The rent prices in real estate in Mactan, in the Cebu 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 Mactan 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 ₱ 731.64. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per m² has had a considerable fall of 0 % 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 ₱ 182.91 to during February, and March.
When referring to the price in Mactan (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 ₱ 40,000. During the following two months (December, January) the average price had a considerable fall of 0 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 10,000 to , which means a 0 % fall.