The value of building permits that were processed five years ago in the districts of La Chorrera and Arraiján amounted to $208 million, while the figure at the end of 2016 is estimated at $313 million.
Growth in real estate development in Panama West could be further enhanced once Line 3 of the Metro starts to operate, and the fourth bridge over the Canal has been built.
Price Indexes of Major Retail Construction Materials in the districts of Panama and San Miguelito, up to July 2013.
A statement from the Comptroller General of the Republic of Panama reads:
The Price Index of Major Retail Building Materials (IPMC), available in the districts of Panama and San Miguelito, compiled up to July 2013, showed the following behaviors:
Retail prices indices for the main construction materials in the districts of Panama and San Miguelito, up to March 2013.
A statement by the Comptroller General of the Republic of Panama reads:
Indices of Retail Prices of Major Construction Materials (IPMC by its initials in Spanish) in the districts of Panama and San Miguelito, compiled March 2013, showed the following behaviors:
Indices have been released showing the retail prices of the main construction materials in the districts of Panama and San Miguelito, up to March 2013.
A statement by the Comptroller General of the Republic of Panama reads:
Indices of Retail Prices of Major Construction Materials (IPMC by its initials in Spanish) in the districts of Panama and San Miguelito, compiled March 2013, showed the following behaviors: