Number of new construction projects in Bulacan increases

In 2021, the total number of new construction projects in the Province of Bulacan registered at 6,620. Compared to 4,470 construction projects during the previous year, the number of construction increased by 49.1 percent.

Similarly, the total floor area of construction also increased. From 1.3 million sq.m. in 2020, it rose to 1.5 million sq.m. in 2021. This translated to an increase of 11.4 percent.

Likewise, the total value of new construction projects estimated at PhP14.35 billion, exhibited an increase of 59.8 percent from PhP8.98 billion in the first quarter of 2021.

Residential building has the highest number of construction

The number of residential construction projects grew by 54.7 percent. From 3,073 in 2020, it grew up to 4,754 in 2021. By type of construction, residential buildings had the biggest shares comprising 71.8 percent of the total. Among residential building constructions, single houses reported the highest number with 2,971. This was followed by apartment/accessoria and duplex/quadruplex with 1,702 and 73 respectively.

However, the number of construction projects for non-residential buildings decreased. From 834 in 2020, it went down to 801 exhibiting a decrease of 4.0 percent. The non- residential constructions share 12.1 percent of the total. Commercial buildings dominated the non-residential constructions with 457. This was followed by Industrial with 201, Institutional with 96, Other Non-residential with 42, and Agricultural with 5.

The additional and alteration/repair of existing structures contributed 0.4 and 15.7 percent of the total respectively. Compared with the number of constructions in 2020, the addition to existing structures declined by 82.2 percent from 152 to only 27 in 2021. While the alteration and repair inclined by 172.4 percent from 381 to 1038.

Total floor area in 2021 increases

The reported total floor area of construction in 2021 was recorded at 1.46 million sq.m. This translated to an increase of 11.4 percent compared with 1.31 million sq.m. in 2020.

Residential Building has the highest value of constructions

Residential building constructions valued at PhP7.9 billion accounted for 55.2 percent of the total value of constructions in 2021. This value indicates an increase of 81.4 percent from PhP4.4 billion in 2020. Among residential constructions, single houses had the highest value of constructions at PhP4.8 billion.

Meanwhile, the construction value of non-residential buildings amounted to PhP5.3 billion or 36.7 percent of the total construction value during the year. This indicates an expansion of 24.2 percent from PhP4.2 billion value of constructions recorded in 2020. Among non-residential constructions, industrial buildings registered the highest construction value at PhP3.2 billion.
 

The average cost per sq.m. increases

The average cost per sq.m. in 2021 went up. From the average of PhP6,838 per sq.m. during the previous year, it rose to PhP9,807 per sq.m.. This reflects a 43.4 percent increase. In terms of type of construction, residential buildings had the highest average cost per sq.m. with PhP9,408 per sq.m.. The PhP8,902 per sq.m. in 2020, showed an increase of 11.0 percent. However, the non-residential constructions recorded PhP8,479 per sq.m. for this year. It is much higher by 70.1 percent compared to PhP5,233 per sq.m. during the previous year.

Municipality of Santa Maria has the highest number of constructions

Santa Maria ranked first in terms of the total number of constructions, registering 1,242 constructions or 18.8 percent share of the total number of constructions during the year. This was followed by Marilao with 804 constructions (12.1%) and City of Malolos with 771 constructions (11.6%).

Among the city/municipality with the least number of constructions, Doña Remedios Trinidad had only two (2) construction projects which is less than one percent of the total. The Municipality of Paombong registered 15 construction projects (0.2%) and the Municipality of Hagonoy with 48 construction projects (0.7%).
 

ELMOR G. BARROQUILLO
(Chief Statistical Specialist)
Officer-in-Charge
Bulacan Provincial Statistical Office