In Ulaanbaatar’s Ger districts, residents like Bat-Erdene face harsh winter conditions in structurally fragile homes, relying on coal stoves that struggle to heat poorly insulated spaces. These informal settlements, home to over half of the city’s population, suffer from inadequate services, severe air pollution, and substandard housing. The resulting health impacts reduce productivity and workforce...
The Gerlug Green Apartments project will consist of four residential towers containing 252 homes in the Khan-Uul District of Ulaanbaatar.
The cost-of-living crunch is hitting people all over the world, but there’s no doubt the Mongolians have it hard. Over the past two years, inflation in the country has been in the double digits. It moved as high as around 16 percent in 2022. The average salary, meanwhile, is approximately USD 450 per month, with a low-level manager on average expected to make toward USD 480. Apartment rentals cost...
The average price per square meter of newly constructed apartments in Mongolia's capital amounted to 5.03 million Mongolian Tugriks (1,412 U.S. dollars) at the end of December, up 10.8 percent year on year, the National Statistics Office said Saturday. Meanwhile, the average price per square meter for second-hand apartments in Ulan Bator was 5.06 million Mongolian Tugriks (1,420 dollars) in December,...
Compare listings
Compare