Non-residential constructions average cost per sqm Philippines Q1 2020-Q4 2023

Published by
Christy Balita,
Jul 15, 2024

As of the fourth quarter of 2023, preliminary figures indicated that non-residential constructions in the Philippines cost an average of 10,210 Philippine pesos per square meter. The average per square meter cost of non-residential constructions in the country was lowest in the third quarter of 2023.

Average cost per square meter of non-residential constructions in the Philippines from 1st quarter 2020 to 4th quarter 2023 (in 1,000 Philippine pesos)

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Release date

February 2024

Region

Philippines

Survey time period

Q1 2020 to Q4 2023

Supplementary notes

*Preliminary

One Philippines peso is equal to 0.017 U.S. dollars and 0.016 euros as of July 2024.

Figures have been rounded.

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