The rent prices in real estate in Mandaluyong, in the Metro Manila 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 Mandaluyong has fallen during the last 6 months. In October, the average price per m² was ₱ 767.77. In the following month the price per m² fell to ₱ 726.71. In the following two months the price per m² has practically remained the same, going from ₱ 747.24 to ₱ 714.47 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 ₱ 730.85 to ₱ 697.45 during February y March
When referring to the price in Mandaluyong (cities), this has fallen in the last 6 months. The average price for October is ₱ 30,602. During November the price had a slight fall till ₱ 27,700. During the following two months (December, January) the average price fell 93 % 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 93 %, going from ₱ 28,135 to ₱ 26,140.5 in February and March.
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 ₱ 25,481 they are 7 % more affordable than the average price for Mandaluyong . The properties with the highest average price have 3 bedrooms, Their price is 151 % more expensive than the average. After that we have properties with 4 bedrooms priced at ₱ 62,500.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 414.2 / m², with an average ₱ 695.29 / m² price in Mandaluyong. The properties with the most expensive average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 635.12 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 25,481 it is 26 % more affordable than the average price in Mandaluyong. "House And Lot" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of ₱ 89,898 it is 391 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of ₱ 449 / m² followed by "Townhouse" priced at ₱ 591.58 / m². "Condominium" is the most expensive type of property with a ₱ 734.1 / m² value followed by "Commercial Lot" with an average price of ₱ 668 / m².