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KazRealty 2009
23-25 April 2009
4th Kazakhstan International Real Estate Exhibition |
Information KazRealty 2009
- Title: KazRealty 2009
- Url: http://www.kazrealty.kz/en/2009/
- Date: 23 March - 25 April 2009
- Location: Kazakhstan, Almaty
- Industry: Real Estate
- Organisers: Iteca Kazakhstan,
ITE Group Plc
- Venue: Atakent Exhibition Centre, Almaty
Main Sections of the Exhibition
- Sales of Newly-erected
- Buildings Services in the Secondary Market
- Elite Real Estate
- Cottages, Suburban Real Estate
- Housing Construction
- Commercial Real Estate
- Warehouses and Industrial Facilities
- Investment
- Real Estate Abroad
- Realty Services
- Mortgage Loans
- Real Estate Rent
- Purchase and Sales of Real Estate
- Appraisal Activities
- Real Estate Management
- Legal Services
- Information Services
- Migratory Services
- Insurance
- Bank Services
A Review of the Real Estate Market in Kazakhstan
High economic development rates in Kazakhstan, a growth of GDP and business activity, stable growth of the population’s revenues, and development of mortgage loans by second-tier banks – all factors have lately become determining factors in the development of Kazakhstan’s real estate market.
The state programme on the development of housing construction of the Republic of Kazakhstan for 2005 – 2007 prioritises a stable growth rate of housing construction. The overall investment amount in the real estate market in the country has grown more than three times within the last three years. 5,041,000 square metres of housing was commissioned in 2005, or by 184.2 % more than in 2003. A total of 5,110,000 square metres is expected in 2006, while in 2007 the plan is to commission 5,680,000 square metres of housing. As compared with 2004, the cost of one square metre has doubled from January to December. The price for prestigious land plots in the southern part of Almaty is growing steadily. The general growth trend also affects the commercial real estate market. The demand for all kinds of commercial real estate is continuously growing. The highest demand is for purchase or rent of big office premises and trade real estate, production premises and warehouses.
The surplus growth of the price for one square metre of real estate in 2005 was about 44%. As compared with 2004, the cost of one square metre has almost doubled. In January through February 2006, the average cost of one square metre in Almaty has grown by 4.2%. The housing rent market has also witnessed a higher supply. Overall, a 10% growth affected 1-4-room apartments. The cost of apartment rent has grown by 2.25% on average. The booming market development will continue in the nearest future.
Official Support for KazRealty is Provided by
Committee for Construction and Housing utilities of the Ministry of Industry and Trade of the Republic of Kazakhstan, Almaty City Akimat, Kazakhstan National Association of Realtors, Union of Architects of the Republic of Kazakhstan, and Union of Designers of the Republic of Kazakhstan.
Organised by
Iteca LLP (Kazakhstan), ITE Group Plc. (Great Britain), EUF A.S. (Turkey), Gima GmbH (Germany), Invernizzi International Sales (Italy) – organisers of the world’s biggest construction exhibitions: MosBuild, BalticBuild, KievBuild, AstanaBuild, etc
Official site of KazRealty 2009
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