The total number of approved building permits in the City of San Juan decreased from 41 in the fourth quarter of 2022 to 7 in the same quarter of 2023 that translates to 82.9 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 San Juan during the fourth quarter of 2023 and 2022.
The total number of approved permits for Residential type of buildings for the City of San Juan decreased by 84.2 percent during the fourth quarter of 2023 compared to the same quarter of the previous year. There was one (1) permit for alterations and repair of existing structures that has been approved in the fourth quarter of 2023. Meanwhile, no permits for Non-residential types of building has been listed in the same period.
Figure 1 shows the comparison in the number of approved building permits by type of building for the City of San Juan during the fourth quarter of 2022 and 2023.
Value of building construction decreased by 31.5 percent
The total value of construction plummeted in the fourth quarter of 2023 compared to the same quarter of 2022 with 31.5 percent or equivalent to Php 52.6 million. Furthermore, the value for alterations or repair to existing structures registered a decrease of 77.2 percent or Php 3.2 million in the fourth quarter of 2023.
Six (6) approved permits for Single-type of Residential building
Six (6) approved applications for Single-type of Residential building were reported amounting to Php 113.3 million during the fourth quarter of 2023. On the other hand, there were no applications for Non-residential type of building and any additions to existing structures. However, there was one (1) approved building permit for alterations and repair to existing structures which has a value of Php 957,000.
One (1) approved permit for alterations and repair to existing structures
One (1) building permit for alterations and repair to existing structure has been approved during the fourth quarter of 2023 with a value of Php 957,000.
(SGD.) Amelia G. Basilio
Chief Statistical Specialist
Officer-in-Charge