Construction activity at record high level in Helsinki in 2019

Uutta Helsinkiä
5.5.2020
More homes were completed in Helsinki than in any other year since the 1960s. The majority of allcompleted homes were one-bedroom apartments, but more building permits were issued last year for studio apartments than for one-bedroom and two-bedroom apartments.

More homes werecompleted in Helsinki than in any other year since the 1960s. The majority of allcompleted homes were one-bedroom apartments, but more building permits wereissued last year for studio apartments than for one-bedroom and two-bedroomapartments. 

A record number of new homes were completed in Helsinki last year, a total of 6,736. New construction and expansions represented 6,156 of the new homes, and the rest were homes built into premises originally intended for other uses. The total floor area of new residential buildings was 475,360, which is more than ever during the history of statistics started in 1970. 

A total of 6,928 new homes were started last year, which exceeded the average of the 2010s by more than 30 percent, although the number lagged behind the record-breaking number achieved in 2018. Building permits issued for homes exceeded the average of the 2010s – building permits were issued for a total of 7,909 homes. 

The number of homes under construction rose to the current level of 10,000 homes during 2018, and 10,009 homes were under construction at year-end 2019.

The percentage of studio apartments is on the increase 

The most homes were completed in the new development areas of Kalasatama, Kuninkaantammi and Jätkäsaari. The majority of all completed homes, approximately 32 percent, were one-bedroom apartments. One-quarter of the homes were studio apartments, another quarter were two-bedroom apartments, and 17 percent were three-bedroom or bigger apartments.

The percentage of studio apartments of all new housing production is on the increase, and more building permits were issued for studio apartments last year than for one- and two-bedroom apartments.

45 percent of all housing production was regulatedhousing 

A total of 24 percent of the 2019 housing production consisted of a blend of regulated housing types. Regulated housing largely consisted of Hitas homes (price- and quality-controlled homes), which numbered 950, and right-of-occupancy homes, which numbered 625. 21 percent of all new homes were state-subsidized ARA rental apartments. Student homes and homes for young people numbered 349, and rental homes other than ARA apartments numbered 1,052. 

55 percent of housing production consisted of unregulated owner-occupied and rental homes. 90 percent of all new homes were in multi-storey buildings. 

Completed homes constructed by the City of Helsinki numbered 1,314. Of the total, ARA rental apartments numbered 732, right-of-occupancy homes 378, and Hitas homes 204.

Non-residential construction focused in Central Pasilaand Kalasatama

The total floor area of non-residential buildings completed last year was 263,776. Non-residential buildings are buildings intended for any other uses than for housing.

The total floor area of non-residential buildings declined by approximately 37 percent from the record-breaking year 2018. But looking further back in time, 2019 stands out as a year of busy non-residential construction as well: the total non-residential construction volume exceeded the 2010s average by 30 percent. At the end of 2019, the non-residential floor area under construction was 489,453 square metres, which exceeded the 2010s average by 27 percent. 

Non-residential construction was largely focused in Central Pasila and Kalasatama. Close to half of all new non-residential buildings of Helsinki were completed in these areas. 

Read more about construction activity in Helsinki in 2019:

Annualconstruction report 2019 (in Finnish)

Constructionin 2019 in a nutshell (in Finnish) 

Photo:Jätkäsaari in summer 2019, Antti Pulkkinen