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Release Date :
Reference Number :
2023-004

Construction statistics of the 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 and municipalities of the region in a specific period.

Construction projects decreased to 3,699 in the first quarter of 2022

The total number of approved building permits in the first quarter of 2022 reached 3,699. Residential-type buildings with 2,931 construction projects shared 79.24 percent to the overall total. The combined number of additions, alterations and repairs contributed 6.00 percent with 222 construction projects, while the non-residential buildings contributed 14.76 percent to the total number of approved building permits with 546 construction projects.

 

Ilocos Norte recorded the highest number of construction projects

Among the four provinces of the Ilocos Region, Ilocos Norte recorded the highest number of construction projects with 1,262 accounting for 34.12 percent of the total number of construction projects. Pangasinan followed with 1,109 construction projects or 29.98 percent share, Ilocos Sur with 854 construction projects or 23.09 percent share, and La Union with 474 accounting for 12.81 percent of total number of construction projects.

 

Total value of construction amounts to PhP8,708.9 million

The total value of constructions from approved building permits reached PhP8,708.9 million in the Ilocos Region for the first quarter 2022.

By type of construction projects, the value of residential buildings amounted to PhP3,494.7 million, while non-residential buildings amounted to PhP5,091.8 million.

The combined value of additions, alterations, and repairs of existing structures was PhP122.3 million.

 

Single houses comprised 96.59 percent of the residential buildings

Single houses recorded the highest number of construction projects with 2,831 accounting for 96.59 percent of the total residential buildings. Apartment/accessoria ranked second with 76 residential construction projects representing 2.59 percent of the total residential construction. Duplex and quadruplex houses recorded 20 construction projects accounting for 0.68 percent while other residential buildings recorded only four construction projects during the period accounting for 0.14 percent.

 

Average cost per square meter of residential building construction is PhP10,489.5

The total value of construction for residential buildings was about PhP3,494.7 million with a total floor area of 333,163 square meters, translating to an average cost of PhP10,489.5 per square meter.

The total value of construction for single-type residential houses reached PhP3,231.6 million covering a total floor area of 307,288 square meters, translating to an average cost of PhP10,516.6 per square meter.

Apartment/accessoria houses recorded a total construction value of PhP221.5 million and a total floor area of 22,611 square meters or an average cost of PhP9,799.3 per square meter.

Duplex and quadruplex had an estimated construction value of PhP36.4 million with a total floor area of 2,897 square meters, translating to an average cost of PhP12,635.2 per square meter.

Other residential buildings recorded a construction value amounted to PhP5.2 million and a floor area of 385 square meters or a cost of PhP13,421.2 per square meter.

 

Commercial buildings recorded 69.41 percent of the total non-residential buildings

Commercial buildings had the highest number of constructions with 379 projects or 69.41 percent of the total non-residential constructions. Institutional buildings ranked second with 92 construction projects or 16.85 percent. Other non-residential buildings contributed 27 construction projects or 4.94 percent share. Both the industrial and agricultural buildings recorded 24 construction projects individually shared 4.40 percent.

 

Value of non-residential building constructions reached PhP5,091.8 million

The total value of non-residential building constructions in the Ilocos Region reached PhP5,091.8 million with a total floor area of 292,473 square meters, reflecting an average cost of PhP17,409.6 per square meter.

Institutional buildings had the highest value amounting to PhP2,827.5 million. It has a total floor area of 141,358 square meters with an average cost of PhP20,002.5 per square meter.

Industrial buildings followed with a value of PhP985.8 million and a total floor area of 45,745 square meters with an average cost of PhP21,550.4 per square meter.

Commercial buildings had a value of construction estimated at PhP782.4 million covering a total floor area of 86,540 square meters or an average cost of PhP9,040.9 per square meter.

Other non-residential buildings accounted the value of about PhP419.7 million. Agricultural buildings ranked fifth with a total construction value of PhP76.4 million and a total floor area of 18,830 square meters with an average cost of PhP4,057.2 per square meter.

 

SGD. ATTY. SHEILA O. DE GUZMAN 
Regional Director, RSSO I