The Increase in Housing Fees in Turkey Reached 51,98 Percent

According to the data obtained by Senyonet, the site, apartment and facility management software, from 280 thousand residences across Turkey, the rate of increase in subscription fees reached 51,98%, surpassing the June rent increase rate of 39,33%.

According to the Istanbul Planning Agency, the average rental price for rental houses in Istanbul reached 6 thousand 360 liras, while the rent increase rate in June was determined as 39,33%. According to the data obtained by Senyonet, the site, apartment and facility management software, from 280 thousand residences across Turkey, the rate of increase in subscription fees reached 51,98%. Senyonet CEO Mehmet Yıldızdoğan states that personnel expenses have the largest share in this increase, with approximately 70%, and that the increase in the minimum wage plays a major role.

Passed the Rent Increase Rate with 51,98 percent

According to the analysis of Senyonet, the site, apartment and facility management software used by approximately 280 thousand residences and 1 million people throughout Turkey; The average dues increase rate between June 2021 and June 2022 was 51,98%. According to Mehmet Yıldızdoğan, the high cost of security and the expenses of common living areas such as gardens and pools can cause the average increase in fees in large estates to be higher.

Increase in Expense Items of Site Management Plays a Big Role

Senyonet, a professional management software for the facility, site managers and residents, facilitates the monitoring of administrative processes and operational processes by providing the opportunity for residents to pay their dues mobile. Senyonet CEO Mehmet Yıldızdoğan, who said that according to the data analyzed from the application, consists of personnel costs, said that nearly 70% of the management expenses of the estate and apartment buildings, said, “When the minimum wage, which constitutes the majority of the management expenses, is considered together, the increase in the dues reached 51,98% and the rent increased. rate was inevitable. Considering the inflation, which reached 2022% as of June 73,50 according to TUIK data, there were also significant increases in other administrative expenses. Although the increase in dues is more than the rate of increase in rent, unfortunately, even these increases are not enough to cover the housing and apartment expenses in their current form.” in his statements.