The prospects for the construction and realty sector seem to be brighter with Qatar reporting a robust double-digit month-on-month jump in the building permits issued this January, according to the official statistics.
The total number of building permits issued in the country this January saw a monthly 13% growth, backed by expansion in six of the eight municipalities, said the Planning and Statistics Authority (PSA).
Al Khor saw a 57% jump, followed by Al Daayen (50%), Al Shamal (30%), Doha (23%), Al Rayyan (5%) and Umm Slal (2%). However, there was a 10% decline in the building permits issued in Al Wakra and 9% in Al Shahaniya.
Qatar issued a total of 759 building permits in January 2022 with Al Rayyan constituting 196 permits or 26% of the total permits issued in January 2022, followed by Al Wakra 152 permits (20%), Al Daayen 150 permits (20%), Doha 137 permits (18%), Umm Slal 46 permits (6%), Al Khor 44 permits (6%), Al Shahaniya 21 permits (3%) and Al Shamal 13 permits (2%).
On a yearly basis, there was a 45.1% decrease in the building permits issued with Umm Slal registering a 68.9% plunge, Al Shamal 63.9%, Al Shahaniya 62.5%, Doha 50.5%, Wakra 50%, Al Daayen 43.6%, Al Khor 33.3% and Al Rayyan 14.4%.
The building permits data is of particular importance as it is considered an indicator of the performance of the construction sector which in turn occupies a significant position in the national economy.
The new building permits (residential and non-residential) constituted 385 permits or 51% of the total issued in January 2022, with additions at 346 permits (46%) and fencing at 28 permits (4%).
Of the new residential buildings permits, villas topped the list, accounting for 202 permits or 73% of the total, dwellings of housing loans 16% (44 permits) and apartments 9% (26 permits).
Within the non-residential sector, commercial structures accounted for 64% or 69 permits, the industrial buildings as workshops and factories at 15% (16 permits) and mosques at 13% (14 permits).
Qatar saw an overall 8% jump month-on-month in the total building completion certificates in January 2022 with Al Shahaniya reporting 1000% surge, followed by Al Wakra (28%), Umm Slal (7%) and Al Rayyan (4%); even as Doha declined 6%, Al Khor (13%) and Al Shamal (43%). Al Daayen witnessed a flat path.
Qatar saw a total of 322 building completion certificates issued in January 2022, of which 257 or 80% was for the new buildings (residential and non-residential) and 65 or 20% for additions.
Of the total number of new building completion certificates issued in January 2022, Al Wakra constituted 24% or 77 certificates, Al Rayyan 22% (71 certificates), Doha 20% (65 certificates), Al Daayen 17% (55 certificates), Umm Slal (10% (32 certificates), Al Shahaniya 3% (11 certificates), Al Khor 2% (seven certificates) and Al Shamal 1% (four certificates).
On a yearly basis, the total number of building completion certificates issued in the country fell 8.5% with Umm Slal registering 50% plunge, Al Rayyan (28.3%), Al Wakra (9.4%), Al Shahaniya (8.3%) and Umm Slal (5.9%). On the other hand, Al Daayen saw 22.2% increase and Doha 10.2% in the review period.
Of the 199 residential buildings completion certificates issued, as many as 122 or 61% were for villas, 59 or 30% for dwellings of housing loans and 17 or 9% for the apartments.
Of the 122 villas completion certificates issued this January, as many as 29 were in Al Wakra, 28 in Al Daayen, 25 in Umm Slal, 18 in Al Rayyan, 12 in Doha, seven in Al Khor, two in Al Shamal and one in Al Shahaniya.
Of the 59 dwellings of housing loans completion certificates issued, Al Rayyan saw 26, Al Daayen (14), Al Wakra (nine), Al Shahaniya (four), Umm Slal (three) and Doha (two).
In the case of 17 apartments, Doha issued nine completion certificates, Al Daayen (five) and Al Wakra (two) and Al Rayyan (one).