The rent prices in real estate in San Juan, in the Metro Manila region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in San Juan has fallen during the last 6 months. In October, the average price per m² was ₱ 724.27. In November this price barely changed remaining at ₱ 718.15 per m². The price for the following two months in (December, January) fell 90 % with regard to the previous two months. 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 ₱ 685.82 to ₱ 681.77 during February y March
When referring to the price in San Juan (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is ₱ 107,700. In November This price remains at ₱ 108,995. During the following two months (December, January) the average price had a considerable fall of 75 % 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 93 %, going from ₱ 94,748.75 to ₱ 88,527.5 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 ₱ 94,131 they are 66 % more affordable than the average price for San Juan . The properties with the highest average price have 4 bedrooms, Their price is 58 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 123,000.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 350.72 / m², with an average ₱ 710.83 / m² price in San Juan. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 790.84 / m².
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of ₱ 94,131 it is 62 % more affordable than the average price in San Juan. "Condominium" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of ₱ 248,199 it is 170 % 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 ₱ 345.33 / m² followed by "Lot" priced at ₱ 348.4 / m². "Townhouse" is the most expensive type of property with a ₱ 1,465.23 / m² value followed by "House" with an average price of ₱ 897.74 / m².
