{"id":25037,"date":"2020-07-16T12:35:07","date_gmt":"2020-07-16T10:35:07","guid":{"rendered":"https:\/\/ijg.net\/research\/?p=25037"},"modified":"2020-07-16T12:35:09","modified_gmt":"2020-07-16T10:35:09","slug":"building-plans-february-2020","status":"publish","type":"post","link":"https:\/\/ijg.net\/research\/building-plans-february-2020\/","title":{"rendered":"Building Plans \u2013 February 2020"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

A total of 205\nbuilding plans were approved by the City of Windhoek in February, 84 more than\nin January. In value terms, approvals rose by N$35.4 million to N$224.8 million\nin February from N$189.4 million worth of approvals in January. A total of 34\nbuilding plans were completed at a value of N$41.5 million in February.\nYear-to-date, N$414.2 million worth of building plans have been approved. On a\ntwelve-month cumulative basis, 2,024 building plans were approved worth\napproximately N$1.96 billion, 1.2% higher in value terms than cumulative\napprovals in February 2019.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The largest number of building plan\napprovals in February were made up of additions to properties. 164 additions to\nproperties were approved with a value of N$94.3 million, 18.4% less in value\nterms than in February 2019. Year-to-date 262 additions to properties have been\napproved with a value of N$129.9 million, a 13.5% y\/y decline in value terms. 13\nadditions worth N$9.1 million were completed during the month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

New residential\nunits accounted for 28 of the total 205 approvals registered in February, 11\nmore than the 17 residential units approved in January. In value terms, N$108.6\nmillion worth of residential units were approved in February, 511.5% more than\nthe N$17.8 million worth of residential approvals in January. It should however\nbe noted that one of these residential approvals is a N$71.0 million project.\nYear-to-date 45 residential units have been approved, 16 fewer than during the\ncorresponding period in 2019. In monetary terms, N$126.4 million worth of new\nresidential plans have been approved year-to-date, a decrease of 39.6% when\ncompared to the corresponding period last year. 21 new residential units worth\nN$32.4 million were completed during the month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

13 New commercial units valued at\nN$21.9 million were approved in February, bringing the year-to-date number of\napprovals to 19, worth a total of N$157.9 million. On a rolling 12-month\nperspective, the number of commercial and industrial approvals have increased\nto 61 units worth N$647.3 million as at February, compared to the 39 approved\nunits worth N$449.0 million over the corresponding period a year ago. No\ncommercial and industrial units were completed in February.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

In the last 12\nmonths, 2,024 building plans have been approved, down 6.5% y\/y in terms of\nnumber of approvals, but up 1.2% y\/y in terms of value. Year-to-date, the total\nvalue of building plan approvals was down 7.1% y\/y from the corresponding\nperiod in 2019.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

A total of 205 building plans were approved by the City of Windhoek in February, 84 more than in January. In value terms, approvals rose by N$35.4 million to N$224.8 million in February from N$189.4 million worth of approvals in January. A total of 34 building plans were completed at \u2026 Continue reading → <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,6],"tags":[],"class_list":["post-25037","post","type-post","status-publish","format-standard","hentry","category-buildingplans","category-economicresearch"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts\/25037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/comments?post=25037"}],"version-history":[{"count":1,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts\/25037\/revisions"}],"predecessor-version":[{"id":25045,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/posts\/25037\/revisions\/25045"}],"wp:attachment":[{"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/media?parent=25037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/categories?post=25037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ijg.net\/research\/wp-json\/wp\/v2\/tags?post=25037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}