The prices in real estate in Muntinlupa, in the Metro Manila region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Muntinlupa has remained the same in the last 6 months. In May, the average price per m² was ₱ 91,256. In June this price pretty much remained the same at a value of ₱ 87,209 per m². The price for the following two months in (July, August) had a considerable decrease of 63 with regard to the prior two months. The price per m² has had a considerable increase of 172 % 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 ₱ 72,788.5 to ₱ 125,227 during September, and October.
Based upon to the price in Muntinlupa (cities), this has gone downing the last 6 months. The average price for May is ₱ 31,210,527. During June the price had a slight fall till ₱ 27,762,144. During the following two months (July, August) the average price had a considerable increase of 118 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 32,090,704 to ₱ 24,352,114, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 17,589,783 they are 69 % more affordable than the average price for Muntinlupa. The properties with the highest average price have 4 bedrooms, Their price is 190 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 12,705,376.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of ₱ 84,155 / m², with an average ₱ 125,728 / m² price in Muntinlupa. The properties with the highest average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 138,301 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 17,589,783 it is 71 % cheaper than the average price in Muntinlupa. "Commercial Lot" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of ₱ 17,189,597 it is 184 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House And Lot" at an average cost of ₱ 13,849 / m² followed by "Apartment" priced at ₱ 111,476 / m². "Townhouse" is the most costly type of property with a ₱ 172,227 / m² cost followed by "Condominium" with an average price of ₱ 138,268 / m².