The rent prices in real estate in Taytay, in the Rizal region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Taytay has had a strong fall during the last 6 months. In September, the average price per m² was ₱ 271.59. In the following month the price per m² fell considerably to ₱ 183.55. The price for the following two months in (November, December) had a considerable rise of 120 %. The price per m² has had a considerable fall of 80 % 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 ₱ 249.98 to ₱ 200.27 during January, and February.
When referring to the price in Taytay (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is ₱ 93,500. During October the price went through a considerable rise reaching ₱ 140,000. During the following two months (November, December) the average price had a considerable fall of 59 % 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 150 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 74 % more affordable than the average price of ₱ 34,313 in Taytay. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 74 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 71 % more expensive than the average price of (₱ 402 / m²) in Taytay. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 71 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 130,036 it is 93 % more affordable than the average price in Taytay. "House" is seen as the second most affordable property type. The most affordable property is "Condominium" followed by "Lot". At a price of ₱ 34,313 it is 24 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Condominium" at an average price of ₱ 169 / m² followed by "House And Lot" priced at ₱ 198 / m². "Lot" is the most expensive type of property with a ₱ 402 / m² value followed by "House" with an average price of ₱ 387 / m².