Sector at Glance

Sector at Glance

The real estate market in Mongolia is expected to expand significantly in the coming years, in part to increasing incomes and rapid urbanization created by the country’s mineral wealth. With the capital city expected to be home to more than half of the population by 2030, Ulaanbaatar will be the focus of this surge in real estate growth. There are several factors expected to lead people to leave traditional nomadic herding lifestyles and move to the city.

 

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