Total number of approved building permits down by 20.6 percent
The total number of approved building permits in the City of Mandaluyong posted a decrease from 68 in the first quarter of 2020 to 54 in the first quarter of 2021 that translates to 20.6 percent.
On the other hand, for the National Capital Region, the total approved building permits was higher by 98 projects or 4.9 percent in the first quarter of 2021 compared to the same quarter in the previous year.
The total number of approved permits for Residential type of buildings for the City of Mandaluyong increased by 33.3 percent while the Non-Residential type increased by 250 percent during the first quarter of 2021 compared to the same quarter of the previous year. The combined number of alterations and repairs of existing structures, however, went down by 53.1 percent from 49 during the first quarter of 2020 to 23 of the same quarter of 2021.
Value of building construction decreased by 49.2 percent
The total value of construction plummeted in the first quarter of 2021 compared to the same quarter of 2020 with 49.2 percent or equivalent to Php 462.8 million. The value for non-residential constructions registered the highest increase with 1,0410 percent. However, the value of residential constructions decreased by 87.1 percent.
Single-type of Residential building obtains the highest number while Apartment-type gets the biggest value of construction.
Twenty- approved applications for Residential building were reported amounting to Php 94.5 million during the first quarter of 2021. Among the types of Residential building, Single-type with eleven approved building permits had the most number of contribution of 55 percent. On the other hand, the value of construction for Apartment-type got the biggest share to the gross value with 73.6 percent amounting to 69.6 million.
Commercial-type of Non-Residential building obtains the highest number while Institutional-type gets the biggest value of construction.
Seven approved building permits with a total of Php 334.8 million for Non-Residential building were constructed during the first quarter of 2021. Commercial-type had the most number with three applications while Institutional-type had the biggest share of 85.3 percent to the total value of construction. For this quarter, no permits were listed for Other types of Non-Residential building.