Published by
 
 
2003
2004

% Change
(year-on-year)

 
Rental rates
in Php/sq.m., 1st half
Makati Grade "A" Developments
350-400
400-500
--
Ortigas Grade "A" Developments
230-250
230-280
--
 
Capital values
in Php/sq.m., 1st half
Makati Grade "A" Developments
45,000-50,000
45,000-50,000
--
Ortigas Grade "A" Developments
30,000-35,000
30,000-35,000
--
 
Vacancy rates
in %
Makati City Central Business District
20
14
(6)
Ortigas Center Central Business       District
29
30
1
 
 
2005
2006

% Change
(year-on-year)

 
Construction activity
Building permit applications
nationwide, 2nd Quarter
27,773
26,563
(4.4)
   Residential
19,370
17,904
(7.6)
   Non-residential
2,998
4,295
43.3
   Additions, alterations, repairs
5,405
4,364
(19.2)
       
Total value of construction
in P billion, 2nd Quarter
27.0
31.4
16.3
   Residential
13.8
13.3
(3.6)
   Non-residential
10.6
15.6
47.2
   Additions, alterations, repairs
2.6
9.6
269.2
 

Average cost per square meter
in Php, 2nd Quarter

   Residential
5,822
6,296
8.1
   Non-residential
6,995
9,009
28.8