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 February, the average price per m² was ₱ 159,930. In the following month the price per m² increased considerably to ₱ 209,966. The price for the following two months in (April, May) had a considerable decrease of 84 with regard to the prior two months. The price per m² has had a considerable deflation of 72 % 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 ₱ 169,945.25 to ₱ 123,181.5 during June, and July.
Based upon to the price in Taguig (cities), this has gone downing the last 6 months. The average price during our first sample month during February, is ₱ 12,062,345. During March the price went through a considerable rise reaching ₱ 15,885,858. During the following two months (April, May) the average price had a considerable reduction of 75 % 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 ₱ 12,228,486 to ₱ 9,589,220, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 7,419,177 they are 20 % more affordable than the average price for Taguig. The properties with the highest average price have 4 bedrooms, Their price is 962 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 36,040,923.
With regard to the average price per m² , those properties with 2 bedrooms are the most costly ones at a cost of ₱ 114,201 / m², with an average ₱ 113,470 / m² price in Taguig. The properties with the highest average prices have 4 bedrooms. They are 135 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 233,023 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 7,419,177 it is 32 % cheaper than the average price in Taguig. "Condominium" is seen as the second most affordable property type. The dearest property type is "Lot" followed by "House". At a price of ₱ 53,037,572 it is 782 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Apartment" at an average cost of ₱ 100,703 / m² followed by "House" priced at ₱ 142,431 / m². "Condominium" is the most costly type of property with a ₱ 252,144 / m² cost followed by "Lot" with an average price of ₱ 205,416 / m².
