The rent prices in real estate in Las Piñas, in the Metro Manila region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Las Piñas has barely changed in the last 6 months. In July, the average price per m² was ₱ 504.92. In the following month the price per m² rose to ₱ 537.25. In the following two months the price per m² has practically remained the same, going from ₱ 521.09 to ₱ 516.42 per m². The price per m² has fallen 91 % 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 ₱ 518.76 to ₱ 472.97 during November, and December.
When referring to the price in Las Piñas (cities), this has risen considerably in the last 6 months. The rent price in July is ₱ 32,716, rising in August till ₱ 35,694. During the following two months (September, October) the average price had a considerable rise of 125 % 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 130 % during the last two months.
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 ₱ 50,312 they are 66 % more affordable than the average price for Las Piñas . The properties with the highest average price have 4 bedrooms, Their price is 108 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 49,455.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 305.57 / m², with an average ₱ 446.82 / m² price in Las Piñas. The properties with the most expensive average prices have 1 bedroom. They are 42 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 537.33 / m².
The graph displaying the average rent prices displays the property type "Farm House" as the most affordable one. At an cost of ₱ 50,312 it is 59 % 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 "Condominium". At a price of ₱ 86,238 it is 77 % 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 ₱ 314 / m² followed by "House" priced at ₱ 320.83 / m². "Townhouse" is the most expensive type of property with a ₱ 671.2 / m² value followed by "Condominium" with an average price of ₱ 354.17 / m².