The rent prices in real estate in Laguna, in the Laguna region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Laguna has fallen during the last 6 months. In September, the average price per m² was ₱ 272.78. In October this price barely changed remaining at ₱ 277.68 per m². The price for the following two months in (November, December) fell 86 % with regard to the previous two months. The price per m² has fallen 94 % 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 ₱ 256.01 to ₱ 239.4 during January, and February.
When referring to the price in Laguna (cities), there have hardly been any changes in the last 6 months. The rent price in September is ₱ 32,126, rising in October till ₱ 36,495. During the following two months (November, December) the price has had an average rise from ₱ 34,310.5 to ₱ 36,278.5. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 35,294.5 to ₱ 26,157.5, which means a 74 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of ₱ 23,848 they are 63 % more affordable than the average price for Laguna . The properties with the highest average price have 4 bedrooms, Their price is 133 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 25,688.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 186.65 / m², with an average ₱ 258.82 / m² price in Laguna. The properties with the most expensive average prices have 1 bedroom. They are 50 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 341.36 / m².
The graph displaying the average rent prices displays the property type "Lot" as the most expensive one. At an cost of ₱ 23,848 it is 19 % more expensive than the average price in Laguna. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Lot". At a price of ₱ 28,438 it is 20 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Lot" at an average price of ₱ 219 / m² followed by "House" priced at ₱ 262 / m². "House" is the most expensive type of property with a ₱ 262 / m² value followed by "Lot" with an average price of ₱ 219 / m².