RBenedict Construction Services - RB Con

No More 25k/sqm Standard Finished House

Based on Q1 2021 Market Price

https://www.rlb.com/ccc/ -cost-indicator

Construction Material Price surge up by 50% since Q4 2020 and never return to the last price increase since 2018.

Consult and deal only with the proper construction professional.

Updated Construction Cost of a House in the Philippines

The cost of your house will depend on a lot of things, such as the area, chosen materials, number of stories, and more.

A BARE finish is the plainest among finishes. It is the most budget-friendly and economical type. It will cost about 20,000-25,000 per sqm. The BARE finish will require you to do a lot more work to beautify it with some painting jobs, bathroom decorations, and cabinet installation.

Next comes the STANDARD finish which is already an upgrade from the bare finish. Another way to describe this is an average finish that is fit for the Pinoy middle-class. You now have more design-friendly alternatives to choose from with 30,000-40,000 per sqm.

If you are shooting for the stars, your fancy residence with an ELEGANT TO LUXURY finish will have an average square meter cost of 40,000 to P60,000. Think of it as having a first-class look and materials. With a bigger budget in place, you can afford more flexibility and personalization in your house.

These costs cover the house itself, including the electrical, mechanical, and plumbing work.

That’s basically it! You have now an idea of the basic construction cost of a house in the Philippines.

NOTE: Based on the current construction supplies in the Philippines
Source: https://bit.ly/3DvuhOn