Average Real Estate Project Director Salary in Kyrgyzstan for 2024

In this article, we will look at the average Real Estate Project Director salary for 2024 in Kyrgyzstan and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Kyrgyzstani som. To keep things simple, we are using the KGS currency code instead of the currency symbol ั.

How Much Does a Real Estate Project Director Make in Kyrgyzstan?

A Real Estate Project Director working in Kyrgyzstan will typically earn around 398,300 KGS per year, and this can range from the lowest average salary of about 214,000 KGS to the highest average salary of 600,000 KGS.

Average Annual Salary
398,300 KGS
Average Monthly Salary
33,191 KGS

Lowest Annual Salary
214,000 KGS
Lowest Monthly Salary
17,833 KGS

Highest Annual Salary
600,000 KGS
Highest Monthly Salary
50,000 KGS

These are average salaries for a Real Estate Project Director in Kyrgyzstan and include benefits such as housing and transport. It's also possible for a Real Estate Project Director to earn more or less than the average salaries shown above.

Real Estate Project Director salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Real Estate Project Director Salaries in Kyrgyzstan

So we've looked at the average salaries a Real Estate Project Director will earn in Kyrgyzstan. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Real Estate Project Director can earn between 214,000 KGS and 600,000 KGS on average in Kyrgyzstan. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Real Estate Project Director in Kyrgyzstan is 366,200 KGS. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 366,200 KGS, and 50% of the population earn more than 366,200 KGS.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Real Estate Project Director salary in Kyrgyzstan, 25% of the population are earning less than 263,200 KGS while 75% of the population earn more than 263,200 KGS.

75% of the population earn less than 444,300 KGS, and 25% of the population earn more than 444,300 KGS.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Real Estate Project Director Salary by Experience Level in Kyrgyzstan

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average real estate project director salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Real Estate Project Director in Kyrgyzstan that has less than two years of experience can expect to earn somewhere in the region of 251,500 KGS.
  • 2 - 5 Years Experience. With two to five years of experience the average Real Estate Project Director salary would increase to 313,700 KGS.
  • 5 - 10 Years Experience. From five to ten years of experience as a Real Estate Project Director, the average salary would be 417,200 KGS.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 489,500 KGS.
  • 15 - 20 Years Experience. A Real Estate Project Director with 15 to 20 years of experience can earn an average of 539,700 KGS.
  • 20+ Years Experience. For a Real Estate Project Director with more than 20 years, the expected average salary increases to 574,200 KGS.

Average Salary by Experience Chart

0-2 Years
251,500 KGS
2-5 Years +26%
313,700 KGS
5-10 Years +32%
417,200 KGS
10-15 Years +18%
489,500 KGS
15-20 Years +11%
539,700 KGS
20+ Years +6%
574,200 KGS

Real Estate Project Director Salary by Education Level in Kyrgyzstan

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Real Estate Project Director in Kyrgyzstan based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Real Estate Project Director in Kyrgyzstan with a high school education can earn an average salary of 301,700 KGS.

  • Certificate or Diploma. A Real Estate Project Director in Kyrgyzstan with a certificate or diploma education can earn an average salary of 341,900 KGS.

  • Bachelor's Degree. A Real Estate Project Director in Kyrgyzstan with a bachelor's degree education can earn an average salary of 450,300 KGS.

  • Master's Degree. A Real Estate Project Director in Kyrgyzstan with a master's degree education can earn an average salary of 558,300 KGS.

Average Salary by Education Chart

High School
301,700 KGS
Certificate or Diploma +13%
341,900 KGS
Bachelor's Degree +32%
450,300 KGS
Master's Degree +24%
558,300 KGS

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Kyrgyzstan is around 97,400 to 292,000 KGS and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Real Estate Project Director Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Kyrgyzstan, a male real estate project director will earn an average of 411,400 KGS, while a female real estate project director will earn around 384,200 KGS.

This means that a male real estate project director earns approximately 7% more than a female real estate project director for performing the same job.

Average Salary by Gender Chart in Kyrgyzstan

Male
411,400 KGS
Female -7%
384,200 KGS

Real Estate Project Director Average Pay Raise in Kyrgyzstan

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Real Estate Project Director in Kyrgyzstan is around 9% every 30 months.

The national average pay raise across all professions and industries in Kyrgyzstan is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 30 ) × 12  = 4%

What this means is that a Real Estate Project Director in Kyrgyzstan can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Kyrgyzstan for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Kyrgyzstan.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Real Estate Project Director Bonus and Incentive Rates in Kyrgyzstan

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Real Estate Project Director is a moderate bonus based job, with 60% of employees reporting at least one bonus in the last 12 months.

40% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 7%.

Received Bonus
60%
No Bonus
40%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Kyrgyzstan earn approximately 17% more than private sector employees in the same role.

Public Sector
254,700 KGS
Private Sector -17%
216,800 KGS

Salaries for Jobs Similar to a Real Estate Project Director

In the table below, we have salary information for jobs that are similar to a Real Estate Project Director in Kyrgyzstan.

Job Title Category Salary
Acquisition Associate Real Estate 197,600 KGS
Assistant Leasing Manager Real Estate 252,300 KGS
Assistant Property Manager Real Estate 261,300 KGS
Brokerage Real Estate 204,000 KGS
Brokerage Clerk Real Estate 104,080 KGS
Commercial Leasing Manager Real Estate 388,100 KGS
Commercial Real Estate Manager Real Estate 417,100 KGS
Community Development Manager Real Estate 372,600 KGS
Compliance Specialist Real Estate 194,600 KGS
Development Coordinator Real Estate 197,600 KGS
Director of Real Estate Real Estate 447,700 KGS
Lease Administrator Real Estate 257,700 KGS
Leasing Agent Real Estate 207,700 KGS
Leasing Consultant Real Estate 249,600 KGS
Leasing Manager Real Estate 267,100 KGS
Lettings Assistant Real Estate 105,800 KGS
Portfolio Analyst Real Estate 352,000 KGS
Portfolio Manager Real Estate 487,600 KGS
Property Acquisition Agent Real Estate 181,600 KGS
Property and Claims Specialist Real Estate 249,600 KGS
Property Manager Real Estate 308,900 KGS
Property Operations Manager Real Estate 417,100 KGS
Property Tax Assistant Real Estate 208,600 KGS
Real Estate Administrator Real Estate 228,000 KGS
Real Estate Agent Real Estate 204,700 KGS
Real Estate Analyst Real Estate 273,000 KGS
Real Estate Appraiser Real Estate 210,500 KGS
Real Estate Appraiser Real Estate 216,800 KGS
Real Estate Appraiser Real Estate 218,900 KGS
Real Estate Assistant Real Estate 205,700 KGS
Real Estate Association Manager Real Estate 288,100 KGS
Real Estate Broker Real Estate 194,600 KGS
Real Estate General Manager Real Estate 406,300 KGS
Real Estate Project Manager Real Estate 349,300 KGS
Real Estate Sales Agent Real Estate 200,000 KGS
Real Estate Valuer Real Estate 207,700 KGS
Research Analyst Real Estate 192,000 KGS
Residential Advisor Real Estate 238,900 KGS
Residential Property Manager Real Estate 292,000 KGS
Shopping Center Manager Real Estate 420,800 KGS
Town Planner Real Estate 413,900 KGS

Salary Comparison by City

If you want to compare salaries with different cities in Kyrgyzstan, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Bishkek 437,300 KGS

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