The average cost per square meter of residential-type construction in the Philippines decreased to 10409 PHP/SQ. METRE in the second quarter of 2021 from 11891 PHP/SQ. METRE in the first quarter of 2021. source: National Statistics Office of Philippines

Housing Index in Philippines averaged 8525.86 PHP/SQ. METRE from 2002 until 2021, reaching an all time high of 12682 PHP/SQ. METRE in the first quarter of 2018 and a record low of 4889 PHP/SQ. METRE in the fourth quarter of 2002. This page provides - Philippines Housing Sales - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Average Construction Cost - values, historical data and charts - was last updated on October of 2021.

Housing Index in Philippines is expected to be 11900.00 PHP/SQ. METRE by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Average Construction Cost is projected to trend around 13000.00 PHP/SQ. METRE in 2022, according to our econometric models.

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Philippines Average Construction Cost

Philippines Last Unit Reference Previous Highest Lowest
Housing Index 10409.00 PHP/SQ. METRE Jun/21 11891.00 12682.00 4889.00

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.