ECO NEW DEVELOPMENT
APARTMENTS AND HOUSING PROJECT
PROJECT SUMMARY
R E S U L T S O N A F F O R D A B L E H O U S I N G
HOUSING DEMAND IN ULAANBAATAR CITY 144,600 HH’s
Demand in GER areas
OFFER
Up to MNT1.5million/sqm
20 housing projects
2,100 HH’s
98,800 HH’s – loan
29,600 HH’s– without loan
16,200 HH’s– swap
Total: 144,600 HH’s
High and Medium real- estate market saturated
According to studies conducted by the ADB 60% of households
want to buy apartments with 8% mortgage loan at MNT1.2
million/m2 in average
Prefer to stay within their communities.
AFFORDABLE HOUSING
SHORTAGE IN GER AREA
144,600 HH’s
GREEN AFFORD ABLE HOUSING AND RESILIENT
URBAN RENEW ABLE PROJECT
Project Objective
TOTAL PROJECT FINANCING
Main Trunk Infrastructures
USD570.1 MILLION
Block Development
Institutional and capacity component
Establish mechanisms for delivery of affordable housing units stock stock;
II.
Improved urban redevelopment process and standards; and
III. Strengthened project management, and institutions for urban redevelopment
andAH.
MAIN ROADS NETWORKS
Water, heating, sewage
PUBLIC ANENITIES
Kindergarten Business incubator
The project will reduce pollution and greenhouse gas emissions
by redeveloping the ger-area districts and constructing
affordable eco- housing in Ulaanbaatarcity.
15% SOCIAL HOUSING UNITS
/MONTHLY RENT 125’000 TUGRIKS/ (USD 46)
55%AFFORD ABLE HOUSING UNITS
/М2 PRICE1’200’000TUGRIKS/ (USD 450)
30% MARKET RATE HOUSING UNITS
AFFORD ABLE HOUSING
Housing units Shops / offices
SECONDARY INFRASTRUCTURE
URBAN RENEWAL
Basic urban services Local public amenities
Parks/public space
Construction Cost Schedule
Total sets
5
Total Apartment
144560
Total Project Financial
$4Billion
PROJECT
CATERGORY
FEATURES
TOTAL HH's
ESTIMATED
BUDGET
CAPITAL EXPENDITURE /BY YEAR/
2019
2020
2021
2022
2023
2024
2025
1
Project type1
ENERGY EFFICIENT
92,000
$2,070,000,000
$250Milliom
$500Million
450Million
450Million
420Million
2
Project type2
POWER
FREQUENTLY
50,000
$1,803,750,000
$250Million
$250Million
250Million
350Million
350Million
363.75Million
3
Project type 3
PASSIVE3
2,500
$116,025,000
38.025Million
26Million
$26Million
26Million
4
Project type 4
PASSIVE2
40
$5,505,000
1.8Million
1.8Million
$1.905Million
5
Project type 5
PASSIVE1
20
$4,720,000
1.5Million
1.5Million
$1.72Million
6
TOTAL BUDGET
144,540
$4,000,000,000
$500Million
$750Million
$700Million
$838.025Million
$799.3Million
$383.05Million
$29.625Million
The project impact is in line with the Ulaanbaatar City Master Plan, Ulaanbaatar 2020 Master Plan and Development
Approaches for 2030, the Green Development Strategic Action Plan for Ulaanbaatar 2020, the National Program for
Reducing Air and Environment Pollution 2017 2025, and the Affordable Housing Strategy of Ulaanbaatar. The project
outcome will be an increased access to low carbon and resilient eco-district and green affordable housing in ger areas.
900,000
1.4Million
IMPACT, OUTCOME, OUTPUTS
The indirect beneficiary are estimated to 900,000 people in Ulaanbaatar
that will also benefit in the short term through replication investments
triggered by the enabling framework created by the project and improved
access to services, urban climate resilience, and decrease in air pollution.
100,000
The direct beneficiaries are expected to reach 100,000 people that will
directly benefit from living in low carbon and climate resilient affordable
housing units, living and working in improved and better adapted urban
environment and more resilient and healthiest urban areas.
The co-beneficiaries from the greenhouse gas mitigation, improved climate
resilience of the city, and reduced air pollution, are the residents of
Ulaanbaatar, that is 1.4 million people (forecasted to reach 2.7 million by
2050) or 45% of the population of Mongolia.
Company profile
GANERI LLC
Address: 12th khoroo Songinokhairkhan district, UB Mongolia
Phone: +976 80 983883
Email: biz@ganeri.com.hk
Branch Office
GANERI LIMITED
Address : 6/F Block B Wah Tat Industrial Centre No,8 Wah Sing Street Kwai Chung New Territories, Hong Kong
Phone: +852 6353 6969
Email: biz@ganeri.com.hk
GANERI LLC is established in 2018 Ulaanbaatar Mongolia.
GANERI LLC manages housing projects investment, consulting,international trading businesses.
Branch in Hong Kong.