The total number of new construction projects from approved building permits in 4^th quarter 2021 was recorded at 486, reflecting an increase of 144.22 percent from 199 constructions in same quarter last year.

The total floor area occupied for the new construction projects increased by 126.05 percent from 30,932 square meters in 4^th quarter 2020 to 69,921 square meters in 4^th quarter 2021. Moreover, the value of new construction projects was recorded at PhP873.10 million in 4^th quarter 2021, posting an increase of 205.48 percent from PhP285.81 million in the same quarter a year ago.

By type of construction, residential buildings accounted the highest share (63.39%) in terms of value in fourth quarter 2021. The cost of constructing residential buildings increased by 224.58 percent with an estimated value of PhP553.45 million from PhP170.51 million in 4^th quarter of last year.

Moreover, the value of constructing non-residential buildings also increased by 152.79 percent in 4^th quarter 2021 amounting to PhP203.86 million from PhP80.64 million in same quarter a year ago.

Furthermore, the value of addition, repair, renovation and demolition of existing buildings increased to PhP115.79 million in 4^th quarter of 2021 from PhP34.65 million in the same period of last year, posting an increase of 234.15 percent.

The figure above shows the distribution of approved building permits by city/municipality in La Union in 4^th quarter 2021.

Among the city/municipalities, the City of San Fernando registered the highest number of construction projects with a share of 23.25 percent (113 constructions) to the total approved building permits in La Union in 4^th quarter 2021.  Compared with the number of constructions in the same quarter a year ago (34 building constructions), it registered an increase of 232.35 percent.

Other municipalities with high number of construction projects in 4^th quarter 2021 included Naguilian with 62 constructions (12.76 percent share), Rosario with 49 constructions (10.08 percent share) and municipality of Bacnotan with 41 constructions (8.44 percent share).

In La Union, the City of San Fernando occupied the top rank in terms of the value of constructions in 4^th quarter 2021 with a share of 25.57 percent (PhP223.29 million) to the provincial total. The municipality of Bacnotan ranked second with a share of 19.00 percent (PhP165.86 million) and Rosario ranked third with a share of 10.59 percent (PhP92.43 million).

Moreover, the City of San Fernando also had the highest value of construction projects among the city/municipalities in 4^th quarter 2020 contributing 30.38 percent (PhP86.82 million) to the provincial total. Municipality of Rosario ranked second with a share of 8.93 percent (Php25.52 million) while San Juan placed third with a share of 7.33 percent (PhP20.96 million).

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 the Philippine Statistics Authority (PSA) field personnel from the offices of Local Building Officials (LBOs) provincewide.

Limitation

            1. 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.

            2. 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.

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, Ph.D.
Chief Statistical Specialist

/KJGH