The rent prices in real estate in Bulacan, in the Bulacan 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 Bulacan has risen strongly during the last 6 months. In October, the average price per m² was ₱ 114. In November this price barely changed remaining at ₱ 115 per m². In the following two months the price per m² has risen 112 %, going from ₱ 114.5 to ₱ 128 per m². The price per m² has had a considerable rise of 132 % 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 ₱ 121.25 to ₱ 160.37 during February, and March.
When referring to the price in Bulacan (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is ₱ 113,976. In November This price remains at ₱ 116,493. During the following two months (December, January) the average price had a considerable rise of 199 % 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 133 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 51 % more affordable than the average price of ₱ 16,622 in Bulacan. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 51 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 10 % more affordable than the average price of (₱ 119 / m²) in Bulacan. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 10 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Lot" as the most affordable one. At an cost of ₱ 33,667 it is 76 % more affordable than the average price in Bulacan. "House" is seen as the second most affordable property type. The most affordable property is "Townhouse" followed by "Commercial Lot". At a price of ₱ 32,934 it is 2 % more affordable than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of ₱ 119 / m² followed by "Condominium" priced at ₱ 125 / m². "Townhouse" is the most expensive type of property with a ₱ 145 / m² value followed by "Commercial Lot" with an average price of ₱ 140 / m².
