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 April, the average price per m² was ₱ 840.87. In May this price barely changed remaining at ₱ 828.82 per m². In the following two months the price per m² has practically remained the same, going from ₱ 834.84 to ₱ 848.16 per m². The price per m² has risen 109 % 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 ₱ 841.5 to ₱ 919.38 during August, and September.
When referring to the price in Mactan (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is ₱ 33,000. In May This price remains at ₱ 34,500. During the following two months (June, July) the price has had an average rise from ₱ 33,750 to ₱ 38,754.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of ₱ 43,900 in Mactan. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % more affordable than the average price of (₱ 968.45 / m²) in Mactan. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
With regard to the average price based on the property in Mactan we can see that the most affordable type of property is "House" at ₱ 43,900, which is 0 % cheaper than the average price. "House" has the most affordable price. This price is 0 % more affordable than the average price aforementioned.
According to the average area price by m² the most affordable property type is "House with an average cost of ₱ 968.45 / m². "House" with an average price of ₱ 968.45 / m² has the most affordable price and would be directed at less affluent cities.