Following a meeting of the Government of the Republic of Kazakhstan, a briefing was held on March 10, 2026, on the topic “Development and Digitalization of the Housing Construction Sector” attended by Altay Kuzdibayev, Chairman of the Board of Kazakhstan Housing Company JSC.
The briefing was also attended by Yersayin Nagaspayev, Minister of Industry and Construction of the Republic of Kazakhstan; Kuandyk Kazhkenov, Deputy Minister of Industry and Construction of the Republic of Kazakhstan; and Lyazzat Ibragimova, Chair of the Board of Otbasy Bank JSC.
During the press conference, the Chairman of KHC commented on issues related to equity participation in housing construction and outlined measures being implemented by the government and KHC to increase transparency in the equity housing construction market and protect the rights of shared construction participants.
The KHC Chairman noted that, starting in 2020, the Company has been systematically working to digitize the shared-construction market. In order to reduce risks and raise public awareness, the KHC has developed the Housing Portal information system (homeportal.kz). The portal features data on projects guaranteed by KHC or approved by the akimat, as well as a list of projects without the relevant permits. Residents can also check the registration of their shared-equity contracts in the Kazreestr system.
In order to improve the accessibility of its services, the Housing Portal has been integrated into the eGov Mobile app, as well as into the mobile apps of four second-tier banks. Since its launch, the portal has been used by more than 3.4 million people. Additionally, the platform features an online support center for co-investors, the AI-powered chatbot I-Bota. It advises residents on issues related to purchasing housing under construction and the application of legislation on shared ownership.
Furthermore, as of January 1, 2026, the KHC has launched a service to verify non-cash payments for the purchase of housing under construction. The service involves a second-tier bank verification of the existence of a registered shared construction participation agreement in the Kazreestr Unified Information System for shared construction participation prior to the transfer of the equity participant’s funds to the bank account of the developer’s authorized company. Currently, 10 major banks in Kazakhstan joined the service.
In order to protect the rights and interests of co-investors, the KHC has been providing guarantees for the completion of residential construction projects since 2017. Between 2017 and March 2026, the KHC issued guarantees for 290 projects totaling KZT1.5 trillion. This represents 7 million square meters or 79,100 apartments. This has helped protect the investments of more than 77,000 shared construction participants. In 2025, the volume of guarantees issued amounted to KZT277.1 billion for 10,000 apartments.
The results of monitoring the shared-construction market were also announced. By the end of 2025, the share of the shadow market stood at 62.5%, which is 7.1 percentage points lower than the previous year. A positive trend was noted in the growth of the number of legal projects and a reduction in the number of projects being carried out outside the legal framework.
The KHC continues to implement a set of measures aimed at increasing developers' accountability, introducing digital monitoring tools, and fostering a safe and transparent market for shared-equity housing construction.