Ulaanbaatar, Mongolia's capital, features a variety of older apartment buildings that reflect the city's historical and architectural evolution. A significant portion of these structures dates back to the 1970s and 1980s, when they were constructed with Soviet assistance. Known locally as "Ugsarmal Bair," these high-rise panel buildings were designed to provide modern amenities such as tap water, sanitation, and central heating. In Ulaanbaatar, these Ugsarmals are typically high-rise structures, while those in regional centers often have four floors.
Visually, these older apartments present a distinct contrast to the city's more recent developments. Photographs capturing the older apartment buildings near Ulaanbaatar's center highlight their unique architectural style against the backdrop of modern constructions.
For those interested in experiencing the ambiance of these older residential areas, several accommodations are situated within or near these historic buildings. For instance, the "Old city Apartment centre Ulaanbaatar" is a recently renovated guest house located in the heart of the city. It offers amenities such as free Wi-Fi and is within walking distance of major attractions.
Additionally, platforms like Airbnb list apartments in these older buildings, providing visitors with an opportunity to immerse themselves in the city's historical living spaces. Listings such as "Modern old town flat with direct bus connection" offer insights into the typical layouts and designs of these apartments.
For a broader selection, real estate agencies like Mongolian Properties specialize in both short-term and long-term rentals across various parts of Ulaanbaatar, including areas with older apartment buildings.
Exploring these older apartments provides a tangible connection to Ulaanbaatar's rich history and offers a unique perspective on the city's architectural heritage.
The apartment price index by 12.7 percent in February 2024 compared to the same period last year, according to the National Statistics Office. The price of new apartments rose by 7.4 percent year over year and by 0.2 percent compared to the previous month. Meanwhile, the cost of old apartments was a sharper increase, rising by 15.4 percent from last year and by 1.4 percent from the previous month. The average price per square meter of apartments now ranges between 4.4 million to 4.5 million MNT. Among districts, Sukhbaatar recorded the highest prices, with new and old housing reaching 5.61 million MNT and 5.67 million MNT per square meter. The district also saw the most significant increase in new housing prices, rising 31.1 percent compared to last year, while Khan-uul recorded the smallest increase at 3.9 percent. For old apartments, Chingeltei District experienced the highest price growth, with a 33.6 percent increase year over year, while Songinokhairkhan was the lowest rise at 12.6 percent.
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