Source: ARCADIS- Construction Cost Handbook Philippines 2019 A Large Gap Between Costs Sports clubs, multi-purpose sports/leisure centers (dry sports) with a/c and including FF&E Multi-story car parks, above ground (<4 levels) Underground/basement car parks (<3 levels) Source: ARCADIS- Construction Cost Handbook Philippines 2019 OTHERS Owner operated factories, low rise, light weight industry Industrial units, shell only (conventional single story framed units) Source: ARCADIS- Construction Cost Handbook Philippines 2019 INDUSTRIAL Source: ARCADIS- Construction Cost Handbook Philippines 2019 HOTELS Out-of-town shopping centre, average standard Medium/high rise offices, avaerage standard Source: ARCADIS- Construction Cost Handbook Philippines 2019 Total Construction Costs as of 4th Quarter of 2018 (Peso per Square Meter) DOMESTIC Building refers to the construction services and materials, while services refer to electrical, mechanical, plumbing, and other services. The “total” construction cost is the sum of the “building” and “services” costs. They have their local operations here in the Philippines.īelow are their cost data. The following construction cost data are from Arcadis.Īrcadis is a global design, engineering, and management consultancy based in the Netherlands. These data were from their previous experiences on different projects that they handled. Source: PSA-Construction Statistics from Approved Building Permits Fourth Quarter 2020 Construction cost data from Construction Management CompaniesĪside from looking at PSA data, construction companies publish their own data. Construction Cost in Different Regions (Pesos per Square Meter) REGIONīangsamoro Autonomous Region in Muslim Mindanao Regional variations in construction cost depending on material availability and possibly local regulations. It turns out, construction cost varies depending on where you are planning to build. Variation of Construction Cost per Region Residential Construction Costs (Pesos per Square Meter) TYPE OF CONSTRUCTION
So that means construction cost per area can be determined. Included on the construction permit are the estimated cost and the total area of the project.
Data are based on the approved construction project permits. Every quarter, quarter, PSA publishes data regarding the number of constructions in the Philippines. When looking for statistical data on construction costs, the Philippines Statistics Authority or PSA has it. Source: PSA-Construction Statistics from Approved Building Permits Fourth Quarter 2020 Residential and Non-Residential Construction Cost per Square Meter So it would be best to look at different information from as many angles as possible. Construction cost data from construction management companies.īy the way, we presented three discussion points to widen our views regarding construction costs.Variation of construction cost per square meter per region.Residential and Non-Residential Construction Cost per square meter.So let’s go back to the question: How much would your dream home cost you? Thus, people can still pursue their dreams of owning or building their own houses.
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