The value of recorded building plans passed‚ at current prices‚ increased by 40.6% (R1.71 billion) in January 2013 compared with January 2012‚ data released by Statitsics South Afirca on Tuesday showed.
The non-residential buildings category (209.5% or R1.53 billion) was mainly responsible for the increase in building plans passed. Year-on-year increases in shopping space (R705.4 million) and office and banking space (R536.7 million) passed in Gauteng were the main contributions to the increase in non-residential buildings.
The value of buildings reported as completed at current prices increased by 9.6% (R247.6 million) in January 2013 compared with January 2012.
Increases were reported for residential buildings (30.5% or R382.3 million) and additions and alterations (23.7% or R150.9 million)‚ while a decrease was reported for non-residential buildings (41.5% or R285.6 million) during the period.
