The prospects appear to be brighter for Qatar's realty and construction sectors as there was robust expansion in the building permits issued this September vis-à-vis the previous month's levels, according to the official estimates.
Qatar issued a total of 736 building permits in September 2021 with Al Daayen, Al Rayyan and Doha municipalities together constituting as much as 64% of the total; said the figures released by the Planning and Statistics Authority (PSA).
There was a general 18% increase month-on-month in the building permits issued in Qatar with Al Shamal registering 190% growth, Al Khor (48%), Al Shamal (33%), Al Daayen (31%), Al Wakra (27%), Umm Slal (23%) and Doha (3%), while there was a 4% decline in Al Rayyan.
On a yearly basis, total building permits issued nevertheless saw a 2.8% decline with Al Khor plummeting 26.1%, Doha (23.5%), Umm Slal (6.9%), Al Rayyan (6.6%) and Al Wakra (0.8%). However, Al Shamal, Al Daayen and Al Shahaniya municipalities saw 50%, 26.5% and 16% growth respectively.
The building permits data is of particular importance as it is considered an indicator for the performance of the construction sector which in turn occupies a significant position in the national economy.
Of the total number of new building permits issued, Al Daayen constituted 23% or 172 permits, Al Rayyan (23% or 170 permits), Doha (18% or 130 permits), Al Wakra (17% or 123 permits), Umm Slal (7% or 54 permits), Al Khor (5% or 34 permits), Al Shahaniya (4% or 29 permits) and Al Shamal (3% or 24 permits).
The new building permits (residential and non-residential) constituted 47% (348 permits) of the total building permits issued in September 2021, additions 49% (360 permits) and fencing 4% (28 permits).
Of the new residential buildings permits, villas topped the list, accounting for 72% (202 permits) of the total, dwellings of housing loans 21% (58 permits) and apartments 6% (16 permits).
Among the non-residential sector, commercial structures accounted for 61% or 42 permits, the industrial buildings as workshops and factories 22% (15 permits) and other non-residential buildings 7% (five permits).
Qatar reported a 6% month-on-month fall in the total building completion certificates issued this September with Al Shamal witnessing 25% decline, Al Daayen (20%), Al Shahaniya (18%), Al Khor (11%), Umm Slal (8%) and Al Rayyan (6%). However, there was a 5% jump in Doha; whereas Al Wakra maintained the same level.
On a yearly basis, the total number of building completion certificates issued in Qatar fell 4.9% with Al Khor registering 50% plunge, Al Shahaniya (47.1%), Al Shamal (25%), Al Wakra (11.4%), Al Daayen (9.3%) and Al Rayyan (5.4%); even as Umm Slal and Doha witnessed 43.5% and 18.2% growth respectively in the review period.
Qatar saw a total of 350 building completion certificates issued in September 2021, of which 241 or 69% was for the new buildings (residential and non-residential) and 109 or 31% for additions.
Of the total number of new building completion certificates issued in September 2021, Al Rayyan constituted 30% or 105 certificates, Al Wakra (22% or 78), Doha (19% or 65), Al Daayen (14% or 49), Umm Slal (9% or 33), Al Shahaniya (3% or nine), Al Khor (2% or eight) and Al Shamal (1% or three).
Of the 202 residential buildings completion certificates issued, as many as 135 or 67% were for villas, 48 or 24% for dwellings of housing loans and 15 or 7% for the apartments.
Of the 135 villas completion certificates issued this September, as many as 39 were in Al Rayyan, 28 in Al Daayen, 23 in Wakra, 19 each in Umm Slal and Doha, three in Al Khor and two each in Al Shamal and Al Shahaniya.
Of the 48 dwellings of housing loans completion certificates issued, Al Rayyan saw 23, Al Wakra (10), Al Daayen (seven), Al Shahaniya (three), Umm Slal and Doha (two each) and Al Khor (one).
In the case of 15 apartments, Doha issued nine completion certificates, Wakra (two) and Al Daayen, Al Khor, Al Shamal and Al Shahaniya (one each).
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