{"id":101331,"date":"2026-04-23T14:44:00","date_gmt":"2026-04-23T14:44:00","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline"},"modified":"2026-04-23T14:59:46","modified_gmt":"2026-04-23T14:59:46","slug":"windhoek-building-approvals-increase-while-values-decline","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline","title":{"rendered":"Windhoek Building Approvals Increase While Values Decline"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>BUILDING activity showed tentative stabilisation in volumes, as the City of Windhoek approved 192 building plans worth N$100.1 million, up by 42 approvals from February, when it approved 150 building plans worth N$144.8 million.<\/b><\/p>\n

According to an analysis by IJG Securities, the total value of approvals declined by 30.9% month on month (m\/m) and 72.1% year on year (y\/y).<\/p>\n

Completions rose to 21 projects during the month, upfrom 19 in the previous month. However, in value terms, they decreased from N$21.7 million in February to N$20 million in March.<\/p>\n

\u201cFor the first three months of the year, completion values declined by 54.2% y\/y compared to the same period in 2025,\u201d the analysts note.<\/p>\n

Property additions picked up in March, with 153 approvals valued at N$41.4 million, while the number of approvals rose by 33.0% m\/m.<\/p>\n

In value terms, approvals declined by N$12.9 million (23.7% m\/m), and 46.9% y\/y, the analysts say, adding that 340 additions to properties, valued at N$146.2 million, have been approved year to date (YTD).<\/p>\n

This shows 17.8% y\/y less in value terms and 2.7% y\/y more number terms.<\/p>\n

Meanwhile, residential building activity recorded a modest uptick in March, with 32 units approved compared to 28 in February.<\/p>\n

\u201cDespite the increase in volumes, the total value of approvals declined to N$46.3 million from N$65.1 million in February, representing a 28.9% m\/m decline,\u201d IJG says.<\/p>\n

On a YTD basis, 87 residential units worth N$161.5 million were approved. While this reflects a 19.2% y\/y increase in the number of units approved compared to the same period last year, it is accompanied by a 19.5% y\/y decline in value, suggesting a shift towards lower-value developments.<\/p>\n

Eleven residential units were completed in March, with a combined value of N$15.2 million, a notable improvement from February, when only five units valued at N$12.4 million were completed.<\/p>\n

However, on a rolling 12-month basis, the number of residential units completed has declined to 119 units worth N$203.5 million, compared to 296 units worth N$418.2 million during the corresponding period a year ago.<\/p>\n

For More News And Analysis About Namibia<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. BUILDING activity showed tentative stabilisation in volumes, as the City of Windhoek approved 192 building plans worth N$100.1 million, up by 42 approvals from February, when it approved 150 building plans worth N$144.8 million. According to an analysis by IJG Securities, the total value of approvals declined by 30.9% month on month […]<\/p>\n","protected":false},"author":84,"featured_media":101330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233],"class_list":["post-101331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-namibia"],"yoast_head":"\nWindhoek Building Approvals Increase While Values Decline - Namibia<\/title>\n<meta name=\"description\" content=\"BUILDING activity showed tentative stabilisation in volumes, as the City of Windhoek approved 192 building plans wort ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Windhoek Building Approvals Increase While Values Decline\" \/>\n<meta property=\"og:description\" content=\"BUILDING activity showed tentative stabilisation in volumes, as the City of Windhoek approved 192 building plans wort ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-23T14:44:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-23T14:59:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2026\/04\/sm_1776943572.433316.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Windhoek Building Approvals Increase While Values Decline\",\"datePublished\":\"2026-04-23T14:44:00+00:00\",\"dateModified\":\"2026-04-23T14:59:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline\"},\"wordCount\":344,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2026\/04\/sm_1776943572.433316.jpg\",\"keywords\":[\"namibia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline\",\"name\":\"Windhoek Building Approvals Increase While Values Decline - Namibia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2026\/04\/sm_1776943572.433316.jpg\",\"datePublished\":\"2026-04-23T14:44:00+00:00\",\"dateModified\":\"2026-04-23T14:59:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"BUILDING activity showed tentative stabilisation in volumes, as the City of Windhoek approved 192 building plans wort ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2026\/04\/sm_1776943572.433316.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2026\/04\/sm_1776943572.433316.jpg\",\"width\":1000,\"height\":667,\"caption\":\"Windhoek Building Approvals Increase While Values Decline\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/namibia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Windhoek Building Approvals Increase While Values Decline\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/\",\"name\":\"Namibia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/namibia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Windhoek Building Approvals Increase While Values Decline - Namibia","description":"BUILDING activity showed tentative stabilisation in volumes, as the City of Windhoek approved 192 building plans wort ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline","og_locale":"en_US","og_type":"article","og_title":"Windhoek Building Approvals Increase While Values Decline","og_description":"BUILDING activity showed tentative stabilisation in volumes, as the City of Windhoek approved 192 building plans wort ...","og_url":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline","og_site_name":"Namibia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2026-04-23T14:44:00+00:00","article_modified_time":"2026-04-23T14:59:46+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2026\/04\/sm_1776943572.433316.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Windhoek Building Approvals Increase While Values Decline","datePublished":"2026-04-23T14:44:00+00:00","dateModified":"2026-04-23T14:59:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline"},"wordCount":344,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2026\/04\/sm_1776943572.433316.jpg","keywords":["namibia"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline","url":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline","name":"Windhoek Building Approvals Increase While Values Decline - Namibia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/namibia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2026\/04\/sm_1776943572.433316.jpg","datePublished":"2026-04-23T14:44:00+00:00","dateModified":"2026-04-23T14:59:46+00:00","author":{"@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"BUILDING activity showed tentative stabilisation in volumes, as the City of Windhoek approved 192 building plans wort ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#primaryimage","url":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2026\/04\/sm_1776943572.433316.jpg","contentUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2026\/04\/sm_1776943572.433316.jpg","width":1000,"height":667,"caption":"Windhoek Building Approvals Increase While Values Decline"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/windhoek-building-approvals-increase-while-values-decline#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/namibia\/"},{"@type":"ListItem","position":2,"name":"Windhoek Building Approvals Increase While Values Decline"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/namibia\/#website","url":"https:\/\/www.africa-press.net\/namibia\/","name":"Namibia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/namibia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/101331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/comments?post=101331"}],"version-history":[{"count":1,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/101331\/revisions"}],"predecessor-version":[{"id":101354,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/101331\/revisions\/101354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/media\/101330"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/media?parent=101331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/categories?post=101331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/tags?post=101331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}