Private constructions in Guimaras up 6% in Q3 2020

Private sector constructions in Guimaras increased by 6 percent in the 3rd quarter of 2020 mainly due to more residential projects on the island.

Citing preliminary results of construction statistics generated from the approved building permits, the Philippine Statistics Authority (PSA)-Guimaras Provincial Statistical Office reported more constructions in the said period compared to 2019.

“The number of constructions reached at 53, higher than the 50 recorded figures during the same quarter in 2019,” Guimaras Provincial Statistics Officer Nelida B. Losare said.

The 6 percent spike in private sector construction was due to the 8.33 percent increment in residential projects which accounted for 49.06 percent of the total construction and additional construction of other type such as addition, alteration and repair construction.

The number of non-residential building constructions, however, declined by 19.23 percent, from 26 in Q3 2019 to 21 in the same quarter in 2020. Other construction type went up by 100 percent. (See Figure 1)

Compared to other provinces of Western Visayas region, Guimaras had the least number of private constructions on both residential and non-residential types.

Negros Occidental province posted the highest at 617 (72.77 percent residential and 16.21 percent non-residential).

Iloilo reported 614 total constructions Aklan with 185, Antique with 98 and Capiz with 74.

Accounting for 37.97 percent of the regional sum, Negros Occidental led other provinces in terms of floor area in Q3 2020 at 113,335 square meters with an estimated value of Php1.71 billion. (see Table 1).

“The Province of Iloilo came second with 92,830 sq.m. assessed at Php1.01 billion pesos. Following at a distant, were the provinces of Aklan and Capiz having 57,593 sq. m. valued at PhP624.85 million and 15,449 sq. m. for PhP192.36 million, respectively,” Losare said.

“Guimaras, however, had the least floor area of only 9,016 with an estimated value of Php70.56 million contributing 1.89 percent to the total private construction cost of the region,” she added.