Executive summary
- In September 2023, the City of Windhoek approved a total of 175 building plans, amounting to a combined valuation of N$ 400,710,888 (as illustrated in Figure 1).
- These approvals encompassed 118 addition plans, 35 house plans, 15 wall plans, and 7 commercial plans.
- Compared to August 2023 (as depicted in Figure 2), the total number of approved building plans experienced a decrease of 13.8%.
- During the review month, 49 buildings were completed in Windhoek, with a total value of N$ 75,685,748.
- The overall number of completed buildings exhibited a decrease of 34.6% compared to those completed in August 2023.
Analysis
- The annual sum of approved building plans for Windhoek continues to undergo a significant decline, measuring at 33.7%.
- The highest concentration of approved building plans for the month was observed within the Windhoek suburbs, totaling 46 plans. This compilation comprised 24 addition plans, 16 house plans, 3 commercial plans, and 3 wall plans, culminating in a cumulative value of N$ 328,451,970.
- Khomasdal and Katutura emerged as the second-highest localities in terms of approved building plans, both boasting a total of 17 plans. Khomasdal’s plans were valued at N$ 8,377,500, while Katutura’s plans held a value of N$ 7,121,000.
Outlook
- adjustments, ensuring a resilient and adaptable landscape for future development.
Figure 1: Monthly Building Plans Approved Vs. Buildings Completed, Windhoek (September 2022 – September 2023)
Source: CoW & HEI RESEARCH
Figure 2: Building Plans Approved Monthly % Growth Rates, Windhoek (September 2022 – September 2023)
Source: CoW & HEI RESEARCH