The rent prices in real estate in Puerto Galera, in the Mindoro Oriental region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Puerto Galera has had a strong fall during the last 6 months. In October, the average price per m² was ₱ 78. In the following month the price per m² fell considerably to . The price for the following two months in (December, January) had a considerable rise of 197 %. The price per m² has had a considerable rise of 133 % 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 ₱ 58 to ₱ 77 during February, and March.
When referring to the price in Puerto Galera (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 . During the following two months (December, January) the average price had a considerable rise of 0 % 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 had a strong increase of 0 % during the last two months.
With regard to the average prices per m² those properties with 1 bedroom are 49 % more affordable than the average price of (₱ 39 / m²) in Puerto Galera. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 49 % more affordable than the average value aforementioned.
According to the average area price by m² the least affordable property type is " with an average cost of ₱ 39 / m².
