Updated 2026-09-15

Construction Costs

Retail Construction Cost Planning: Iligan City, Philippines

Iligan City 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 1711082). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

Direct answer

For early retail construction cost planning in Iligan City, 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 Iligan City 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 Iligan City market basket or current retail tenders. GeoNames 1711082 records the locality at 8.2500, 124.4000, with snapshot population 312,323. That ranks Iligan City 40 of 50 listed places, while Iligan is the nearest listed peer at about 17 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 Iligan City costs 0.493 times a current world rate.

Which Iligan City inputs are known?

The reproducible locality point is 8.2500, 124.4000 (GeoNames 1711082). Its snapshot population is 312,323, ranked 40 of 50 listed places; GeoNames classifies it as a populated place in administrative area 12. These facts shape the local comparable search, not the price.

What must a project estimate add?

For a Iligan City 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 fieldScreening recordProject requirement
National contextICP 2021 PLI 49.3Retain only as dated cross-country context
Local PHP/m² rateNot suppliedCurrent comparable with named source and base date
Area and scopeGross floor area; scope unresolvedMeasurement standard, specification and procurement route
AdditionsNot suppliedTaxes, fees, site work, contingency and escalation
ReviewAutomated source and arithmetic QAQualified local cost review

Iligan City 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 placeGreat-circle km from Iligan CitySnapshot populationAdmin area
Iligan17342,61810
Mantampay22265,03210
Cagayan de Oro38741,61710
Cotabato115383,38314
Budta1161,273,71514
Butuan148309,70913
Cabuyao759308,74540
San Pablo729300,16640

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.

InputRecorded valueRelease condition
Target national PLI49.3 (World = 100, 2021)Screening context only
Reference construction PLI PUser-supplied from the same ICP classification/yearMust match reference rate country
Validated reference rate RUser-suppliedNamed source, currency, date, area and scope
Local Iligan City adjustmentNot assertedReplace with current local comparable evidence
Result statusScreening normalizationNot 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 1711082). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

Frequently asked questions

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

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 Iligan City PHP/m² rate, escalation index, quote or tender estimate.

How should a Iligan City retail estimate replace this screening benchmark?

Collect current Iligan City 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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