immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Eigentumswohnung

  • Condominiums are more expensive than single-family homes

    Condominiums are more expensive than single-family homes

    ImmoScout24 introduces a press release on the current ImmoScout24 Purchase Index by stating that the trend towards home ownership is continuing. It is compiled monthly by the property marketplace, which belongs to SMG Swiss MarketplaceGroupAG, in collaboration with IAZI, a consultancy specialising in real estate. The current purchase index for May shows an increase in prices compared to April for both condominiums and single-family homes.

    At 0.8 per cent, prices for owner-occupied flats rose much more sharply across Switzerland than prices for single-family homes (0.3 per cent). However, the experts have identified significant differences within the individual regions. “The choice is currently particularly large in the Lake Geneva region,” Martin Waeber, Managing Director Real Estate at SMG Swiss Marketplace Group, is quoted as saying in the press release. “By contrast, supply is tightest in the greater Zurich region, one of the three most populous areas in Switzerland.”

    In the greater Zurich region, prices for single-family homes have risen particularly sharply by 3.9 per cent month-on-month. Eastern Switzerland is at the other end of the scale. Here, prices fell by 2.1 per cent compared to April. Eastern Switzerland, on the other hand, led the way with a 2.7 per cent increase in condominiums. The Mittelland brought up the rear here with a fall of 0.7 per cent.

    ImmoScout24 is a division of SMG Swiss Marketplace Group AG. This combines the digital marketplaces of TX Group, Ringier and Mobiliar.

  • Selling a condominium? Top in the agglomeration, patience in the countryside

    Selling a condominium? Top in the agglomeration, patience in the countryside

    The latest edition of the Online Home Market Analysis by the real estate portals Homegate and ImmoScout24 in collaboration with the Swiss Real Estate Institute (SwissREI) analyses the listing data for condominiums for the year 2022. The listings analysed come from several large real estate portals in Switzerland and thus comprise the majority of all online listings for the period under review.

    Number and duration of listings declines
    While the listing duration of condominiums remained above 80 days during the Covid19 pandemic, it has now declined again by eight days to 77 days nationwide for 2022. At the same time, there was a five-percent decrease in supply to a good 70,000 properties. The combination of these two values shows that, viewed across Switzerland as a whole, demand for condominiums has increased in 2022.

    For Martin Waeber, Managing Director Real Estate at SMG Swiss Marketplace Group, the results of the current analysis show the robustness of the Swiss real estate market: “Home ownership is and will remain a sought-after but limited commodity in Switzerland. For despite significantly higher financing costs, condominiums sold faster again last year than in the previous year”. With the exception of the regions of Ticino and Geneva, the length of time for which condominiums are held has shortened, in some cases significantly, in the majority of the regions surveyed. “On the one hand, this shows the continuing and even increased demand for condominiums. On the other hand, real estate platforms such as Homegate and ImmoScout24 are the best possible way to avoid missing out on offers in a highly competitive market and to maintain an often time-critical lead,” Waeber continues.

    Listing times in the regions are levelling out – except in Ticino
    Looking at the individual regions of Switzerland, the range in listing times has narrowed over the past year. In other words, the Swiss real estate market is becoming more balanced in terms of condominium sales. Condominiums continued to sell fastest in the Zurich region, namely within 43 days. This value remained unchanged compared to 2021. In six other regions, the time it took to put an apartment up for sale fell by between five and 17 per cent. The situation is different in Geneva, where the average listing time increased slightly by just under two per cent. Ticino continues to be decoupled from the other regions. Here, the already longest duration of listings increased by another seven per cent last year.

    Almost nationwide increase in demand for condominiums
    The combination of changes in the duration of listings and the number of listings allows conclusions to be drawn about demand in Switzerland as a whole and in the individual regions. In the Zurich region, for example, a 13-percent increase in the number of advertisements was registered compared to the previous year. Since, despite this increase in supply, the duration of listings in Zurich did not increase to the same extent – but on the contrary remained unchanged between 2021 and 2022 – an increased demand for condominiums in this region can be deduced from this.

    With one exception – Ticino – the same picture emerges for the remaining regions of Switzerland: for 2022, they all record a combination of housing duration and number of units, which places them in the area of increasing demand. In Ticino, on the other hand, condominiums had to be advertised for nine days longer last year with an almost unchanged supply until sale. It can therefore be concluded that demand is decreasing in this region.

    Agglomerations clearly stronger in trend than rural communities
    Differences in the demand for condominiums are not only evident with regard to the regions, but a clear picture also emerges when comparing the types of communities: while in the communities in the first agglomeration belt (“suburban communities”) seven of the eight regions examined show an increased demand for residential property, in contrast, a weakening demand was frequently observed in the “rural commuter communities”. The rural communities in the regions of Espace Mittelland and Ticino suffered a particularly strong decline in demand. On the other hand, demand only increased in Zurich and central Switzerland. The situation is completely different in the suburban municipalities: here it is only Ticino where demand declined slightly, even in the agglomeration.

    For Peter Ilg, head of the Swiss Real Estate Institute, it is astonishing how quickly the real estate markets have developed “back to normal” after the Covid19 pandemic: “During the pandemic it was often claimed that an irreversible trend towards a new world of work had begun. Just one year later, we see that this is hardly the case. Home office is already being significantly reduced again in most, especially smaller, companies. This is also reflected in the change in demand for condominiums: rural communities are once again less in demand, while those around the centres are once again much more in demand.”

    Source: https://swissmarketplace.group/de/

  • Centurion Tower: Tight as an officer

    Centurion Tower: Tight as an officer

    With its clear volume, the new high-rise integrates itself as a matter of course into the urban structure of the new “Vision Mitte” quarter. It takes up the lines of the surrounding buildings and forms, so to speak, the last piece of the puzzle in the large cluster of buildings of the university of applied sciences and office and industrial buildings on this site. The building was not named after the number of flats, of course, but after the famous Roman excavation site in Windisch (Vindonissa).

    The right type of wall for every use
    The 16 condominiums are located on the top four floors of the tower, the 116 rental flats on the 3rd to 10th floors. On the lowest three floors, the Centurion Towerhotel with 66 flats and rooms meets the needs of many regional businesses as well as the neighbouring technical college. These different uses are reflected not least in the materialisation and design within the building. The tower was raised as a skeleton structure and completely finished with non-load-bearing gypsum drywall systems.

    The (almost) all-rounder
    Hydrophobised Rigips® Habito board plays a central role in the kitchens and wet rooms of the condominiums. It is probably one of the most versatile gypsum boards available and is suitable for residential, office and commercial construction, but also for hotels, hospitals and schools. During development, the focus was on an optimal room climate and easy processing. The revolutionary product was uncompromisingly optimised for these properties and equipped with the best performance data and a wide range of applications. The board is very robust, fire-resistant, sound-insulating, ecologically sustainable and efficient to work with.

    A lot of planning and conversion freedom
    As soon as a brick wall is replaced with the Rigips® Habito system, the advantages multiply. There is no need to measure and install load-reinforcing wall inserts, because force loads such as furniture, pictures or TV screens can be screwed on directly without dowels. For the same reason, there is no need to determine the wall inserts at an early stage, which increases planning freedom. Habito is therefore as stable as a Roman legionnaire or as a conventional solid wall. With all these strengths in terms of building physics and con-
    struction, thanks to planning with gypsum drywall systems, there remains sufficient flexibility for later conversions if the utilisation requirements of individual rooms or even floors should change.

    Gypsum drywall construction has also long been able to keep up at this level.

    ABOUT RIGIPS
    Rigips is a pioneer of dry construction in Europe and part of the Saint-Gobain Group, one of the most traditional and innovative industrial groups in the world. In Switzerland, Rigips AG is the leading producer and supplier of gypsum drywall systems and a reliable supporter in the planning and execution of sophisticated interior design solutions. Plasterboard systems from Rigips AG are developed to successfully and sustainably realise the goals of customers and partners.

    www.rigips.ch


  • Home prices continue to rise in the 4th quarter

    Home prices continue to rise in the 4th quarter

    The prices for owner-occupied residential property rose significantly in Switzerland in 2021. According to the Raiffeisen Switzerland transaction price index, this dynamic rise in prices continued in the fourth quarter. According to a press release , private homes were 1.6 percent and condominiums 1.8 percent more expensive than in the previous quarter. Calculated for the whole year, i.e. compared to the 4th quarter of 2020, prices for single-family houses rose by 10.3 percent. Condominiums were 7.2 percent more expensive than a year ago.

    “The price dynamics on the market for owner-occupied residential property will therefore remain high. Prices are rising across the country and in all types of communities, ”Martin Neff, chief economist at Raiffeisen Switzerland, is quoted as saying. The price development is strongest in tourist regions.

    According to the quarterly published index, house prices in tourist municipalities rose by 13.6 percent within one year, much faster than in other types of municipalities. In the case of condominiums, too, prices rose the most in tourist communities, with a plus of 12.3 percent. Condominiums were also 9 percent more expensive in the major centers year-on-year.

    Broken down by region, the price pressure is highest in the Eastern Switzerland region with a plus of 13.3 percent, followed by the Central Switzerland region (+11 percent). In the regions of Bern (+5.5 percent) and Lake Geneva (+5.8 percent) the price increase was lower. In the case of condominiums, prices rose the most in the southern Switzerland region, at 9.4 percent. Western Switzerland recorded the lowest price increases of 5.8 percent compared to 2020.