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real estateMarch 28, 2021

Building permit numbers up but related surface areas drop

Beirut records largest decline

The number of construction permits issued in 2020 increased 14 percent to around 10,700 compared with the previous year, according to figures published by the Order of Engineers and Architects of Beirut (OEA). The numbers cover all areas except the North.

The surface area relating to these permits decreased by ten percent to 4.4 million square meters (m2). This reflects a decline in average area per permit which fell 21 percent to 411 m2.

Construction activity in Beirut recorded the steepest decline with surface area plunging 74 percent to around 96,500 m2 from nearly 366,600 m2. The number of permits plummeted 47 percent to 330. Beirut has also witnessed the largest decrease in the average area per permit which more than halved to 292 m2.

Mount Lebanon and the South recorded the most activity both in terms of number of permits and area. The number of permits in Mount Lebanon increased nine percent to 4,115. The surface area decreased 15 percent to 1.82 million m2. The South recorded a growth of 30 percent in the number of permits to nearly 3,200. The corresponding surface area increased five percent to 1.26 million m2.

The OEA report includes some figures about the North but they have been excluded because the statistics published by the Order of Engineers and Architects in Tripoli are not yet available.