21.10.2025 12:20
A legal framework is being prepared for a rental housing model that will be implemented for the first time in Turkey, as announced by President Erdoğan recently. The draft that the government is working on plans to grant TOKİ the authority to lease housing. The first implementation is expected to take place in Istanbul.
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President Recep Tayyip Erdoğan will announce the details of a new social housing project in the coming days, for which a legal infrastructure is being prepared for a rental housing model that will be implemented for the first time in Turkey. With the draft regulation being worked on by the AK Party Group management, it is planned to grant TOKİ (Housing Development Administration) the authority to rent housing.
"TOKİ DOES NOT HAVE RENTAL AUTHORITY, LEGAL REGULATION IS REQUIRED"
According to the news in Türkiye newspaper; AK Party officials stated that currently, TOKİ can only build and sell houses, but does not have the authority to rent them, saying, "Therefore, there is a need for legal regulation." The new regulation will pave the way for a system where the state will be a homeowner.
FIRST IMPLEMENTATION IN ISTANBUL
As part of the project that the government will launch with the goal of producing 500,000 social housing units by 2028, it is anticipated that the rental housing application will be implemented first in Istanbul. Later, the application will be expanded to other major cities.
It is planned for TOKİ to allocate a special quota for rental apartments in every social housing project. These houses will not be put up for sale; retirees, disabled individuals, families of martyrs and veterans, young couples getting married, and families with three children will be among the priority groups determined by lottery. Rental prices will be below market conditions.
THE GOOD NEWS WAS ANNOUNCED BY PRESIDENT ERDOĞAN
President Recep Tayyip Erdoğan stated at the Training Program organized by the AK Party Economic Affairs Presidency at the Headquarters that the state will now rent houses, saying, "We are implementing a very important project regarding the currently high rents and housing prices. From now on, the state will plan the rental process. In other words, citizens should not come and rent out their properties, exploiting citizens with high rents... We will not give them the opportunity. As the state, we will rent these social houses and hopefully sincerely start a cheap rental process."
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