10-06-2021 14:08
Building Permits: March 2021 – Increase both in Area (12,0%) and in Value (9,1%)
The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during March 2021 stood at 747. The total value of these permits reached €199,8 million and the total area 206,1 thousand square meters. These building permits provide for the construction of 1.033 dwelling units.
During the period January – March 2021, 1.897 building permits were issued compared to 1.526 in the corresponding period of the previous year, recording an increase of 24,3%. The total value of these permits increased by 9,1% and the total area by 12,0%. The number of dwelling units recorded an increase of 26,2%.
Building permits constitute a leading indicator of future activity in the construction sector.
Table 1 |
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Type of Project |
Number or Permits |
Percentage Change (%) |
||
Mar 2021 |
Jan-Mar 2021 |
Jan-Mar 2020 |
Jan-Mar 2021/ Jan-Mar 2020 |
|
Residential Buildings |
534 |
1.362 |
1.101 |
23,7 |
Non-residential Buildings |
105 |
271 |
206 |
31,6 |
Civil Engineering Projects |
37 |
107 |
65 |
64,6 |
Division of Plots |
49 |
124 |
104 |
19,2 |
Road Construction |
22 |
33 |
50 |
-34,0 |
Total |
747 |
1.897 |
1.526 |
24,3 |
Table 2 |
||||
Type of Project |
Area (m²) |
Percentage Change (%) |
||
Mar 2021 |
Jan-Mar 2021 |
Jan-Mar 2020 |
Jan-Mar 2021/ Jan-Mar 2020 |
|
Residential Buildings |
194.116 |
452.930 |
364.010 |
24,4 |
Non-residential Buildings |
11.680 |
51.227 |
85.633 |
-40,2 |
Civil Engineering Projects |
291 |
1.371 |
1.620 |
-15,4 |
Total |
206.087 |
505.528 |
451.263 |
12,0 |
Table 3 |
||||
Type of Project |
Value (€000’s) |
Percentage Change (%) |
||
Mar 2021 |
Jan-Mar 2021 |
Jan-Mar 2020 |
Jan-Mar 2021/ Jan-Mar 2020 |
|
Residential Buildings |
182.811 |
444.267 |
380.238 |
16,8 |
Non-residential Buildings |
9.441 |
50.377 |
82.754 |
-39,1 |
Civil Engineering Projects |
2.789 |
24.673 |
5.941 |
315,3 |
Division of Plots |
3.284 |
8.317 |
9.298 |
-10,6 |
Road Construction |
1.448 |
2.333 |
7.595 |
-69,3 |
Total |
199.773 |
529.967 |
485.826 |
9,1 |
Table 4 |
||||
Residential Buildings |
Number of Dwelling Units |
Percentage Change (%) |
||
Mar 2021 |
Jan-Mar 2021 |
Jan-Mar 2020 |
Jan-Mar 2021/ Jan-Mar 2020 |
|
Single houses |
369 |
814 |
639 |
27,4 |
Buildings with two housing units |
96 |
217 |
217 |
0,0 |
Residential apartment blocks |
548 |
1.302 |
946 |
37,6 |
Residential/commercial apartment blocks |
20 |
65 |
98 |
-33,7 |
Total |
1.033 |
2.398 |
1.900 |
26,2 |
METHODOLOGICAL INFORMATION
Scope and coverage
The purpose is the collection of basic data concerning residential and non-residential buildings as well as other construction activities such as civil engineering projects, division of plots and road construction, by district (both urban and rural areas). For each type of project, information is compiled on the number of permits authorized, the area and the value of the project and the number of dwelling units that are expected to be built.
Data cover all building permits authorized by local authorities, namely the municipalities, the district administration offices of the Ministry of Interior and the Agios Tychonas Community Board.
Data collection
The Statistical Service receives on a monthly basis from all local authorities copies of all the building permits issued. The information contained in these forms is appropriately coded by the Statistical Service in order to produce the statistics. The EU Classification of Types of Construction (CC) is used to categorize the various construction projects.
For more information:
Statistical Service (CYSTAT) Website, subtheme Construction
Contact
Achilleas Moustakas: Tel.: 22602156, E-mail: amoustakas@cystat.mof.gov.cy
(MV/ECHR)
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