1. Malmö's Eco-Friendly Initiatives: The city has been recognized for its commitment to sustainability, incorporating extensive green spaces and eco-friendly building practices. Malmö aims to be a climate-neutral city by 2030, and initiatives include promoting cycling and the use of renewable energy. 2. Cultural Diversity: Malmö is one of Sweden's most multicultural cities, with a significant population of immigrants. This diversity is reflected in its vibrant culinary scene, featuring restaurants that offer international cuisine from Middle Eastern to Asian dishes. 3. The Turning Torso: While many may know about the Turning Torso as a landmark, few realize that it is the tallest building in Scandinavia. Designed by architect Santiago Calatrava, this twisting skyscraper stands 190 meters tall and has become a symbol of modern architecture in Malmö.
Malmö, Sweden's third-largest city, has a dynamic housing market with approximately 165,000 dwellings. The city has seen steady growth in residential property prices, with an expected annual increase of 3-5% through 2025. In 2022, around 2,550 new homes were completed, with 6,000 more under construction at the year's end. The housing tenure in Malmö is split between rental units (51%) and tenant-owned dwellings (48%). The average monthly rent for dwellings in Malmö rose by 7.9% in 2024 to €749. While specific data on median prices per square meter for buying apartments in Malmö is not provided, the overall Swedish housing market has shown signs of recovery after a downturn in 2023. Public housing plays a significant role in Malmö, as it does throughout Sweden. Unlike traditional social housing, Swedish public housing is open to all residents regardless of income and operates on a not-for-profit basis. Nationwide, public housing accounts for approximately 17% of the housing stock. Cooperative housing, known as "bostadsrätter," is also prominent in Sweden, making up about 22% of the national housing stock. This model allows residents to purchase a share in the cooperative, granting them the right to live in a specific apartment, often at a more affordable rate than outright ownership.
The city of Malmö in Sweden is actively addressing housing affordability and sustainability through various initiatives. The current administration aims to provide housing for diverse households in energy-efficient, climate-friendly buildings that are physically accessible and child-friendly. Malmö's Housing Supply Program focuses on expanding access to adequate housing for low-income households and promoting diverse housing developments across the city. The city works with its public housing company to offer a range of options serving different income levels, promoting social integration. Key strategies include: 1. Strategic land policies: The municipal land allocation policy guides development to ensure a balanced mix of housing types. 2. Municipal planning monopoly: Allows the city to regulate building rights and oversee land allocation for housing. 3. Housing agency: Facilitates access to available properties by matching home seekers with suitable options. 4. Sege Park project: Aims to create a diverse, climate-smart neighborhood with 700 homes, including condominiums, collective, detached, municipal, and private houses. 5. Modular homes (Kombohus): Offers a more affordable alternative to traditional municipal housing. 6. Energy efficiency targets: The Western Harbour eco-district aims to reduce energy consumption to 105 kWh/m², half of the current housing stock's consumption. Despite these efforts, challenges remain in providing truly affordable housing for low-income residents, as even municipal rental homes are often not affordable for this group.