A.    Number of Constructions
    
In the MIMAROPA Region, the number of constructions from approved building permits in 2023 was posted at 4,044, indicating a 25.3 percent annual decline from 3,516 total number of constructions reported in the previous year. The number of constructions increased at an annual rate of 6.1 percent in 2022. (Table 1)

Residential buildings had the highest number of constructions

By type of construction, residential buildings still reported the highest number of constructions, which totaled to 2,799 or 57.0 percent of the total number of constructions in 2023. This translates to an annual increase of 22.7 percent from the previous year’s level of 3,516 constructions. Nearly nine in every ten residential constructions or 89.7 percent were single type houses with 2,511 approved constructions. (Figure 1, Table 1, and Table 3)

Meanwhile, the non-residential type of constructions was the second highest in terms of number of constructions at 1,444 or 32.8 percent of the total number of constructions in 2023. This type of construction increased in number during the year at an annual rate of 36.9 percent. More than two in every three non-residential constructions or 
67.8 percent were commercial buildings with 979 approved constructions. (Figure 1, Table 1, and Table 4)

Addition, which refers to any new construction that increases the height or area of an existing building, and alteration and repair of existing structures contributed 1.2 percent and 2.4 percent to the total number of constructions in 2023, respectively. Compared with their respective numbers in 2022, addition-type of construction recorded a 14.6 percent annual increment, while alteration and repair posted a 19.1 percent annual decline. (Table 1 and Table 2)

Number of constructions was highest in Oriental Mindoro

Oriental Mindoro registered the highest number of constructions at 1,101 or 25.0 percent share to the total number of constructions in the MIMAROPA Region in 2023. Completing the top three provinces and highly urbanized city with the highest number of constructions were City of Puerto Princesa with 970 constructions (22.0%) and Palawan with 888 constructions (20.2%). (Figure 2 and Table 2)

B.    Value of Constructions
    
Total value of constructions went up by 40.9 percent

In 2023, the total value of constructions amounted to PhP 8,548.66 million, reflecting an annual increase of 40.9 percent from the PhP 6,069.30 million value of constructions posted in the previous year. (Table 1)

Non-residential-type recorded the highest value of constructions

The value of non-residential building constructions was at PhP 5,083.48 million. This accounts for 59.5 percent of the total value of constructions in 2023. Among non-residential constructions, institutional buildings had the highest value of constructions at PhP 2,539.74 million (50.0%) and was closely followed by commercial building constructions whose aggregated value is estimated as PhP 2,166.52 million. (Figure 3, Table 1, and Table 4)

On the other hand, the construction value of residential buildings amounted to PhP 2,770.15 million or 32.4 percent of the total construction value registered in 2023. This reflects a 15.5 percent increment from PhP 2,397.91 million value of constructions reported in the previous year. Among residential constructions, single houses registered the highest value of constructions at PhP 2,357.98 million (85.1%). (Figure 3, Table 1 and Table 3)

The construction value for addition to existing structures, and for alteration and repair to existing structures were recorded at PhP 522.36 million (6.1%) and PhP 172.67 million (2.0%), respectively. Both types of construction recorded increases in their respective construction values compared with the previous year, registering annual rates of 873.2 percent for addition to existing structures and 3.2 percent for alteration and repair. (Table 1 and Table 2)

Share of Oriental Mindoro’s value of constructions reached 36.9 percent

Constructions in Oriental Mindoro were valued at PhP 3,158.12 million. This translates to 36.9 percent share to the regional value of constructions in 2023. Marinduque and City of Puerto Princesa followed with corresponding value of constructions at PhP 1,836.74 million (21.5%) and PhP 1,632.50 million (19.1%). (Figure 4 and Table 2)

C.    Floor Area
    
Reported total floor area of constructions expanded by 36.6 percent

The total floor area of constructions in 2023 was recorded at 716,556 square meters. This corresponds to an annual increment of 36.6 percent from 524,488 square meters of floor area in the previous year. (Table 1)

Non-residential buildings accounted for more than three-fifths of the total floor area of constructions

Non-residential constructions recorded 448,874square meters or 62.6 percent of the total floor area of constructions in 2023. It increased at an annual rate of 50.7 percent compared with the previous year’s floor area of 297,880 square meters. (Figure 5 and Table 1)

Meanwhile, residential constructions recorded 256,138 square meters or 35.7 percent of the total floor area of constructions this quarter. This reflects a 16.1 percent annual increment from the aggregated 220,579 square meters of floor area in 2022. (Figure 5 and Table 1)

D.    Average Cost per Square Meter

Average cost of construction went up by 3.9 percent

The average cost of construction in 2023, excluding those for alteration and repair, and other non-residential, was estimated at PhP 11,689.23 per square meter. It increased by 3.9 percent compared with the average cost of PhP 11,252.89 in 2022. (Table 1)

Addition of structures had the highest average cost of constructions

Among types of construction, addition of structures to existing buildings had the highest average cost of PhP 45,249.37 per square meter in 2023. This was followed by non-residential constructions with PhP 11,324.96 per square meter, and residential constructions with PhP 10,815.07 per square meter. (Figure 6 and Table 1)

Duplex / quadruplex construction was the most expensive among types of residential construction

Among residential constructions, duplex and quadruplex posted the highest average cost of PhP 17,014.60 per square meter in 2023, while other residential buildings recorded the lowest average cost of PhP 6,837.01 per square meter. (Figure 6)

Institutional buildings were the costliest among non-residential constructions

Among non-residential constructions, institutional-type buildings reported the highest average cost of PhP 13,550.99 per square meter. On the other hand, agricultural-type buildings registered the lowest average cost of PhP 5,945.09 per square meter. (Figure 6)

(SGD) LENI R. RIOFLORIDO
Regional Director

MLLM / RRL