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 HOUSING
DEFICIT SURPLUS
- Occurs when housing - Occurs when housing
demand is greater than HOUSING supply is greater than
housing supply housing demand

BACKLOG
- Occurs following an
accumulation of housing
deficits
HOUSING CATEGORIES UNDER HOUSING
AND URBAN DEVELOPMENT AND
COORDINATING COUNCIL (HUDCC)

SOCIALIZED for projects costing P450,000

HOUSING and below
LOW-COST
HOUSING
units sold for more than P1.7
covers the price range starting million but less than P3 million
ECONOMIC
from P450,000 but not
HOUSING exceeding P1.7 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