The rent prices in real estate in Muntinlupa, in the Metro Manila region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Muntinlupa has risen during the last 6 months. In October, the average price per m² was ₱ 535.84. In November this price barely changed remaining at ₱ 558.23 per m². The price for the following two months in (December, January) had a considerable rise of 118 %. The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 596.43 to ₱ 610.96 during February y March
When referring to the price in Muntinlupa (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is ₱ 235,275. In November This price remains at ₱ 224,163. During the following two months (December, January) the average price had a considerable fall of 65 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₱ 189,588.5 and ₱ 181,222.5 between 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 ₱ 216,487 they are 87 % more affordable than the average price for Muntinlupa . The properties with the highest average price have 4 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 179,091.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 431.65 / m², with an average ₱ 571.31 / m² price in Muntinlupa. The properties with the most expensive average prices have 1 bedroom. They are 39 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 615.3 / m².
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 216,487 it is 91 % more affordable than the average price in Muntinlupa. "Condominium" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Lot". At a price of ₱ 245,917 it is 26 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House And Lot" at an average price of ₱ 410.04 / m² followed by "House" priced at ₱ 472.05 / m². "Condominium" is the most expensive type of property with a ₱ 874.66 / m² value followed by "Lot" with an average price of ₱ 775.58 / m².
