In an unprecedented move to regulate the real estate market and limit price manipulation, the Turkish government announced a massive digital project called Value Information CenterIt aims to establish a unified system for accurately and transparently evaluating all real estate in Türkiye.
AI-powered digital assessment system
According to the Ministry of Environment, Urban Planning and Climate Change, the system is scheduled to begin operating in Istanbul in the first quarter of 2026, and will be expanded to all 81 Turkish provinces by mid-2027.
The new system relies on digital valuation maps powered by artificial intelligence algorithms, including accurate data for each property, from its location and area to its actual market price. It also enables users to compare prices with similar properties in the area, analyze supply and demand, and estimate return on investment.
Towards ending manipulation and the gap between the official and market price
One of the system's most notable features is addressing the problem of registering properties at low prices on title deeds (tabu), a common practice that for years has led to a gap between official values and actual prices, negatively impacting tax fairness and the accuracy of investment data.
Through transparent digital pricing, the Turkish government hopes to bridge this gap and provide a fairer and more trustworthy investment environment for citizens and investors alike.
Central database to support urban transformation
The project is not limited to real estate evaluation only, but also includes development. "digital twin" For Turkish cities, 3D models of every building in the country will be created, including accurate information such as:
- The age of the building, the number of its units, and its use.
- Property area, location, and detailed address.
- Property ownership and associated development plans.
This data will be integrated into a unified digital infrastructure supervised by the General Directorate of Land Registry and Cadastre, for later use in urban planning, disaster management, infrastructure, and transportation.
An important step towards confronting natural disasters
Minister of Environment and Urban Planning, Murat Kurum, confirmed that the new system will be a key tool in Preparing for natural disasters, especially earthquakes, by collecting accurate information about the nature of buildings, their uses, and their level of danger.
He explained that the project will facilitate the implementation of safe population distribution policies, enhance the efficiency of urban transformation projects, and identify development priorities in sensitive areas.
Accurate investment guidance and comprehensive social analysis
The new digital system will enable citizens, investors, and government agencies to use value maps to make accurate decisions regarding:
- Buying land or establishing projects.
- Determine taxes or compensation in cases of expropriation.
- Evaluate investment opportunities based on supply and demand.
The system can also be used to conduct social analyses at the neighborhood level, such as:
- Income level.
- Education and health rate.
- Population distribution.
This would help the government in Directing public investments such as schools and hospitals In line with the needs of each region.
Will the project end the chaos in the real estate market in Türkiye?
The Turkish real estate market has long faced criticism for its lack of transparency and significant discrepancies between advertised and official prices. With rampant speculation and the absence of a unified system, a partial bubble has emerged, particularly in major cities.
But as Türkiye relies on digital transformation and artificial intelligence, it appears to be moving steadily towards Regulating the real estate market and establishing new standards based on data and transparency.
If the project is implemented efficiently, it could be a A pivotal turning point towards stabilizing the Turkish real estate market And increase its attractiveness to local and international investments.