Total number of approved building permits decreased by 16.8 percent

The total number of approved building permits in the City of Manila decreased from 131 in the fourth quarter of 2022 to 109 in the same quarter of 2023 that translates to 16.8 percent.

Similarly, for the National Capital Region, the total approved building permits was lower by 501 projects or 19.1 percent in the fourth quarter of 2023 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 fourth quarter of 2023 and 2022.

The total number of approved permits for Residential type of buildings for the City of Manila decreased by 28.8 percent and 37.5 percent for the Non-Residential type during the fourth quarter of 2023 compared to the same quarter of the previous year. The combined number of alterations and repairs of existing structures, however, increased by 7.5 percent from 53 during the fourth quarter of 2022 to 57 of the same quarter of 2023.

Figure 1 shows the comparison in the number of approved building permits by type of building for the City of Manila during the fourth quarter of 2022 and 2023.

Value of building construction decreased by 28.6 percent 

The total value of construction plummeted in the fourth quarter of 2023 compared to the same quarter of 2022 with 28.6 percent or equivalent to Php 549.5 million. Meanwhile, the value for alterations or repair to existing structures registered the highest increase with 984.7 percent. However, there were no records for additions to existing structures in the fourth quarter of 2023.

Single-type of Residential building obtains the highest number while Residential Condominium gets the biggest value of construction

Forty-two approved applications for Residential building were reported amounting to Php 353.5 million during the fourth quarter of 2023. Among the types of Residential building, Single-type with 26 approved building permits had the greatest number of contribution of 61.9 percent. On the other hand, the value of construction for Residential Condominium got the biggest share to the gross value with 47.41 percent amounting to Php 167.6 million.

Commercial-type of Non-Residential building obtains the highest number and the biggest value of construction

Ten approved building permits with a total of Php 95.2 million for Non-Residential building were constructed during the fourth quarter of 2023. Commercial-type had the most number with eight (8) applications and with the biggest share of 80 percent to the value of construction.

(SGD.) Amelia G. Basilio
Chief Statistical Specialist
Officer-in-Charge