The prices in real estate in Taguig, in the Rizal 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 Taguig has remained the same in the last 6 months. In September, the average price per m² was ₱ 98,678. In October this price pretty much remained the same at a value of ₱ 101,256 per m². In the following two months the price per m² has barely changed, going from ₱ 99,967 to ₱ 102,699.5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 101,333.25 to ₱ 102,871 during January y February
Based upon to the price in Taguig (cities), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is ₱ 6,137,080. In October This price remains at ₱ 6,365,141. In the following two months the average price has remained the same with regard to the previous two months from ₱ 6,251,110.5 to ₱ 6,289,808.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 214 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 15,711,006 they are 30 % more affordable than the average price for Taguig. The properties with the highest average price have 4 bedrooms, Their price is 323 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 46,284,188.
With regard to the average price per m² , those properties with 2 bedrooms are the most costly ones at a cost of ₱ 210,020 / m², with an average ₱ 105,043 / m² price in Taguig. The properties with the highest average prices have 3 bedrooms. They are 145 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 229,840 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 15,711,006 it is 50 % cheaper than the average price in Taguig. "Condominium" is seen as the second most affordable property type. The dearest property type is "House" followed by "Lot". At a price of ₱ 49,610,364 it is 241 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "Apartment" at an average cost of ₱ 115,796 / m² followed by "House" priced at ₱ 144,605 / m². "Condominium" is the most costly type of property with a ₱ 264,296 / m² cost followed by "Lot" with an average price of ₱ 174,879 / m².
