Current Housing Needs, Demand and Supply
PHILIPPINE
PERSPECTIVE
ON
HOUSING
PHILIPPINE
HOUSING
HOUSING BACKLOG = 3.9 M
HIGHEST HOUSING DEMAND = ECONOMIC HOUSING
3, 164 PLAYERS (2011)
SUBDIVISION AND HOUSING DEVELOPERS’
ASSOCIATION (SHDA)
HOUSING NEED
- Housing units required in the housing market area to accommodate household growth,
homeless people and households that are substandard
HOUSING DEMAND
- Total number of households in a defined housing market area that would potentially move into
the proposed new or renovated housing units
HOUSING SUPPLY
- Quantity of housing units available to households or consumers at a given period and a given
price level
HOUSING
DEFICIT
HOUSING
SURPLUS
- Occurs when housing
demand is greater than
housing supply
- Occurs when housing
supply is greater than
housing demand
HOUSING
BACKLOG
- Occurs following an
accumulation of housing
deficits
HOUSING CATEGORIES UNDER HOUSING
AND URBAN DEVELOPMENT AND
COORDINATING COUNCIL (HUDCC)
SOCIALIZED
HOUSING
ECONOMIC
HOUSING
for projects costing P450,000
and below
covers the price range starting
from P450,000 but not
exceeding P1.7 million
LOW-COST
HOUSING
units sold for more than P1.7
million but less than P3 million
Data Source: Subdivision & Housing Developers Association, Inc.
GOVERNMENT’S
HELP TO SOLVE
HOUSING PROBLEMS
HOUSING AND URBAN
DEVELOPMENT COORDINATING
COUNCIL
- Created thru Executive Order No. 90, is the highest policy making and coordinating office on
shelter
- An umbrella organization which consists of heads of four housing agencies
HUDCC
1) NHA (National Housing Authority)
- Sole government agency to engage in shelter production, focusing its efforts to provide to
homeless, low-income Filipino families
2) Pag-IBIG Fund
- To provide its members with adequate housing through an effective savings scheme,
Pag-IBIG Fund harnesses these four sectors of Philippine society: financial institutions, the
industrial sector, the government, and the Filipino people
HUDCC
3) HLURB (Housing and Land Use Regulatory Board)
- National government agency tasked as the planning, regulatory and quasi-judicial body
for land use development and real estate and housing regulation
4) HGC (Home Guaranty Corporation)
- Focuses on promoting home ownership to middle and low-income families