Spectator on facebook

Spectator on facebook

Number of apartments built continues to fall

The number of started, completed and unfinished apartments in Slovakia continues to shrink. In the first quarter of this year a total of 2,856 apartments were completed, down 17.8 percent year-on-year. The number of apartments on which construction had started dropped 7.2 percent to 2,685; and altogether 64,777 apartments were under construction at the close of March, down 1.9 percent y/y, according to the Slovak Statistics Office.

The number of started, completed and unfinished apartments in Slovakia continues to shrink. In the first quarter of this year a total of 2,856 apartments were completed, down 17.8 percent year-on-year. The number of apartments on which construction had started dropped 7.2 percent to 2,685; and altogether 64,777 apartments were under construction at the close of March, down 1.9 percent y/y, according to the Slovak Statistics Office.

The number of apartments completed in the public sector grew by 21.6 percent. Meanwhile, the number of apartments started in the private sector fell 2.5 percent to 2,256 apartments; the public sector saw 429 apartments started, down 25.9 percent, the SITA newswire reported, citing the Statistics Office. The number of apartments under construction in the private sector went down 0.5 percent to 60,687 at the end of March, while the public sector registered an 18.5-percent fall to 4,090 apartments.

Bratislava Region reported the highest number of apartments completed over three months (755, or 26.4 percent), Nitra Region came in second (375 apartments, or 13.1 percent); the lowest number was recorded in Banská Bystrica Region (7.8 percent), the TASR newswire wrote.

Sources: SITA, TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Jaguar plant in Nitra will be bigger

The carmaker plans to add a new facility and employ more people.

Jaguar Land Rover plant near Nitra is under construction

Government members met at a distance

The session had only one point on its programme: the mandate for the prime minister to meet with the French president.

It’s not easy to be friends with Fico

Will Andrej Danko take the government down with him?

Andrej Danko

Bankers adjust to customers’ habits

More people will be coming to banks for advisory.