The rent prices in real estate in Angeles, in the Pampanga region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Angeles has had a strong fall during the last 6 months. In April, the average price per m² was ₱ 339.74. In May this price barely changed remaining at ₱ 339.54 per m². In the following two months the price per m² has risen 106 %, going from ₱ 339.64 to ₱ 359.84 per m². The price per m² has had a considerable fall of 55 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of ₱ 349.74 to ₱ 191.08 during August, and September.
When referring to the price in Angeles (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is ₱ 56,537. In May This price remains at ₱ 56,433. In the following two months the average price has hardly changed with regard to the previous two months from ₱ 56,485 to ₱ 56,866.5. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 56,675.75 to ₱ 28,351, which means a 50 % fall.