On January 21, 2025, the Prime Minister of the Republic of Kazakhstan signed the Resolution of the Government of the Republic of Kazakhstan “On Amendments to the Rules for the Privatization of Housing from the State Housing Fund”.
The Resolution provides for the granting to citizens the right to privatize rental housing previously provided without the right to purchase and housing where the only dwelling is recognized as dilapidated.
In accordance with the existing privatization mechanisms, citizens can purchase housing in full at the residual value or arrange installment payments without overpayment.
In accordance with the introduced changes, the down payment when choosing the “installment payment” mechanism was reduced from 30% to 10%, and the installment payment period was extended to 15 years for housing with a residual value exceeding 15 million tenge. The rule will come into effect 10 calendar days after the date of its first official publication.
Examples of calculations for the installment payment mechanism:
The residual value of the housing is 9 million tenge, the initial payment is 900 thousand tenge. When choosing an installment payment term of up to 10 years, the monthly payment will be 67.5 thousand tenge.
The residual value of the housing is 16 million tenge, the initial payment is 1.6 million tenge. When choosing an installment payment term of up to 15 years, the monthly payment will be 80 thousand tenge.
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Source : https://www.gov.kz/memleket/entities/mps/press/news/details/922600