The rent prices in real estate in Pateros, in the Rizal 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 Pateros has risen strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² rose considerably to . The price for the following two months in (December, January) had a considerable rise of 2147483647 %. The price per m² has had a considerable rise of 450 % 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 ₱ 252 to ₱ 1,134.5 during February, and March.
When referring to the price in Pateros (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching . During the following two months (December, January) the average price had a considerable rise of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 567 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of ₱ 82,775 they are 66 % more affordable than the average price for Pateros . The properties with the highest average price have 3 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 2 bedrooms priced at ₱ 67,232.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 545 / m², with an average ₱ 1,231 / m² price in Pateros. The properties with the most affordable average prices have 1 bedroom. They are 6 % more affordable than the average followed by properties with 3 bedrooms with a price at ₱ 1,024 / m².
The graph displaying the average rent prices displays the property type "Lot" as the most affordable one. At an cost of ₱ 82,775 it is 93 % more affordable than the average price in Pateros. "Condominium" is seen as the second most affordable property type. The most affordable property is "Condominium" followed by "Lot". At a price of ₱ 5,891 it is 66 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Lot" at an average price of ₱ 182 / m² followed by "Condominium" priced at ₱ 545 / m². "Condominium" is the most affordable type of property with a ₱ 545 / m² value followed by "Lot" with an average price of ₱ 182 / m².
