BUILDING STATISTICS - September 2015

FBoS Release No: 80, 2015
15th December 2015


A: BUILDING PERMITS ISSUED

A total of 418 Building Permits for construction work valued at $66.4 million were issued in the September quarter of 2015.

When compared to the June quarter of 2015, the number of permits issued and the total value for construction works approved recorded increases of 9.7 and 35.9 per cent respectively.

Graph 1

buildSep15a

When compared to the September quarter of 2014, the number of permits issued and their values were 12.4 and 9.9 per cent higher respectively. Of the $66.4 million of building works approved, 28.0 per cent were for Private Dwellings, 68.0 per cent were for Non Private dwellings and the remaining 4.0 per cent were for Alterations and Miscellaneous work. Building Permits issued for Factories, Commercial, Educational, Hotels and Religious Buildings contributed significantly to the Non Private dwellings component.

 

 

 

 

The percentage break-down and value of Building Permits issued by Division were as follows; Central (60.5 per cent with a value of $33.4 million), Western (33.5 per cent with a value of $29.7 million), Northern and Eastern (6.0 per cent with a value of $3.3 million).

B: COMPLETION CERTIFICATES ISSUED

A total of 141 Completion Certificates with a value of $44.0 million were issued in the September quarter of 2015.

Compared to the June quarter of 2015, the number of completion certificate issued and the total value for construction works approved recorded an increase of 6.8 and 110.6 per cent respectively

Graph 2

buildSep15b

When compared to the September quarter of 2014, the number of completion certificates issued and the total value of building works completed were 12.8 per cent and 263.7 per cent higher respectively.

Of the $44.0 million in building works completed, 34.3 per cent were for Private Dwellings, 63.1 per cent were for Non Private dwellings and the remaining 2.6 per cent were for Alterations and Miscellaneous work.

 

 

Completion Certificates issued for Hospital, Factories, Educational, Commercial, Hotels and Religious Buildings contributed significantly to the Non Private dwellings component.

The percentage break-down and value of Completion Certificates issued by Division were as follows; Central (63.8 per cent with a value of $32.6 million) and Western (34.0 per cent with a value of $11.1 million), Northern and Eastern (2.1 per cent with the value of $0.3 million).

The figures in this release are derived from information provided by the City and Town Councils and Rural Local Authorities.

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Users of Building Statistics should exercise caution in interpreting statistics relating to the Building Permits and the Completion Certificates issued for specific periods due to the time lag between the Building Permits issued and the Completion Certificates issued. Thus, proper care should be taken when using these figures.

For further enquiries please contact Mr. Antonio Sokomuri on email or telephone 331 5822 ext (386 245) or direct line 323 0842.

Building Statistics for December quarter of 2015 will be released on 5th March, 2016.