BUILDING STATISTICS - March 2017

FBoS Release No: 45, 2017
01st September 2017


Building Statistics shows the number and value of permits and completion certificates issued during a period. The information is compiled using data supplied by the City & Town Councils and Rural Local Authorities.

A: BUILDING PERMITS ISSUED

buildMar17aKey Facts

  • A total of 406 Building Permits for construction work valued at $75.8 million were issued in the March quarter of 2017.
  • When compared to the December quarter 2016, the number of Building Permits issued fell by 1.9 percent, while the corresponding value of work increased by 3.3 percent.
  • When compared to the March quarter 2016, the number of Building Permits issued and the corresponding value of works increased by 7.1 percent and 26.4 percent respectively.

 

 

 

 

 

 

buildMar17bThe Breakdown by Division of the $75.8 million value associated with Building Permits issued, were as follows:

  • Central and Eastern Division accounted for 58.7 percent;
  • Western Division accounted for 25.7 percent; and
  • Northern Division accounted for 15.6 percent.

 

 

 

 

B: COMPLETION CERTIFICATES ISSUED

buildMar17cKey Facts

  • A total of 133 Completion Certificates with a value of $27.2 million were issued in the March quarter of 2017.
  • When compared to the December quarter of 2016, the number of Completion Certificates issued fell by 9.5 percent, while the value construction work associated with the Completion Certificate increased by 10.2 percent.
  • When compared to March quarter 2016 the number of Completion Certificates issued fell by 3.6 percent, while the corresponding value increased by 53.3 percent.

 

 

 

 

 

 

 

buildMar17dThe Breakdown by Division of the $27.2 million value associated with the Completion Certificates issued were as follows:

  • Central and Eastern Division accounted for 66.5 percent;
  • Western Division accounted for 31.6 percent; and
  • Northern Division accounted for 1.9 percent.

 

 

 

 

Caution:
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.

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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 June quarter of 2017 will be released in September 2017.