Building a House in Kazakhstan Has Become Cheaper
Photo: freepik.com
Construction prices, according to the Bureau of National Statistics, fell by 1.8% in February compared with January, Orda.kz reports. Year on year, they increased by 5.3%.
“Other work and costs” fell the most over the month — by three percent. This category includes expenses that do not fall under construction and installation work or machinery and equipment. Year on year, however, prices in this category increased the most — by 14.9%.
Construction and installation work declined by 1.9% compared with January, while since February 2025 it has risen in price by 3.1%. Prices for machinery and equipment did not change over the month, but increased by 3.2% year on year.
In the detailed breakdown, the highest price increase was recorded for sheet glass — 11.6% over the month and 20.8% over the year. Prices for steel products fell by 10.3% over the month and by 11.2% year on year.
Construction costs fell in February in all regions of Kazakhstan, most notably in Atyrau Region, West Kazakhstan Region and Almaty, where they declined by 2.1%. Year on year, prices increased everywhere. The sharpest increase was recorded in Pavlodar Region, at 7.3%.
The BNS indicator tracks changes in construction costs in Kazakhstan and does not reflect the price of finished housing. Since 2026, a 16% VAT has been charged on real estate transactions, but it applies only to properties whose construction began after January 1, 2026.
Original author: Alexey Afonsky
Read also:
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan