RIDERSDIGEST2025 PHILIPPINEEDITION Rider Levett Bucknall Philippines, Inc.NATIONWIDE OFFICES LEGEND: RLBPhils., Inc Office:• Manila • Sta Rosa, Laguna• Cebu• Davao• Cagayan de Oro• Bacolod• Iloilo• Bohol• Clark RLB Future Expansions:• Dumaguete• General Santos RIDERS DIGEST PHILIPPINES 2025 A compilation of cost data and related information on theConstruction Industry in the Philippines Compiled by: Rider Levett Bucknall Philippines, Inc.A proud member of Rider Levett Bucknall Group Main Office:Building 3, Corazon Clemeña Compound No. 54 Danny Floro Street, Bagong Ilog,Pasig City 1600 PhilippinesT: +63 2 8365 1060+63 2 8365 1583E: rlb@ph.rlb.com /bizdev@ph.rlb.com Clark Office:Unit 211 Baronesa Place Bldg., Sta. Rosa, Laguna Office:Unit 2C, Amio Place Building, Mc Arthur Hi-way,Dau, Mabalacat City,Pampanga 2010 PhilippinesM: +63 917 569 5258E: rlb@ph.rlb.com /jenifer.rondina@ph.rlb.com Bel-Aire, Sta. Rosa CityLaguna, 4026 PhilippinesM: +63 917 886 9332E: sonny.samonte@ph.rlb.com Cebu Office: Unit 2-901, 9th Floor, OITC 2,Oakridge Business Park,880 A.S. Fortuna Street,Brgy. Banilad, Mandaue City,Cebu 6014 PhilippinesT: +63 32 268 0072+63 32 231 0811E: rlbcebu@ph.rlb.com Bohol Office:Sitio Cascajo, Looc Panglao Island,Bohol 6340 PhilippinesM: +63 917 548 1313E: rlb@ph.rlb.com /coraballard@ph.rlb.com Iloilo Office:2nd Floor, Unit 17, Bacolod Office:2nd Floor, Paseo Verde, Lacson Street, Mandalagan, BacolodNegros Occidental, PhilippinesM: +63 929 336 4180E: rlb.bacolod@ph.rlb.com /noel.clemena@ph.rlb.com The Galleria, Jalandoni St.,Jaro, Iloilo City, PhilippinesM: +63 929 336 4180E: rlb@ph.rlb.com /noel.clemena@ph.rlb.com Davao Office: Cagayan de Oro Office: 4th Floor Units 404-405Cocolife Building, Claro M. RectoCorner Palma Gil StreetsDavao City 8000 PhilippinesT: +63 82 225 9093M: +63 929 336 4180E: rlbdavao@ph.rlb.com /noel.clemena@ph.rlb.com Unit 4, RMT Building,C.M. Recto Ave., Lapasan Highway,Brgy. Lapasan, Cagayan De Oro City,Misamis Oriental, 9000 PhilippinesM: +63 929 336 4180E: rlb.cdo@ph.rlb.comnoel.clemena@ph.rlb.com WhileRider Levett Bucknall Philippines has endeavoured to ensure theaccuracy of the information contained herein, it does not warrant its adequacyor completeness and expressly disclaims any liability for any errors in, oromissions from this Digest. Rider Levett Bucknall Philippines, Inc. shall not beheld liable for any damages; loss; expenses or costs whatsoever or howsoeverarising out of, or in connection with the use of the Digest. The Digest isprovided for general information only and should not be construed as cost,legal, tax, or any other professional advice. Professional advice should be soughtwhen utilizing any information in this publication to verify its applicability tospecific construction requirements and circumstances. This Digest may not,in any medium, be reproduced, published, altered or otherwise used in wholeor in part in any manner without the prior written consent of Rider LevettBucknall Philippines, Inc. Cost information in this publication is indicative and for general guidance only.Prices and rates are as at 3rd Quarter of 2024 and expressed in Philippine Pesounless otherwise stated. References to legislative provisions and regulations areas at 31 December 2024 only. CONTENTS Disclaimer and Contact InformationiTable of ContentsiiMessage from the Chairman and PresidentviQuality Policy StatementviiiISO – 9001:2015 Certificationix PHILIPPINE CONSTRUCTION TRENDS Number of Construction Projects by Type2Distribution of Construction Projects2by RegionValue of Construction by Type of Building3Number and Value of Residential Construction3Number and Value of Non-Residential4Construction by Type PHILIPPINE CONSTRUCTION COST DATA Definition of Terminologies6Building Construction Prices8Office Fit-Out10Hotel Fit-Out10Refurbishment Works11External Works11Building Services - Definition of Terminologies12Building Services13Construction Elements17 Construction Materials Wholesale Price Index20Summary of Current Regional Daily Minimum22Wage Rates ESTIMATING DATA Reinforcement Ratios28Average Construction Payment29DrawdownVertical Transport Services31 INTERNATIONAL CONSTRUCTION Specific Definitions for International35Construction CostsBuilding Costs36Construction Market Activity Cycle Model40Sector Data of Selected Cities per Regional Location41 PHILIPPINE CONSTRUCTIONINFORMATION Building for EcologicallyResponsive44Design Excellence(B.E.R.D.E.)LEED®Green Building Rating System61WELL Building Standard68(International WELL Building Institute)Excellence in Design for83Greater Efficiencies (EDGE)Fitwel® Healthy Building86Certification CONTENTS Development Data90Measurement of Building AreasGovernment System Implemented93for Private and Public ConstructionConstruction Industry-Related Agencies95 INFRASTRUCTURE General Definition of Terminologies98Construction Cost Data102Average Infrastructure Construction110Payment DrawdownPhilippine Infra