The rent prices in real estate in Calamba, in the Laguna region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Calamba has risen strongly during the last 6 months. In October, the average price per m² was ₱ 529.39. In November this price barely changed remaining at ₱ 553.86 per m². The price for the following two months in (December, January) had a considerable rise of 132 %. The price per m² has fallen 87 % 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 ₱ 628.49 to ₱ 546.91 during February, and March.
When referring to the price in Calamba (cities), this has fallen considerably in the last 6 months. The rent price in October is ₱ 87,264, rising in November till ₱ 95,078. During the following two months (December, January) the average price had a considerable fall of 61 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from ₱ 73,510 to ₱ 66,870.5 in February and March.
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 ₱ 77,177 they are 74 % more affordable than the average price for Calamba . The properties with the lowest average price have 4 bedrooms, Their price is 30 % more affordable than the average. After that we have properties with 3 bedrooms priced at ₱ 50,117.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 335 / m², with an average ₱ 494.33 / m² price in Calamba. The properties with the most expensive average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 469 / m².
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 77,177 it is 65 % more affordable than the average price in Calamba. "House" is seen as the second most affordable property type. The most expensive property type is "Condominium" followed by "Lot". At a price of ₱ 50,837 it is 59 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Condominium" at an average price of ₱ 270 / m² followed by "House" priced at ₱ 347 / m². "Townhouse" is the most affordable type of property with a ₱ 402 / m² value followed by "Lot" with an average price of ₱ 360 / m².
