Name: Philippines Average Construction Cost
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Philippines,Housing Index,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Average cost per square meter of residential-type construction in the Philippines increased to 10898 PHP/SQ. METRE in the third quarter of 2021 from 10828 PHP/SQ. METRE in the second quarter of 2021. source: Philippine Statistics Authority

Housing Index in Philippines averaged 8565.33 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 July of 2022.

Housing Index in Philippines is expected to be 12100.00 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 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Housing Index	10898.00	10828.00	PHP/SQ. METRE	Sep 2021

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.