The cost of constructing a house in the Philippines currently ranges from 15,000 to 20,000 per square meter of the total floor area of the house ( excluding lighting fixtures, grills, perimeter fence w/ gate & landscape). This is an aggressive estimate based on prevailing construction costs and meant for budgetary or reference purposes only. A more detailed cost estimate can be determined once the plan and design of the house is done. The costs may vary depending on the following variables aside from the basic reference on total floor area: * Type of finish – standard to elegant * Timetable – a rushed construction would typically require more manpower than regularly needed to meet the shortened construction timetable * Lot location – if the location of your lot is lower than the road and would require landfill this will also add to the cost One alternative is to give your budget outright so that the Contractor/Architect can customize a plan and house design that would fit your budget and specifications. Outright costs are house design fees and processing fees for building permits. At CMBuilders we offer complete all-in package for hassle-free house construction. Once you avail of our house construction services the design fees are refundable or deductable from the entire project cost. We will take care of everything for you from plans to processing of building and occupancy permits. After turn over, it will be ready for you to move in. You don’t have to worry if budget is a concern, we are able to suggest alternative materials or offer options without sacrificing quality. Just tell us your budget and we will work on it.
For terms of payment, when the building permit is released a 25% down payment will be required to start commencing on the actual house construction. Balance can then be paid thru monthly progress billing.
You will need to give the lot plan and deed of restriction as well as detailed specifications of your desired house: * Number of bedrooms and bathrooms * Number of levels or floors * Type of finish * Desired size * Design type – you may also give sample designs that appeal to you which would be very helpful in articulating your design preferences. You may also choose from house designs available. This will then be customized to fit your lot plan and requirements going thru consultation, presentation and approval from the owner. Once the house plans and design are done a detailed cost estimate will be presented. After approval of investment cost and signing of contract, all necessary permits such as building permit need to be secured and finally commence actual house construction. If you are availing thru a bank or PAG IBIG house construction loan the complete house plans and Bill of Materials are required. Our Engineer can be requested to be onsite when the Bank Assessor comes to calculate the value of the lot and house construction cost. Usually banks approve 70% of the value of the house construction cost estimate and lot. It is also advisable to indicate a budget range you are willing to invest so the Contractor will be able to advise what can fit within your budget. Otherwise you may discover that when the cost estimates are presented, the budget you have in mind does not match or you may not be able to afford the investment required based on your desired design and specifications. Budget friendly house construction in the Philippines is finally within your reach! Whether you want a bungalow, two-storey, duplex, townhouse, apartment, commercial building or office construction and renovation, we do it all at rates you can afford.
BUILDING a HOME in the Philippines has many advantages; maybe you already have a lot somewhere so you save on that and you can design your ‘dream house’ to fit your lot and wishes and budget. Most Philippine architects and contractors do not offer a ‘standard designed house’ (model home) because it can never be exactly what you want; it will not fit your lot and the floorplan is not as you like it etc. Therefore they design a UNIQUE house to fit your LOT, WISHES and BUDGET. House construction cost in the Philippines depends on the total floor area, the exact location, the logistics/accessibility, regulations/restrictions of the local government or subdivision, soil-type, neighbor-buildings, availability of local skilled labor, source of electricity/water etc.