04/07/2020
Here’s What You Need to Know About House Construction Costs in the Philippines
Rough estimate
The costs really depend on how big you want your house is. Local homebuilders reveal that the cost of constructing a house designed for a middle-class family in the Philippines currently ranges from Php 15,000 to Php 20,000 per square meter based on the total floor area of the house.
Meanwhile, according to the 2016 Construction Cost Handbook of construction consultancy services provider Langdon & Seah Philippines Inc., terraced houses and average standard homes (one to two bedrooms) tend to cost between Php25,700 and Php31,000 per square meter.
Detached houses and high-end residences, on the other hand, the cost is between Php 53,900 and Php 63,150 per square meter. These values, as per Langdon & Seah, are already inclusive of the expenses for mechanical, electrical, and plumbing services.
Sources: CM Builders, 2016 Construction Cost Handbook
