In May 2025, the shift and transformation in Kazakhstan's property market are examined.
Real Estate Trends in Kazakhstan
In the vibrant landscape of May 2025, the real estate sector of Kazakhstan showcases a dynamic and intriguing canvas of opportunities. Here's a snapshot of the market! 🏡
📉 A 7.7% Dip in Transactions
From April 2025's 36,839 transactions, the overall count dipped by 7.7% in May, reaching 33,986. Notable cities leading the charge include Almaty (7,161 - 21.1%) and Nur-Sultan (6,077 - 17.9%), with Karaganda region (2,654 - 7.8%) following closely. Conversely, Ulytau region recorded the least transactions - just 312 (0.9%) 🌅
🔼 A Spike in Transactions in Aбай and Almaty
May 2025 saw an uptick in transactions in Aбаy region (+11.4%) and Almaty city (+2%), whereas the largest decrease occurred in Ulytau region (-31.3%), East Kazakhstan region (-18%), and Atyrau region (-17.8%) 📉
🏢 Apartment Demand
The demand for apartments in multi-family dwellings decreased by 8.5% in May, with 26,241 transactions and accounting for 77.2% of the total. Almaty city (25.1%), Nur-Sultan (22.6%), and Karaganda region (7.9%) were the hubs of apartment sales. Interestingly, 1-room apartments took the lead with 10,168 transactions
In the context of the real estate trends in Kazakhstan, there seems to be a shift in investing preferences, with a spike observed in transactions within the Aбай and Almaty regions. On the other hand, the demand for apartments, especially in multi-family dwellings, appears to have witnessed a decrease of 8.5%, with the finance sector potentially needing to reconsider strategies in these areas.
