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5 Interesting Facts Cheap Materials For Building A House Philippines | Building A Cheap House In The Philippines
- Although the annual increase of the Construction Materials Wholesale Price Index (CMWPI) in NCR in 2022 eased to 8.7% in July from 8.9% in June, the price of construction materials is higher now because of the higher cost of fuels and lubricants.[4] - Source: Internet
- Other construction materials with the highest increases include electrical works at 8.6%, plumbing fixtures/waterworks/accessories at 7.1%, and hardware at 5.2%. - Source: Internet
- Consider these soaring prices for materials when you set a budget for your house construction. In this economic climate, you may still do more with less through value engineering, which is a systematic and organized approach to providing necessary functions in a project at the lowest cost.[5] - Source: Internet
- You should also consider house design fees when making a budget for building your home. The United Architects of the Philippines (UAP) recommends a professional fee[6] equivalent to 10% of the house construction cost. This architectural and engineering design service rate applies to single-detached homes, duplexes, row houses, townhouses, and small apartments. - Source: Internet
- Building a house outside NCR will be cheaper than constructing a house in Metro Manila or other cities close to business and entertainment districts. Construction costs will be lower, especially if the materials are available and accessible in your area. It will add to your construction costs if you still have to source them from the metro. - Source: Internet
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