Highlights of Eastern Visayas' Construction Statistics: 4th Quarter 2020 (Preliminary Data)

Reference Number: 

SR-202104-0800-14

Release Date: 

Thursday, April 15, 2021

The region’s total number of constructions declined by 3.4 percent, from 1,236 constructions recorded in the 3rd quarter of 2019 to 1,194 constructions in the same quarter in 2020.

Non-residential buildings decreased by 29.2 percent, posting 206 constructions in the 3rd quarter of 2020 from 291 constructions in the 3rd quarter of 2019. The combined number of additions/alterations and repairs of existing structures, on the other hand, increased by 29.8 percent, from 121 constructions in the 3rd quarter of 2019 to 157 constructions in the same period of 2020. An increase of 0.8 percent was also noted in the number of residential buildings, from 824 constructions in the 3rd quarter of 2019 to 831 constructions during the quarter in review.

VALUE OF CONSTRUCTIONS

The total value of constructions in the region during the 3rd quarter of 2020 was estimated at PhP 1.7 billion. This figure is only about half of the PhP 3.7 billion total value of constructions in the same quarter of 2019.

The total value of construction of non-residential buildings declined drastically by 74.8 percent, from PhP 2.5 billion in the 3rd quarter of 2019 to PhP 622.0 million during the quarter in review. A significant decrease by 40.4 percent was also recorded in the aggregate value of additions/alterations and repair of existing structures. Its value dropped to PhP 89.6 million in the 3rd quarter of 2020 from PhP 150.5 million in the same period of 2019. Total value of residential buildings, similarly, went down by 12.2 percent, from PhP 1.1 billion in the 3rd quarter of 2019 to PhP 971.2 million in the 3rd quarter of 2020.

AVERAGE COST PER SQUARE METER OF RESIDENTIAL BUILDINGS

Average cost per square meter of residential buildings in the region grew by 10.1 percent in the 3rd quarter of 2020. The estimated average cost increased to PhP 8,749 in the 3rd quarter of 2020 from PhP 7,950 average cost in the same period of 2019.

Among the different types of residential buildings, single house registered the highest average cost per square meter at PhP 9,814. It is 6.1 percent higher compared with the
PhP 9,252 average cost per square meter in the same quarter of 2019.

The average cost per square meter of duplex/quadruplex residential building was recorded at PhP 9,430 during the reference period, 2.4 percent higher from its
PhP 9,211 per square meter level in the same period of 2019.

Apartment/accessoria/others, posted the lowest average cost per square meter at 6,484 in the 3rd quarter of 2020. This registered an 8.1 percent growth from the PhP 5,999 average cost per square meter in the 3rd quarter of 2019.

AVERAGE COST PER SQUARE METER OF NON-RESIDENTIAL BUILDINGS

Average cost per square meter of non - residential buildings in the region for the 3rd quarter of 2020 was estimated at PhP 10,570. This value is 16.0 percent lower compared with the PhP 12,589 average cost per square meter in the same period of 2019.

Among the different types of non – residential buildings, institutional buildings registered the highest average cost per square meter at PhP 13,539 in the 3rd quarter of 2020. This is 18.1 percent higher compared with the PhP 11,463 average cost per square meter in the same quarter of 2019.

Average cost per square meter of commercial buildings was posted at PhP 8,944 in the 3rd quarter of 2020. This registered a decrease of 21.4 percent from its PhP 11,382 level in the same quarter of 2019.

Industrial buildings’ average cost per square meter declined drastically by 76.8 percent in the 3rd quarter of 2020. It dropped to PhP 7,210 during the reference period from PhP 31,048 per square meter in the same period of 2019.

Agricultural buildings, meanwhile, posted the lowest average cost per square meter during the quarter in review at PhP 4,041. This value registered a decrease of 15.9 percent from PhP 4,806 average cost per square meter in the same period of 2019.

Technical Notes

Scope and Coverage

Construction statistics from approved building permits relate to administrative-based data on ne constructions and additions, alternations and repairs of existing residential and non-residential buildings and other structures proposed to be constructed in all cities and municipalities of the country in a specific period.

Source of Information

Construction statistics are compiled by Philippine Statistics Authority from the copies of original application forms of approved buildings permits as well as from demolition and fencing permits collected every month by PSA field personnel from the Offices of Local Building Officials (LBOs) nationwide.

 

Limitations:

  1. Data on building constructions refer to those proposed to be constructed or construction work started during the reference period and not to construction work completed during the reference period.
  2. The completeness of the number of building permits collected relies on the applications filed and approved by the Offices of Local Building Officials (LBOs). Hence, private building constructions without approved building permits are not included in the tabulation of data.

 

Definition of Terms:

Accesoria - A one or two-floor structure divided into several dwelling units, each dwelling unit having its own separate entrance from the outside.

Additions/Alterations and Repairs - Construction works by which the utility of building or structure is raised or at least renewed or which materially extends the normal life of the building or structure.

Apartment - A structure, usually of two story, made up of independent living quarters, with independent entrances from internal walls and courts.

Building - Any independent, freestanding structure comprised of one or more rooms or other spaces, covered by a roof and enclosed with external walls or dividing walls, which extend the foundation to the roof.

Building Permit - A written authorization granted by the Local Building Official (LBO) to an applicant allowing him to proceed with the construction of a specific project after plans, specifications and other pertinent documents have been found to be in conformity with the National Building Code (PD 1096).

Duplex - 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.

Floor Area of Building - The sum of the area of each floor of the building measured to the outer surface of the outer walls including the area of lobbies, cellars, elevator shafts and all communal spaces in multi-dwellings. Areas of balconies are excluded.

Non-Residential Building - This type includes commercial, industrial, agricultural and institutional buildings.

Other residential constructions - Consist of school or company staff houses, living quarters for drivers and maids and guardhouses.

Residential Building - A building for which its major parts or more than half of its gross floor area is built for dwelling purposes. This type of building can be of the single type, duplex, an apartment and/or accessoria and residential condominium.

Residential Condominium - A structure, usually of several story, consisting of multiple dwelling units.

Single House - A complete structure intended for a single family.

Total Value of Construction - The sum of the cost of building, electrical, mechanical, plumbing and others. The value is derived from the approved building permit and represents the estimated value of the building or structure when completed.

Unpublished Data:

Aside from the preliminary tables posted in the PSA website, annual, quarterly and monthly statistical tables at the municipality level by type of construction and by form of ownership are available at the Industry Statistics Division of the PSA.

Other special tabulations may also be made available upon request, addressed to the National Statistician, Philippine Statistics Authority, 3rd floor CVEA Building, East Avenue, Quezon City.

 

Sgd. WILMA A. PERANTE
Regional Director

 

 

Tags: 

Attachments: