Philippines Average Construction Cost (2024)

Housing Index in Philippines decreased to 11313.25 PHP/SQ. METRE in the fourth quarter of 2023 from 11749.54 PHP/SQ. METRE in the third quarter of 2023. Housing Index in Philippines averaged 8834.19 PHP/SQ. METRE from 2002 until 2023, reaching an all time high of 12682.00 PHP/SQ. METRE in the first quarter of 2018 and a record low of 4889.00 PHP/SQ. METRE in the fourth quarter of 2002. source: Philippine Statistics Authority



Related Last Previous Unit Reference
Building Permits 34675.00 37845.00 Units Dec 2023
Housing Index 11313.25 11749.54 PHP/SQ. METRE Dec 2023
Residential Property Prices 12.85 14.15 Percent Sep 2023

Philippines Average Construction Cost

In Philippines, Housing Index shows the average cost per square meter to construct a new house, including building, electrical, mechanical, plumbing and others.

Actual Previous Highest Lowest Dates Unit Frequency
11313.25 11749.54 12682.00 4889.00 2002 - 2023 PHP/SQ. METRE Quarterly


Philippines Average Construction Cost (2024)
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