SDN Developer: Residential Complexes, guarantees, and timelines according to the state register
Developer SDN: 3 shared-equity projects in the state register (Atyrau — 2, Shymkent — 1), since 2022. BVU/KHC/MIO schemes 0/0/3, 30% of apartments sold, #25…
- Properties in registry: 3
- Residential Complex: 2
- Cities: Atyrau (2), Shymkent (1)
- Construction start date: 2022
- Bank / Housing Savings Bank / Local Executive Body schemes: 0 / 0 / 3
- Apartments in registry: 672, 30% sold
- Scheduled completion date reached: 3 of 3
- Place in the sales ranking: 25th of 62, 200 apartments sold
- Salemdom score: 52.5 out of 100
SDN residential complexes on Salemdom
Shymkent · 1
- KAUSAR RIVERSIDE Ready for occupancy
Atyrau Region · 1
- Brooklyn Ready for occupancy
Registered Legal Entities
- SDN Construction LLP — БИН 040240016753
Score breakdown
- Scale: 7.5 out of 25
- Experience: 7.9 of 15
- Registration deadlines: 17.8 out of 20
- Demand: 6 out of 20
- Transparency: 5.3 out of 12
- Supervision: 8 out of 8
How the score is calculated
The score from 0 to 100 is made up of six components, each calculated solely from facts in the state register of shared-equity construction (homeportal.kz). Reviews, advertising and opinions are not taken into account. The equity holder protection schemes — BVU, KHC and MIO — are equally valid: all three are provided for by law, so the scheme does not affect the score. The weights are published so they can be discussed. Brands with a single project in the register are not ranked, as a score based on one building is unreliable.
| Component | Max. | Materials |
|---|---|---|
| Scale | 25 | Number of listings in the registry |
| Experience | 15 | years from the start of construction (8 years = maximum) |
| Registry deadlines | 20 | доля объектов с наступившим плановым сроком ввода; минус, если срок прошёл, а прогресс < 100 % |
| Demand | 20 | Sold-out rate according to registry data |
| Transparency | 12 | photos, residential complex website, and KZhK monitoring report |
| Supervision | 8 | Managed by an authorized or supervisory company |
| Penalty | -30% | The legal entity is on the official blacklist of unreliable developers. |
Frequently asked questions
Is SDN a reliable developer?
Reviews are subjective, so we look at the facts in the state register of shared-equity construction. Salemdom score based on register facts — 52.5 out of 100. With bank participation — 0 of 3 projects, under an akimat permit — 3. The brand’s legal entities are not on the list of unscrupulous developers.
How many properties does the developer SDN have in the state register?
3 equity-funded projects — 2 residential complexes (Atyrau — 2, Shymkent — 1). A registered project refers to a separate phase or block with its own permit to attract shared-equity funding, which is why there are more projects than residential complexes.
In which cities does SDN build?
According to the state register, SDN is building in 2 cities: Atyrau — 2, Shymkent — 1.
How many years has SDN been in the market?
The first SDN project entered into the state register of shared construction began in 2022—about 4 years ago. Only projects funded by shared equity investors are included; projects completed before the registry was established or funded by the developer's own capital are not listed.
Which SDN residential complexes are available on Salemdom?
Salemdom features two residential complexes by developer SDN: KAUSAR RIVERSIDE (Shymkent) and Brooklyn (Atyrau). Each listing includes registry data, completion dates, location and, where sales have opened, floor plans and apartment prices.
Which SDN residential complexes are currently under construction and when will they be completed?
As of the register export date (October 12, 2026), all SDN projects have already reached their scheduled completion date. New phases will appear in the register once the developer obtains a permit to raise funds.
Does SDN deliver homes on time?
Of the 3 properties with completion dates, all 3 have already reached their scheduled deadline. However, commissioning certificates are not yet listed in the registry. Since the registry is updated with a delay, it is best to verify the acceptance status of a specific building—leave a request on Salemdom, and we will check it for you.
Does SDN have any overdue construction projects?
According to the register, one SDN project has passed its scheduled completion date, while construction readiness is below 100%. Consequently, the rating score for timelines has been reduced. Before purchasing in such a building, verify whether the permit has been extended and what scheme protects the shareholders' funds.
What equity holder protection schemes does SDN use?
According to the register: second-tier bank (BVU) participation — 0 projects, Kazakhstan Housing Company (KHC) guarantee — 0, akimat permit (MIO) — 3. With bank participation, equity holders’ money goes through the bank under its control; a KHC guarantee means the building will be completed if the developer runs into problems; an akimat permit is issued after the building’s frame is erected. All three schemes are provided for by law.
Can I buy an apartment from SDN using a bank-backed escrow account?
No: SDN has no projects with bank participation in the register; 3 under an akimat permit. On average across the register, 61% of projects are built with a bank.
How many apartments has SDN sold?
According to the registry, the developer has 672 apartments, with 200 sold — 30%. Sales data is available for 3 out of 3 projects; since the developer updates the sales figures themselves, the data may be lagging.
How to find out the prices for SDN apartments?
SDN does not currently have an open catalog of apartment prices on Salemdom. Please submit a request on Salemdom, and a broker will provide details on availability, pricing, and installment or mortgage terms for the specific residential complex you are interested in.
Is SDN on the list of unreliable developers?
No: SDN legal entities are not on the official list of unreliable developers. We verify via BIN every time the registry is updated.
Where does SDN rank among Kazakhstan's real estate developers?
25th place in the ranking of Kazakhstan developers by sales: 200 apartments sold in total across all SDN projects in the state register of shared-equity construction. The ranking counts only the number of apartments sold — no ratings or advertising. Separately, based on register facts (scale, experience, timeliness, demand, transparency, supervision), SDN has a Salemdom score of 52.5 out of 100.
What are the strengths and weaknesses of SDN compared to other developers?
SDN’s strongest rating components: supervision — 8 out of 8, timeliness per register — 17.8 out of 20. Weakest: scale — 7.5 out of 25, demand — 6 out of 20. Each component is calculated from register facts; the score formula is published on the rating page.
How does SDN compare to other developers in Atyrau?
In Atyrau, 13 developers have projects in the register; by rating score, SDN ranks 5th among them. The top is BI Group (77.5). SDN has 2 projects in Atyrau.
How transparent is the developer SDN?
According to the registry, 100% of SDN properties have construction photos, 33% have a residential complex website, and 0% have a monitoring report from the Kazakhstan Housing Company. The more public materials available for a property, the easier it is to verify the actual progress of construction.
Who is supervising the construction for SDN?
An authorized or supervisory company is listed in the register for 100% of SDN properties.
Which legal entities are registered under SDN in the shared construction registry?
SDN Construction LLP (BIN 040240016753). Properties under a single brand are often registered to different LLPs; please verify the BIN in the contract against the registry before closing the deal.
Which is SDN's largest residential complex?
By the number of apartments in the registry — Brooklyn (Атырау): 468 apartments, scheduled completion — August 2025.
How to vet SDN developer before buying an apartment?
Find the project in the shared-equity construction register and check three things: the seller’s BIN in the contract matches the developer’s BIN in the register, the money protection scheme (bank participation, KHC guarantee or akimat permit) and the scheduled completion date. On Salemdom, all of this is collected in the “Guarantees” section of each SDN residential complex, which also shows whether there is an entry in the list of unscrupulous developers.
How to buy an SDN apartment via Salemdom?
Choose a residential complex and an apartment on Salemdom and submit a request. A Salemdom broker will confirm availability and the current price, compare mortgage programs, and assist you with the transaction. Buy an apartment with a Salemdom broker and receive a double mattress as a gift.
Where does the developer data for SDN come from, and how often is it updated?
From the state register of shared-equity construction (homeportal.kz): project cards, protection schemes, deadlines, sales and the list of unscrupulous developers. The register is re-read at least once a week; the latest export was on October 12, 2026. Apartment prices come from the catalogs of developers connected to Salemdom.
SDN sales by month
25th place в in the Kazakhstan developer sales ranking: 200 apartments sold in total according to the state register.
| Month | Sold | Net change | New objects | Overview |
|---|---|---|---|---|
| September 2026 | 0 | 0 | 0 | digest |
| August 2026 | 0 | 0 | 0 | digest |
| July 2026 | 58 | +58 | 0 | digest |