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Value of approved residential buildings constructed in the Philippines in 2024, type

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Source

Release date

June 2025

Region

Philippines

Survey time period

2024

Supplementary notes

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.

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Residential construction value approved building permits Philippines 2024, by type

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Access all statistics starting from $2,388 USD yearly *

* For commercial use only

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For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
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For single users
$199 USD
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  • Free Statistics
  • Premium Statistics
  • The statistic on this page is a Premium Statistic and is included in this account.

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