The rent prices in real estate in Cainta, in the Rizal 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 Cainta has risen during the last 6 months. In October, the average price per m² was ₱ 247.11. In November this price barely changed remaining at ₱ 243.57 per m². In the following two months the price per m² has risen 114 %, going from ₱ 245.34 to ₱ 279.68 per m². The price per m² has risen 113 % 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 ₱ 262.51 to ₱ 296.06 during February, and March.
When referring to the price in Cainta (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is ₱ 6,919. In November This price remains at ₱ 6,750. During the following two months (December, January) the average price had a considerable rise of 151 % 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 increased 110 % during the last two months.
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 ₱ 9,384 they are 13 % more affordable than the average price for Cainta . The properties with the highest average price have 4 bedrooms, Their price is 379 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 19,717.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 268 / m², with an average ₱ 292.44 / m² price in Cainta. The properties with the most expensive average prices have 2 bedrooms. They are 23 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 291.94 / m².
The graph displaying the average rent prices displays the property type "Commercial Lot" as the most affordable one. At an cost of ₱ 9,384 it is 4 % more affordable than the average price in Cainta. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Lot" followed by "House". At a price of ₱ 36,441 it is 358 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Commercial Lot" at an average price of ₱ 146 / m² followed by "Townhouse" priced at ₱ 241 / m². "Condominium" is the most expensive type of property with a ₱ 409 / m² value followed by "Apartment" with an average price of ₱ 348 / m².
