión.pe