Statistics on Building Construction
The approved building permits provide monthly data on building construction at the municipal level nationwide. These construction statistics include the number, floor area, type of building and value of construction. Statistics generated from approved building permits are the bases of estimating level of construction of national income accounts and an indicator on the level of investment in the country. As such, the data is valuable in analyzing present economic conditions and past developments, forecasting future trends and making policy decisions.
The generation of construction statistics from approved building permits covers all municipalities and cities issuing building permits for the construction of residential and non-residential structures, additions and alterations and repairs, demolition, landscaping and putting up of signboards.
Building Construction in Rizal Province
The month of October 2019, posted a total of 386 building permit applications decreased by 24.16 percent compared to previous month of 509 documents. The 509 buildings constructed had a total floor area of 72,853 sq. m., and value amounting to Php 859M. City of Antipolo registered the highest number of buildings constructed with 18 applications, and total floor area of 22 327 sq.m. amounting to Php 281M. Followed by San Mateo (63); Taytay (34); Binangonan (31) and Angono (24).