Construction Cost in Bicol Region (2026)

3 provinces — 6 cities covered

Regional Overview

• PSA Average Cost: ₱13,600/sqm
• Building Permits (monthly): 153
• Regional Multiplier: 0.92x

Bicol Region construction is growing steadily with costs 8% below national average.

Construction Cost Per SQM in Bicol Region

• Economic: ₱20,240 – ₱27,324/sqm
• Standard: ₱32,200 – ₱43,470/sqm
• Premium: ₱50,600 – ₱68,310/sqm

Provinces in Bicol Region

Camarines Sur — ₱32,200/sqm standard

2 cities. Camarines Sur has Bicol's most active construction market anchored by Naga.

• Naga — ₱32,200/sqm
• Iriga — ₱30,800/sqm

Albay — ₱32,200/sqm standard

3 cities. Albay's construction is centered around Legazpi with growing residential demand.

• Legazpi — ₱32,200/sqm
• Tabaco — ₱30,800/sqm
• Ligao — ₱30,800/sqm

Sorsogon — ₱30,800/sqm standard

1 cities. Sorsogon has affordable construction in Bicol's southern tip.

• Sorsogon City — ₱29,750/sqm

Compare With Other Regions

• Metro Manila (NCR) — ₱43,750/sqm standard
• CALABARZON — ₱38,500/sqm standard
• Central Luzon — ₱36,750/sqm standard
• Western Visayas — ₱33,250/sqm standard
• Central Visayas — ₱35,000/sqm standard

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Frequently Asked Questions

How much does it cost to build a house in Bicol Region?

In 2026, construction costs in Bicol Region range from ₱20,240/sqm (economic) to ₱68,310/sqm (premium). A standard 100 sqm house costs approximately ₱3,220,000.

Is Bicol Region cheaper than Metro Manila for construction?

Yes, Bicol Region is 26% cheaper than Metro Manila. The regional multiplier is 0.92x vs Manila's 1.25x.

How many cities are covered in Bicol Region?

We cover 6 cities across 3 provinces in Bicol Region, with updated 2026 pricing for each location.

What is the PSA average construction cost in Bicol Region?

The PSA recorded an average of ₱13,600/sqm for Bicol Region in January 2025, based on 153 building permits. A livable standard-finish home costs 2-3x this baseline.

Material Prices for Your Build

• Cement Prices
• Rebar Prices
• Plywood Prices
• Lumber Prices
• Hollow Blocks Prices
• Metal Roofing Prices
• Tiles Prices
• Sand & Gravel Prices

Bicol Region construction is growing steadily with costs 8% below national average. With 6 cities across 3 provinces, Bicol Region offers diverse construction options for every budget. The PSA recorded 153 building permits in January 2025 with an average cost of ₱13,600/sqm.

Use our free Construction Cost Calculator for an estimate specific to your city, or audit your contractor's quote against current Bicol Region market rates.

Sources: DPWH CMPD Q1-Q2 2025 (Department Order 125 s.2025), PSA CMRPI 2026, regional supplier surveys.