Retail Construction Cost Planning: Butuan, Philippines

Butuan retail cost planning using the World Bank ICP 2021 national construction price-level index of 49.3, plus a GeoNames-based local comparable-search shortlist.

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Last updated September 15, 2026 · National screening observation from the [World Bank ICP 2021 API](https://api.worldbank.org/v2/sources/90/country/PHL/classification/PX.WL/series/1501200/time/YR2021/data?format=json) and [ICP data documentation](https://www.worldbank.org/en/programs/icp/data); locality and population from the [GeoNames PH dump](https://download.geonames.org/export/dump/PH.zip) (CC BY 4.0 snapshot 2026-08-26, GeoNames ID 1722186). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

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Direct answer

For early retail construction cost planning in Butuan, the World Bank ICP reports a 2021 Philippines construction price-level index of 49.3, with the world equal to 100. This is a national comparison—not a Butuan PHP/m² rate or tender estimate—so replace it with current local evidence before budgeting or procurement. The observation covers construction across Philippines in 2021; it does not measure a Butuan market basket or current retail tenders. GeoNames 1722186 records the locality at 8.9492, 125.5436, with snapshot population 309,709. That ranks Butuan 41 of 50 listed places, while Cagayan de Oro is the nearest listed peer at about 111 km. Use these facts only to plan the comparable search. Obtain current local rates on a consistent area basis, then reconcile scope, taxes, fees, contingency and escalation. Retain the source, base date and reviewer when local evidence replaces the screening ratio.

Content and cited inputs reviewed by Scott Barrington, Harth founder and architectural technology specialist · Published 2026-08-26 · Updated 2026-09-15.

What does the 49.3 construction index mean?

The World Bank ICP 2021 construction PLI for Philippines is 49.3, compared with a world benchmark of 100. It is a national spatial price comparison assembled for the 2021 reference year. It does not say that retail work in Butuan costs 0.493 times a current world rate.

Which Butuan inputs are known?

The reproducible locality point is 8.9492, 125.5436 (GeoNames 1722186). Its snapshot population is 309,709, ranked 41 of 50 listed places; GeoNames classifies it as a first-order administrative seat in administrative area 13. These facts shape the local comparable search, not the price.

What must a project estimate add?

For a Butuan retail project, reconcile shell condition, tenant fit-out, servicing, trading constraints and landlord works. Use a consistent gross-floor-area basis and record the following before reliance.

Estimate field	Screening record	Project requirement
National context	ICP 2021 PLI 49.3	Retain only as dated cross-country context
Local PHP/m² rate	Not supplied	Current comparable with named source and base date
Area and scope	Gross floor area; scope unresolved	Measurement standard, specification and procurement route
Additions	Not supplied	Taxes, fees, site work, contingency and escalation
Review	Automated source and arithmetic QA	Qualified local cost review

Butuan comparable-location search screen

This shortlist is computed from the checked GeoNames snapshot. Distance and population help prioritize where to request comparables; neither is used as a cost multiplier.

Listed place	Great-circle km from Butuan	Snapshot population	Admin area
Cagayan de Oro	111	741,617	10
Iligan City	148	312,323	12
Iligan	164	342,618	10
Mantampay	170	265,032	10
Davao	209	1,848,947	11
Cabuyao	763	308,745	40
San Pablo	731	300,166	40
Biñan	772	300,000	40

Price-level normalization worksheet

For a validated reference rate R from a country with construction PLI P, the transparent screening calculation is R × (49.3 ÷ P). At P = 100 the dimensionless ratio is 0.493; no world cost rate is asserted. Keep the reference rate's currency, base date, area basis and scope attached.

Input	Recorded value	Release condition
Target national PLI	49.3 (World = 100, 2021)	Screening context only
Reference construction PLI P	User-supplied from the same ICP classification/year	Must match reference rate country
Validated reference rate R	User-supplied	Named source, currency, date, area and scope
Local Butuan adjustment	Not asserted	Replace with current local comparable evidence
Result status	Screening normalization	Not a budget, quote or tender estimate

Sources and method

National screening observation from the World Bank ICP 2021 API and ICP data documentation; locality and population from the GeoNames PH dump (CC BY 4.0 snapshot 2026-08-26, GeoNames ID 1722186). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

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Frequently asked questions

Does the 49.3 index give a retail cost per m² for Butuan?

No. 49.3 is the World Bank ICP 2021 national construction price-level index for Philippines, with the world equal to 100. It is a cross-country screening statistic, not a Butuan PHP/m² rate, escalation index, quote or tender estimate.

How should a Butuan retail estimate replace this screening benchmark?

Collect current Butuan comparables on a consistent gross-floor-area basis, reconcile shell condition, tenant fit-out, servicing, trading constraints and landlord works, and state base date, currency, taxes, fees, site work, contingency and escalation. A qualified local cost professional should review the resulting project estimate.

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