Of the 5.62 million households comprising the unserved segment in 2018, a little over 55.0% or 3.1 million households are estimated to belong to the [Owner Driven Construction (ODC)] segment.
Assuming a stable annual household population growth, the ODC segment is projected to hit close to 3.3 million by 2022.
In terms of the distribution of the ODC, the top three (3) regions where the ODCs are found as of 2018 are Regions VII, and XII and IVA (tied), accounting for 9.74% and 8.37%, respectively (see Table 7).
Similar to the distribution of the unserved segments, ODCs are lowest in NCR and CAR.
The estimated percentage share of ODC households in each NCR city and their corresponding ODC ratio is in Annex 8 while an estimate of the ODC segment per city in NCR is in Annex 9. Overall, these ODCs are also concentrated in the same areas where affordability and rapid urbanization are primary concerns.
The publicly available study “Clearing the Housing Backlog: An Updated Supply and Demand Study on Unserved Owner-Driven Construction Segment in the Philippines” by CRC infrastructure and industry consultants Dr. Winston Conrad B. Padojinog and Erica Myra P. Yap discusses the market characteristics of the Owner Driven Construction (ODC) segment of the Philippine housing market – a market segment that enjoys property rights, but whose incomes are ‘below thresholds of lending terms set by financial institutions.’
The study was commissioned by Habitat for Humanity’s Terwilliger Center for Innovation in Shelter.
Assuming a stable annual household population growth, the [Owner Driven Construction (ODC)] segment is projected to hit close to 3.3 million by 2022.
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