Property prices for rent in Mactan (Cebu)

The rent prices in real estate in Mactan, in the Cebu region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

₱ 34,218.4
Average price last 6 months
₱ 831.08
Price/m² last 6 months
Average price per m2

The price per m² in Mactan has had a strong fall during the last 6 months. In February, the average price per m² was ₱ 825.54. In March this price barely changed remaining at ₱ 834.13 per m². In the following two months the price per m² has practically remained the same, going from ₱ 829.84 to ₱ 834.84 per m². The price per m² has had a considerable fall of 50 % 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 ₱ 832.34 to ₱ 413.01 during June, and July.

Average price

When referring to the price in Mactan (cities), this has fallen considerably in the last 6 months. The average price for February is ₱ 35,333. During March the price had a slight fall till ₱ 33,350. In the following two months the average price has hardly changed with regard to the previous two months from ₱ 34,341.5 to ₱ 33,750. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 34,045.75 to ₱ 17,454.5, which means a 51 % fall.

Charts data
Average price July
Average price per m² July
Number of properties used in Mactan
Number of properties used in region Cebu
No data
No data
120
15,820
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value