Residential construction value from approved permits Philippines 2018, by type

In 2018, the overall construction value of residential condominiums in the Philippines was approximately 111.8 billion Philippine pesos. Single-house construction came second that was valued at 101.8 billion Philippine pesos.

Value of residential construction from approved building permits in the Philippines in 2018, by type

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Source

Release date

October 2019

Region

Philippines

Survey time period

2018

Supplementary notes

One Philippine peso equals 0.02 U.S dollars and 0.018 euros as of April 2020.
Figures have been rounded.

Figures were based on approved building permits for new constructions and additions, alterations and repairs of existing residential and non-residential buildings, and other structures which are proposed to be constructed in the different cities/municipalities of the country.

Type of residential constructions are defined as follows:
1. Single house is a complete structure intended for a single family or household, i.e., bungalow, 2-storey house, nipa hut, etc.
2. Duplex house is a structure intended for two households with complete living facilities for each; it is a single structure divided into two dwelling units by a wall extending from the floor to the ceiling.
3. Apartment is a structure, usually of two storeys, made up of independent living quarters, with independent entrances from internal walls and courts.
4. Accesoria is a one or two-floor structure divided into several dwelling units, each dwelling unit having its own separate entrance from the outside.
5. Residential condominium is a structure, usually of several storeys, consisting of multiple dwelling units.
Other residential construction consists of school or company staff houses, living quarters for drivers and maids, and guardhouses.

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