The rent prices in real estate in Mactan, in the Cebu 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 Mactan has barely changed in the last 6 months. In September, the average price per m² was ₱ 968.45. In October this price barely changed remaining at ₱ 980.7 per m². In the following two months the price per m² has risen 107 %, going from ₱ 974.58 to ₱ 1,044.12 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 ₱ 1,009.35 to ₱ 1,002.7 during January y February
When referring to the price in Mactan (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is ₱ 43,900. In October This price remains at ₱ 44,813. During the following two months (November, December) the price has had an average rise from ₱ 44,356.5 to ₱ 46,706.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from ₱ 45,531.5 to ₱ 43,185 in January and February.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of ₱ 42,250 they are 4 % more expensive than the average price for Mactan. Following this ranking we find those properties with 1 at an average price of ₱ 47,778. The properties with the highest average price have 1 bedroom, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at ₱ 44,075.
With regard to the average price per m², those properties with 1 bedroom are the most affordable ones at a cost of ₱ 945.1 / m², with an average ₱ 983.14 / m² price in Mactan. The properties with the most expensive average prices have 2 bedrooms. They are 4 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 945.1 / m².
With regard to the average price based on the property in Mactan we can see that the least affordable type of property is "House" at ₱ 44,075, which is 4 % more expensive than the average price. "House" has the most expensive price. This price is 4 % more expensive than the average price aforementioned.
According to the average area price by m² the most expensive property type is "House with an average cost of ₱ 1,021 / m². "House" at an average price of ₱ 1,021 / m² has the highest price and would be directed at more affluent cities.