The rent prices in real estate in Tagaytay City, in the Tagbilaran City 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 Tagaytay City has risen during the last 6 months. In October, the average price per m² was ₱ 403.06. In November this price barely changed remaining at ₱ 403.47 per m². In the following two months the price per m² has practically remained the same, going from ₱ 403.27 to ₱ 421.07 per m². The price per m² has risen 108 % 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 ₱ 412.17 to ₱ 446.79 during February, and March.
When referring to the price in Tagaytay City (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is ₱ 66,554. In November This price remains at ₱ 66,689. During the following two months (December, January) the average price fell 92 % 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 92 %, going from ₱ 63,935.75 to ₱ 58,976 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 ₱ 56,702 they are 65 % more affordable than the average price for Tagaytay City . The properties with the highest average price have 3 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 2 bedrooms priced at ₱ 55,000.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 275 / m², with an average ₱ 463.08 / m² price in Tagaytay City. The properties with the most expensive average prices have 1 bedroom. They are 45 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 440.72 / m².
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of ₱ 56,702 it is 57 % more affordable than the average price in Tagaytay City. "House And Lot" is seen as the second most affordable property type. The most affordable property is "Lot" followed by "Apartment". At a price of ₱ 29,220 it is 48 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Apartment" at an average price of ₱ 205 / m² followed by "Lot" priced at ₱ 215 / m². "House And Lot" is the most expensive type of property with a ₱ 791 / m² value followed by "House" with an average price of ₱ 275 / m².
