Cost of Building a Three-Story Residential Building with a Multifunctional Rooftop in the Philippines

Modern three-story residential building with a multifunctional rooftop and convenience store in the Philippines by JMG Construction
A contemporary three-story residential building in the Philippines featuring a multifunctional rooftop and a ground-floor convenience store, designed and constructed by JMG Construction.

How Much Does It Cost to Build a Three-Story Residential Building in the Philippines?

Are you considering building a modern three-story residential building with a multifunctional rooftop and a convenience store on the ground floor? Here's a comprehensive estimate based on typical costs in the Philippines to help you plan your dream project:

1. Lot and Site Preparation

Estimated Cost: PHP 150,000 - PHP 300,000

  • Site clearing, excavation, and leveling to prepare the lot for construction.

2. Foundation

Estimated Cost: PHP 600,000 - PHP 900,000

  • Reinforced concrete footing and slab work, including materials and labor.

3. Structural Framework

Estimated Cost: PHP 1,200,000 - PHP 1,800,000

  • Construction of columns, beams, roof trusses, and roofing materials.

4. Masonry and Walls

Estimated Cost: PHP 800,000 - PHP 1,200,000

  • Concrete Hollow Blocks (CHB) for all walls, plastering, and finishing.

5. Roofing and Rooftop Setup

Estimated Cost: PHP 500,000 - PHP 700,000

  • Installation of roofing materials and designing the multifunctional rooftop.

6. Electrical and Plumbing

Estimated Cost: PHP 300,000 - PHP 500,000

  • Complete electrical wiring and plumbing installation for all floors.

7. Windows and Doors

Estimated Cost: PHP 400,000 - PHP 600,000

  • Aluminum-framed windows, wooden or metal doors, and balcony doors.

8. Finishes

Estimated Cost: PHP 800,000 - PHP 1,200,000

  • Flooring, wall finishes, ceiling work, and balcony railings.

9. Interior Fixtures

Estimated Cost: PHP 500,000 - PHP 800,000

  • Custom cabinets, lighting fixtures, kitchen, and dining area setup.

10. Ground Floor Convenience Store Setup

Estimated Cost: PHP 300,000 - PHP 500,000

  • Storefront design, shelving units, refrigeration, and signage.

11. Exterior Works

Estimated Cost: PHP 400,000 - PHP 600,000

  • Driveway, parking space, landscaping, and perimeter fencing.

12. Special Features

Estimated Cost: PHP 400,000 - PHP 600,000

  • Rooftop setup with outdoor seating, plants, and balconies with railings.

13. Contingencies and Miscellaneous

Estimated Cost: PHP 300,000 - PHP 500,000

  • Includes permits, fees, and a 10% contingency fund for unexpected costs.

Total Estimated Cost:

Low-End Estimate: PHP 6,500,000

High-End Estimate: PHP 9,700,000

These estimates provide a clear overview of the costs involved in building a three-story residential building with a multifunctional rooftop and a convenience store on the ground floor. Costs may vary depending on your chosen materials, labor rates, and specific design requirements.

For more insights and detailed guidance on your construction projects, check out these helpful resources:

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Let JMG Construction & General Merchandise turn your vision into reality. Contact us today for a personalized consultation and start your journey towards building the perfect home in Cagayan de Oro City!

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Call Us: +63 999 619 6855

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