Increase in both area (28.5%) and value (45.8%)
The Statistical Office announces that the number of building permits issued by municipal authorities and provincial administrations in January 2023 reached 590. The total value of these permits reached €241.3 million and the total area reached 203.1 thousand square meters. With these permits it is planned to build 938 residential units.
Compared to the same month last year, the number of building permits issued increased by 10.3%. The total value of these permits increased by 45.8% and the total floor area by 28.5%. The number of housing units increased by 46.6%.
Building permits are an important indicator of future activity in the construction sector.
|
Table 1 |
[/TD]
[TR] [TD]
Project category
[/TD] [TD]Number of permits
[/TD] [/TD] [TD]Percent Change (%)
[/TD] [/TD] [/TR] [TR] [TD]Jan 2023
[/TD] [TD]Jan
[/TD] [TD]Jan 2022
[/TD] [TD]Jan-Dec 2022
[/TD] [TD]
Jan 2023/ Jan 2022
[/TD] [/TD] [/TR] [TR] [TD]Residential Buildings
[/TD] [TD]412
[/TD] [TD]361
[/TD] [TD]5.210
[/TD] [TD]14.1
[/TD] [/TR] [TR] [TD]Non-Residential Buildings
[/TD] [TD]95
[/TD] [TD]83
[/TD] [TD]1.160
[/TD] [TD]14.5
[/TD] [/TR] [TR] [TD]Civil Engineering Projects
[/TD] [TD]27
[/TD] [TD]35
[/TD] [TD]515
[/TD] [TD]-22,9
[/TD] [/TD] [/TR] [TR] [TD]Building Division
[/TD] [TD]40
[/TD] [TD]46
[/TD] [TD]529
[/TD] [TD]-13,0
[/TD] [/TR] [TR] [TD]Road Construction
[/TD] [TD]16
[/TD] [TD]10
[/TD] [TD]190
[/TD] [TD]60,0
[/TD] [/TR] [TR] [TD]Total
[/TD] [TD]590
[/TD] [TD]535
[/TD] [TD]7.604
[/TD] [TD]
10
[/TD],[/B]3 [/TD] [/TR]
| Table 2 |
[TR] [TD]
Project Category
[/TD] [TD]Area (m²)
[/TD] [TD]
Percentage Change (%)
[/TD] [/TR] [TR] [TD]
Jan 2023
[/TD] [TD]
Jan
[/TD] [TD]2022
[/TD] [TD]Jan-Dec 2022
[/TD] [TD]
Jan 2023/ Jan 2022
[/TD] [/TR] [TR] [TD]Residential Buildings
[/TD] [TD]176.178
[/TD] [TD]123,661
[/TD] [TD]1,806.617
[/TD] [TD]42.5
[/TD] [/TR] [TR] [TD]Non-Residential Buildings
[/TD] [TD]26,591
[/TD] [TD]34,008
[/TD] [TD]382.732
[/TD] [TD]-21.8
[/TD] [/TR] [TR] [TD]Civil Engineering Projects
[/TD] [TD]294
[/TD] [TD]325
[/TD] [TD]9.893
[/TD] [TD]-9.5
[/TD] [/TR] [TR] [TD]
Total
[/TD] [TD]203063
[/TD] [TD]
157.994
[/TD] [/TD] [TD]2.199.242
[/TD] [/TD] [TD]28,5
[/TD] [/TR] Table 3 [TR] [TD] Project Category Value (€000's) Percentage Change (%) Jan 2023 Jan 2022 Jan-Dec 2022 Jan 2023/ Jan 2022 Residential Buildings 197.289 126,555 1,896,653 55.9 Non-Residential Buildings 36,172 32.316 442,101 11.9 Civil Engineering Projects 3,970 1,885 92.640 110.6 Land Division 2.754 4.311 48.504 -36.1 Road construction 1.082 446 16,740 142.6 Total 241.267 165,513 2,496.638 45,8
Table 4 [TR] [TD] Residential Buildings Number of Residential Buildings Units Percentage Change (%) Jan 2023 Jan Jan 2022 Jan-Dec 2022 Jan 2023/ Jan 2022 Single Family Houses 216 243 3.157 -11.1 Duplexes 60 62 950 -3,2 Residential apartment buildings 620 298 5.341 108.1 Mixed multifamily 42 37 394 13,5 Total 938 640 9.842 46,6
Methodological Information
Purpose and coverage
The purpose is to collect basic data concerning residential and non-residential buildings as well as other building activities such as civil engineering projects, land division and road construction, by province (urban and rural areas). For each category of project, information is compiled on the number of permits issued, the area and value of the project and the number of housing units planned to be built.
All building permits issued by local government authorities, i.e. town halls, provincial administrations of the Ministry of Interior and the Community Council of Agios Tychonas are covered.
Data collection
The Statistical Service receives on a monthly basis from all local government authorities copies of all building permit forms issued by them. The information contained in the forms is appropriately coded by the Statistics Office to produce the statistics. The EU Classification of Construction (CC) is used to categorise the different building projects.
For more information:
Statistical Office Portal, under Construction, CYSTAT-DB (Database), Predefined Tables (Excel)
The Predefined Tables in Excel format include data up to December 2022. For January 2023 and thereafter, the update is done only in the CYSTAT-DB Database.
Contact: Tel. Postal: amoustakas@cystat.mof.gov.cy
(NΓ/EXP)
Contents of this article including associated images are belongs PIO
Views & opinions expressed are those of the author and/or PIO
Source
