Sadyr Japarov spoke about the factors influencing the price of mortgage housing
Today, January 12, a ceremony was held in Bishkek to hand over the keys to apartments as part of the second phase of the construction of the "Muras" residential complex, attended by President Sadyr Japarov. During the event, he highlighted important points regarding the state housing policy and the work of the State Mortgage Company (GIK). According to the president's press service, the "Muras" residential complex consists of 39 blocks, of which 19 have already been completed. In the second phase, keys to 1,080 apartments were handed over, and previously, 986 had already been distributed. Currently, the construction of 2,688 apartments is ongoing, which will be completed on schedule. The complex also plans to build a kindergarten, a school, parking, and other social facilities. “The new handover of apartments from the State Mortgage Company is clear evidence of the successful advancement of our country's housing policy,” emphasized Sadyr Japarov. He reminded that the GIK was established 10 years ago with an initial capital of 10 million soms, which has now grown to 87 billion soms. The main goal of the company is to increase its capital to 200 billion soms. In 2025, the GIK provided housing for 4,662 families, which is four times higher than the figures for 2024. Since the company's inception, 14,945 families have received their apartments. The president also reported on the ongoing construction of 80,245 mortgage apartments across the country. This year, in Bishkek, Osh, Manas, Tokmok, Kara-Balta, Karakol, Cholpon-Ata, Balıkchy, Naryn, Talas, Batken, as well as in the Kochkor district of Naryn region and the Kara-Suu and Uzgen districts of Osh region, it is planned to complete the construction and hand over more than 20,000 apartments to citizens. Sadyr Japarov paid special attention to the issue of pricing for mortgage housing, noting that the GIK relies on detailed calculations and analysis. “As you know, apartments are provided to citizens on the waiting list for housing assistance programs without a down payment for 25 years at 4% and 8% per annum, which is below the inflation rate,” he said. As an example, he cited the situation in Bishkek and Chui region, where private companies build housing "turnkey" at a price of $700 per square meter. After construction is completed, the apartments are handed over to the GIK, which adds $250 and sells the housing for $950 per square meter. “Please understand that since the GIK provides apartments for 25 years, these $250 do not cover inflation over the entire period; moreover, they do not even cover half of the inflationary losses. Nevertheless, we are going to such conditions to help citizens. If you were to buy housing from private individuals, its cost would be at least $1,500 per square meter,” the president emphasized. Sadyr Japarov also noted the rise in prices for construction materials, labor costs, infrastructure development, the construction of pumping stations, and treatment facilities, all of which affect the justification of the price per square meter. A key point was the statement about future funding for the GIK. According to the president, in 2026, the company will receive support from the state budget for the last time — about $500 million. Starting in 2027, budget funding will be discontinued. “With its own capital of 200 billion soms, the GIK will be able to provide housing for people not for 5–10 years, but for 50–100 years,” concluded the president and urged citizens to understand the pricing policy for mortgage housing.
- Today, January 12, an important ceremony took place in Bishkek, where the President of the Kyrgyz Republic, Sadyr Japarov, handed over the keys to new apartments built under the GIK program. The...
In the future, in 2026, the Mortgage Company (ГИК) will receive additional funding of $500 million. This was announced by the President of the Kyrgyz Republic, Sadyr Japarov, during the key handover...
As the president noted, in 2025, the State Housing Corporation (GIK) was able to provide housing for 4,662 families, which is four times higher than the figures for 2024. “Since the establishment of...
Today, January 12, at the event dedicated to the handing over of keys for the second phase of the "Muras" residential complex, the head of the State Mortgage Company (GMC) Talant Zhekshenov...
At the event, the president emphasized the importance of providing housing to citizens, which remains one of the main directions of state policy. The residential complex "Muras" consists...
At the event, the president congratulated the new homeowners and expressed hope that the coming year would be a time of prosperity and sustainable development for the entire country. He emphasized...
- In 2025, we achieved historic results in providing housing for our citizens. This was reported today, December 25, by President Sadyr Japarov during the IV People's Kurultai. According to the...
Currently, 80,245 mortgage apartments are being built in the country It is expected that in 2026, there will be a mass commissioning of residential complexes of GIK in Kyrgyzstan. This was reported...
The President of Kyrgyzstan, Sadyr Japarov, stated that the housing offered through the state mortgage program is not expensive. This statement was made during the IV People's Kurultai, which...
On January 12, in Bishkek, at 91 Malikova Street, a ceremony was held to mark the commissioning of the first part of the second phase of the residential complex "Muras". Gulzat Totubaeva,...
The Head of the Presidential Administration, Kanbek Tumanbaev, reported that in 2026, an active delivery of mortgage housing is planned in Kyrgyzstan. Among the regions where a mass transfer of...
Today in Bishkek, the President of the Kyrgyz Republic, Sadyr Japarov, handed over the keys to new mortgage apartments in the residential complex "Muras." This project includes the...
At the IV People's Kurultai, held on December 26 in Bishkek, Sadyr Japarov spoke about the state mortgage program. President Japarov mentioned that delegate Saadatbek Kusegenov raised the issue...
Today, while speaking at the People's Kurultai, the President of the Kyrgyz Republic, Sadyr Japarov, announced significant achievements in providing citizens with housing by 2025. He noted that...
President Sadyr Japarov shared his opinion on the rising prices of square meters in homes being built by the State Mortgage Company in an interview with the state information agency...
Today, January 12, during the ceremony dedicated to the handing over of keys for the second phase of the "Muras" residential complex construction, the President of Kyrgyzstan, Sadyr...
In an interview with the "Kabar" agency, President Sadyr Japarov explained the details of the housing construction being carried out by the State Mortgage Company (GIK). He answered...
Four years ago, the site of the new residential blocks at: Bishkek, Malikov Street, 91 was home to colony No. 47. Now, thanks to the state mortgage program, over a thousand Kyrgyz citizens have...
After the completion of the IV People's Kurultai, President Sadyr Japarov answered a number of questions from the delegates. He touched on the topic of housing prices offered by the State...
Today in Bishkek, 1,080 people became the owners of long-awaited apartments provided by the State Mortgage Company. Among them are both local residents and labor migrants who have been waiting for...
The President announced information about housing prices in the market At the IV People's Kurultai held in Bishkek at the end of 2025, delegates discussed the issue of housing costs being built...
At the event for handing over keys to new apartment owners in the "Muras" residential complex, President Sadyr Japarov shared information about housing prices provided by the State Mortgage...
Photo by 24.kg. Modern 24-story buildings await their new residents A new residential complex has been built on the site of the old colony No. 47 in Bishkek. This area, previously associated with a...
The president announced information about the cost of apartments in the State Mortgage Company (GIK) At the IV People's Kurultai, President Sadyr Japarov responded to criticism that the State...
At the people's kurultai, President Sadyr Japarov discussed with delegates the proposal to support Kyrgyz migrants who are outside the country. He noted that changes will be made to the...
- The Minister of Construction, Architecture, and Housing and Communal Services, Nurdin Oruntaev, on December 30, 2025, during his working trip to the Osh region, familiarized himself with the...
The Office of the President of the Kyrgyz Republic has initiated a draft law that will be presented to the Jogorku Kenesh. This draft law proposes the creation of a separate queue for migrants...
The opening of the plant took place in Bishkek, where President Sadyr Japarov emphasized the importance of this project. The construction of this facility started on March 29, 2024....
On December 25, President Sadyr Japarov participated in an online ceremony to inaugurate 8 social and production facilities located in the Jalal-Abad region. This event took place as part of the IV...
- At the IV People's Kurultai, held on December 26, President Sadyr Japarov commented on the proposal from a delegate from the Aravan district regarding the construction of BSR and BDR. He noted...
Sadyr Japarov has decided to spend the New Year holidays in his country, Kyrgyzstan. This was reported by the president's press secretary, Askhat Alagozov, on the portal 24.kg. According to...
President Sadyr Japarov has signed an updated decree regarding the selection process for participants in the state housing program "My Home." According to the new amendments, military...
- At the IV People's Kurultai, delegates raised the issue of housing costs, noting that it may seem expensive, especially for labor migrants. In an interview with the Kabar agency, Sadyr Japarov...
Photo courtesy of the PCR press service It was reported by the president of the National Academy of Sciences of Kyrgyzstan, Kanat Abdrakhmatov, through his social media that the project for the...
On December 26, during the second day of the people's kurultai, one of the delegates asked a question regarding the elections. The President of the Kyrgyz Republic, Sadyr Japarov, responded to...
The State Mortgage Company is constructing elite multi-apartment buildings in the southern part of the capital. This was announced at the Kurultai by the President of the country, Sadyr Japarov. Some...
During the opening of the Eco-Technology Plant, which is engaged in electricity production through the disposal of solid household waste, President Sadyr Japarov noted that the previous authorities...
During the IV People's Kurultai, the President of Kyrgyzstan, Sadyr Japarov, shared with the delegates plans to reduce the external state debt. According to the president, the country's...
At the IV People's Kurultai, delegates drew attention to the problem of the shortage of schools and the availability of housing offered by the State Mortgage Company. In response to these...
- On December 27, the President of the Kyrgyz Republic, Sadyr Japarov, attended the official opening of an eco-technological plant that will generate electricity through the disposal of solid...
On December 25, President Sadyr Japarov shared information about the large-scale construction of a railway connecting China, Kyrgyzstan, and Uzbekistan during the IV People's Kurultai. He...
The President of Kyrgyzstan, Sadyr Japarov, announced at the People's Kurultai plans to build at least 25 new hospitals and clinics in the country with God's support. He noted that...
On December 25, a ceremony was held in Bishkek to hand over keys to new apartments for domestic athletes, conducted by Kamchybek Tashiev, Deputy Chairman of the Cabinet of Ministers of the Kyrgyz...
At the IV People's Kurultai, President Sadyr Japarov announced that, according to the International Monetary Fund, Kyrgyzstan has entered the top three countries with the highest rates of real...
Starting from the beginning of 2025, the republican budget has allowed for the completion of the construction of 134 educational institutions. This was announced by President Sadyr Japarov in an...
On December 25, a ceremonial opening of a new slaughterhouse took place in the village of Daroot-Korgon, located in the Chon-Alai district. This was reported by the press service of the Ministry of...
Sadyr Japarov, the President of the Kyrgyz Republic, signed a decree awarding Dai Dao, the General Director of the company "Jyunxin Huanbao Key Ji Invest," the Order of "Dostuk."...
On December 26, during the second day of the people's kurultai, one of the delegates raised the issue of elections. In response, the President of Kyrgyzstan, Sadyr Japarov, addressed those...
