How to Budget for Your Dream Home: 

2023 Construction Costs in the Philippines 

• Bare: If you're looking to start with the basics, the estimated cost is PHP 25,000 per square meter. This category is suitable for a home with minimal finishes and basic amenities, serving as a starting point for your construction budget.

• Standard: Priced at PHP 35,000 per square meter, the "Standard" category offers higher-quality finishes and standard amenities that are commonly preferred by homeowners.

• Luxury: If you desire a more upscale and luxurious home, the "Luxury" category might be for you. It costs around PHP 45,000 per square meter and includes premium finishes and luxurious features.

• Iconic: For those who want the very best, the "Iconic" category represents the most prestigious option. These homes come with top-of-the-line finishes, unique architectural designs, and exclusive features, priced at around PHP 65,000 per square meter.

It's important to note that these figures are minimum estimates and may vary based on factors such as material quality, material source, and construction location.

For precise budgeting and the successful realization of your dream home, it is highly recommended to consult a professional. Architects and construction experts can provide tailored advice, navigate construction complexities, and offer a detailed breakdown of costs based on your preferences and requirements.

Credits to the architect for providing this valuable information. 

Best of luck with your planning and building journey!

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