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06-08-2021 13:24

Building Permits: May 2021

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during May 2021 stood at 633. The total value of these permits reached €307,7 million and the total area 268,7 thousand square metres. These building permits provide for the construction of 1.061 dwelling units.

During the period January – May 2021, 3.157 building permits were issued compared to 2.429 in the corresponding period of the previous year, recording an increase of 30,0%. The total value of these permits increased by 27,0% and the total area by 35,4%. The number of dwelling units recorded an increase of 38,2%.

Building permits constitute a leading indicator of future activity in the construction sector.

Table 1

Type of Project

Number or Permits

Percentage Change (%)

May 2021

Jan-May

2021

Jan-May 2020

Jan-May 2021/

Jan-May 2020

Residential Buildings

453

2.256

1.792

25,9

Non-residential Buildings

109

472

309

52,8

Civil Engineering Projects

26

177

108

63,9

Division of Plots

39

201

152

32,2

Road Construction

6

51

68

-25,0

Total

633

3.157

2.429

30,0

 

Table 2

Type of Project

Area (m²)

Percentage Change (%)

May 2021

Jan-May

2021

Jan-May 2020

Jan-May 2021/

Jan-May 2020

Residential Buildings

217.233

842.922

601.568

40,1

Non-residential Buildings

51.039

121.270

110.819

9,4

Civil Engineering Projects

422

2.891

2.091

38,3

Total

268.694

967.083

714.478

35,4

 

Table 3

Type of Project

Value (€000’s)

Percentage Change (%)

May 2021

Jan-May

2021

Jan-May 2020

Jan-May 2021/

Jan-May 2020

Residential Buildings

254.393

891.065

641.208

39,0

Non-residential Buildings

46.871

115.823

130.312

-11,1

Civil Engineering Projects

2.266

42.885

45.618

-6,0

Division of Plots

3.849

15.322

12.627

21,3

Road Construction

281

3.172

11.498

-72,4

Total

307.660

1.068.267

841.263

27,0

 

Table 4

Residential Buildings

Number of Dwelling Units

Percentage Change (%)

May 2021

Jan-May

2021

Jan-May 2020

Jan-May 2021/

Jan-May 2020

Single houses

300

1.394

992

40,5

Buildings with two housing units

87

378

380

-0,5

Residential apartment blocks

544

2.418

1.711

41,3

Residential/commercial apartment blocks

130

224

112

100,0

Total

1.061

4.414

3.195

38,2

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

(NG/SCH)