Real Estate in Kazakhstan
-
KAZAKHSTAN, 2015/09/24
The housing sector has had a positive impact on the construction industry in Kazakhstan, according to the Ranking.kz analytical service.
Kazakh construction companies have added an all-time high of roughly 719,000 cubic meters of new residential property in August. This amounts to a 30.5 % increase in new residential property compared to last August, adding 3,259 apartments and 2,391 single-family houses on a turnkey basis.
The top three areas for housing construction are Astana, Almaty and the Almaty region, while the highest increase rate was seen in East Kazakhstan, West Kazakhstan, and the Akmola region.
-
KAZAKHSTAN, 2015/04/07
Next fears emerged in February that that the tenge will suffer devaluation in view of worsening economic factors and Russia' s financial slump, Kazakhstan’s government is taking aggressive steps to stabilize the country's financial situation.
Kazakhstan has developed new measures to stimulate increase in its mortgage market next turbulence hit the sector. The mortgage market is presently set to recover under the government's influence, reported Ranking.kz – analytic service .
The government plans to allocate 130 billion tenge (185.65 tenge = $ 1) to the refinancing of residential mortgage loans disbursed during the period 2004-2009.
