New Multi-Family Housing Construction in Philippines Market Snapshot to 2014 by WMIntelligence

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									New Multi-Family Housing Construction in
Philippines: Market Snapshot to 2014

Reference code: WMCN9768MS
Published: May-2010




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New Multi-Family Housing Construction in Philippines: Market Snapshot to 2014                                 Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                              Page 1
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1     SECTOR OVERVIEW ............................................................................................................. 4
2     MARKET DATA ...................................................................................................................... 5
2.1     Market Value 2005-2009 ...................................................................................................................................... 5
2.2     Market Segmentation, By Project Type, 2009 ..................................................................................................... 6
2.3     Market Value Forecast, 2009-2014 ...................................................................................................................... 7
2.4     Future Market Segmentation, By Project Type, 2009-2014................................................................................. 8
3     APPENDIX .............................................................................................................................. 9
3.1     Research Methodology ........................................................................................................................................ 9
3.2     Definitions ............................................................................................................................................................ 9
      3.2.1     Additional Notes ........................................................................................................................................ 10
3.3     About World Market Intelligence ........................................................................................................................ 10




New Multi-Family Housing Construction in Philippines: Market Snapshot to 2014                                                                          Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                                                Page 2
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List of Tables

Table 1: New Multi-Family Housing Construction in Philippines, Market Value - US$ Million, 2005-2009.......................... 5

Table 2: New Multi-Family Housing Construction in Philippines, Market Segmentation by Project Type, US$ Million,
2009 ...................................................................................................................................................................................... 6

Table 3: New Multi-Family Housing Construction in Philippines, Market Forecast - US$ Million, 2009-2014 ..................... 7

Table 4: New Multi-Family Housing Construction in Philippines, Market Segmentation by Project, US$ Million, 2014 ...... 8



List of Figures

Figure 1: New Multi-Family Housing Construction in Philippines, Market Value - US$ Million, 2005-2009 ........................ 5

Figure 2: New Multi-Family Housing Construction in Philippines, Market Segmentation by Project Type, % Share, 2009 6

Figure 3: New Multi-Family Housing Construction in Philippines, Market Forecast - US$ Million, 2009-2014.................... 7

Figure 4: New Multi-Family Housing Construction in Philippines, Market Segmentation by Project, % Share, 2014 ......... 8




New Multi-Family Housing Construction in Philippines: Market Snapshot to 2014                                                                               Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                                                      Page 3
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1 SECTOR OVERVIEW
Following expansion at a compound annual growth rate of 12.66% between 2005-2009, the new multi-family housing
construction sector in Philippines reached a value of US$384.43 million in 2009, which represented an increase of
5.39% on 2008. The market achieved its strongest performance in 2008 when it expanded by 30.49% and its weakest
performance in 2007, when it grew by 1.49%.

In comparison, the fastest growing construction sector of the residential construction market between 2005-2009 was
single-family housing which achieved a CAGR of 13.87%. The new multi-family housing construction sector was the
weakest in the residential construction market between 2005-2009 and achieved a CAGR of 12.66%.

By 2009, the new multi-family housing accounted for 22.76% of the residential construction. In comparison, single-family
housing represented 70.17% while residential building redevelopment generated a further 7.07% of the market's 2009
share.


Looking ahead, the new multi-family housing market is expected to expand at a CAGR of 8.30% between 2009-2014,
reaching a value of US$ 572.74 million in 2014. This represents total growth of 140.01% since 2005 and 48.98% since
2009.

The new multi-family housing construction sector is expected to be the fastest growing in the residential construction
market between 2009-2014 and achieve a CAGR of 8.30% The weakest performer is forecast to be residential building
redevelopment, which is only expected to achieve a CAGR of 6.25%.

By 2014, the new multi-family housing is forecast to account for 22.91% of the residential construction. In comparison,
single-family housing is predicted to account for 70.63%, while residential building redevelopment is expected to
generate a further 6.47% of the market's 2014 share.




New Multi-Family Housing Construction in Philippines: Market Snapshot to 2014                                 Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                              Page 4
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2 MARKET DATA
2.1 Market Value 2005-2009

New multi-family housing sector in Philippines was valued at US$ 384.43 million in 2009; an increase of 5.39% on 2008.
The sector achieved a CAGR of 12.66%.


Table 1: New Multi-Family Housing Construction in Philippines, Market Value - US$ Million, 2005-2009

Year                                                                                            US$ Million                                  % Growth
2005                                                                                                238.63
2006                                                                                                275.43                                     15.42%
2007                                                                                                279.53                                      1.49%
2008                                                                         
								
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