One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of June 2025.
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 construction are defined as follows: 1. A single house is a complete structure intended for a single family or household, i.e., bungalow, 2-storey house, nipa hut, etc. 2. A 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. An 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. A 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.
Citation formats
Residential construction value approved building permits Philippines 2024, by type
The value of single houses constructed in the Philippines amounted to approximately *** billion Philippine pesos in 2024. The value of duplex/quadruplex was lowest among other types of residential buildings.Â
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PSA (Philippines). (June 26, 2025). Value of approved residential buildings constructed in the Philippines in 2024, type (in billion Philippine pesos) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 20, 2026, from /statistics/1104343/philippines-residential-construction-value-from-approved-permits-by-type/
PSA (Philippines). "Value of approved residential buildings constructed in the Philippines in 2024, type (in billion Philippine pesos)." Chart. June 26, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 20, 2026. /statistics/1104343/philippines-residential-construction-value-from-approved-permits-by-type/
PSA (Philippines). (2025). Value of approved residential buildings constructed in the Philippines in 2024, type (in billion Philippine pesos). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 20, 2026. /statistics/1104343/philippines-residential-construction-value-from-approved-permits-by-type/
PSA (Philippines). "Value of Approved Residential Buildings Constructed in The Philippines in 2024, Type (in Billion Philippine Pesos)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 26 Jun 2025, /statistics/1104343/philippines-residential-construction-value-from-approved-permits-by-type/
PSA (Philippines), Value of approved residential buildings constructed in the Philippines in 2024, type (in billion Philippine pesos) ÌÇÐÄÆÆ½â°æ, /statistics/1104343/philippines-residential-construction-value-from-approved-permits-by-type/ (last visited July 20, 2026)
Value of approved residential buildings constructed in the Philippines in 2024, type (in billion Philippine pesos) [Graph], PSA (Philippines), June 26, 2025. [Online]. Available: /statistics/1104343/philippines-residential-construction-value-from-approved-permits-by-type/