Total number of approved building permits up by 25 percent
The total number of approved building permits in the City of Manila posted an increase from 24 in the second quarter of 2020 to 30 in the second quarter of 2021 that translates to 25 percent.
Similarly, for the National Capital Region, the total approved building permits was higher by 2011 projects or 609.4 percent in the second quarter of 2021 compared to the same quarter of the previous year.
Table 1 presents the total number, floor area, and value of building construction for the City of Manila during the second quarter of 2021 and 2020.
The total number of approved permits for Residential type of buildings for the City of Manila increased by 137.5 percent while the Non-Residential type have the same number during the second 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 54.5 percent from 11 during the second quarter of 2020 to 5 of the same quarter of 2021.
Figure 1 shows the comparison in the number of approved building permits by type of building for the City of Manila during the second quarter of 2021.
Value of building construction increased by 99.1 percent
The total value of construction escalated in the second quarter of 2021 compared to the same quarter of 2020 with 99.1 percent or equivalent to Php 337.7 million. The value for residential constructions registered the highest increase with 1,652 percent. However, the value of additions to existing structures decreased by 88.8 percent.
Apartment-type of Residential building obtains the highest number while Residential Condominium gets the biggest value of construction.
Nineteen approved applications for Residential building were reported amounting to Php 586.7 million during the second quarter of 2021. Among the types of Residential building, Apartment-type with sixteen approved building permits had the most number of contribution of 84.2 percent. On the other hand, the value of construction for Residential Condominium got the biggest share to the gross value with 82.4 percent amounting to 483.7 million.
Commercial-type Non-Residential building type of construction only.
Five approved building permits with a total of Php 80.1 million for Non-Residential building were constructed during the second quarter of 2021. For this quarter, no permits were listed for Industrial, Institutional, and Other types of Non-Residential building.
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