Ronson hopes to improve sales in coming quarters
17:07
Residential developer Ronson Development sold a total of 546 apartments in the first three quarters of this year, compared to the 658 apartments sold in the same period last year, which represents a y/y decrease of 17 percent. However, the total value of the sold apartments went down by only 4 percent y/y as the average price of the housing units offloaded by Ronson in Q1-Q3 2016 increased to PLN 433,000, up from PLN 375,000 in Q1-Q3 2015. In the January-September period, the best sales results were recorded in the City Link (155 apartments sold) and Espresso (116) projects in Warsaw, and in the Kamienica Jeżyce (68) project in Poznań. According to the developer, the decrease in apartment sales in Q1-Q3 resulted from the depleted stock, which the company has been replenishing in recent months.
Since the beginning of the year, Ronson has launched the sales of a combined 921 apartments in seven projects. As a result, at the end of September, the company had 1,256 apartments on offer. This record figure should translate into improved apartment sales results in the coming quarters, Ronson said in a press release.
