<p>The present invention relates to a formwork supporting system (100) comprising of supporting means (90) to support the formwork and a plurality of pivotable props (95) mountable to the underneath of the formwork for convenient transportation of the supported formwork. The supporting means (90) is comprised of a support frame (10); a height-adjustable member mounted on the support frame (10); height-adjusting means and transporting means disposed at the bottom of the support frame (10). The pivotable props (95) each comprise of an upper prop (20), a lower prop (25), and a connector (30) detachably mounted between the upper prop (20) and the lower prop (25). The pivotable props (95) mounted at the corner of the formwork further comprises transporting means mounted to the connector (30). The formwork supporting system (100) is provided to facilitate transportation of a formwork prior and after a construction, capable of elevating and lowering the position of the formwork and to provide support to a formwork if required.</p>