10 million apartments found to be unoccupied in Egypt: CAPMAS - News Summed Up

10 million apartments found to be unoccupied in Egypt: CAPMAS


The second phase will start on April 10 with 40,000 employees participating in the process to collect data. The goal was to count an estimated 16 million buildings including 45 million housing units. Preliminary results indicated 20 million housing units, marking 45 percent of the total number of units; 3.2 million work units (7.8 percent); 34,000 units for both housing and offices (0.8 percent). The preliminary results of the census also recorded 10 million housing units and apartments as being closed or unoccupied. This includes 935,000 units that are unoccupied due to the owner travelling (2.27 percent); 3.16 million units are unoccupied as the owner lives elsewhere (7.76 percent); 4.9 million apartments are empty but finished (11.8 percent); 4.3 million apartments are empty but not finished (10.36 percent); 580,000 units need restoration; 33,000 units were ordered to be demolished; 2.3 million are either empty or closed; and 1.4 million units were categorized under "other".


Source: Egypt Independent March 20, 2017 10:29 UTC



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