The rent prices in real estate in Minglanilla, in the Cebu 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 Minglanilla has fallen during the last 6 months. In August, the average price per m² was ₱ 281.18. In the following month the price per m² fell to ₱ 255.41. The price for the following two months in (October, November) fell 94 % with regard to the previous two months. The price per m² has fallen 87 % 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 ₱ 260.78 to ₱ 225.89 during December, and January.
When referring to the price in Minglanilla (cities), this has risen in the last 6 months. In our first sample month during August, the average price is ₱ 30,571. In September This price remains at ₱ 30,542. During the following two months (October, November) the price has had an average rise from ₱ 30,556.5 to ₱ 33,526.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₱ 32,041.5 and ₱ 32,100 between December and January.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 3 % more affordable than the average price of ₱ 29,550 in Minglanilla. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 24 % more expensive than the average price of (₱ 229 / m²) in Minglanilla. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 24 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of ₱ 30,600 it is 3 % more affordable than the average price in Minglanilla. "Lot" is seen as the second most affordable property type. The most expensive property type is "Farm House" followed by "Lot". At a price of ₱ 33,524 it is 29 % more expensive than the average price.
According to the average cost per m², the least affordable property would be "House" at an average price of ₱ 229 / m² followed by "Lot" priced at ₱ 242 / m². "Farm House" is the most expensive type of property with a ₱ 274 / m² value followed by "Lot" with an average price of ₱ 242 / m².