Finland’s longest bridge boosts housing demand in Helsinki’s Kruunuvuorenranta

Interest in homes along Helsinki’s Kruunuvuorenranta waterfront has surged following the opening of Finland’s longest bridge, the Kruunuvuorensilta, according to real estate agencies. The area is now being marketed as an extension of the city center.

Real estate chain Sp-Koti reports a noticeable uptick in inquiries and sales in Kruunuvuorenranta, with transaction volumes growing for the third consecutive year. The average price per square meter for apartments built since 2018 has risen to around €6,000, compared to roughly €4,000 for older homes in the broader Laajasalo district.

Hanna Daw, a senior real estate agent at Sp-Koti, notes that property values in the area have remained more stable during economic downturns than in many other parts of Helsinki. She estimates that the new tram connection, set to begin operating on the bridge possibly as early as this year, will increase property values within a one-kilometer radius.

Daw adds that about half of recent buyers in Kruunuvuorenranta purchased homes in anticipation of the bridge’s completion, while others had waited to see how the area would develop.

Other agencies confirm the growing interest. Sanna-Leena Peltonen of OP Koti Uusimaa says online views of Kruunuvuorenranta listings have tripled, with the bridge positioning the area as part of “eastern South Helsinki.” Marja Kuosma, sales and marketing director at Skanska Kodit, describes the district as a natural extension of the city center, attracting buyers who previously focused only on central Helsinki.

The 1.2-kilometer Kruunuvuorensilta, opened in mid-April, currently serves pedestrians and cyclists. Tram service, originally planned for early 2025, may start sooner if infrastructure work and driver training progress smoothly. The bridge cuts travel time from Laajasalo to downtown Helsinki by roughly 15 minutes.

Development in Kruunuvuorenranta began nearly a decade ago, with construction still underway along the waterfront. The area’s improved transport links have visibly impacted the housing market, with Skanska reporting that about half of the apartments in its two local projects—one completed, one nearing completion—have already sold.