This Special Release presents data on construction statistics from approved building permits for the National Capital Region (NCR) Provincial Statistical Office III - City of Pasig for the fourth quarter of 2023. The figures are based on the results of the tabulated data collected from building permits.

Number of approved building permits decreases by 39.7 percent in the fourth quarter

The number of approved building permits in the City of Pasig decreased by 39.7 percent to 120 in the fourth quarter of 2023 from 199 in the same quarter of the previous year. However, the total value of construction rose by 12.9 percent to Php 5.94 billion in the fourth quarter of 2023 from Php 5.26 billion in the fourth quarter of 2022.

Relative to the entire region, the City of Pasig accounted for 5.3 percent of the total approved building permits and 34.3 percent of the total construction value in the fourth quarter of 2023. See Table 1 for details.

Number of approved building permits decreases

The number of residential building permits decreased by 47.1 percent to 36 in the fourth quarter of 2023 from 68 in the same period of the previous year. Likewise, non-residential building permits decreased by 35.0 percent to 13 in Q4 2023 from 20 in Q4 2022. Furthermore, approved building permits for addition/alteration and repair dropped by 36.0 percent to 71 in the fourth quarter of 2023 from 111 in the same quarter of 2022.

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

Value of construction for residential types of building increases

The total construction value of residential buildings in the City of Pasig increased by 14.7 percent, from Php 4.80 billion in the fourth quarter of 2022 to Php 5.51 billion in the fourth quarter of 2023. On the other hand, the construction value of non-residential buildings declined by 38.4 percent, from Php 0.15 billion to Php 0.09 billion over the same period.

In contrast, the total construction value for addition/alteration and repair increased by 9.2 percent, from Php 0.32 billion in the fourth quarter of 2022 to Php 0.34 billion in the fourth quarter of 2023.

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

Single residential unit registers the highest number of approved building permits while residential condominium records the highest value of construction

Among all residential building types, single residential units recorded the highest number, with 25 approved building permits, comprising 69.4 percent of the total which accumulated a total construction value of Php 0.09 billion or 1.6 percent of the total value. Meanwhile, residential condominiums registered the highest construction value, amounting to Php 5.38 billion or 97.7 percent of the total, with 4 approved building permits, or 11.1 percent of the total number.

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

Commercial type records the highest among non-residential building construction

Among the types of non-residential building construction, commercial buildings recorded the highest number, comprising 69.2 percent or 9 approved building permits amounting to Php 0.06 billion or 65.7 percent of the total value. This was followed by the industrial type of building, with 3 approved building permits or 23.1 percent of the total number and a total construction value of Php 0.03 billion or 34.1 percent of the total value. Relative to this, other types took up the remaining 7.7 percent, with 1 approved building permit accumulating Php 0.0002 billion.

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

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

The average cost per square meter for residential buildings was Php 9,487 in Q4 2023, which declined by 2.0 percent from Php 9,676 in Q4 2022. At the same time, the average cost per square meter for non-residential buildings dropped to Php 14,724 in Q4 2023, reflecting a decrease of 17.8 percent from Php 17,921 in Q4 2022.

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

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 Pasig.

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
rssoncr.psa.gov.ph/NCRIII
rssoncr.psa.gov.ph
www.psa.gov.ph

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