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New Otago office buildings consented

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