#Developers

Ahsel developer digest: September 2026

September 2026 for Ahsel: 6 apartments sold. Sales by residential complex and city, new projects, completion dates, unsold stock and ranking among developers according to the state register of shared-equity construction.

← August 2026

Key takeaways

Supply runway

According to the register, 346 apartments are unsold. At this month's pace, they will last about 58 months.

Share of national sales

Ahsel — 0.3% of the net increase in new-build sales in Kazakhstan.

Sold-out rate

Ahsel's sell-through is 39%, 7 pp above the national average (32%).

Protection schemes

At Ahsel, 0% of projects are built with second-tier bank participation (BVU), 100% with a KHC guarantee and 0% under an akimat permit (MIO).

Salemdom AI commentary

Monthly Highlights

In September 2026, developer Ahsel recorded 6 sold apartments in the state register of shared-equity construction, with a total area of about 272 m². Compared with August 2026, when the net increase was +30, sales declined by 80%. In the overall ranking of developers with sales, the company moved from 9th to 25th place out of 43. Ahsel's share of the net increase in new-build sales was 0.3% in Kazakhstan and 1% in Almaty.

Who was selling

All of the month's deals were at one project in Alatau district, Akkent. This complex became the sales leader with +6 apartments. According to the register, Ahsel's overall sell-through is 39%, above the national average of 32%.

Supply: new objects and remaining stock

The developer has 3 economy-class projects in the register. No new projects appeared this month. In total, 346 of 564 apartments remain on sale. By room count, 2-bedroom apartments make up the largest unsold stock (154), although they also sell faster than others (45%). 3-bedroom apartments have the lowest sell-through, at 9%.

Risks and what to check

When analyzing, pay attention to completion dates: the nearest planned completion, for Akkent, is scheduled for September 2027. Also consider the split of equity holder protection schemes. Currently, 100% of Ahsel projects are built with a KHC guarantee, while the share of projects with BVU participation or under an MIO permit is 0%.

Takeaway for buyers and investors

For buyers and investors, Ahsel is a company with a Salemdom score of 54.3 out of 100 whose first project dates back about 5 years. At the September pace, the current supply of 346 apartments will last about 58 months. Choosing this developer currently means the economy class and a KHC guarantee.

Commentary prepared by Salemdom AI strictly from the issue's figures.

Monthly Highlights

From September 1 to September 30, 2026, according to the state register of shared-equity construction, Ahsel marked 6 apartments as sold, about 272 m² of housing.

Ahsel has 3 projects in the register — 3 residential complexes: 564 apartments, of which 218 have been sold (39%), with 346 still on sale.

No new properties have been added to the registry this month.

Ahsel ranking among developers

By new sales in September 2026, Ahsel ranks 25th among 43 developers with sales in the register; a month earlier it was 9th.

Ahsel's share of the net increase in new-build sales in Kazakhstan is 0.3%. In the brand's main city (Almaty), it accounted for 1% of new sales.

Salemdom score based on state register facts: 54.3 out of 100; 3 projects in the register, the first one about 5 years ago. The score is calculated from state register facts: scale, experience, deadlines, demand, transparency and oversight; the BVU, KHC and MIO schemes are treated as equal.

Sales dynamics

In August 2026, Ahsel's net sales increase was +30 (gross 30); in September 2026 it was +6 (gross 6). Month on month: -80%. The comparison covers the same projects that were in the register in both months.

Sales were uneven week to week: the peak was September 22–30 (+3). Developers often record deals in batches, so weekly spikes also reflect how they work with the register, not just demand.

WeekNet sales growth
September 1–7+2
September 8–14+1
September 15–210
September 22–30+3

Ahsel's best-selling residential complexes

Ranking by the growth of apartments sold in the registry for September 2026. These are transactions recorded by the developer in the registry; please note that the contract date and the registry entry date may differ by a few days.

ЖКDeveloperDistrictSold this monthRemaining
AkkentAhselAlatau District+6346

Sales leaders: details

1. Akkent (Ahsel), Alatau district — +6 apartments for the month. Sell-through 39%, 346 of 564 still on sale. Scheme: KHC. Register class: economy. Nearest planned completion: September 2027.

New listings

No new Ahsel projects appeared in the register in September 2026.

Homebuyer protection schemes

0% of Ahsel projects are built with bank participation (BVU), 100% with a guarantee from KHC (Kazakhstan Housing Company), and 0% under an akimat permit (MIO). New sales this month: BVU — 0, KHC — 6, MIO — 0.

SchemePropertiesNet sales growth
Bank involvement (Second-tier banks)00
KZHIK Guarantee3+6
Akimat (local executive body) permit00

Housing classes

By the class stated in the register, most Ahsel projects are economy (3 projects). Most of the month's sales were in the 'economy' class: +6. The register class is set by the developer according to the national comfort standard; the marketing class in a complex's advertising may differ.

ClassPropertiesNet sales growthApartments remaining
Economy class3+6346

Room count: sold and remaining

Ahsel's largest unsold category is 2-bedroom apartments: 154. 2-bedroom apartments sell fastest: 45% sold. Room-count data is from the register as of October 10, 2026; area is the typical range across projects (median and the half of projects around it), excluding input errors.

RoomsApartmentsSoldRemainingSold-out rateTypical area
12168513139 %—
228212815445 %—
3666609 %—

Frequently asked questions

How many apartments did Ahsel sell in September 2026?

According to the state register of shared-equity construction, Ahsel marked 6 apartments as sold. That is about 272 m² of housing.

Which Ahsel complexes sold best in September 2026?

Akkent — +6. Figures show the monthly increase in sold apartments in the register.

Which new Ahsel complexes appeared in September 2026?

No new properties were added to the registry in September 2026.

How many apartments does Ahsel have left on sale?

According to the register, 346 of 564 apartments are unsold (sell-through 39%). At this month's pace, the remaining stock will last about 58 months.

Which Ahsel new builds are due for completion by the end of the year?

Ahsel has no projects in the register with a planned completion date before the end of the year.

What share of Ahsel new builds is built with bank participation?

0% of projects are built with second-tier bank participation, 100% with a KHC guarantee, and 0% under an akimat permit. The scheme for each residential complex is shown on its page in the "Guarantees" section.

Has Ahsel had any new entries in the list of unscrupulous developers?

No new entries for Ahsel appeared in the official list of unscrupulous developers in September 2026.

Where does the digest data come from?

From the state register of shared construction (homeportal.kz). Salemdom saves a complete snapshot of the register daily; this digest compares snapshots from August 31, 2026, and September 30, 2026. Prices are sourced from developers' catalogs on Salemdom.

How to buy an apartment in an Ahsel new build through Salemdom?

Choose a residential complex from our catalog and submit a request: a Salemdom broker will confirm availability and pricing, verify the developer via the official registry, and assist you with mortgages and the closing process. Get a free double mattress when you purchase an apartment through a Salemdom broker.

Methodology: monthly sales are the increase in the "sold" field in the register for projects that were in the register at the start of the month. Decreases (cancellations, corrections) are shown separately. If a developer temporarily reset the number sold to zero and restored it the following month, this counts neither as sales nor as cancellations. New projects are those that entered the register during the month; sales already recorded when they entered the register are not included in the month's sales. Sell-through and remaining stock are as of the end of the month.

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