CASH HANDOVER IN REAL ESTATE IS COMING TO AN END

A new chapter is opening in the real estate sector, where trust is the most essential element. With an important step that will strengthen a secure and transparent transaction infrastructure, the safe payment system implemented by the Ministry of Trade for second-hand vehicle sales will also be activated for housing and land sales as of 1 May 2026. Under the new system, the payment will not be transferred to the seller’s account until the title deed transfer is completed. This will help prevent fraud and victimisation while establishing a lasting environment of trust across the sector. SOA Holding emphasises that this regulation, which will usher in a secure, transparent and fully recorded transaction era in real estate, will create a significant transformation for both buyers and sellers and that it is a long-awaited step for the industry.

The new system is also critical for reducing the informal economy in the sector and preventing tax losses. By recording the actual sale price through the system, the aim is to prevent the practice of declaring a lower price during title deed transactions and to increase transparency in the market. Experts stress that the regulation will accelerate institutionalisation in the real estate sector, build a lasting climate of trust and create a balanced, sustainable foundation for growth.

SOA Holding Chairman of the Board Yalçın Artukoğlu said, “Real estate is one of the leading areas where high-value transactions are carried out and trust is the most fundamental element. Extending the safe payment system to housing and land sales responds to a major need that has long been felt in the sector. Thanks to this practice, risks for both buyers and sellers will be minimised, fraud cases will be prevented and transparency in the market will increase significantly. As SOA Holding, we consider this new era extremely valuable for the sector and we prioritise a secure, transparent and fully recorded transaction approach across all our projects.”