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Release Date :
Reference Number :
427

 

Introduction

This Special Release presents the final data series on construction statistics from approved building permits for the year 2007.

The final data set provides updates to the 2007 Quarterly Special Releases on construction statistics. The sources of updates are additional approved building permits collected after cut-off dates because of data collection constraints. These additional documents were not yet available for inclusion in the tabulation of data on designated target dates.

The completeness of the number of building permits collected relies on the applications filed and approved by the Local Building Officials (LBOs) in all cities and municipalities nationwide. Building constructions without approved building permits are not included in the statistics presented in this report.

Summary of Results

 

  Philippines  

      2007      

  2006  

  % Change  

Number

   94,961

   110,563

  (14.1)

Floor Area (in square meters)  

   15,588,127  

  16,606,594  

  (6.1)  

Value (in Php1,000)

  Php124,909,731  

  Php122,211,347  

  2.2  

 

 

  1. The total approved building permits for the year 2007 was recorded at 94,961, which is 14.1 percent lower compared with 110,563 approved building permits reported during the year 2006.

 

  1. Aggregate value of construction reached Php124.9 billion in 2007, representing 2.2 percent growth from the Php122.2 billion recorded in 2006.

 

  1. Total floor area for approved building permits for 2007 was estimated at 15.6 million square meters. The average cost per square meter was Php8,013, higher by 8.9 percent compared to the average cost per square meter of Php7,359 in 2006.

 

  1. The total approved building permits nationwide for the year 2007 is broken down by type of construction as follows:

 

  • About 65,965 or 69.4 percent of the total approved building permits for residential building construction were reported for the year 2007.
     
  • Approved building permits for non-residential building construction numbered 11,461 accounting for 12.1 percent of the total.

 

  • Combined approved building permits for additions, alterations and repairs were 17,535 or 18.5 percent of the total number of approved building permits.

 

  1. Regionwise, Region IVA (CALABARZON) recorded the highest number of approved building permits at 17,742 or 18.7 percent of the total approved building permits during the year 2007. National Capital Region and Region VII (Central Visayas) followed with respective shares of 15,497 approved building permits (16.3%) and 12,699 approved building permits (13.4%).
     
  2. The least number of approved building permits was posted by Autonomous Region for Muslim Mindanao with only 30 for the year 2007. The provinces of Sulu and Tawi-Tawi have no reported approved building permits for 2007.
     
  3. The aggregate value of construction during the year 2007 reached Php124.9 billion which is broken down by type of construction as follows:
    • Residential building construction accounted for almost half or 44.4 percent of the total value of construction worth Php55.4 billion.
       
    • Non-residential building construction recorded a share of 47.1 percent of total value or Php58.9 billion.
       
    • Additions, alterations and repairs accounted for a combined value of Php10.6 billion or 8.5 percent of total value.

Source:   National Statistics Office
                 Manila, Philippines

 

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