National Bank Assesses LRT Impact on Astana Apartment Prices
Summary
Apartments within walking distance of Astana's LRT stations show faster price growth, according to the National Bank.
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The National Bank of Kazakhstan analyzed the impact of the capital's light rail transit (LRT) project on the residential real estate market in its latest monetary policy report. The initiative is considered one of the city's most significant infrastructure developments.
According to the central bank, apartments located within walking distance of LRT stations are experiencing above-average price increases. Improved transport accessibility serves as the main driver of higher demand among buyers.
Experts note that large-scale urban infrastructure projects continue to play a direct role in driving property valuation and shaping price dynamics across key neighborhoods in Astana.
Source: Kursiv
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