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 April, the average price per m² was ₱ 489.76. In May this price barely changed remaining at ₱ 487.75 per m². In the following two months the price per m² has risen 110 %, going from ₱ 488.76 to ₱ 539.25 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 514 to ₱ 517.48 during August y September
When referring to the price in Las Piñas (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during April, is ₱ 43,178. During May the price went through a considerable rise reaching ₱ 54,649. During the following two months (June, July) the average price had a considerable fall of 84 % 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 ₱ 44,988.25 to ₱ 37,172.5, which means a 83 % 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 ₱ 38,651 they are 62 % more affordable than the average price for Las Piñas . The properties with the highest average price have 4 bedrooms, Their price is 123 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 38,605.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 302.7 / m², with an average ₱ 497.72 / 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 ₱ 566.15 / m².
The graph displaying the average rent prices displays the property type "Farm House" as the most affordable one. At an cost of ₱ 38,651 it is 46 % more affordable than the average price in Las Piñas. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "House". At a price of ₱ 75,100 it is 110 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Condominium" at an average price of ₱ 289.84 / m² followed by "Farm House" priced at ₱ 317 / m². "Townhouse" is the most expensive type of property with a ₱ 692.58 / m² value followed by "Apartment" with an average price of ₱ 506.94 / m².