All Posts

Recent geopolitical developments have introduced new uncertainties into the outlook for construction costs. Escalating tensions involving the US, Israel, Iran, and neighboring states, have led to a surge in global oil prices and increased volatility in shipping and logistics markets. The potential disruption of key maritime routes most notably the Strait of Hormuz, through which a significant portion of global oil supply is transported, has raised concerns regarding fuel cost

The Philippine construction industry is at an inflection point on sustainability. Rising energy costs, tightening regulations, ESG-driven demand from multinational tenants, and the country's acute exposure to climate risk are all converging to make green building not just desirable but strategically necessary. Yet the landscape remains complex. Developers, asset owners, and construction professionals regularly encounter confusion about what the Philippine Green Building Code

Developers lose more value to bad handoffs than to bad construction. A building can be delivered on time and on budget and still bleed money within its first two years of operation, usually because facilities management and property management were never properly separated or coordinated. The two terms get used interchangeably across the Philippine market, but they are not the same job, and knowing the difference is often the first thing an owner needs to sort out before eval

Construction consulting has become one of the more consequential decisions a developer or investor makes before breaking ground, because the gap between a well-managed project and a poorly managed one usually shows up in cost overruns, delayed handovers, and operational problems that surface years after completion. This guide covers what construction consulting actually involves, what services fall under it, and what to look for when evaluating a consultancy in the Philippine

Published by Hearn & Hearn Consulting 6th Floor, King's Court 1, 2129 Chino Roces Avenue, Makati City, 1230, Philippines theteam@hhconsulting.com.ph | +63 915 670 4357 | www.hhconsulting.com.ph Data source: Hearn & Hearn Consulting Philippine Construction Cost Database, Q1 2026. Figures are averages based on lump sum fixed price competitive tenders across the Philippine market. Last updated: Q1 202. How to Read This Data All costs are in Philippine Pesos per square meter (PHP

Reflections from Hearn & Hearn Consulting on four decades of combined professional practice, ethical leadership, and the value of the RICS in an evolving market. The Philippine construction industry is at a pivotal moment. With recent reports of corruption in government infrastructure projects and numerous contractual claims between project stakeholders, the market has never had a greater need for professionals who operate to clearly defined international standards. In this e

A construction project can look perfectly planned on paper approved design, signed contracts, ready workforce and still run over budget before the first column is poured. In the Philippines, where project costs are increasingly shaped by market volatility, complex procurement structures, and layered contractor relationships, the difference between a well-controlled project and a costly one often comes down to one decision made before construction begins: appointing a quantity

Hearn & Hearn Consulting Executive Director Michael Hearn joined Colliers Philippines as a guest panelist at the Q1 2026 Philippine Property Market Briefing, a timely industry discussion on the trends shaping the Philippine real estate and construction sectors. Hosted by Colliers Philippines, the briefing brought together property stakeholders, industry leaders, and market specialists to examine current market conditions, investment considerations, and the evolving cost and d

Hearn & Hearn Consulting partnered with Rise Against Hunger Philippines for a community outreach initiative held in Brgy. Buting, Pasig City, supporting a mobile kitchen programme that provided meals to 500 individuals. Held on 29 April, the activity brought members of the Hearn & Hearn Consulting team together in support of a feeding initiative focused on community service, partnership, and meaningful local impact. Through the programme, the team helped support meal preparat