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Is the real estate market booming? |
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How has the Ulaanbaatar real estate market developed recently, from nothing to what seems to be a boom? Yes currently the market is developing and land in the centre of the city has become rather precious. From sight it looks like a property boom is currently underway in UB, however we believe this is just a normal expansion of apartments in a city that has a dire scarcity of apartments available for its citizens.
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