The rent prices in real estate in Laguna, in the Laguna 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 Laguna has risen strongly during the last 6 months. In September, the average price per m² was ₱ 285.22. In October this price barely changed remaining at ₱ 285.22 per m². The price for the following two months in (November, December) had a considerable rise of 127 %. The price per m² has had a considerable rise of 129 % 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 ₱ 324.41 to ₱ 417 during January, and February.
When referring to the price in Laguna (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is ₱ 89,400. In October This price remains at ₱ 89,400. During the following two months (November, December) the average price had a considerable fall of 40 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 62,439.5 to ₱ 34,752.5, which means a 56 % 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 ₱ 43,835 they are 56 % more affordable than the average price for Laguna . The properties with the highest average price have 4 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 32,419.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 209 / m², with an average ₱ 351 / m² price in Laguna. The properties with the most expensive average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 267 / m².
The graph displaying the average rent prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 43,835 it is 39 % more affordable than the average price in Laguna. "Lot" is seen as the second most affordable property type. The most affordable property is "House" followed by "Lot". At a price of ₱ 26,913 it is 21 % more affordable than the average price.
According to the average cost per m², the most affordable property is "House And Lot" at an average price of ₱ 160 / m² followed by "Lot" priced at ₱ 165 / m². "House" is the most affordable type of property with a ₱ 230 / m² value followed by "Lot" with an average price of ₱ 165 / m².