If the situation at the border is resolved, real estate may become cheaper. Analysts predict that real estate prices will rise by at least five percent this year.

           Now apartments on the secondary market are one and a half times more expensive than new ones. Within a year, the cost of such apartments has increased by about 30%. For example, a one-room apartment worth 15 million tenge on the left bank of the capital now costs no less than 20 tenge.

      It is often reported that the sellers themselves raise the price of the house. As a result, now the square meter on the secondary market starts from 500 thousand tenge. And in the new business class building a square meter is cheaper by 100 thousand.

          “In 2021, there was an increase due to the UAPF. Vendors in the secondary market raised prices. This caused a great stir. I think that the final price of 2021 will be maintained in the next quarter, "said realtor Adil Sergazinov.

            According to experts, if the situation at the border is resolved, real estate may become cheaper.

       "Large wagons loaded with materials are unable to enter the country at the border. If this problem is solved, of course, construction facilities will benefit. First of all, the rise in prices will stop. If the production of construction materials in the country begins to develop actively, it will be good for everyone, "said Victor Mikryukov, President of the Association of Builders of Kazakhstan.

           The real estate market in Almaty is calm after the riots. But by the end of February, experts expect construction and sales to return to last year's pace.

            Tengrinews.kz

Translated by:Standard.kz