Spotlight: Residential Development
Glasgow and the Surrounding Areas

Residential Development in Glasgow and the Surrounding Areas
Residential Development in Glasgow and Surrounding Areas

3 June 2016, by Emily Dorrian

An active residential development market has seen an increase in both starts and completions

Summary

■ The residential development market in Glasgow and the surrounding areas has continued to be very active as confidence continues to return to both developers and consumers.

 

■ The city of Glasgow has witnessed a particularly strong resurgence in development. The number of private sector starts in the year to September 2015, the latest figures available, were more than double the previous year at 645. Similarly, the number of completions increased by 137% annually to 944.

■ The discord between completions and starts within the city of Glasgow reflects the role of large developments such as the Commonwealth Village, which has provided much needed and well received new supply for the city. However, the majority of these sites have now been fully developed, and going forward the city will need to maintain new housing supply.

■ The majority of local authorities surrounding Glasgow have witnessed reasonable growth in both starts and completions, yet remain below peak levels of development.

■ East Dunbartonshire and East Renfrewshire are the exceptions, where in the year to September 2015 starts exceeded peak by 39% and 169% respectively. Within East Dunbartonshire, both starts and completions have reduced year on year.

 

 
Glasgow and surrounding areas

Articles from Residential Development in Glasgow and Surrounding Areas

Residential Development Markets

The residential development market in Glasgow and the surrounding areas has continued to be very active

Area Fact Sheets

03 June 2016

Area Fact Sheets

Data from Glasgow and the surrounding areas

Looking Forward: Development Land

There are increasing numbers of bidding parties for sites in prime areas which has provided competitive closing dates

 
 

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Key contacts

Emily Dorrian

Emily Dorrian

Associate
Residential Research

Savills Glasgow

+44 (0)141 222 4132

 

Faisal Choudhry

Faisal Choudhry

Director, Scottish Research
Residential Research

Savills Glasgow

+44 (0) 141 222 5880