300,000 Pesos House

allan8888

Member

Member since 19 May 2018

allan8888

19 May 2018 15:53:47

allan8888

19 May 2018 15:53:47

Hi, just want to ask if 300k Php is enough to build a 2 storey house in manila?

Jay_09

Member

Member since 09 June 2018

Mandaluyong, Metro Manila

Jay_09

10 June 2018 03:43:38

Jay_09

10 June 2018 03:43:38

Mandaluyong, Metro Manila

Hello

Depending on the kind of house and location.

300,000.00 won't be enough to buy a house in Manila.

A 30Sqm Condo unit would cost you aroung 2 - 4 Million depending on the location.

Hope it helps

Bob604

Contributor

Member since 28 July 2017

Makati City, Metro Manila

Bob604

11 June 2018 03:23:04

108

Bob604

11 June 2018 03:23:04

108

Makati City, Metro Manila

At the moment. I am visiting here on Panglao Island (Bohol) . An American friend of mine and his girlfriend have just recently moved into a new 3 bedroom 2 story house in a sub division here. The cost for him was 5 million pesos and still some little fix ups required .

FilAmericanMom

Philippines Expert

Member since 19 May 2011

FilAmericanMom

13 June 2018 06:45:33

860

FilAmericanMom

13 June 2018 06:45:33

860

No. PhP300,000 would not be enough to build a house in Manila.

To legally build a house, you have to secure a building permit, which means you have to have an architect draw up a plan, which then has to be submitted to city hall. That alone would cost you 70.000 or more.

So that will leave you with around 230,000, which would not be enough for the materials for building the structure (posts, 1st and 2md flooring, CHB outer shell and roof) of a 2-story house.

Consult with an architect or general contractor as to the cost of building a house. The building plans also have a bill of materials, which would have an estimate of the cost of building the house.

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