The rent prices in real estate in Makati, in the Metro Manila region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Makati has barely changed in the last 6 months. In October, the average price per m² was ₱ 935.21. In the following month the price per m² fell to ₱ 865.09. In the following two months the price per m² has practically remained the same, going from ₱ 900.15 to ₱ 927.92 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 ₱ 914.04 to ₱ 908.76 during February y March
When referring to the price in Makati (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is ₱ 87,370. In November This price remains at ₱ 91,151. During the following two months (December, January) the average price had a considerable fall of 81 % 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 109 % 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 ₱ 100,309 they are 62 % more affordable than the average price for Makati . The properties with the highest average price have 4 bedrooms, Their price is 130 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 180,792.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 817.01 / m², with an average ₱ 872.54 / m² price in Makati. The properties with the most expensive average prices have 3 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 905.85 / m².
The graph displaying the average rent prices displays the property type "Commercial Lot" as the most affordable one. At an cost of ₱ 100,309 it is 41 % more affordable than the average price in Makati. "Condominium" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Lot". At a price of ₱ 300,125 it is 216 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Lot" at an average price of ₱ 672.31 / m² followed by "Commercial Lot" priced at ₱ 698.75 / m². "Office" is the most expensive type of property with a ₱ 1,208.03 / m² value followed by "Condominium" with an average price of ₱ 921.68 / m².
