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Setl City Leader in Bringing Property to Market in Quarter 1, 2017

2017 april 25

Setl City (part of Setl Group) put up for sale over 141,000 sq. m of housing in St. Petersburg and suburban areas of Leningrad Oblast in the first quarter of 2017, and became the leader of developers in launching its products. According to the St. Petersburg Realty Consulting Center, 50 property items in all entered the market in Petersburg and suburban zone of Leningrad Oblast in the first quarter of 2017, of a total floor area of 929,400 sq. m, which amounted to about 21,000 apartments. Six buildings of the fifty where the sales started are being erected by Setl City. They are new buildings in comfort class residential complexes: Planetograd in Moskovsky District of St. Petersburg, Clear Sky in Primorsky District, GREENLandia RC near Devyatkino subway station, London in the Seven Capitals community in Kudrovo, and the new project of MoreOkean RC in Primorsky District of the city. Apart from comfort class housing, early this year Setl City started the construction of, and St. Petersburg Realty started selling apartments in the elite Petrovsky Quarter on Water RC in Petrovsky Island. The project offers beautiful views. The buildings will be on a quay, so that most of the apartments will have a direct view of the Malaya Neva River. The commissioning of the complex is scheduled for the fourth quarter of 2019.

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Companies of Setl Group holding