Dec 03, 2025
Otbasy
Bank approved a program for lending to individual housing construction, setting
an important precedent for the development of the low-rise sector. The launch
of such a program opens up access to mortgage instruments for private houses
and strengthens the role of individual housing construction in in achieving
national housing commissioning goals.
- I
consider 2025 to be a turning point in the individual construction market in
Kazakhstan. Two documents have already been adopted this year: 1) an amendment
to the law on shared equity construction, which will extend the law to complex
construction of houses (50 houses or more); 2) Otbasy Bank's concept for
financing individual houses. I believe that the adopted instruments will
significantly improve the quality of housing under construction, because until
now, the construction of individual houses has not been regulated. Each
individual house was built according to a concept design. The new documents set
out certain requirements for developers and the construction process, which
will radically improve the quality of housing, - said Kim Oleg, chairman of the
Union of low-rise construction builders.
Source
link: https://www.instagram.com/reel/DRwkr-hjAI5/?igsh=aDlhYXl1dmNzaTZz