This resource is updated quarterly, about 25 days after the end of the quarter.
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New Office Buildings Consented | ||||
Otago Region | ||||
Quarter | Total amount of new office space consented sqm |
Average size per consent sqm |
Average build cost per consent |
Average build cost per sqm |
2016 Q1 | 1532 | 766 | $992,000 | $1,295 |
2016 Q2 | 1375 | 344 | $706,625 | $2,056 |
2016 Q3 | 578 | 116 | $487,200 | $4,215 |
2016 Q4 | 458 | 153 | $781,667 | $5,120 |
2017 Q1 | 1430 | 179 | $221,250 | $1,238 |
2017 Q2 | 3629 | 454 | $492,463 | $1,086 |
2017 Q3 | 12989 | 1299 | $3,080,228 | $2,371 |
2017 Q4 | 2281 | 285 | $372,000 | $1,305 |
2018 Q1 | 1695 | 565 | $1,265,000 | $2,239 |
2018 Q2 | 2172 | 272 | $482,000 | $1,775 |
2018 Q3 | 1904 | 272 | $396,571 | $1,458 |
2018 Q4 | 2576 | 429 | $675,083 | $1,572 |
2019 Q1 | 1715 | 429 | $2,754,875 | $6,425 |
2019 Q2 | 523 | 174 | $967,000 | $5,547 |
2019 Q3 | 113 | 38 | $85,000 | $2,257 |
2019 Q4 | 1598 | 320 | $632,700 | $1,980 |
2020 Q1 | 872 | 436 | $1,000,000 | $2,294 |
2020 Q2 | 1615 | 404 | $1,295,192 | $3,208 |
2020 Q3 | 815 | 815 | $1,500,000 | $1,840 |
2020 Q4 | 697 | 349 | $1,152,500 | $3,307 |
2021 Q1 | 1073 | 537 | $1,025,000 | $1,911 |
2021 Q2 | 0 | 0 | 0 | 0 |
2021 Q3 | 1329 | 332 | $1,965,000 | $5,914 |
2021 Q4 | 3215 | 804 | $3,130,000 | $3894 |
2022 Q1 | 896 | 149 | $1,356,889 | $9086 |