The rent prices in real estate in Batangas, in the Batangas City region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Batangas has fallen during the last 6 months. In October, the average price per m² was ₱ 157.59. In November this price barely changed remaining at ₱ 157.59 per m². The price for the following two months in (December, January) fell 86 % with regard to the previous two months. The price per m² has fallen 93 % 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 ₱ 146.29 to ₱ 136 during February, and March.
When referring to the price in Batangas (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is ₱ 56,367. In November This price remains at ₱ 56,367. During the following two months (December, January) the average price had a considerable fall of 62 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 45,741 to ₱ 33,586.5, which means a 73 % 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 ₱ 56,310 they are 92 % more affordable than the average price for Batangas . The properties with the lowest average price have 2 bedrooms, Their price is 76 % more affordable than the average. After that we have properties with 4 bedrooms priced at ₱ 13,471.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 76 / m², with an average ₱ 157 / m² price in Batangas. The properties with the most affordable average prices have 1 bedroom. They are 39 % more affordable than the average followed by properties with 2 bedrooms with a price at ₱ 81 / m².
The graph displaying the average rent prices displays the property type "Lot" as the most affordable one. At an cost of ₱ 56,310 it is 79 % more affordable than the average price in Batangas. "House" is seen as the second most affordable property type. The most affordable property is "House And Lot" followed by "House". At a price of ₱ 13,471 it is 68 % more affordable than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of ₱ 76 / m² followed by "Lot" priced at ₱ 84 / m². "House And Lot" is the most affordable type of property with a ₱ 140 / m² value followed by "Lot" with an average price of ₱ 84 / m².
