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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

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)