Parliamentary investment describes the prices of apartments in Baghdad as imaginary..more expensive than Tokyo

January 9, 2023

Baghdad / Obelisk: The Parliamentary Investment Committee described, on Monday, January 9, 2023, the prices of apartments in the capital, Baghdad, as “imaginary.”

The deputy head of the committee, Hussain Al-Sabri, said: “We have noticed that there are prices for apartments at fantastic prices, even more expensive than those in the Japanese capital, Tokyo.”

He added, “This matter prompted us to demand that a price be set for the housing units, taking into account the technical situation and the materials used in the construction.”

Al-Sabri stressed “the need to set a reasonable profit margin and fix unit prices, after which projects will be announced to be offered at reasonable prices to citizens.”


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