The rent prices in real estate in Las Piñas, 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 Las Piñas has risen during the last 6 months. In October, the average price per m² was ₱ 508.56. In the following month the price per m² rose to ₱ 576.57. In the following two months the price per m² has practically remained the same, going from ₱ 542.57 to ₱ 556.74 per m². 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 ₱ 549.65 to ₱ 558.14 during February y March
When referring to the price in Las Piñas (cities), this has fallen considerably in the last 6 months. The average price for October is ₱ 104,541. During November the price had a considerable fall till ₱ 88,030. During the following two months (December, January) the average price had a considerable fall of 48 % 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 88 %, going from ₱ 71,033.5 to ₱ 62,434.5 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 ₱ 72,147 they are 75 % more affordable than the average price for Las Piñas . The properties with the highest average price have 4 bedrooms, Their price is 127 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 58,000.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 404.24 / m², with an average ₱ 567.3 / m² price in Las Piñas. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 516.32 / m².
The graph displaying the average rent prices displays the property type "Commercial Lot" as the most affordable one. At an cost of ₱ 72,147 it is 72 % more affordable than the average price in Las Piñas. "House" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Townhouse". At a price of ₱ 285,481 it is 333 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Townhouse" at an average price of ₱ 242 / m² followed by "Commercial Lot" priced at ₱ 300 / m². "Lot" is the most expensive type of property with a ₱ 757.23 / m² value followed by "Apartment" with an average price of ₱ 753 / m².
