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 fourth quarter of 2022. Figures are based on the preliminary result of the tabulated data from collected building permits.

Number of approved building permits increases by 30.6 percent in the fourth quarter

The number of approved building permits in the City of Makati increased by 30.6 percent to 209 during the fourth quarter of 2022 from 160 of the same quarter of the previous year. However, the total value of construction decreased by 86.7 percent to Php 0.79 billion during the fourth quarter of 2022 from Php 5.91 billion in the same quarter of 2021.

Relative to the entire region, the City of Makati contributed 7.9 percent to the number of approved building permits and 4.1 percent to the total value of construction during the fourth quarter of 2022. 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 29.3 percent to 29 during the fourth quarter of 2022 from 41 during the same period of the previous year. Likewise, the number of non-residential types of building decreased by 40.0 percent to 3 during the fourth quarter of 2022 from 5 during the fourth quarter of 2021.

On the other hand, approved building permits for alteration and repair went up by 55.3 percent to 177 building permits during the fourth quarter of 2022 from 114 of the same quarter of 2021.

Figure 1 compares the number of approved building permits by type of building for the City of Makati during the fourth quarter of 2021 and 2022. 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 fourth quarter of 2022 recorded at Php 0.24 billion, reflected a decrease of 95.3 percent from its value of Php 5.10 billion during the same quarter of 2021. In addition, the value of construction for non–residential type of building amounted to Php 0.04 billion in the same quarter of 2022 decreased by 84.6 percent from the Php 0.29 billion recorded in the fourth quarter of 2021. Furthermore, the value for alteration and repair pegged at Php 0.50 billion, a decrease of 3.5 percent during the fourth quarter of 2022 from the recorded value of Php 0.52 billion 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 fourth quarter of 2021 and 2022. Refer to Table 2 for details.

In residential construction, 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 25 applications or 86.2 percent of the total and recorded the highest value of construction amounting to Php 0.20 billion or 85.4 percent of the total value of residential building construction. The remaining number of 4 approved building permits is under the apartment/accessoria amounting to 0.04 billion.

Figures 3 and 4 present the number and value of residential construction by type in the City of Makati during the fourth quarter of 2022. Refer to table 2 for details.

Commercial type of building ranks the highest among non-residential building construction

The commercial type recorded the highest total number with 2 applications, comprising
66.7 percent of the total number with an aggregate value of Php 0.042 billion or 95.4 percent of the total value. Institutional type of building is the remaining 1 application amounting to 0.002 billion in the fourth quarter of 2022.

Figures 5 and 6 present the number and value by type of non-residential building construction in the City of Makati during the fourth quarter of 2022. Refer to Table 2 for details.

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

In the average cost per square meter, residential type of building construction decreased by 49.1 percent from Php 18,619 per square meter in the fourth quarter of 2021 to Php 9,470 per square meter in the same quarter of 2022. Meanwhile, 3.8 percent of increased was recorded in the non-residential building construction from Php 9,029 per square meter in the fourth quarter of 2021 to Php 9,372 per square meter in the same quarter of 2022.

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 fourth quarter of 2022 and 2021.

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