3,675 flats are on sale across 23 Moscow skyscrapers at different stages of construction, representing roughly 7% of the total stock in the city’s older districts. This snapshot reflects a sizable slice of the market where buyers encounter a mix of ongoing builds, planned completions, and opportunities to invest in a changing skyline.
The bulk of tall-building projects are aligned with the business segment, totaling 12 complexes. Four developments fall into the business+ category, three towers are in the comfort class, and a single project sits in the premium segment, shaping the overall tier mix in Moscow’s high-rise market.
Prices in these tall buildings have risen markedly over three years. In 2022, average prices hovered around 415,500 rubles per square meter. They inched up by about 3% to roughly 426,800 rubles per m2 in 2023, and by 2024 the increase accelerated to approximately 498,900 rubles per square meter as demand for tall housing remained strong.
The skyline is expected to grow further as the city relaxes height limits. Experienced developers in tall-building projects are likely to take advantage of new opportunities, while not all players have the capacity to undertake very tall towers, and crossing the 150-meter mark tends to push construction costs higher due to added requirements and complexity.
The rise in costs is tied to additional technical floors and stricter fire safety and building system requirements, which add layers of expense and shape project economics for tall structures.
Market activity has continued through the autumn period, with developers advancing plans and commitments to bring new tall buildings closer to completion and to respond to evolving buyer preferences.
Earlier observations indicate that price increases are occurring in other major cities as well, signaling a broader trend toward higher urban housing costs and a shift in how buyers evaluate value in city living.