The rent prices in real estate in Talisay, in the Cebu 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 Talisay has risen strongly during the last 6 months. In November, the average price per m² was ₱ 253.46. In the following month the price per m² rose to ₱ 280.97. The price for the following two months in (January, February) had a considerable rise of 160 %. The price per m² has fallen 92 % 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 ₱ 346.78 to ₱ 319.14 during March, and April.
When referring to the price in Talisay (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during November, is ₱ 138,336. During December the price went through a considerable rise reaching ₱ 165,690. In the following two months the average price has hardly changed with regard to the previous two months from ₱ 152,013 to ₱ 147,934. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 149,973.5 to ₱ 112,855.5, which means a 75 % fall.
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 ₱ 105,223 they are 91 % more affordable than the average price for Talisay . The properties with the lowest average price have 4 bedrooms, Their price is 57 % more affordable than the average. After that we have properties with 3 bedrooms priced at ₱ 20,645.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 250 / m², with an average ₱ 310.68 / m² price in Talisay. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 336 / m².
The graph displaying the average rent prices displays the property type "Lot" as the most affordable one. At an cost of ₱ 105,223 it is 85 % more affordable than the average price in Talisay. "Townhouse" is seen as the second most affordable property type. The most affordable property is "Commercial Lot" followed by "Condominium". At a price of ₱ 49,750 it is 42 % more affordable than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of ₱ 207 / m² followed by "Commercial Lot" priced at ₱ 231 / m². "Townhouse" is the most expensive type of property with a ₱ 659 / m² value followed by "Lot" with an average price of ₱ 351 / m².
