The rent prices in real estate in Las Piñas, in the Metro Manila region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Las Piñas has risen during the last 6 months. In December, the average price per m² was ₱ 446.82. In January this price barely changed remaining at ₱ 451.25 per m². In the following two months the price per m² has risen 112 %, going from ₱ 449.04 to ₱ 501.32 per m². The price per m² has risen 110 % 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 ₱ 475.18 to ₱ 524.23 during April, and May.
When referring to the price in Las Piñas (cities), this has fallen considerably in the last 6 months. The average price for December is ₱ 50,312. During January the price had a considerable fall till ₱ 42,064. During the following two months (February, March) the average price fell 85 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₱ 42,820.75 and ₱ 41,735 between April and May.
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 ₱ 40,703 they are 53 % more affordable than the average price for Las Piñas . The properties with the highest average price have 4 bedrooms, Their price is 112 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 52,469.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 325.71 / m², with an average ₱ 523.66 / m² price in Las Piñas. The properties with the most expensive average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 585.37 / m².
The graph displaying the average rent prices displays the property type "Farm House" as the most affordable one. At an cost of ₱ 40,703 it is 49 % more affordable than the average price in Las Piñas. "House" is seen as the second most affordable property type. The most expensive property type is "Condominium" followed by "Townhouse". At a price of ₱ 74,120 it is 91 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Farm House" at an average price of ₱ 309 / m² followed by "Townhouse" priced at ₱ 317.93 / m². "House" is the most expensive type of property with a ₱ 666.66 / m² value followed by "Condominium" with an average price of ₱ 555.08 / m².