Institutional construction average cost per sqm Philippines Q1 2020-Q4 2023

Published by
Christy Balita,
Dec 10, 2024

As of the fourth quarter of 2023, institutional constructions in the Philippines had an average cost of about 13,400 Philippine pesos per square meter, indicating a slight decrease from the previous quarter. The average per square meter cost of institutional construction fluctuated since the first quarter of 2020. 

Average cost per square meter of institutional 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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