The rent prices in real estate in San Pablo, in the Laguna 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 San Pablo has risen strongly during the last 6 months. In June, the average price per m² was ₱ 58. In July this price barely changed remaining at ₱ 56 per m². The price for the following two months in (August, September) had a considerable rise of 137 %. The price per m² has had a considerable rise of 148 % 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 ₱ 67.5 to ₱ 100 during October, and November.
When referring to the price in San Pablo (cities), this has fallen in the last 6 months. The average price for June is ₱ 7,135. During July the price had a considerable fall till ₱ 5,470. In the following two months the average price has hardly changed with regard to the previous two months from ₱ 6,302.5 to ₱ 6,015.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of ₱ 6,561 they are 1 % more affordable than the average price for San Pablo . The properties with the lowest average price have 1 bedroom, Their price is 0 % more affordable than the average. After that we have properties with 2 bedrooms priced at ₱ 6,498.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of ₱ 91 / m², with an average ₱ 100 / m² price in San Pablo. The properties with the most affordable average prices have 1 bedroom. They are 4 % more affordable than the average followed by properties with 2 bedrooms with a price at ₱ 91 / m².
With regard to the average price based on the property in San Pablo we can see that the most affordable type of property is "House" at ₱ 6,498, which is 1 % cheaper than the average price. "House" has the most affordable price. This price is 1 % more affordable than the average price aforementioned.
According to the average area price by m² the most affordable property type is "House with an average cost of ₱ 91 / m². "House" with an average price of ₱ 91 / m² has the most affordable price and would be directed at less affluent cities.