Construction statistics of Ilocos Region are based on approved building permits on 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 cities/municipalities.
Construction projects increased to 3,701 in the third quarter of 2020
The total number of approved building permits in the third quarter of 2020 reached 3,701. Of the total construction projects, 2,914 (78.7%) were residential-type, and 434 (11.7%) were non-residential. The combined number of additions, alterations and repairs totaled 353 (9.6%).
Pangasinan recorded the highest number of construction projects
Among the four provinces of the Ilocos Region, Pangasinan recorded the highest number of construction projects with 1,597 accounting for 43.2 percent of the total number of construction projects. Ilocos Norte followed with 1,224 (33.1%), Ilocos Sur with 560 (15.1%), and La Union with 320 (8.6%).
Total value of construction amounts to PhP6,289.8 million
The total value of constructions from approved building permits for the third quarter of 2020 in the Ilocos Region reached PhP6,289.8 million.
By type of construction projects, the value of residential buildings amounted to PhP3,189.0 million, while non-residential buildings amounted to PhP2,975.2 million for the third quarter.
The combined value of additions, alterations, and repairs of existing structures was PhP125.6 million.
Single house comprised 97.4 percent of the residential buildings
Single houses recorded the highest number of projects with 2,838 accounting for 97.4 percent of the total residential buildings. Apartment/accessoria ranked second with 71 residential construction projects representing 2.4 percent of the total residential construction. Duplex and other residential houses recorded only five (5) residential construction projects representing 0.2 percent of the total residential construction.
Average cost per square meter of residential building construction is PhP9,916.5
The total value of construction for residential buildings was about PhP3,189.0 million with a total floor area of 321,585 square meters, translating to an average cost of PhP9,916.5 per square meter.
The total value of construction for single-type residential houses reached Php2,915.1 million covering a total floor area of 294,849 square meters, translating to an average cost of PhP9,886.9 per square meter.
Apartment/accessoria had an estimated construction value of PhP255.8 million with a total floor area of 25,315 square meters, translating to an average cost of PhP10,103.8 per square meter.
Duplex and other residential houses recorded a total construction value amounted to Php18.1 million and a total floor area of 1,421 square meters or an average cost of Php12,728.8 per square meter.
Commercial buildings recorded 59.0 percent of the non-residential buildings
Commercial buildings had the highest number with 256 construction projects or 59.0 percent of the total non-residential constructions. Institutional buildings ranked second with 127 construction projects or 29.3 percent of the total non-residential construction. Industrial buildings and agricultural buildings followed with 31 (7.1%) and 13 (3.0%) construction projects, respectively.
Other non-residential buildings contributed seven (7) construction projects or 1.6 percent.
Value of non-residential building constructions reached PhP2,975.2 million in Ilocos Region
The total value of non-residential building constructions in the region reached PhP2,975.2 million with a total floor area of 186,042 square meters, reflecting an average cost of PhP15,992.1 per square meter.
Of the non-residential constructions, institutional buildings had the highest value amounting to Php1,179.7 million. It has a total floor area of 65,133 square meters or an average cost of PhP18,112.2 per square meter.
Industrial buildings followed with a value of PhP987.2 million and a total floor area of 51,991 square meters or an average cost of Php18,987.8 per square meter.
Commercial buildings had a value of construction estimated at PhP792.8 million covering a total floor area of 66,832 square meters or an average cost of Php11,862.0 per square meter.
Agricultural buildings ranked fourth with a total construction value of Php13.1 million and a total floor area of 2,086 square meters or an average cost of Php6,270.7 per square meter.
Other non-residential buildings accounted the least value of PhP2.5 million.