This Special Release presents data on construction statistics from approved building permits for the National Capital Region (NCR) Provincial Statistical Office lll - City of Makati for the first quarter of 2023. Figures are based on the preliminary result of the tabulated data from collected building permits.

Number of approved building permits decreases by 29.0 percent in the first quarter

The number of approved building permits in the City of Makati decreased by 29.0 percent to 132 during the first quarter of 2023 from 186 of the same quarter of the previous year. Likewise, the total value of construction decreased by 56.8 percent to Php 436.21 million during the first quarter of 2023 from Php 1,010.42 million in the same quarter of 2022.

Relative to the entire region, the City of Makati contributed 5.6 percent to the number of approved building permits and 3.3 percent to the total value of construction during the first quarter of 2023. See Table 1 for details.

Number of approved building permits for residential and non-residential building construction decreases

The number of residential types of building decreased by 44.2 percent to 24 during the first quarter of 2023 from 43 during the same period of the previous year. As well as, the number of non-residential types of building decreased by 60.0 percent to 2 during the first quarter of 2023 from 5 during the first quarter of 2022.

Furthermore, approved building permits for alteration and repair went down by 23.2 percent to 106 building permits during the first quarter of 2023 from 138 of the same quarter of 2022.

Figure 1 compares the number of approved building permits by type of building for the City of Makati during the first quarter of 2022 and 2023. Refer to Table 2 for details.

Value of construction for residential type of building goes down

The aggregate value of construction for residential type of building in the City of Makati in the first quarter of 2023 recorded at Php 221.91 million, reflected a decrease of 12.4 percent from its value of Php 253.33 million during the same quarter of 2022. In addition, the value of construction for non–residential type of building amounted to Php 56.04 million in the same quarter of 2023 decreased by 15.5 percent from the Php 66.34 million recorded in the first quarter of 2022. Also, the value for alteration and repair pegged at Php 158.26 million, a decrease of 77.1 percent during the first quarter of 2023 from the recorded value of Php 690.75 million in the same quarter of the previous year.

Figure 2 presents the value of construction by type of building for the City of Makati for the first quarter of 2022 and 2023. Refer to Table 2 for details.

Single residential units record the highest number of approved building permits and register the highest value of construction

Among the types of residential building, single residential units registered the highest number of approved building permits with 20 applications or 83.3 percent of the total and recorded the highest value of construction amounting to Php 187.27 million or 84.4 percent of the total value of residential building construction. The remaining number of 4 approved building permits are under the apartment/accessoria and duplex/quadruplex with 2 applications each.

Figures 3 and 4 present the number and value of residential construction by type in the City of Makati during the first quarter of 2023. Refer to table 2 for details.

Commercial type of building is the only non-residential building construction

The commercial type of non-residential building is the only registered with 2 applications, comprising 100.0 percent of the total number aggregated a value of Php 56.04 million or 100.0 percent of the total value. There is no other type of non-residential building construction recorded in the first quarter of 2023.

Figures 5 and 6 present the number and value by type of non-residential building construction in the City of Makati during the first quarter of 2023. Refer to Table 2 for details.

Average cost per square meter of the residential and non-residential type of building construction increases

In the average cost per square meter, residential type of building construction increased by 6.2 percent from Php 9,385 per square meter in the first quarter of 2022 to Php 9,970 per square meter in the same quarter of 2023. Moreover, 3.3 percent of the increase was recorded in the non-residential building construction from Php 8,755 per square meter in the first quarter of 2022 to Php 9,046 per square meter in the same quarter of 2023.

Table 2 shows the number, floor area, value, and average cost per square meter by type of building construction in the City of Makati during the first quarter of 2023 and 2022.

Explanatory Notes

Scope and Coverage

Private construction statistics from approved building permits relate to new constructions and additions, alterations and repairs of existing residential and non-residential buildings and other structures undertaken in all regions/provinces of the country.

Source of Information

Data are from the original applications of approved building permits collected by PSA-NCR Provincial Statistical Office III field personnel from Local Building Officials in the City of Makati.

Limitations:

1. Data on building constructions refer to those approved applications 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 approval 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 - A written authorization granted by the Local Building Official (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 (PD 1096).

Building - Any independent, freestanding structure comprising 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.

Construction - All on-site work done from site preparation, excavation, foundation, assembly of all the components and installation of utilities and equipment of buildings/structures. 

Residential Building - 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 and residential condominium. 

Single House - A complete structure intended for a single family or household, i.e. bungalow, 2-storey house, nipa hut. 

Duplex - 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 - A structure, usually of two storeys, 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, each dwelling unit having its own separate entrance from the outside. 

Residential Condominium - A structure, usually of several storeys, consisting of multiple dwelling units. 

Other residential constructions - Consist of school or company staff houses, living quarters for drivers and maids, and guardhouses.

Non-Residential Building - This type includes commercial, industrial, agricultural and institutional buildings.

Commercial Buildings - Office buildings and all buildings that are intended for use primarily in wholesale, retail and service trades; i.e. stores, hotels, restaurants, banks, etc. 

Industrial Buildings - Buildings which are used to house the production, assembly and warehousing activities of industrial establishments; i.e. factories, plants, mills, repair shops, machine shops, printing press, storage plant, electric generating plants

Institutional Buildings - Buildings that are primarily engaged in providing educational instructions and hospital/health care; ports, airports and other government buildings; i.e. school, museums, libraries, sanitaria, churches, hospitals. 

Agricultural Buildings - Buildings which are used to house livestocks, plants and agricultural products such as barn, poultry house, piggeries, stables, greenhouses and grain mill. 

Other Non-Buildings Constructions - These include cemetery structures, street furniture, waiting sheds, communication towers, etc. 

Addition - Any new construction that increases the height or area of an existing building/structure. 

Alteration - Construction in a building/structure involving changes in the materials used, partitioning, location/size of openings, structural parts, existing utilities and equipment but does not increase the overall area thereof.

Repair – A remedial work done on any damaged or deteriorated portion/s of a building/structure to restore its original condition.  

Floor Area of Building - 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 - 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. 

For more details, please visit
www.rssoncr.psa.gov.ph/NCRIII
www.rssoncr.psa.gov.ph
www.psa.gov.ph

NARCISO H. DINO
(Supervising Statistical Specialist)
Officer-In-Charge
NCR Provincial Statistics Office III