The rent prices in real estate in Puerto Princesa City, in the Quezon City region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Puerto Princesa City has risen strongly during the last 6 months. In November, the average price per m² was ₱ 184.05. In December this price barely changed remaining at ₱ 184.05 per m². In the following two months the price per m² has risen 112 %, going from ₱ 184.05 to ₱ 206 per m². The price per m² has had a considerable rise of 120 % 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 ₱ 195.02 to ₱ 234.91 during March, and April.
When referring to the price in Puerto Princesa City (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is ₱ 46,000. In December This price remains at ₱ 46,000. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 219 % during the last two months.
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 ₱ 96,875 they are 85 % more affordable than the average price for Puerto Princesa City . The properties with the lowest average price have 2 bedrooms, Their price is 66 % more affordable than the average. After that we have properties with 4 bedrooms priced at ₱ 32,824.
With regard to the average prices per m² those properties with 1 bedroom are 6 % more expensive than the average price of (₱ 249 / m²) in Puerto Princesa City. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 6 % more expensive than the average value aforementioned.
According to average price per property type in Puerto Princesa City, "" priced at ₱ 32,824 is 66 % lower than the average price (₱ 96,875) in this city.
