- 12
- 21.08.2023 15:04:00
- 3 min read
ALMATY, August 21 - Sputnik. In large cities of Kazakhstan, an increase in prices for rental housing was recorded in annual dynamics.
The largest increase was noted by analysts in Almaty, Petropavlovsk and Kokshetau.
According to the results of July, the rent of comfortable housing in Kazakhstan has risen in price by 1.9% over the month and by 28.6% over the year, Energyprom.kz reports.
"For comparison, the increase in prices for goods and services in the country in July amounted to 0.6% m/m and 14% per year, and real wage growth in the second quarter of 2023 - 4.7% per quarter and only 1.2% compared to the same quarter of the previous year. That is, the cost of rent is growing faster than the wages of citizens and inflation," the study notes.
In monthly dynamics, among the major cities of the country, rental prices increased in Karaganda (by 3.9%), Almaty (by 3.1%), Petropavlovsk (by 0.6%) and Shymkent (by 0.1%).
In annual dynamics, price growth was noted in almost all major cities, with the exception of Turkestan, where prices fell by 3%. The highest rise in prices was in Almaty (by 43.1%), Petropavlovsk (by 40.3%) and Kokshetau (by 37.1%).
The average cost of renting a square meter of housing in the country amounted to 4.7 thousand tenge, against 3.6 thousand tenge a year earlier.
"The highest prices were noted in Almaty: 5.6 thousand tenge per square meter. Astana (4.5 thousand tenge) and Konaev (4 thousand tenge) were on the second and third lines. More pleasant rental prices were observed in such cities, such as Taraz (1.9 thousand tenge per meter), Kyzylorda (2.1 thousand tenge) and Turkestan (2.2 thousand tenge)," the published information specifies.
At the same time, according to analysts, the upward trend in the cost of rental housing will not change in the near future.
As of August 17, according to Numbeo, in terms of the cost of renting a one-bedroom apartment not in the center of the city, Kazakhstan ranked 56th among 102 countries ($ 394.9 per month), and in terms of the cost of renting a similar apartment in the center - 57th place ($569.1).
Bangladesh, Pakistan and Nepal have the lowest prices for renting such an apartment in the world, while Singapore has the highest prices.
Among the CIS countries, Kazakhstan yielded in terms of high cost only to Armenia, where the cost of a one-bedroom apartment in the city center was $1,000, and not in the center - $680.1.
The lowest cost of rent for such housing was observed in Azerbaijan: $326.9 in the center and $193.6 - not in the center.
