The rent prices in real estate in Batangas City, in the Batangas region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Batangas City has risen strongly during the last 6 months. In September, the average price per m² was ₱ 361. In October this price barely changed remaining at ₱ 346 per m². The price for the following two months in (November, December) had a considerable rise of 121 %. The price per m² has had a considerable rise of 142 % 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 ₱ 391.5 to ₱ 554 during January, and February.
When referring to the price in Batangas City (cities), this has risen considerably in the last 6 months. The average price for September is ₱ 56,080. During October the price had a slight fall till ₱ 51,838. During the following two months (November, December) the average price had a considerable rise of 124 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 144 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of ₱ 91,632 they are 78 % more affordable than the average price for Batangas City . The properties with the lowest average price have 1 bedroom, Their price is 78 % more affordable than the average. After that we have properties with 4 bedrooms priced at ₱ 20,272.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 213 / m², with an average ₱ 579 / m² price in Batangas City. The properties with the most affordable average prices have 1 bedroom. They are 62 % more affordable than the average followed by properties with 4 bedrooms with a price at ₱ 213 / m².
The graph displaying the average rent prices displays the property type "Farm House" as the most affordable one. At an cost of ₱ 91,632 it is 78 % more affordable than the average price in Batangas City. "House" is seen as the second most affordable property type. The most affordable property is "Lot" followed by "House". At a price of ₱ 20,062 it is 78 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Farm House" at an average price of ₱ 198 / m² followed by "House" priced at ₱ 203 / m². "Lot" is the most affordable type of property with a ₱ 213 / m² value followed by "House" with an average price of ₱ 203 / m².