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06-12-2023 14:55

Building Permits: September 2023

 

The Statistical Service announces that the number of building permits authorised by the municipal authorities and the district administration offices during September 2023 stood at 612. The total value of these permits reached €275,4 million and the total area 214,1 thousand square metres. These building permits provide for the construction of 1.030 dwelling units.

During the period January – September 2023, 5.274 building permits were issued compared to 5.701 in the corresponding period of the previous year, recording a decrease of 7,5%. The total value of these permits increased by 15,7% and the total area by 2,9%. The number of dwelling units recorded an increase of 8,6%. 

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

 

Table 1

Type of Project

Number of Permits

Percentage Change (%)

Sep 2023

Jan-Sep

 2023

Jan-Sep 2022

  Jan-Sep 2023/

Jan-Sep 2022

Residential Buildings

412

3.610

3.900

-7,4

Non-residential Buildings

86

765

876

-12,7

Civil Engineering Projects

39

308

385

-20,0

Division of Plots

56

425

402

5,7

Road Construction

19

166

138

20,3

Total

612

5.274

5.701

-7,5

 

Table 2

Type of Project

Area (m²)

Percentage Change (%)

Sep 2023

Jan-Sep

 2023

Jan-Sep 2022

  Jan-Sep 2023/

Jan-Sep 2022

Residential Buildings

170.443

1.416.396

1.352.320

4,7

Non-residential Buildings

43.405

249.986

266.186

-6,1

Civil Engineering Projects

226

6.644

7.736

-14,1

Total

214.074

1.673.026

1.626.242

2,9

 

Table 3

Type of Project

Value (€000’s)

Percentage Change (%)

Sep 2023

Jan-Sep

 2023

Jan-Sep 2022

  Jan-Sep 2023/

Jan-Sep 2022

Residential Buildings

217.177

1.723.176

1.411.844

22,1

Non-residential Buildings

43.827

278.494

323.453

-13,9

Civil Engineering Projects

8.778

92.792

70.135

32,3

Division of Plots

4.462

37.654

37.562

0,2

Road Construction

1.173

13.383

12.087

10,7

Total

275.417

2.145.499

1.855.081

15,7

 

Table 4

Residential Buildings

Number of Dwelling Units

Percentage Change (%)

Sep 2023

Jan-Sep

 2023

Jan-Sep 2022

  Jan-Sep 2023/

Jan-Sep 2022

Single houses

221

2.095

2.383

-12,1

Buildings with two housing units

136

659

696

-5,3

Residential apartment blocks

636

4.971

3.996

24,4

Residential/commercial apartment blocks

37

274

291

-5,8

Total

1.030

7.999

7.366

8,6

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 visit CYSTAT Portal, subtheme ConstructionCYSTAT-DB (Online Database), Predefined Tables (Excel), or contact Mr Achilleas Moustakas at tel. 22602156 or via e-mail at amoustakas@cystat.mof.gov.cy.

It is noted that the Predefined Tables, available in Excel format, include data up to December 2022. Data from January 2023 onwards are available only in the CYSTAT-DB Online Database.

(GS/NZ)