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AMMAN — Constructing licenses issued in Jordan decreased by 7.1 per cent throughout the first half of this yr, reaching 13,505 licences as of the top of July 2022, revealed a latest report by the Division of Statistics (DoS).
Based on the report, the overall space of licensed buildings within the Kingdom elevated by 2.3 per cent as of the top of July, reaching 4.621 million sq.m. in comparison with the identical interval of final yr, which totalled 4.516 million sq.m.
Additional, the report added that the overall variety of constructing licences issued throughout the first half of final yr amounted to 14,531 licenses. It additionally famous that the world of buildings licensed for non-residential functions elevated by 33.7 per cent, to succeed in about 769,000 sq.m., in contrast with round 575,000 sq.m. throughout the identical interval of 2021.
Moreover, the DoS report indicated that licensed residential areas comprised 83.4 per cent of the overall space of licensed buildings as of the top of July, whereas constructing areas for non-housing amounted to 16.6 per cent of the overall licensed space.
Talking with The Jordan Instances, Kamal Awamleh, president of the Jordan Housing Builders Affiliation (JHDA), stated that “83,167 property transactions have been performed throughout the first half of 2022”.
He added that foreigners, notably these from Saudi Arabia, Iraq, Syria and Kuwait, are shopping for property domestically.
Based on the report, 66.5 per cent of the overall space of licensed buildings is positioned within the central area. Northern Jordan comprised 24 per cent, and the south recorded 9.5 per cent.
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