Mongolia Properties

Work is continuing apace on the Regency Residence - as seen here, the outside is well on the way to completion, with the outer layers of weatherproofing done and the exterior painting work more than half complete. Just in time for the cold weather, during which the construction workers will move on to the interior finishing. Inner walls have already been put in place. The large windows seen above on the very front of the building will be put into their gaps now to block out the freezing air - they had been left open to facilitate bringing materials into the higher floors of the Regency.  

The Regency already makes an impressive addition to the city skyline - and will be even more splendid on its completion in Spring. If you are interested in renting and apartment in this fantastic development, complete with shopping, dining, a gym, and underground parking please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , or phone +976 99 094777 , +976-99086899 , +976 99074007 for Mongolian,German and English,  or +44 7866 937853 for UK buyers. 

The Temple Residence, which is rising right behind UB Mart department store, is being built by Mongolian Properties Constructions Co., Ltd. Its construction work is at 70 percent and is a few months away from its completion. The building is located in the heart of the city and the surrounding view includes Central Park, Choijin Lama Temple and Bogd Khaan Mountain to the south. The unique sides of the Temple Residence is its central location, which is close to all kinds of services, it’s tall windows reaching from floor to ceiling and the penthouses which have a built-in fire place inside. The first floor of the building will be Altan San brokerage firm’s office and from the 2nd floor to the top will be residential, having 2 condos on each floor. 

Mongolia’s long awaited oil factory is finally going to be built in Darkhan city. Its construction will begin in 2009 and it will launch in 2012.

For the Mongolians, who are always in shortage of fuel supply, having an oil factory built is of course great news. The introduction of the “Technical-financial valid report for oil factory construction” project, which was done by the Japanese Toyo Engineering Corporation by request of Mongolsecue Co., Ltd, was held in the Ministry of Energy and Resource.

THE REGENCY RESIDENCE IS ON THE ROAD FOR COMPLETION IN THE NEW YEAR

Ulaanbaatar's most luxurious residence will be complete and ready for you to rent a home in this January. Work has started on the interior of the building, and the exterior as you can see will soon be finished. The Regency Residence is the ideal home for all seasons - when you move in this New Year, you won't have to brave the cold of winter, as the first two floors will contain high quality dining and shopping facilities, as well as a health club with gym, sauna and steam room. Once it gets to summer, you will enjoy having breakfast on your own balcony while gazing out at the Bogd Khan mountains, and sitting out on the large terrace with a coffee from the ground-floor cafe, or a delicious meal and glass of wine from the restaurant.

There are still a few apartments available to buy, - email This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or telephone +976 99 647 627 for English, +976 99 086 899 or +976 99 094 777 for Mongolian.  For rentals, please use the same contact details.

Welcome to the site of Mongolian Properties.

Mongolian Properties is the largest Real Estate Agency based in Ulaanbaatar. We offer a wide variety of services ranging from residential and commercial sales and rentals to property management, real estate developments, interior design and professional furnishing services. We have a varied team of property specialists who can answer your queries in a wide range of languages in a number of countries. Mongolian Properties is represented in over 15 countries around the world, contact us to find out where your nearest agent is located. We look forward to hearing from you soon, browse the website, if you have any questions please do contact us.

There were no more riots last night after President Enkhbayar took measures to control any further outbreaks of violence. The curfew and alcohol restriction meant the people of Ulaanbaatar retired to a quiet night at home, despite rumours during the day that there may have been plans to repeat Tuesday's protest in Sukhbaatar Square.

Today (Thursday), there is no longer any military presence in most of the city, which was unaffected by Tuesday's events, and the traffic is back to normal. 

On Tuesday 1st of July, a protest in Sukhbaatar Square turned violent, ending with the headquarters of the Mongolian People’s Revolutionary Party (MPRP) and a few other nearby buildings being set on fire, and, tragically, five deaths. This prompted President Enkhbayar, on advice from government and law enforcement officials, to declare a ‘state of emergency’, lasting from 11.30pm that Tuesday to midnight the following Saturday.

The ‘state of emergency’ gave the government the right to use force to control any more violence, as well as imposing a curfew and banning alcohol sales, for the four day period. This measure was taken as a precaution against any further incidents occurring, and was successful in its outcome. Despite how things may have appeared on some news broadcasts, the disturbance on the night was limited to the Square, around which stand the government buildings. By morning the city was by all appearances back to normal apart from some military presence and heavier traffic, both of which had disappeared by the second day of the ‘emergency’.

The protests were sparked by Monday’s release of some preliminary results from Sunday’s election, which gave the MPRP a majority with 43 out of 76 parliamentary seats.  Supporters of the MPRP’s main rival, the Mongolian Democratic Party (MDP), and some of the smaller parties gathered in the Square over allegations of vote miscounting. 

On Friday, a joint declaration signed by the opposing political parties pledged that they would resolve their differences peacefully, and on Sunday, talks began between the political parties, in an effort to resolve the issues raised by the protesters. President Enkhbayar also made a speech, in which he stated that “if the election results have been rigged, the guilty ones will be held liable. The guilty ones who organized the riot and killed innocent persons will also be held responsible.” He called for unity among the Mongolian people and cooperation between the political parties. 
The talks were still in progress on Monday, and a list of irregularities to be solved and constituencies in which political parties want to hold a recount or a revote is being compiled. It is still unclear how many of the 76 parliamentary seats are being disputed, but the law requires a minimum of 57 seats for parliament to function normally, according to Foreign Minister Sanjaasuren Oyun. She said that the final, confirmed results of the election had to be announced within 15 days of the poll and any recount or revote must be completed by a July 14 deadline.
Both the MPRP and the MDP support the new Mineral Law, the passing of which had been delayed previously by members of parliament from some of the smaller political parties. The business community was delighted to see a clear majority for one party, as
this means that these smaller parties will not hold influence over a decision on the Law. After Monday’s preliminary results, mining companies’ stock went up in anticipation of the Law being passed. The current situation may slightly delay the formation of parliament and the passing of the Mineral Law. However, as the seats in question are held by the MPRP and are being contested by the MDP, it can be assured that the law will be passed once the situation is settled.

Protesters gathered in Ulaanbaatar’s central Sukhbaatar Square yesterday, over allegations of miscounted votes from Sunday’s election. By the evening, around 2000 people had gathered, and a small contingent of troublemakers turned the peaceful demonstration violent. Most of the crowd, who had gone to the square to protest democratically, looked on as the group of rioters took advantage of the situation to cause destruction. The headquarters of the Mongolian People’s Revolutionary Party, as well as a few other nearby buildings, were set alight.

The disturbance was limited to the square, around which stand the government buildings. President Enkhbayar declared a state of emergency for four days, as a precaution against any further trouble. Measures taken include a curfew applying to the city centre between 22.00h and 08.00h, and a ban on the sale of alcohol, as most of the instigators were intoxicated. Military and police presence in the area had easily dispersed the crowds and doused the fires by this morning, but there are still restrictions on traffic going through the very centre of the city.

Preliminary results from Sunday’s elections show that the Mongolian People’s Revolutionary Party (MPRP) have won at least 41 seats in the State Grand Hural, over half of the 76 parliamentary seats. The Prime Minister and chairman of the MDRP, Sanjagiin Bayar, thanked the Mongolian people for his party’s success, calling them the “heirs of Chingis Khan”. Their rivals, the Mongolian Democratic Party (MDP) have won at least 25, and three other parties have won one seat each.  Full confirmation of the results is expected on Tuesday.

Winter is finally approaching in Mongolia; snow is predicted in Ulaanbaatar within the next few days.

As a result there has been a rush for the Mongolians to buy and settle in new apartments before the full force of the Mongolian Winter hits the city. This rush to buy apartments and the subsequent spurge in price is an annual occurrence in the city, it is expected that prices will continue to rise in the next few weeks before stabilising for winter.

Sever backlog of rail freight at China's Erlian border crossing with Mongolia is causing serious disruptions to construction supplies in Ulaanbaatar. The decision has therefore been taken to cancel all freight until the backlog is cleared and all freight unloaded.

Mongolian rail officials expect no shipments from China from August 7 through the 17th.

The problem may be the result of government decisions to increase Mongolian building projects in 2007. As Mongolia has neither trucking or air freight systems, all materials must be brought by rail.

Article courtesy of the UB Post, Written by B.Bulgamaa  

Thursday, June 21, 2007.

EVEN as people wait impatiently for the completion of the government program “40,000 family apartments” not one of Mongolia’s biggest 20 construction companies thinks that the program, started with a fanfare, will be implemented successfully. The big players in the sector are unanimous that they are hamstrung by widespread corruption and the red tape of the state bureaucracy.

A new website has been designed for Mongolian Properties.

The need for such a website has become apparent in the past few months as large amounts of content became available to Mongolian Properties concerning the project but integrating it in the existing website was becoming difficult. Further to that navigation on the previous website was confused and difficult. The new website resolves many of the past problems and brings about an enormous amount of new possibilities and features.