METRO
Taguig residential construction permit value plunges 91%
Residential projects post steep decline as overall approved construction value falls to ₱1.15 billion
TAGUIG CITY — The estimated value of approved residential construction projects in Taguig City plunged by 91.1 percent in the second quarter of 2025, according to Philippine Statistics Authority (PSA) data released on 26 October 2026.
The PSA-National Capital Region reported that the value of approved residential construction fell to approximately ₱250 million from ₱2.79 billion in the same quarter of 2024.
Despite the steep decline in project value, the number of residential building permits decreased by only 5.9 percent, from 68 to 64, indicating a substantial reduction in the combined estimated value of approved housing projects.
Overall, the estimated value of approved private building construction in Taguig dropped by 65.8 percent to ₱1.15 billion from ₱3.36 billion a year earlier.
The total number of approved building permits also declined by 16 percent, from 243 to 204.
Nonresidential construction recorded a 37.5-percent decrease in approved project value, falling from approximately ₱170 million to ₱110 million. The number of permits in this category slipped from 23 to 22.
In contrast, the estimated value of approved additions, alterations and repairs increased by 100.9 percent to approximately ₱800 million from ₱400 million in the corresponding period of 2024.
The increase came despite a decline in the number of permits issued for these activities, from 140 to 117.
Taguig accounted for 6.6 percent of approved building permits and 3.9 percent of total construction value across Metro Manila during the quarter.
The PSA figures represent the estimated value of construction projects covered by approved building permits, rather than actual construction expenditures or completed buildings.
The report did not identify the factors behind the sharp decline in residential construction values or establish whether the downward trend continued into 2026.