The rent prices in real estate in Mandaluyong, 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 Mandaluyong has barely changed in the last 6 months. In December, the average price per m² was ₱ 752.45. In January this price barely changed remaining at ₱ 748.27 per m². In the following two months the price per m² has practically remained the same, going from ₱ 750.36 to ₱ 762.07 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 ₱ 756.21 to ₱ 780.97 during April y May
When referring to the price in Mandaluyong (cities), this has fallen considerably in the last 6 months. The average price for December is ₱ 38,759. During January the price had a considerable fall till ₱ 32,430. During the following two months (February, March) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from ₱ 33,833.25 to ₱ 31,857.5 in April and May.
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 ₱ 34,044 they are 12 % more affordable than the average price for Mandaluyong . The properties with the highest average price have 4 bedrooms, Their price is 183 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 85,000.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 327.08 / m², with an average ₱ 824.2 / m² price in Mandaluyong. The properties with the most expensive average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 813.96 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 34,044 it is 27 % more affordable than the average price in Mandaluyong. "Commercial Lot" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of ₱ 57,442 it is 399 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Townhouse" at an average price of ₱ 184 / m² followed by "House" priced at ₱ 572 / m². "Condominium" is the most affordable type of property with a ₱ 691.68 / m² value followed by "Commercial Lot" with an average price of ₱ 651 / m².