TOKİ Announces 540 Properties Across 51 Cities: Deposit Structure and Market Impact

TOKİ opens 540 residential and commercial assets in 51 provinces, offering a new pricing model with deposit fees ranging from 80,000 TL to 3,000,000 TL.

Revitalizing Turkey’s Housing Market

TOKİ’s move is seen as a large-scale public‑private partnership aimed at boosting housing demand in 2024.

Refined Deposit Strategy

■80,000 TL: for properties up to 2,499,999 TL

■200,000 TL: for properties between 2,500,000 and 3,999,999 TL

■300,000 TL: for properties between 4,000,000 and 6,999,999 TL

Participation Process and Banking Collaboration

Applicants must deposit the required amount at all branches of T. Halk Bank A.Ş. and T. Ziraat Bank A.Ş. before the auction.

Market Implications

■Potential short‑term pressure on housing prices

■Increased cost of collateral for bank loans

■Short‑term increase in housing supply, improving demand‑supply balance

Murat Yıldız: TOKİ’s expansive sales strategy increases liquidity in the housing market while changing investors’ risk perception due to rising bank collateral costs. The geographic spread across 51 provinces will help balance regional housing supply.