How does this relate to current rental prices for housing?
Jenyshbek Toktorbaev, the mayor of Osh, reported an income of 1.93 million soms for the past year in his tax declaration.
According to his report, Toktorbaev owns a residential building with an area of 1500 square meters, three hotels, and a shopping center, in each of which he holds a 100% stake.
It is worth noting that the real estate market in Kyrgyzstan has changed significantly in recent years. By the end of 2024, the rent for a one-bedroom apartment in Osh ranged from 17,000 to 30,000 soms, and by the end of 2025, this amount is expected to be between 25,000 and 50,000 soms. Prices for commercial rentals are even more varied: they range from 20 to 500 dollars per square meter, depending on location and transportation accessibility.
Over the past eight months, the cost of houses in the region has increased by 19.3%.
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