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Release Date :
Reference Number :
47R12-SR-2022-15

For the third quarter of 2021, the number of constructions based on approved building permits in Cotabato Province was 425. This represents a 43.09 percent yearly increase over the total number of constructions in the same quarter of 2020, and a 25.7 percent increase over the AGR of 17.39 percent

Residential structures accounted for 58% (58.12%) or 247 of the total constructions during the quarter. It climbed by 63.58 percent from total residential constructions in the same quarter of 2020, outpacing the yearly growth rate of 20.80 percent. The majority of the total residential structures (74.68 percent) were single-type houses

Non-residential constructions came in second, accounting for 29.88 percent of all constructions during the quarter. It increased by 36.56 percent when compared to the same period the prior year. Commercial buildings accounted for 58.27 percent of all non-residential structures.