Residential type buildings were recorded at 364 constructions in 4th quarter 2022. This figure posted a decrease of 5.45 percent from the 385 residential buildings reported in the same quarter a year ago.
The total value of all residential building constructions within the province reached PhP766.58 million with a total floor area of 63,450 square meters. This translates to an average cost of PhP12,081.64 per square meter.
Single-type residential units, comprising 98.90 percent of the total residential constructions, topped over all other types of residential constructions in La Union in 4th quarter 2022. This type of residential units covered a total floor area of 57,610 square meters and an aggregate value of PhP717.70 million. This translates to an average cost of PhP12,457.98 per square meter.
Four apartment/accessoria or 1.10 percent of the total residential constructions in the province were recorded in 4th quarter 2022. It has an estimated construction value of PhP48.88 million with a total floor area of 5,840 square meters or an average cost of PhP8,369.18 per square meter.
In La Union, the City of San Fernando occupied the top rank in terms of the number of residential constructions in 4th quarter 2022 with a share of 23.35 percent to the provincial total. It has an estimated construction value of PhP310.80 million with a total floor area of 21,62 square meters or an average cost of PhP14,370.40 per square meter. The municipality of Bacnotan ranked second with a share of 10.16 percent (37 constructions) while Naguilian ranked third with a share of 8.79 percent (32 constructions).
TECHNICAL NOTES
Scope and Coverage
Private construction statistics from approved building permits pertain to data on new constructions and additions, alterations and repairs of existing residential and non-residential buildings and other structures undertaken in all city/municipalities of the country.
For this publication, the scope and coverage are all city/municipalities in La Union.
Source of Information
Data were taken from the original application forms of approved building permits collected every month by PSA field personnel from the offices of Local Building Officials (LBOs) provincewide.
Limitation
Data on private building constructions refer to those proposed to be constructed during the reference period and not to construction work completed during the reference period.
The completeness of the number of building permits collected relies on the collection of applications filed with the LBOs. Hence, private building constructions without approved building permits are excluded in the tabulation of data.
Definition of Terms
Building Permit is a written authorization granted by the LBO to an applicant allowing him to proceed with the construction of a specific project after plans, specifications and other pertinent documents have been found to be in conformity with the National Building Code (RA 6541).
Building is any independent, free-standing structure comprised of one or more rooms or other spaces, covered by a roof and enclosed with external walls or dividing walls which extend from the foundation to the roof.
Residential Building is a building for which its major parts or more than half of its gross floor area is built for dwelling purposes. This type of building can be of the single type, duplex, an apartment and/or accessoria.
Single House is a complete structure intended for a single family or household, i. e. bungalow, two-storey house, nipa hut.
Duplex 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.
Apartment is a structure, usually of several storey made up of independent living quarters, with independent entrances from internal walls and courts.
Accessoria is a one or two-floor structure divided into several dwelling units having their own separate entrances from outside.
Other Residential Constructions consist of school or company staff houses, living quarters for drivers and maids and guardhouses.
Floor Area of Building refers to the sum of the area of each floor of the building measured to the outer surface of the outer walls including the area of lobbies, cellars, elevator shafts and all communal spaces in multi-dwellings. Areas of balconies are excluded.
Total Value of Construction refers to the sum of the cost of building, electrical, mechanical, plumbing, and others. The value is derived from the approved building permit and represents the estimated value of the building or structure when completed.
SGD. DANITES E. TEÑIDO, PhD
Chief Statistical Specialist
/MPR/KJGH