The rent prices in real estate in Mabalacat, in the Pampanga 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 Mabalacat has fallen during the last 6 months. In April, the average price per m² was ₱ 365.53. In May this price barely changed remaining at ₱ 362.87 per m². In the following two months the price per m² has practically remained the same, going from ₱ 364.2 to ₱ 371.7 per m². The price per m² has had a considerable fall of 65 % 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 ₱ 367.95 to ₱ 239.02 during August, and September.
When referring to the price in Mabalacat (cities), this has risen considerably in the last 6 months. The rent price in April is ₱ 27,698, rising in May till ₱ 29,242. During the following two months (June, July) the average price had a considerable rise of 150 % 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 ₱ 35,535.25 to ₱ 23,141, which means a 65 % fall.