Real Estate News
BUILDERS WORRY ABOUT CORRUPTION IN APARTMENT SALES Print E-mail

Construction companies are nothappy that the Government wants to use the Apartment Financing Corporation toexecute its program to buy 4,000 apartments and then sell them to its ownemployees. This will certainly help builders but they worry that the wholeprocess will be marked by favoritism and corruption. Ya.Battseren, executivedirector of the National Construction Association, told media on Monday thatthe investment of MNT200 billion will be shared by the Ministries of Finance,Road, Transportation and City Development and the Metropolitan Governors’Office. 


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The Most Anticipated Luxury Residence is NOW COMPLETE! Print E-mail
One of the most luxurious residential apartment The Temple Residence is now complete and ready to welcome its first residents. As we all know, the residence is located in the heart of the city and features the best view including the Central Park, Choijin Lama Temple and Bogd Khaan Mountain to the south.

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The Next Big Thing Print E-mail
the_olympic_residence.jpgMongolian Properties is currently creating two other developments . The Olympic Residence is their newest project, and work on it has started just a few metres down the road from the Regency Residence. It will be a large striking residential building with apartments, penthouses, restaurants, retail and other facilities such as banking.  The Olympic Residence will be completed in December 2010 and is now selling.


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The Regency Residence Is On the Road For Completion This Year Print E-mail
regency-frontpage.jpgUlaanbaatar's most luxurious residence will be complete and ready for you to rent a home in this January. Work has started on the interior of the building, and the exterior as you can see will soon be finished.
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