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Category: City & Regions
Sweden is ready to provide 80 million kroner (about 7.3 million euros) for the PACE Local project “Local Public Administration and Civic Participation, Logos Press reports.
The ownership of the city of. Seven land plots and more than 50 buildings belonging to the state will be transferred to the ownership of Stauceni. This initiative of the State Property Agency was supported by a relevant governmental resolution.
The demand for rental housing traditionally grows in the fall. As a rule, at the beginning of the academic year it is fueled by students who do not want to live in a dormitory and are looking for a rented apartment. Real estate market operators in Chisinau in this regard predict an increase in rental costs by an average of 10-20%. At the same time, they note that they are talking mainly about the cheapest segment, as students are not interested in expensive apartments.
The Cabinet approved the finalization of the Unified Program Document for 2025-2027, which will fund 95 new local and regional development projects across the country, Logos Press reported.
Chisinau’s public transport carries almost half a million passengers daily, of which more than 270 thousand use free transportation, Logos Press reports.
The city villas of Herz and Kligman, which are historical and architectural monuments of national importance, will be restored with the help of France, Logos Press reported.
According to Veaceslav Ionita, an expert in economic policy at IDIS Viitorul, Chisinau has one of the lowest affordability of apartments compared to European capitals. To buy an apartment of 70 square meters in the first and second quarters of 2025, 15.5 and 14.8 average annual salaries were needed.
In Moldova, half of the workers are concentrated in the capital – here the salaries are twice as high as in the districts, Logos Press reports.
The cost of land plots in Chisinau has increased by almost 60% over the year. The reason is the acute shortage of supply and the sellers’ requests that defy logic.
The works on the construction of the highway bridge in Ungheni are on schedule and should be completed on time. This is important for the Moldovan and Romanian authorities, as the completion of the project will be a historic moment – for the first time in the last 60 years, a new highway bridge will be built across the Prut River. That is why it has a symbolic name – “Bridge of Flowers”.
The project to restore the Byk River may receive a number of tax and customs privileges in order to reduce costs and ensure more efficient implementation. The relevant draft government resolution has been put up for public discussion.
Moldova’s real estate market is overheated. This is a given. Specialists and economists speak about it, statistics confirms it.
