The rent prices in real estate in Muntinlupa, 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 Muntinlupa has fallen during the last 6 months. In April, the average price per m² was ₱ 769.94. In May this price barely changed remaining at ₱ 733.14 per m². The price for the following two months in (June, July) fell 89 % with regard to the previous two months. 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 ₱ 711.14 to ₱ 723.16 during August y September
When referring to the price in Muntinlupa (cities), this has fallen in the last 6 months. In our first sample month during April, the average price is ₱ 90,543. In May This price remains at ₱ 92,068. During the following two months (June, July) the average price fell 94 % 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 91 %, going from ₱ 88,688.25 to ₱ 80,371 in August and September.
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 ₱ 86,171 they are 46 % more affordable than the average price for Muntinlupa . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 138,750.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 330.48 / m², with an average ₱ 696.82 / m² price in Muntinlupa. The properties with the most expensive average prices have 1 bedroom. They are 51 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 921.87 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 86,171 it is 62 % more affordable than the average price in Muntinlupa. "House" is seen as the second most affordable property type. The most expensive property type is "Condominium" followed by "House And Lot". At a price of ₱ 123,333 it is 68 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House And Lot" at an average price of ₱ 19.45 / m² followed by "Apartment" priced at ₱ 206.79 / m². "House" is the most expensive type of property with a ₱ 1,004.23 / m² value followed by "Commercial Lot" with an average price of ₱ 706.27 / m².