Total Number of constructions posted a decline in Tarlac

The total number of constructions from approved building permits posted a decline of 68.5 percent in the province of Tarlac. The total constructions for the month of November 2024 recorded a total of 107 from the 340 posted in the same month of the previous year. (Figure 1)

By type of constructions, residential buildings reported the highest share with 55 approved building permits or 51.4 percent share to the total. This was followed by non-residential constructions with 34 approved building permits or 31.8 percent, 14 approved building permits or 13.1 percent for alteration and repair, while addition and demolition/moving both recorded 2 approved building permits or 1.9 percent
share. (Figure 2)

Total Residential and Non-Residential Building Constructions

Majority of the total residentials were single-type houses with 50 constructions or 90.9 percent share. Apartment/accessoria has 4 constructions or 7.3 percent share and Duplex/quadruplex has 1 construction or 1.8 percent share. (Figure 3)

Meanwhile, for non-residential type of construction the commercial buildings have the most construction with 24 constructions or 70.6 percent share, followed by institutional which recorded 7 constructions or 20.6 percent share, while industrial, agricultural and other non-residential had 1 construction or 2.9 percent share respectively. (Figure 4)

Total value of construction

Total value of constructions from approved building permits for November 2024 amounted to Php333.0 million, a decrease of 47.1 percent from Php629.9 million recorded during the same month of the previous year. (Figure 5)

Residential building constructions was estimated at Php121.1 million or 36.4 percent of the total value of constructions during the period. This figure is 62.6 percent lower than the Php324.2 million construction value of residential buildings recorded in same month of 2023. (Figure 6)

Among residential constructions, single-type buildings had the highest value of constructions at Php110.3 million or 91.1 percent, apartment/accessoria had Php9.7 million or 8.0 percent, and duplex/quadruplex had Php1.1 million or 0.9 percent value of construction. (Figure 7)

On the other hand, non-residential buildings construction had a total value of construction at Php192.7million recorded in November 2024. This shows a decrease of 34.3 percent from the total of Php293.2 million of the previous construction value in the same month of 2023. (Figure 8)

Among non-residential buildings, Institutional registered a total value of Php84.2 million value of construction or 43.7 percent share, followed by commercialtype constructions with a total value of Php51.5 million or 26.7 percent share, agricultural with Php46.9 million or 24.3 percent share, industrial construction recorded a value of Php9.2 million or 4.8 percent share, while other non-residential has P0.9 million or 0.5 percent share on the total value of construction during the period. (Figure 9)

Floor Area

The total floor area of construction for this month was recorded at 22,271 square meters, this shows an annual decrease of 59.4 percent from the recorded 54,925 square meters floor area in the same period of the previous year. This type of constructions excludes alteration and repair, demolition/moving, and other nonresidential
like street furniture, landscaping, and signboard, etc. since there is no reported floor area for these types of constructions. (Figure 10)

Non-residential buildings accounted for more than half of the total floor area of
constructions

Non-residential construction posted 14,398 square meters or 64.6 percent of the total floor area of constructions for this month. This reflects an annual decline of 49.8 percent from the total floor area of non-residential constructions of 28,708 square meters in the same month of 2023. (Figure 11)

Among the non-residential constructions, agricultural posted 5,720 square meters or 39.7 percent, followed by commercial buildings which recorded a total of 4,410 square meters or 30.6 percent, institutional construction recorded 3,622 square meters or 25.2 percent, and institutional has 646 square meters or 4.5 percent. (Figure 12)

Residential construction recorded 7,773 square meters or 34.9 percent of the total floor area of constructions in November 2024. This type of construction includes single-residential construction with a total of 6,985 square meters or 89.9 percent of the total residential construction, apartment/accessoria has 674 square meters or
8.7 percent, and duplex/quadruplex has 114 square meters or 1.5 percent. (Figure 13)

Average Cost of Construction

Residential buildings had the highest average cost of constructions

The average cost of construction in November 2024 recorded at Php14,952.2 per square meter. This was 30.4 percent higher than the average cost Php11,468.1 per square meter in November 2023. Alteration and repair, demolition/moving, and other non-residential like street furniture, landscaping, and signboard, etc. were excluded
since there is no reported floor area for these types of constructions.

Residential buildings had the highest average cost of Php15,579.4 per square meter during the month. Among the residential constructions, single-type construction posted the highest average cost of Php15,787.25 per square meter during the period, while apartment/accessoria posted an average cost of Php14,439.5 per square meter.
Duplex/Quadruplex recoded the lowest average cost of Php9,584.92 per square meter. (Figure 14)

Non-residential constructions recorded an average cost of Php13,381.68 per square meter for the month of November 2024. Across the non-residential constructions, institutional-type buildings reported the highest cost of Php23,250.59 per square meter. Industrial-type buildings recorded an average cost of Php14,266.4 per square
meter, while commercial-type buildings had an average cost of Php11,677.45 per square meter. Agricultural-type buildings registered the lowest average cost of  Php8,192.09 per square meter. (Figure 15)

Approved for release:

HERMAN J. VITAL
Chief Statistical Specialist
PSA Tarlac Provincial Statistical Office

BJDU/EBAN/ECU