The specialist answered how the construction of GIK houses affected the real estate market.

Сергей Мацера Economy
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According to Aman Kebekov, the chief specialist of the cadastral valuation sector of the State Agency for Land Resources, Cadastre, Geodesy, and Cartography, the construction of multi-story buildings by the State Mortgage Company has contributed to slowing down the growth of apartment prices in the country. He shared this information in an interview on "Birinchi Radio."

Kebekov also noted that although apartment prices continue to rise, the pace of this growth is no longer as significant as in previous years.

He added that the reduction of available land plots for development also affects pricing in this segment.

Furthermore, the expert pointed out a trend of rising prices for residential houses in remote areas of Bishkek, which is linked to the improvement of infrastructure in these locations.

Photo on the main page: press service of the President of the Kyrgyz Republic.
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