Average cost of industrial construction Philippines Q1 2020-Q4 2023

Published by
Christy Balita,
Nov 14, 2024

As of the fourth quarter of 2023, preliminary figures indicated that the average cost per square meter of industrial construction in the Philippines was about 8,330 Philippine pesos. The average per square meter cost of industrial construction fluctuated since 2020, with the lowest per square meter cost in the third quarter of 2023. 

Average cost per square meter of industrial construction 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 August 2024.

Figures were taken from multiple reports.

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