August 2026 at KazSMU: no new sales in the register, 1 new project in the register. Sales by residential complex and city, new projects, completion dates, remaining stock and place among developers based on data from the state register of shared-equity construction.
There is no net sales increase in the register: developers recorded no new sales, and 372 apartments remain unsold.
1 project with 194 apartments entered the register.
KazSMU's sell-through is 14%, 17 pp below the national average (31%).
13% of KazSMU projects are built with bank participation (BVU), 88% with a KHC guarantee, and 0% under an akimat permit (MIO).
From 1 to 31 August 2026, according to the state register of shared-equity construction, KazSMU had no new sales. The trend was unchanged: the net increase in sales for August 2026 was 0, just as in July.
The developer's sales are concentrated in Almaty, where it has 5 projects with overall sell-through of 14%. Konaev has 3 projects, but there are 0 apartments left there.
KazSMU currently has 8 projects in the register, most of them in the economy class (7 projects). 372 apartments remain on sale, of which 2-bedroom units are the most numerous at 181. During the month, 1 new project entered the register: Maxima City (phase 3) with 194 apartments.
Buyers should check the planned completion of Maxima City (phase 3), scheduled for July 2027. Equity holder protection schemes are split as follows: 88% of projects are built with a KHC guarantee, 13% with bank participation (BVU), and 0% under an akimat permit (MIO). The developer's overall Salemdom score is 26.8 out of 100.
For investors and buyers, the key fact is KazSMU's low sell-through of 14%, 17 pp below the national average (31%). 3-bedroom apartments have sold fastest, at 31%.
Commentary prepared by Salemdom AI strictly from the issue's figures.
From 1 to 31 August 2026, no new sales appeared in the state register of shared-equity construction.
KazSMU has 8 projects in the register — 3 residential complexes: 434 apartments, of which 62 have been sold (14%), with 372 still on sale.
1 property was added to the registry this month.
Salemdom score based on state register facts: 26.8 out of 100; 9 projects in the register in total, the first one about 5 years ago. The score is calculated from state register facts: scale, experience, timelines, demand, transparency and supervision; the BVU, KHC and MIO schemes are treated as equal.
For July 2026, KazSMU's net sales increase was 0 (gross — 0); for August 2026 — 0 (gross — 0). The comparison covers the same projects that were in the register in both months.
During the month, 1 KazSMU project with 194 apartments entered the register of shared-equity construction. Entry into the register means the developer has received permission to raise equity holders' funds and can officially sell apartments during construction.
| ЖК | Developer | Scheme | Apartments | Scheduled completion |
|---|---|---|---|---|
| Maxima City (Phase 3) | KazSMU | БВУ | 194 | July 2027 |
13% of KazSMU projects are built with bank participation (BVU), 88% with a guarantee from KHC (Kazakhstan Housing Company), and 0% under an akimat permit (MIO).
| Scheme | Properties | Net sales growth |
|---|---|---|
| Bank involvement (Second-tier banks) | 1 | 0 |
| KZHIK Guarantee | 7 | 0 |
| Akimat (local executive body) permit | 0 | 0 |
By the class stated in the register, most KazSMU projects are economy (7 projects). The register class is set by the developer according to the national comfort standard; the marketing class in a complex's advertising may differ.
| Class | Properties | Net sales growth | Apartments remaining |
|---|---|---|---|
| Economy class | 7 | 0 | 372 |
KazSMU's largest unsold stock is 2-bedroom apartments: 181. 3-bedroom apartments sell faster: 31% 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.
| Rooms | Apartments | Sold | Remaining | Sold-out rate | Typical area |
|---|---|---|---|---|---|
| 1 | 163 | 8 | 155 | 5 % | 34.9 m² (34.9–34.9) |
| 2 | 220 | 39 | 181 | 18 % | 53.4 m² (53.4–53.4) |
| 3 | 51 | 16 | 35 | 31 % | 61.7 m² (61.7–61.7) |
No new KazSMU sales were recorded in the register in August 2026.
The registry includes 1 project with 194 apartments: Maxima City (Phase 3) (KazSMU).
According to the register, 372 of 434 apartments are unsold (sell-through 14%).
The register lists no KazSMU projects with a planned completion date before the end of the year.
13% of projects are built with second-tier bank participation, 88% with a KHC guarantee, and 0% under an akimat permit. Each residential complex's scheme is shown on its page in the 'Guarantees' section.
No new entries for KazSMU appeared in the official list of unscrupulous developers in August 2026.
From the state register of shared construction (homeportal.kz). Salemdom saves a complete snapshot of the register daily; this digest compares the snapshots from July 31, 2026, and August 31, 2026. Prices are taken from developers' catalogs on 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.
BI Group · My Home · ULYTAU Group · BAZIS-A · Stroy Opt · Sensata Group · Via Strоy Construction · Ahsel · OKSD · TUMAR Group · Atamura Group · Turan Kurylis NS · MERIDIAN stroy LTD · Beles Holding · EKM COMPANY · Kanfar Building · PARASAT CAPITAL · Kapital Stroy Kontrakt · БК-СТРОЙ · RAMS · NAK · Zhetisu Residential Complex