Thursday, March 25, 2010

The Good In Condominiums

Many Filipinos have started to direct their attention to owning a condo unit instead of these types of houses. So what are the advantages of owning an condo unit rather than any kind of homes in philippines?


One of the most popular types of homes in philippines today are condominiums. Although there are many other types of housing in the Philippines that Filipinos could choose from, such as townhouses, apartments, and even the simple house, many Filipinos have started to direct their attention to owning a condo unit instead of these types of houses. So what are the advantages of owning an condo unit rather than any kind of homes in philippines?

The good in condominiums
Although recently introduced in the Philippine market, condominiums quickly became popular among Filipinos. In the past, owning a condo unit usually signifies wealth, mainly because of its expensiveness. However, in recent times, the cost of buying a condominium unit have significantly decreased due to the number of condominiums erected all over the Philippines, making the market more competitive particularly with prices. The reason why condominiums became popular today is because of its affordability.

Affordability
Compared to buying a house or a townhouse in Metro Manila, particularly in Manila and locations near business and commercial districts, condominiums are far less cheaper. The cost of houses and townhouses in these locations usually range from P5,000,000 to P10,000,000 million Philippine Pesos, or even higher, whereas condominium units in these locations may only cost P2,000,000 to P5,000,000 Philippine Pesos, some may even go lower than P2,000,000.

Compared to apartments, condominiums are far more expensive. This is because apartments are usually rented rather than owned by its residents. Condominiums, on the other hand, are individually owned which gives its residents a sense of permanence in residence.

Location
Popular locations of homes in philippines are those near business and commercial districts. However, the numbers of these homes or houses are not as much as what condominiums can provide. Condominiums are mainly found in these areas. Towering condominium buildings are popularly found in Makati City, the business central of the Philippines. Living in these types of condominiums allows its residents to be within working areas and recreational areas which lets them avoid the usual rush hour.

Amenities
Another popular advantage of owning a condominium unit, particularly from condominium complexes, are the amenities such as swimming pools, gyms, and recreational areas. These types of amenities are mostly found in expensive townhouse complexes. With condominiums, people could easily enjoy such amenities with little investment.

Advantages Of Owning A Condominium And A House

Although condominiums are one of the most popular types of houses in the Philippines today, there are still those that prefers to live in a normal house rather than in a condominium unit. So what are the advantages of condominiums that made it popular among Filipinos and what are the things that makes a Filipino stay in a typical house?

Condominiums are one of the most popular types of philippine homes today. This is because of its many benefits not found in other types of houses. However, there are still those that prefers to live in a normal house rather than in a condominium unit. So what are the advantages of condominiums that made it popular among Filipinos and what are the things that makes a Filipino stay in a typical house?

Advantages of owning a condo unit
Filipinos could experience a lot of benefits with owning a condominium unit. Advantages include its affordability, location, and amenities. Unlike in the past in which condominiums can only be afforded by the wealthy, condominiums of today became more affordable, more than affordable compared to houses many have said.

Another advantage of owning a condominium unit is its location. Most condominiums today are found either inside business and commercial districts such as in Makati City, or near these areas. Although its price is slightly higher than other types of condominiums, such as those found in the outskirts, its price is much more reasonable than houses found in the suburbs because it allows its residents to be within these areas, allowing them to avoid rush hour.

Its amenities are also the thing that made condominiums popular. Owning a condominium unit allows its residents to enjoy amenities such as swimming pools, gyms, and recreational areas which are usually not included in owning a house. Another advantage other than from philippine homes is with townhouses. Townhouse complexes usually have these amenities. However, townhouse complexes are much more expensive than condominiums which makes owning a condominium unit more advantageous than townhouse complexes.

Advantages of houses over condominiums
However, there are several disadvantages of condominiums that makes houses more efficient. One is that condominium units are usually not appropriate with bigger families, mostly with more than 2 children or with extended families. This is because condominiums are usually smaller, which makes houses more popular because of its size.

Another disadvantage that allows houses to be at an advantage is its monthly fees. Other than the combination of monthly mortgage, insurance, property tax payments, electric and water bills, condominiums would usually involve paying a monthly fee for the maintenance of the condominium.

Importance Of Housing Tenure

Housing tenure is a term used by professionals to determine the type of ownership that an individual or group of people have on any type of housing. The term is also used to determine if a type of housing is an apartment or privately owned.

In every type of residential real estate, there is a term that professionals would like to call as housing tenure. Housing tenure is a term used by professionals to determine the type of ownership that an individual or group of people have on any type of housing. The term is also used to determine if a type of housing is an apartment or privately owned. One popular example is apartments and condominiums.

Importance of housing tenure
Apartments and condominiums are physically similar. According to many Real estate Philippines experts, a building to be used as a condominium could also be used as an apartment. The only difference is with its housing tenure or ownership. Condominium units are individually owned, while the rest of the building or compound are jointly owned. Apartments, on the other hand, are usually rented or leased to tenants. This is the reason why housing tenure is very important.

Different types of housing tenure
According to Real estate Philippines experts, the most common type of housing tenure are tenancy and owner occupancy. Tenancy involves rent paid to a landlord while owner occupancy involves an individual or a group owning a type of housing, may it be a house, townhouse, or a condominium. However, other than tenancy and owner occupancy, housing tenure also involves other types of ownership. These involve:

* Cooperative housing - This type housing tenure involves an entire building or complex is held in common by a homeowners' association. Individuals have the right to occupy a particular apartment by mutual agreement but do not hold exclusive ownership to it.
* Condominium - Although also a type of owner occupancy, this type of housing tenure is also called as commonhold and strata title. This involves an apartment or house is assigned to an individual, but common areas and facilities are controlled by the homeowners' association. Fees are charged to the condo owners for maintenance of the common areas.
* Public housing - Also known as government housing, these types of housing tenure are either provided to people for free or leased at a subsidised rate. According to Real estate Philippines experts, these types of housing tenure are used when the government would relocate residents of a squatters area to another area.
* Squatting - One of the first type of housing tenure, according to many professionals, this type involves a group of individual occupying a land or an abandoned house or building without the landlord's permission.

Why Are Condominiums Popular In The Philippines

The reason why condominiums became very popular in the market today is because of its benefits which are not found in other types of housing in the Philippines. So what are the many benefits or advantages of living in a condominium rather than any other types of house?


Condominiums are one of the most popular types of residential real estate in the Philippines today. The reason for its popularity in today's market are the many benefits that residents could experience while living in a condo unit as well as the number of condo for sale Philippines. So what are the many benefits or advantages of living in a condominium rather than any other types of house?

Advantages
The main advantage of most condo for sale Philippines is its affordability. Although condominiums were known for its expensiveness in the past in which the wealthy are the only ones that can afford to buy one, most condominiums today became more affordable, especially for the middle class of society.

According to many experts, because of the number of condominiums rising up from the market, which causes the competition to grow, the cost of condominiums have significantly decreased, allowing Filipinos to get a chance to find a suitable housing for their own or their family. However, other than its affordability, condominiums have also been popular because of its location.

Most condo for sale Philippines are those found near or within major business districts or around commercial areas. This allows its residents to avoid rush hour which is a major problem in the Philippines. However, other than those condominiums in big cities, there are also condominiums found outside these cities and in a more quiet location. These types of condominiums are commonly known as condominium complexes.

Although the location of most condominium complexes places its residents outside the reach of business districts as well as commercial areas, these types of condominiums do have their own advantages compared to other types of condominiums. Most condominium complexes have amenities which are usually only found in townhouse complexes. Amenities such as swimming pools, gyms, and recreational areas are what made condominium complexes very popular among Filipinos.

Disadvantages
However, other than advantages, condominiums are also known for its disadvantages compared to other types of housing. One disadvantage is its month fee. These fees are separate from other bills such as water and electric. This fee is used to maintain the whole compound or building as well as wages for its maintenance personnel as well as for the security.

Advantages Of Condos And Townhouses In The Philippines

In today's market, most Filipinos have come to live in a condo unit or in a townhouse rather than in a normal house found in the suburbs. So what are the advantages of owning a condominium unit or a townhouse rather than the typical house?


There are many types of Philippines property for sale in the market today. Some of which are residential spaces such as houses, condominiums, and townhouses. In today's market, most Filipinos have come to live in a condo unit or in a townhouse rather than in a normal house found in the suburbs. So what are the advantages of owning a condominium unit or a townhouse rather than the typical house?

Advantages of condominiums and townhouses
Other than the typical house, condominiums and townhouses are also a type of residential Philippines property that could provide people with a permanent residence. Unlike apartments which are usually rented or leased to tenants, condominium and townhouse units are individually owned why the rest of the building or complex are jointly owned. Other than its ownership, condominiums and townhouses are also known for its other benefits. Such as its luxury.

Most condominiums and townhouses today are known for their luxurious living experience. This is because of its location, appearance, as well as with its amenities. First is with townhouses.

Townhouses in the market today are known for their luxurious appearance. Most of it are found in the suburbs as well, however, there are townhouses found outside cities, such as in provincial areas. These types of townhouses are known as townhouse complex. A townhouse complex is considered today as one of the most popular types of housing, particularly for the wealthy. One reason for its popularity is its amenities.

Large complexes such as a townhouse complex are complete with high security, resort facilities such as swimming pools, gyms, parks and playground equipment. However, other than townhouse complexes, condominiums have also become very popular among Filipinos, particularly because of the same type of luxury that townhouse could give.

There are different types of condominiums today. Those Philippines property that are found inside major business and commercial districts, as well as those found in same places where townhouse complexes are usually found. Both of these types of condominiums have their own advantages and disadvantages.

Condominiums within big cities allows its residents to be within walking distance or mass transit distance to their work. This gives them the advantage of avoiding rush hour. However, for condominiums found in provincial areas, residents could have a hard time going to work. Condominiums found provincial areas places its residents outside the reach of big cities, which could be a disadvantage for many people. The advantage of condominium complexes, however, is that people could enjoy the same amenities found in townhouse for the fraction of the cost.

The Many Advantages Of A Normal House

Although condominiums have become very popular in the Philippine market, there are still those that would prefer to live in a house rather than in a condo unit. So what are the advantages of buying a house rather than a condominium?


Condominiums and houses are some of the most popular types of house for sale Philippines today. Although houses are considered as the basic type of housing in the Philippines, many Filipinos have started to shift their interest to condominiums basically because of its affordability as well as with its luxury. However, there are many Filipinos that would still prefer to live in a house rather than in a condominium. So what are the advantages of buying a house rather than a condominium?

Advantages of houses
Houses are the basic type of residence in almost every country. Although the rise of condominiums in the Philippines significantly decreased the number of people looking to buy a house, there are still many of those that would rather buy a house than to live in a condominium. One apparent reason for its popularity is that many finds that some condominiums are not as family oriented as a house does.

Size
The reason why condominiums became popular is its affodability, which allows people to find a suitable residents for such a little investment. However, condominium units are typically small, but not as small as a studio type apartment. People could easily start building a family in a condominium, but not for bigger families, particularly for extended families. This is the reason why houses are still very popular. Because of the size of a typical house for sale Philippines, Filipinos could easily raise a big family. Another advantage of owning a house is the monthly bills.

Monthly bills
Owning a house means shouldering the many month bills that comes in. Bills includes electric bills, water bills, mortgage, as well as property tax. However, for condominiums, these aren't the only things that residents should be worrying about. Every condominium, may it be the towering building found in Makati City or condominium complexes, are known for the monthly fees. These fees are normally used to maintain the whole condominium. This means every residents are obligated to give a monthly fee. Fees would usually depend on the type of condominium.

Right to modify
Another popular advantage of owning a house is it gives its owner the right to modify the building and land as they please. For condominiums, residents aren't allowed to change the exterior of their units. Modifying the interior would usually first undergo approval. If the condominium committee doesn't approve of the modifications to be done in a unit, then there is no other choice for the resident but to accept this. These are the reasons why there are still so many house for sale Philippines.

The Popular Home

Condominiums, although it was only introduced recently, have grown very popular for many Filipinos other than any kinds of homes for sale philippines. One popular advantage of condominiums from other types of housing is its affordability.


Other than the typical house, condominiums, apartments, and townhouses have also been a very popular choice for many Filipinos. The reason why many Filipinos have come to live in these kinds of housing is because of its several benefits. There are many types of benefits that Filipinos could gain from these other types of housing. Some of the most popular advantages are found in condominiums.

Condominiums, although it was only introduced recently, have grown very popular for many Filipinos other than any kinds of homes for sale philippines. One popular advantage of condominiums from other types of housing is its affordability.

Advantage of condominiums
According to many Filipinos, prices of condominiums begun decrease because of the huge competition in the market, particularly because of the number of condominiums erected all over the Metro Manila. People could easily take advantage on this decrease in cost to find themselves a suitable residence. Although the cost have significantly decreased over the years, it still retained its luxurious living for its residents.

Other than its affordability, condominiums are also known for their other benefits, such as its location. There are two areas in which condominiums are mostly found. One is near or within a major business district while the other one is found in the outskirts or in provincial areas.

The first location, which are those near or within a major business district or commercial area, allows its residents to be withing walking distance or mass transport distance from their work place or leisure. This also allows them to avoid rush hour, which is still a problem in the Philippines. Unlike other types of homes for sale philippines, condominiums can easily offer this advantage to its residents.

Another popular location are those found in provincial areas. These types of condominiums are typically known in the market as condominium complexes. This is usually similar with townhouse complexes. The advantage of these types of condominiums are its amenities such as resort facilities like swimming pools, gyms, recreational areas, and many more. In addition to that is the locations which tends to instill calmness as well as luxury.

The disadvantage, however, is that most of these types of condominiums may put its residents far from major business districts. These types of condominiums, however, are much more inclined for families compared to those found in busy areas of business districts. These are the reasons why condominiums became of the most popular homes for sale philippines.

The Popularity Of Apartments In The Philippines

Although condominiums and townhouses rises over the market, many Filipinos still choose to live in an apartment rather than in these types of housing. So what are the reasons why apartments are still popular?


There are many types of residential real estate in Philippines in the Philippines today that Filipinos can choose from. Some of the most popular today are townhouses and condominiums. One reason is because of its luxury which is not found from other types of houses. However, although condominiums and townhouses rises over the market, many Filipinos still choose to live in an apartment rather than in these types of housing. So what are the reasons why apartments are still popular?

Advantages of apartments
One of the main reason why apartments became popular for many people is because of its affordability. This is because apartments are normally rented or leased to tenants rather than sold such as the case for townhouses and condominiums. Although it offers a temporary residents, Filipinos could easily find a place to call their home.

There are different types of apartments in the Philippines today, each having their own advantage for specific situations or people. One of the most basic types of apartments is the studio type apartment.

Studio type apartments
The studio type apartment is one of the most popular type of apartment in the Philippines. This is because the studio type is usually the cheapest type of apartment in the market. However, the disadvantage of apartments is its size, which is usually smaller than your average condominium unit. These kinds of apartment usually consist mainly of a large room which is the living, dining, and bedroom combined.

These types of apartments are usually not appropriate for families, but are more perfect for non-married people, such as students. Because of its small size as well as its cheapness, students from provinces can find a suitable, temporary residence while studying. This is one of the few reasons why apartments are still one of the most popular residential real estate in Philippines.

One-bedroom apartments
Another popular type of apartments in the Philippines are the one-bedroom apartments. These types of apartments are normally larger than the studio type, and that a single room is separated from the rest of the unit. This gives its tenants more privacy. These types of apartments are perfect for small families.

Other than the one-bedroom, there are also the two-bedroom, three-bedroom apartments which are larger than the other. These types are what makes apartments more popular. Although a lot expensive than the studio types, many Filipinos still choose to stay in these types of housing which makes apartments as one of the most popular residential real estate in Philippines.

Popular Types Of Housing In The Philippines

Some of the most popular types of houses in the Philippines are condominiums and apartments, while some still choose to own a typical house in the suburbs or in a luxurious townhouse. So what are the advantages and disadvantages of owning one of these types of housing?


There are many types of Philippines property for sale around the market today. Most of which are residential real estates. There are many types of residence that a Filipino can choose to live in the Philippines today. Some of the most popular are condominiums and apartments, while some still choose to own a typical house in the suburbs or in a luxurious townhouse. So what are the advantages and disadvantages of owning one of these types of housing?

Apartments and condominiums
Apartments have been known in the market for years, while condominiums have only been recently introduced into the market. The reason why apartments are still very popular is because of its affordability, which is unlike owning a house or a townhouse. The only disadvantage is that it can only temporarily provide residence for people. But this disadvantage could also work advantageous for other situations.

Studio type apartments are one of the most popular types of apartments available in the Philippines. This is because this is the cheapest type of apartment available in the market. Its size, however, is also the smallest. This type of apartment are perfect for people which may only need a temporary residence, such as students. This type of apartment, however, is not appropriate for larger families.

Condominiums are much similar to apartments in terms of physical feature. The only difference is its ownership. Condominiums are individually owned while apartments are rented or leased to tenants. The advantage of this is that it can provide a more permanent ownership. However, the main benefit of condominiums is its affordability. Although not as affordable as apartments, its definitely more affordable than a house or a townhouse. Another advantage is that there are many Philippines property of these types.

Houses
Considered as the basic type of housing, this type of Philippines property are still very popular in the market. There are many advantages of owing a house rather than a townhouse or a condominium. One advantage of owning a house is that it gives its owner the right to modify the building and land as they please. It also protects them from eviction which is a usual case in apartments. The disadvantage, however, is that most houses available today are those outside cities, such as in provinces or in the outskirts. Another is that most of these kind of houses are expensive, particularly those in Manila.

Townhouses
One of the most luxurious types of housing, these types of residence are popular for the wealthy. There are many types of townhouses in the Philippines. Most are those found in suburbs, while some are found in large complexes which are called townhouse complexes. Townhouse complexes are very popular because of its amenities such as swimming pools, gyms, and recreational areas. The only disadvantage is that most townhouses are suitable only for the wealthy. This is because of its expensiveness, which is usually more expensive that houses.

Friday, March 19, 2010

A House For You

Some of the most popular types of housing in the Philippines today are apartments, condominiums, townhouses, and the typical house. Each type of residence has its own advantages and disadvantages for specific situations. So which of these types of houses are suitable for your needs?


What is the best type of residence for you? Because of today's growing trends in the Philippines, Filipinos are now in demand for a type of house that suits their needs. Luckily, there are a number of house for sale Philippines today that Filipinos could freely choose from. Some of which are apartments, condominiums, townhouses, and the typical house. Each type of residence has its own advantages and disadvantages for specific situations. So which of these types of houses are suitable for your needs?

Apartments and condominiums
Apartments and condominiums are usually similar with each other. The only difference is with its ownership in which condominium units are individually owned while apartment units are rented or leased to tenants. Both of which have its own advantages and disadvantages. First is with condominiums.

The advantage of owing a condominium is its affordability compared to buying a house or a townhouse. Although not as cheap as apartments, condominiums can provide people with a chance to start their own lives without too much investments. However, the main advantage of owning a condominium in the Philippines is that most of these types of house for sale Philippines are found near or inside major business districts or commercial areas.

Because of its usual location, residents could find it easier to avoid rush hour. However, most of these condominiums are not appropriate for a growing family of more than 3. This is because these types of condominiums are usually small. Although some may offer a larger condominium, these types are usually more expensive than most condominiums.

In apartments, one of the most popular types are the studio type apartments. This is because of its affordability, which is considered as the cheapest type of apartment. However, its size is usually not appropriate for larger families. But this could work for people who are looking for a temporary place of residence, such as students.

Townhouses and house
The typical house in suburbs are still very popular for many Filipinos, however, other than in the suburbs, a number of house for sale Philippines have also been spotted in very luxurious places, such as in subdivisions. These types of housing became popular for larger families that condominiums couldn't possibly accommodate. However, most of these kinds of houses are far from major business districts which could cause a lot of problems. Another is that these types of housing are also very expensive.

Townhouses have also begun to become very popular in the market. The reason for its popularity is its luxury. It is also known for its larger size compared to condominiums. Another advantage is that most townhouse complexes have their own swimming pools, gyms, and recreational areas which are usually free of use for its residents. It is also family oriented. However, the disadvantage of townhouse complexes or even the ordinary ones are its expensiveness, which could cost more than the worth of a house.

Advantages Of Owning Your Own House

Although condominiums, townhouses, and apartments became popular in the Philippine market, there are still those which would still prefer to live in a typical house. So what are the advantages that a typical house have over a condominium, townhouse, or an apartment?


Condominiums, townhouses, and apartments are some of the most popular types of homes for sale philippines today. Although these types of housing became popular in today's market, there are still those that wishes and dreams of having their own house in the suburbs or in subdivisions. So what are the advantages that a typical house have over a condominium, townhouse, or an apartment?

House Vs. Condominiums
The reason why condominiums became popular is because of its affodability, luxury, as well as its location. Most condominiums in the Philippine market today are known for its affordability compared to buying a whole house or a townhouse. This, however, depends on its location, which is another advantage of condominiums.

Condominiums are normally found inside or near major business districts or commercial areas. The advantage of these locations is that it allows its residents to be within walking distance or mass transit distance to these areas. It also allows them to avoid rush hour which is still a growing problem in the Philippines. However, there are several disadvantages of owning a condominium.

Other than electric and water bills, residents are also called to pay for a month fee which is typically used for the maintenance of the whole condominium. Another disadvantage that makes a typical house popular is that most condominiums are not appropriate for big families with 2 to 3 children. This is the reason why many would have to choose condominiums as a temporary residents until they could have the right capital to buy their own house.

House Vs. Townhouses
The main advantage of townhouses from other types of homes for sale philippines such as a typical house is its luxury. Most townhouses available in the market today are those found in luxurious complexes. These types of townhouses are normally complete with high security as well as resort facilities such as swimming pools, gyms, recreational areas, and many more.

The disadvantage, however, is that most of these townhouses are very expensive, more expensive that buying a house, which makes houses still a preferred choice by many.

Houses Vs. Apartments
Another popular type of homes for sale philippines are apartments. The advantage is that apartments are typically more affordable than any other of these houses. The disadvantage, however, is that apartments are rented, which does not protect people from eviction, unlike owning your own house which can protect you from eviction.

The Many Benefits Of Owning A Condominium

Although condominiums was recently introduced in the market compared to other types of houses such as townhouses, apartments, and the typical house, condominiums quickly became popular across the country, particularly in Metro Manila.


There are many types of residential real estate in Philippines today. One of the most popular are condominiums. Although it was recently introduced in the market compared to other types of houses such as townhouses, apartments, and the typical house, condominiums quickly became popular across the country, particularly in Metro Manila.

What is a condominium?
A condominium is a type of multi-unit dwellings in which a unit is individually owned while other facilities found in the condominium are jointly owned, such as hallways, heating systems, elevators, as well as recreational areas. There is also a similarity with condominiums and apartments, particularly because both are mostly considered as multi-unit dwellings.

According to many experts, a building to be used as a condominium can also be used as an apartment, and vice versa. The only difference is with its ownership. Condominiums are individually owned while apartments are rented or leased to tenants by its landlord.

Although condominiums were only recently introduced in the Philippine market, it quickly grew to become one of the top residential real estate in Philippines. The reason for this is because of its many benefits compared to other types of housing.

Benefits of condominiums
One major benefit of condominiums are its affordability. Although it was known in the past for its expensiveness, which also gives its luxury, condominiums of today have become more and more affordable, particularly for the middle class of the society. Compared to buying a whole house or a townhouse, condominiums are much more affordable. This usually depends on its location, which is another advantage of owning a condominium.

Most condominiums are found in areas near or within major business districts such as in Makati City as well as in commercial areas. The advantage that this type of residential real estate in Philippines can give is that residents could easily avoid rush hour, which is still a problem in the Philippines. Another benefit of condominiums are its amenities.

Resort facilities such as swimming pools, gyms, and recreational areas are generally not included in buying a house. These, however, are found with townhouse complexes. However, condominiums are much more affordable than townhouses, which allows Filipinos to enjoy such amenities for the fraction of its cost.

Popular Condominiums In The Philippines

Because of its popularity and its sudden spread across the country, several types of condo for sale Philippines have now been made available for Filipinos. Some of the most popular are condominium buildings and condominium complexes.


Condominiums are one of the most popular types of housing in the Philippines today. Although it was only recently introduced in the Philippine market, condominiums quickly became popular. Condominiums in the past were known to symbolize wealth, particularly because the wealthy are the only ones that can afford to buy a condominium. Today, however, condominiums became open to a much wider market because of its affordability.

Because of its popularity and its sudden spread across the country, several types of condo for sale Philippines have now been made available for Filipinos. Some of the most popular are condominium buildings and condominium complexes. So what are the differences between these types of condominiums?

Condominium buildings
The first type of condo for sale Philippines, these types are normally found inside or within walking distance or mass transit distance to central business districts such as Makati City as well as with commercial areas such as in East Wood and Pasig. This allows its residents to avoid the usual rush hour which is still a big problem in the Philippines.

Another advantage of these types of condominiums are its luxury. Although its near or within busy districts, people could still have a place to rest and relax quietly. Some of these can also offer amenities that residents could enjoy such as a gym or an indoor pool, the later being the rarest. However, other than the condominium buildings, condominium complexes have also become very popular in the Philippines.

Condominium complexes
Condominium complexes are similar to townhouses complexes, which is made up of a wide span of land, in which each building has its own sort of garden around it. These types of condominiums are usually found in luxurious and quiet location such as in provinces such as those found in Taal or Tagaytay or in the outskirts such as those found in Novaliches or in Taguig.

The main advantage of condominium complexes are its amenities. Similar to townhouse complexes, these types of condo for sale Philippines has its own resort facilities such as swimming pools, gyms, recreational areas, as well as other types of recreational facilities. However, some condominiums may have all of these amenities while some may only have one or two of these.

How Residence Should Be Determined

Most experts and professionals doesn't look at the appearance of a house to determine if it is really a house. In which case, these professionals look at what type of ownership does a resident have over its residence. So why is that?


There are many types available in the Philippines today. There are townhouses, apartments, condominiums, and the typical house. Although these types of houses are different in both appearance and usual locations, the real difference falls with its ownership. Most experts and professionals doesn't look at the appearance of a house to determine if it is really a house. In which case, these professionals look at what type of ownership does a resident have over its residence. So why is that?

One example is that a typical house can be owned by a resident for his/her own or it can be rented or leased to tenants by its owner, which in turn would then be called an apartment. Another example is with condominiums and apartments. Because of its similarities, a building to be used as a condominium can be used as an apartment, and vice versa. According to many Real estate Philippines experts, the only way to determine the difference is with its ownership. And this is commonly known as housing tenure.

What is housing tenure?
Housing tenure is a term used to determine the type of ownership does a person or group of person have for a type of residence, such as a house or a condominium. The most frequent forms are tenancy, in which rent is paid to a landlord, and owner occupancy. Each of these types of ownership has their own advantages and disadvantages.

Being able to own your own house gives you the right to to modify the building and land as you please, however, these may be subject to government, homeowner association, and deed restrictions. Another advantage is that it protects you from eviction. However, according to Real estate Philippines experts, houses and the land they sit on are expensive, and the combination of monthly mortgage, insurance, and property tax payments is greater than monthly rental costs.

Tenancy or leasehold estate has the advantage of allowing people to find a suitable type of residence without having to invest too much on it. The disadvantage, however, is that these types of ownership doesn't protect its residents from eviction. Another is that the landlord still owns these houses, and that modifications are still governed by the landlord's permission.

Other types of housing tenure
According to Real estate Philippines experts, other than tenancy and owner occupancy, housing cooperative, condominiums (individually parceled properties in a single building), public housing, squatting, and cohousing are also types of housing tenure.

Popularity Of Other Houses

Other than the typical house in the suburbs, other types of housing such as townhouses, condominium, and apartments, have all became very popular in today's market. Here are some of the few reasons why these types of housing became popular over the conventional house.


There are many types of house for sale Philippines today that Filipinos could freely choose from. Other than the typical house in the suburbs, other types of housing such as townhouses, condominium, and apartments, have all became very popular in today's market. Here are some of the few reasons why these types of housing became popular over the conventional house.

Luxury
Townhouses are foremost known for its luxurious living. Most of today's townhouses are known for its luxurious exterior designs which usually define wealth. Townhouses are also found in luxurious, open complexes which are known for its amenities such as swimming pools, gyms, recreational parks, and other popular facilities.

Other than townhouses, condominiums are also known for this luxury. The reason why condominium became popular in the past was it was the perfect type of house for sale Philippines that defines luxury in big cities. This is because most condominiums are found in big cities, mostly in business districts such as in Makati City. This allows its residents to be within walking or mass transit distance of business and industrial areas of the city, yet luxurious enough for wealthy.

Affordability
Affordability is one of the many key reasons why apartments became popular. Unlike buying any house for sale Philippines, which could cost more than a million worth of Philippine Pesos, apartment allows people to find a suitable type of residence without having to worry about investing too much on it. Popular types of apartments are the studio type apartments which is considered as the smallest yet the cheapest type of apartment. The advantage is that students and non-married people could find residence without having to invest too much on it.

Other than apartments, condominiums have also been a popular because of its affordability. Although not as affordable as an apartment, some condominiums are known to cost half the usual price of buying a house, typically ranging from P500,000 to a million Philippine Pesos (this, however, depends on the location).

Location
Unlike most houses in the Philippines today, condominiums and apartments are known for their advantage in terms of location. Most condominiums today are strategically situated near or inside business districts and major commercial areas. This allows residents to avoid rush hour which is a major problem in the Philippines.

Other than those near business districts and commercial areas, most townhouse and condominium complexes are also found in quiet places, particularly in provincial areas. Not only does this make a townhouse or a condominium more comfortable, it also adds to its luxury.

The Good And The Bad Of Other Types Of Houses In The Philippines

Townhouses and condominiums have become popular in the Philippine market because of its advantages over a typical house. However,there are still several advantages to owning a house than owning a condo unit or a townhouse.


There are many types of homes for sale philippines today. Other than the typical house, other types of residential real estates such as townhouses and condominiums have also became rather popular. The reason why is because these other types of residential real estates became popular is because they hold benefits that houses would normally don't have. Here are some of its reasons:

Townhouses
The advantage of most townhouses today is its luxury. Most townhouses available in the market today are known for their extravagant exterior and interior. These types of townhouses are also found in areas near business districts, which makes it easier for residents to get to their work. However, what made these types of homes for sale philippines popular is that some are found in large, luxurious complexes.

Townhouses complexes are known for their high security as well as with their resort facilities such as swimming pools, gyms, parks and playground equipment. These places are also perfect for raising a family.

Condominiums
Condominiums have become a very popular type of housing in the Philippines today. The reason for its popularity was with its luxury. Although luxurious, a condominium is usually more affordable than most homes for sale philippines, such as those found in Manila. Another popular reason why condominiums became popular is that most are found inside business districts, allowing their residents to avoid the dreaded rush hour which is a big problem in the Philippines.

Another advantage of condominiums is its amenities. Similar to townhouse complexes, condominium complexes are also known for their amenities such as swimming pools, gyms, parks and playground equipment as well as with their high security.

Disadvantages of owning a townhouse or a condominium
Although townhouses and condominiums are very popular, there are sill several disadvantages to owning one that makes a typical house popular. One is that owning a house gives its owner the rights to change the exterior of their house as they please. Condominiums and townhouses don't allow such changes. Another popular advantage of owning a house is that it gives the right to be inherited. And unlike owning a condominium, houses are very perfect for larger family whereas condominiums only has limited accommodation because of its size.

Advantages And Disadvantages Of Owning A Condo Unit

Although many may still dream on owning their own typical house in the suburbs, many Filipinos have opted to buying their own condominium before owning a house. So what are the advantages of owning a condominium rather than any other types of housing in the Philippines?


Condominiums have become a very popular type of Philippines homes in the market today. Although many may still dream on owning their own typical house in the suburbs, many Filipinos have opted to buying their own condominium before owning a house. So what are the advantages of owning a condominium rather than any other types of housing in the Philippines?

Advantages

Affordability
According to many people, the reason why condominiums became popular was with their affordability. Although condominiums are recognized for their luxurious living theme, condominiums are known to be more affordable than houses sold in most cities, such as in Manila. And unlike townhouses, condominiums are much more affordable.

Location
Another great advantage of owning a condominium is its location. Most condominiums available in the market today are those found near business districts and commercial areas. This allows its residents to be within walking or mass transit distance of business and industrial areas of the city. Another popular location of condominiums are those found in provincial areas. This adds to a condominium's luxurious quiet life.

Amenities
Another popular trait of most condominiums today, particularly the condominium, complexes are its amenities. Most condominium complexes in the Philippines today have their own resort facilities such as swimming pools, gyms, parks and playground equipment. Condominium buildings, on the other hand, doesn't possess such amenities, however, some are known to have their own gyms and other types of amenities.

Maintainability
One popular advantage of owning a condominium is its maintainability. Unlike owning other types of Philippines homes such as a house, condominium are known to have their own maintenance personnel that maintains a condominium's livability. Other than exterior, because of its typical small size, people wouldn't have to worry about cleaning.

Security
Security is one of its most popular feature. Most condominium complexes and buildings have their own security personnel that maintains peace within a compound or a building.

Disadvantages
However, other than its advantages, there have also been several disadvantages to owning a condo unit. One is the size of its unit. Most condominium units are known for their small size. Although perfect for a small family, the parents and a child, bigger family with 3 and more children would find it unsuitable.

Other than monthly electric and water bills, as well as mortgage bills, condominiums are also known for their monthly fees. Unlike other types of Philippines homes such as a house, these fees are used to maintain a condominium's livability as well as with its security. It is also used as wages for maintenance and security personnel.

Condominium, A Home For Luxury

The reason why many would prefer to buy a condominium unit rather than a house or any other types of residence is because of its advantages that other types of residence doesn't possess. Here are some of the reasons why condominiums became popular for many Filipinos.


When it comes to the types of housing or residential real estate in the Philippines, condominiums have been one of the most popular and sought after type of house in the country. Although many would still prefer to live in a normal house, the Filipino community is now slowly turning their attention to owning a condo unit for their own. The reason why many would prefer to buy a condominium unit rather than a house or any other types of residence is because of its advantages that other types of residence doesn't possess.

Here are some of the reasons why condominiums became popular for many Filipinos:

Condominium, A Home For Luxury
For Filipinos, owning a condo unit symbolize wealth, typically because of its luxury as well as with its price. However, the truth about owning a condominium is that does provide luxury, but some have noticed that condominiums are much more affordable than buying a house. Compared to the cost of a house sold in Manila today, which could cost around P2,000,000 to P10,000,000 million Philippine Pesos, condominium could only cost half its price, usually ranging from P500,000 to P5,000,000 Philippine Pesos. This, however, depends on its location.

There are two types of condominiums available in the market today, the condominium building such as those makati condo and condominium complex. Each has their own advantages as well as disadvantages. Nonetheless, these condominiums are still known for their affordability. So what are the difference of condominium buildings and condominium complexes?

Condominium buildings
Most condominium buildings are found near or inside major business districts, such as those makati condo. The advantage of condominium buildings is that it puts its residents in locations near business districts and commercial areas. This allows them to avoid rush hour which is a typical problem for many motorists.

Although found in cities, these types of condominiums are still known for their luxurious living spaces, such as the many popular makati condo. Most condominium buildings have their own amenities such as a gym or a spa. However, when it comes to amenities, condominium complexes are known to give more than just a gym.

Condominium complex
Condominium complexes are similar to townhouse complexes which are known for their amenities. These types of condominiums are complete with high security and resort facilities such as swimming pools, gyms, parks and playground equipment. However, most of these condominiums are found in the outskirts or in provincial areas such as those found in Tagaytay.

Although it puts people on the disadvantage, particularly when entering a city, these types of condominiums does provide a more comfortable living space compared to the busy living in the city.

Popular Types Of Residence Other Than A House

There are many types of house for sale Philippines today. Other than the typical house, townhouses and condominiums have also became very popular for many Filipinos. According to many Filipinos, there are several reasons why townhouses and condominiums became popular in the market. Majority of which are those that a typical house couldn't possibly provide. So what are the advantages of owning a condominium or a townhouse rather than owning a typical house?

Advantages of townhouses
Other than a typical house, other types of house for sale Philippines such as a townhouse have also become very popular for many Filipinos, particularly for the wealthy. Other than those townhouses found in urban areas, which are typically rows of similar houses, townhouses have also been found in large and luxurious complexes. These types are known as a townhouse complex.

Townhouse complexes are some of the most luxurious types of house available in the Philippines. The difference of townhouse complexes from other types of townhouses is that these are usually found in provincial areas or in the outskirts. This is because these types of residential spaces require a large amount of space for their luxurious amenities.

One popular advantage of townhouses other than its luxury is its amenities. Aside from its high security, townhouse complexes are also known for their resort facilities such as swimming pools, gyms, parks and playground equipment. However, most of these townhouses are only suitable for the wealthy mainly because of its cost, which is usually more expensive than houses.

Advantages of condominiums
Ever since condominiums were introduced into the market, these types of house for sale Philippines have quickly become very popular for many Filipinos. The main advantage of owning a condominium is its affordability. Compared to buying a house or a townhouse, Filipinos could easily enjoy the same luxurious living of a townhouse for a fraction of its cost.

Another advantage of owning a condominium is its location. Most condominiums today, particularly a condominium building, is found near business and commercial districts. This allows its residents to be within walking distance or mass transit distance from business and industrial areas of the city, yet still retains its luxury.

Other than its location, condominiums have also been known for their amenities. Similar but more affordable than townhouse complexes, most condominium complexes are known for their amenities such as swimming pools, recreational areas, and more.

Thursday, March 11, 2010

House & Lot For Sale by Ayala Land - Real Estate in the Philippines

Luxurious Living Spaces

Other than a simple house, many have also taken a liking to living in a condominium unit, or in a townhouse, or even in an apartment. So what does these other types of residential real estate have that a house doesn't possess?


Looking to buy some house in the Philippines? Well aside from houses, there have also been other popular types of residential real estate in Philippines. Other than a simple house, many have also taken a liking to living in a condominium unit, or in a townhouse, or even in an apartment. So what does these other types of residential real estate have that a house doesn't possess?

Townhouse
There are many types of residential real estate in Philippines. There are those which are known for their luxury and there also those which are only known for its simplicity. For townhouses, luxury is the only defining term that many use. There are different types of townhouses found in the Philippines today. There are those which are found in urban areas and there are also those found in large, luxurious complexes.

Townhouses in urban areas are known to provide luxury because of its appearance as well as with its location, mostly found near business and commercial districts. However, one of the most popular type of townhouse are those found in large complexes. Townhouse complexes are not only popular for its luxury, but also because of its amenities such as swimming pools, recreational areas, parks, gyms, and many more.

Condominiums
Condominiums are one of the most popular residential real estate in Philippines today. What made it popular is because of its affordability. Compared to buying a whole house or a townhouse, Filipinos could enjoy a luxurious living for a portion of its cost. There are two types of condominiums, the condominium building and the condominium complex.

Condominium buildings are usually those found near or inside a big city, such as in Makati City. This allows residents to be within walking distance to or mass transit distance to their work place, allowing them to avoid rush hour. For condominium complexes, these types of condominiums are known for their luxury which is similar to that of townhouse. Condominium complexes are known for their amenities such as a swimming pool or a park as well as with their high security.

Apartments
Aside from condominiums and townhouses, apartments are also known to provide their own luxury. Other than the studio type or the one-bedroom apartments, garden apartment complexes have also become very popular in the market. These types of apartments usually consists of low-rise apartment buildings built with landscaped grounds surrounding them.

The apartment buildings are often arranged around courtyards that are open at one end. A garden apartment has some characteristics of a townhouse: each apartment has its own building entrance, or just a few apartments share a small foyer or stairwell at each building entrance. Unlike a townhouse, each apartment occupies only one level. These types of apartments, however, are rare in the Philippines and only the wealthy could usually afford such an apartment.

Advantages And Disadvantages Of Different Types Of Houses

Each type of housing in the Philippines has their advantages and disadvantages over the other. This is the reason why Filipinos have different opinions regarding their choice of residence. So what are the advantages and disadvantages of living in one of these types of housing in the Philippines?


There are many types of residential philippine real estate available in the market today. These include the typical house, townhouses, and condominiums. Each type of housing has their advantages and disadvantages over the other. This is the reason why Filipinos have different opinions regarding their choice of residence. So what are the advantages and disadvantages of living in one of these types of housing in the Philippines?

Houses
Owning your own house can be very beneficial, especially compared to renting an apartment. Having your own house gives you the right to modify the building and land as you please, although this may sometimes be subject to government, homeowner association, and deed restrictions. Having your own house also protects you from eviction as well as the right to occupation which can be inherited. However, there are several disadvantages to owning a house.

The house you own as well as the land it sits on is usually very expensive, which is why many Filipinos would rather rent an apartment than buy a whole house. There is also the combination of monthly mortgage, insurance, and property tax payments which is normally greater than monthly rental costs. Compared to tenancy, owner-occupiers are sometimes seen as more responsible toward property maintenance and community concerns, since they are more directly affected.

Townhouses
Townhouses are one of the most popular types of residential philippine real estate available in the market. One popular trait of townhouses in the Philippines are its luxury. Most townhouses, even in those found in urban areas, are known for their luxurious residence. Townhouses complexes, on the other hand, are known to offer different kinds of amenities such as swimming pools, gyms, recreational parks, and many more. The only disadvantage of townhouses is its cost.

Most townhouses available in the market today are known for their expensiveness. Usually, townhouses are known only for the wealthy. Another is that residents are now allowed to modify the exterior of their townhouses. Although each townhouse is individually owned, changes on the exterior of their townhouse is normally not permitted.

Condominiums
Condominiums are among of the most popular residential philippine real estate today. What made it popular was because of its affordability compared to buying a townhouse or a simple house. There are two types of condominiums available in the market today, each having their own advantages and disadvantages. These are the condominium buildings and condominium complexes.

Condominium buildings are popularly known for their locations. The advantage of owning a unit from a condominium building is that it allows you to be within walking distance or within mass transit distance from major business districts and commercial areas. However, most of these condominiums are expensive and that they only offer residence as well as little luxury near business districts.

Condominium complexes, on the other hand, is known for its luxury and amenities which are only found in expensive townhouse complexes. For a fraction of the cost of owning a townhouse, residents could easily enjoy its amenities. However, most of these condominiums are found outside of a city, particularly in provincial areas. This makes it harder for residents to enter a city, especially because of rush hour. But it does provide the luxury not found inside a big city.

Types Of Apartments In The Philippines

There are several types of apartments available in the Philippine market today. Some of the most popular the studio type apartments and the one-bedroom apartments. So what makes these types of apartment popular for many Filipinos?


Aside from condominiums and townhouses, apartments have also been one of the most popular highly in demand type of residential Real estate Philippines. Part of what made it popular is because of its affordability compared to other forms of housing. Although condominiums have recently become very popular among many Filipinos, from the wealthy to the middle class, apartments are still in demand because of its efficiency.

There are several types of apartments available in the Philippine market today. Some of the most popular the studio type apartments and the one-bedroom apartments. So what makes these types of apartment popular for many Filipinos?

Studio type apartments
The studio type apartments is one of the most popular types of apartments in the Philippines. According to many Real estate Philippines experts, the studio type apartment tend to be the smallest apartments with the cheapest rents in a given area. It usually consist of one large room which is a combination of living room, bedroom, and dining area. The bathroom, however, is often in its own smaller room.

Because of its size, studio type apartments are usually not appropriate for people with family, even a small one. This type of apartment, however, is perfect for non-married people, such as students and laborers. It can also be a perfect start for newly weds or for couples. And because of its affordability, Filipinos could easily find residence in major parts of the Philippines.

One-bedroom apartments
Moving up from studio apartments are the one-bedroom apartments. These types of apartments is slightly larger than the studio type apartment, typically because one bedroom is separated from the rest of the unit. What made it popular is that its price isn't as significant compared to studio type apartments while tenants could enjoy their privacy from the rest of the room.

Aside from the one-bedroom apartments, there is also the two-bedroom and three-bedroom apartment which is larger than the next. These types of apartments, however, are much more expensive than the smaller types of apartments.

Garden apartment complex
Other than the studio type apartments and the one-bedroom apartments, garden apartment complexes have also been a popular residential Real estate Philippines for many Filipinos.A garden apartment has some characteristics of a townhouse: each apartment has its own building entrance, or just a few apartments share a small foyer or stairwell at each building entrance. These types of apartments, however, are usually more expensive.

Advantages Of Condominiums And Apartments In The Philippines

Apartments and condominiums are some of the most popular types of housing in the Philippines today. So what are the advantages of owning a condominium or an apartment rather than any other type of housing in the Philippines?


Condominiums and apartments are some of the most popular types of housing in the Philippines today. According to many philippine real estate experts, apartments have long been recognized in the Philippine market, while condominiums have only been recently introduced in the Philippines yet today is considered as the most sought after residence in the Philippines. So what are the advantages of owning a condominium or an apartment rather than any other type of housing in the Philippines?

Advantages of apartments and condominiums
One apparent reason for its popularity in the market is because of their affordability. Compared to buying a house or a townhouse, buying a condominium unit or renting an apartment unit is much more efficient, particularly with people with not enough capital to buy a whole house. However, other than its affordability, condominiums and apartments are also known for its other advantages. One is with its location.

Most condominiums available in the market today are those found within walking distance or within mass transit distance of major business districts and commercial areas. This makes it easier for residents to avoid rush hour, which is a typical problem in the Philippines. According to many philippine real estate experts, most apartments work the same way, particularly an apartment building. However, there are certain advantages of owning a condominium from an apartment, and an apartment from a condominium.

Advantage of apartments
The advantage of apartments over condominiums is its affordability. This is because apartments are usually rented rather than bought. This makes it easier for Filipinos to find residence without having to worry about investing too much or worrying that they don't have enough capital for it. This, however, could only go as far as giving them a temporary form of residence, not unlike what condominiums can provide.

This, however, could prove advantageous for certain types of people. One example is with the students. Students living from far away, such as in provinces, could find temporary living spaces, such as the studio type apartments which are usually small and cheap.

Advantage of condominiums
The main advantage of condominiums that for the fraction of the usual cost of a house or a townhouse, people could easily benefit from permanence in residence. However, even though its much more affordable than a house or a townhouse, it still cost more than renting from an apartment. Condominiums usually cost around P500,000 Philippine Pesos to P1,000,000 Philippine Pesos, which is still very expensive for most Filipinos.

Although it may still seem expensive, some have found it affordable, particularly if the condominium has amenities such as resort facilities like swimming pools, gyms, parks and playground equipment. According to many philippine real estate experts, for the fraction of a cost, Filipinos could easily enjoy such amenities.

The Good About Condominiums

Condominiums are now considered as one of the most sought after type of housing in the Philippines both by the wealthy and by the middle class. So what makes a condominium popular?


There are many types of residential philippine real estate today, and one of the most popular today are condominiums. Compared to other types of housing in the Philippines, such as apartments and townhouses, condominiums have only been introduced recently in the Philippine market. However, condominiums are now considered as one of the most sought after type of housing in the Philippines both by the wealthy and by the middle class. So what makes a condominium popular?

The good about Condominiums
There are many advantages of owning a condominium. One advantage of owning one is its affordability. Compared to buying a house or a townhouse, condominiums are usually more affordable, normally ranging from P500,000 Philippine Pesos to P1,000,000 Philippine Pesos. However, this would usually depend on its location and the type of condominium. There are currently two types of condominiums available in the Philippines today. The condominium building and condominium complex.

Condominium building
Most condominium buildings available in the market today are those found within walking distance or within mass transit distance from major business districts and commercial areas. These types of residential philippine real estate allows residents to avoid the usual rush hour which a major problem in the Philippines. Prices of condominiums in these places are usually more expensive than other types of condominiums, such as the condominium complexes. However, there are several condominium complexes available in the market today which can cost more than units found in condominium buildings.

Condominium complex
Residential philippine real estate such as Condominium complexes are condominiums most found outside of the city, usually situated in provincial areas such as those found in Tagaytay or in the outskirts. This is because most condominium complexes are large, which is to accommodate amenities such as swimming pools, gyms, parks and playground equipment.

Although condominium complexes put its residents outside major city districts, residents could enjoy the peace and quiet that these types of condominium offer. Though most of these condominiums are expensive, people could easily enjoy such amenities for only a fraction. These types of amenities are usually found in townhouse complexes. Houses do possess some of these amenities. These types of houses, however, are very expensive. Condominium complexes can provide the same luxury for the fraction of the cost.

Thursday, March 4, 2010

Why Other Types Of Housing In The Philippines Became Popular

Townhouses, condominiums, and apartments have also been popular choices for many Filipinos. There are several reasons as to why these types of housing became popular in the market. Here are some of the known reasons why there types of housing became very popular for many Filipinos.


There are many types of residential Philippines property today. Other than the usual house, townhouses, condominiums, and apartments have also been popular choices for many Filipinos. There are several reasons as to why these types of housing became popular in the market. Here are some of the known reasons why there types of housing became very popular for many Filipinos.

Why Townhouses became popular
There are different types of townhouses available in the market today. There are those which are found in urban areas as well as those found in large complexes. Those found in urban areas are very popular because of the scarcity of houses in major cities of Metro Manila. These types are usually luxurious in appearance and most it are expensive. However, the most popular types of townhouses are those found in large complexes.

Townhouse complexes are mostly found in provincial areas. The reason why is because most of these townhouse often have high security, resort facilities such as swimming pools, gyms, parks and playground equipment. However, these types of condominiums are very expensive, even more expensive than houses, which is usually to accommodate the wealthy.

Why Apartments became popular
One reason why apartments became one of the most popular type of residential Philippines property was because of its affordability. Compared to buying a house, townhouse, or even a condominium, people could easily find residence in apartments. However, the only disadvantage of apartments is that it can only provide temporary residence, basically because apartments are usually rented or leased to tenants. This, however, can work as an advantage for most cases.

One example of its advantage are with students. Students who lives in provinces can rent a studio type apartment, which is usually the smallest type of apartment and the cheapest, and leave once classes have ended. For a more permanent type of apartment, there are those that offer a one-bedroom or two-bedroom apartment which can be rented by families.

Why Condominiums became popular
One of the popular residential Philippines property available in the market today are condominiums. One reason for its popularity is its affordability. Unlike townhouses and houses, Filipinos could easily invest on condominiums which can cost half or more than half the usual cost of these types of housing. Although apartments tend to be more affordable, condominiums can offer a more permanent residence with little capital compared to townhouses and houses.

Another advantage of condominiums is its location. Most condominiums today are found near or inside major business districts and commercial areas. This allows it to be within walking or mass transit distance of business and industrial areas of the city.

Advantages Of Condominiums In the Philippines

Currently, there are two types of condominiums available in the Philippine market. These are the condominium buildings and the condominium complex. Each type has their own advantages over the other. So what are their advantages?


Condominiums are some of the most popular types of housing in the Philippines today, particularly in major cities such as in Makati City, Manila, and Quezon City. According to many Filipinos, condominiums have advantages that other types of housing does not, such as apartments, houses, and townhouses. So what are the reasons why condominiums are very popular in the Philippine market?

Currently, there are two types of condominiums available in the Philippine market. These are the condominium buildings and the condominium complex. Each type has their own advantages over the other. One example is with its affordability.

Affordability
One apparent reason for its popularity for many Filipinos is its affordability. Compared to buying a house or a townhouse, which would usually cost around P1,000,000 to P10,000,000 Philippine Pesos (depending on the location), condominiums are much more affordable, ranging from half the normal price of a townhouse to as much as buying house.

The cost of a condominium is usually based on its location. Majority of condominium buildings such as as the many makati condo, are much more expensive than those condominiums found near the city or those in the outskirts, such as the condominium complexes.

Location
Another popular advantage of most condominiums are its location. Some of the most popular condominiums are those found within or near major business districts and commercial areas, such as those makati condo buildings. However, there are also those which are found in quiet and peaceful locations such as those found in the outskirts or in provincial areas like those in Tagaytay such as condominium complexes.

Amenities
What made condominiums more popular is its amenities. Amenities such as swimming pools, gyms, recreational areas as well as playground equipments are usually found in townhouse complexes. Although there are houses which are known for one of these amenities, such as a swimming pool, buying a house with such luxury is usually very expensive. With condominium's affordability, people could easily enjoy such luxuries without having to invest too much capital in it.

However, not all condominiums can provide such luxuries. Most condominiums buildings, such as those makati condo, doesn't have any amenities, aside from its high security. Condominiums that do have these types of amenities are those found in large complexes, which are usually located in the outskirts. But there are a few condominium buildings that has their own amenities, such as a gym or an indoor swimming pool.

A Further Look At Residential Properties In The Philippines

Condominiums, townhouses, and houses are some of the most popular types of housing in the Philippines today. Although all of these can provide permanence in terms of residence, each of these types of housing has their own advantages and disadvantages.


There are many types of Philippines property for sale in the Philippines. Some of which are residential spaces such as townhouses, condominiums, and the usual single-family detached home or simply known as a house. Although all of these can provide permanence in terms of residence, each of these types of housing has their own advantages and disadvantages. So what are the advantages and disadvantages of owning a any of these types of housing?

Advantages and disadvantages of owning a houses
The advantage of owning your own house is that you have every right to modify the building and land as you please, although some maybe subject to government, homeowner association, and deed restrictions. Unlike tenancy, which is usually the case with apartments, owning your own house protects you from eviction. It also creates a right to occupation which can be inherited. However, there are several disadvantages to owning a house rather than owning a condo unit or a townhouse.

One disadvantage of owning a house is that the house and the land it sits on are usually very expensive. This depends on its location. Those found in Manila are usually more expensive typically because of its accessibility to major schools in the country as well as major cities and business districts. Those found in the outskirts are usually more affordable. The disadvantage, however, is that these puts its residents in location far from business and commercial districts.

Advantages and disadvantages of owning a townhouse
One major advantage of townhouses is its luxury. Most townhouse Philippines property today are found in large complexes complete with high security as well as resort facilities such as swimming pools, gyms, parks and playground equipment. These types of amenities are hard to come by when looking for a house.

The disadvantage of townhouses, however, is its cost. Townhouses found in these complexes are usually very expensive. Some of which are usually more expensive than buying a house. Some have even said that townhouses are usually only for the wealthy. Another disadvantage is its location. Most townhouse complexes are found in the outskirts, so as to offer peace and relaxation to its residents. However, this made it much harder for residents to get to work.

Advantages and disadvantages of owning a condominium
Condominiums are one of the most popular types of housing as well as one of the most popular Philippines property today. What made it popular is that it can provide the same luxury found in townhouses with only a fraction of its cost. There are two types of condominiums today, there are the condominium building and condominium complex.

Condominium buildings are usually found near or inside major business districts. This allows its residents to be within walking distance or mass transit distance of business and industrial areas of the city. The disadvantage of this type of condominium is that it lacks the luxury that most condominium complexes can provide.

The advantage of owning a condo unit in a condominium complex is its amenities such as those similar with townhouse complexes. The disadvantage of these, however, is that these types of condominiums are found outside of cities.

Monday, March 1, 2010

Pros And Cons Of Every Type Of Condominiums In The Philippines

Many Filipinos have come to consider living in a condominium basically because of several advantages or benefits that the other types of housing cannot provide. So what are the reasons why condominiums became so popular in the Philippines?


Condominiums is one of the of the most popular types of housing in the Philippines today. Many Filipinos have come to consider living in a condominium basically because of several advantages or benefits that the other types of housing cannot provide. So what are the reasons why condominiums became so popular in the Philippines?

Why condominiums are popular
One apparent reason why condominiums became popular is because of its affordability. A condominium unit would usually cost around half the usual cost of a house or a townhouse, ranging from P500,000 Philippine Pesos to P2,000,000 Philippine Pesos. Although not as affordable as renting an apartment, buying a condo unit allows its people to achieve a more permanent residence than that of apartments.

Other than its affordability, there are other advantages to owning a condominium. However, this greatly depends on the type of condominium. Currently, there are two major types of condominiums available in the Philippines market today. One is the condominium building while the one is a the condominium complex.

Advantages and disadvantages of condominium buildings
Condominium buildings are usually found near or inside major business districts and commercial areas. The advantage of owning a unit from a condominium building is that it allows its residents to be within walking distance or mass transit distance to their work place or commercial areas, such as those found in Makati City.

The disadvantage, however, is that it can't provide the same luxury which is usually found in condominium complexes. So what are these advantages that made condominium complexes popular?

Advantages and disadvantages of condominium complexes
Unlike the condominium buildings, almost all condominium complexes has amenities which are usually not available when buying a house, or usually found in expensive townhouse complexes. Amenities include resort facilities such as swimming pools, gyms, parks and playground equipment. However, the disadvantage of condominium complexes is that most of these are found outside cities, mostly in the outskirts or in provincial areas such as those found in Tagaytay.

Although this made it harder for residents to get back to the city, especially because of rush hour, it did provide a way for residents to enjoy a life outside of the busy streets of a city. However, according to several philippine real estate experts, there are some condominium buildings that could provide a small amount of amenity, such as indoor swimming pools and gyms.

Popularity Of Apartments In The Philippines

There are many reasons as to why apartments are still very popular in the Philippines. One common reason is its affordability over other types of house. However, other than its affordability, apartments are also known for its advantages for specific situations.


Condominiums are considered as one of the most popular types of housing in the Philippines today. However, other than condominiums, apartments have also been a very popular type of housing for many Filipinos. Although condominiums have grown very popular among many Filipinos, there are still those that still prefer to live in an apartment before moving to buying a house.

There are many reasons as to why apartments are still very popular in the Philippines even though there are condominiums available in the market. One apparent reason for its popularity in the market was because of its affodability. Compared to buying a house, a townhouse, or a condominium which would require a lot of investment, people could easily find a sense of residence with just a little amount of capital. This is because apartments are usually rented rather than bought.

However, other than its affordability, apartments are also known for its advantages for specific situations. This is the reason why there are many types of apartments available in the Philippine market. One example is with the studio type apartment.

Studio type apartments
Studio type apartments are considered as the smallest type of apartment with the cheapest rents in a given area. According to many Real estate Philippines experts, these kinds of apartment usually consist mainly of a large room which is the living, dining, and bedroom combined. There are usually kitchen facilities as part of this central room, but the bathroom is its own smaller separate room.

Studio type apartments are usually not appropriate for families with 2 or more children because of its size. These types of apartments, however, are more appropriate with students or non-married individuals. Students usually benefit from apartments, particularly those near their schools or campuses.

Other than the studio type apartments, there are also types of apartments which are perfect for smaller families. According to Real estate Philippines experts, these types of apartments are known as the one-bedroom apartments.

One-bedroom apartments
Moving up from the efficiencies are one-bedroom apartments, in which one bedroom is separate from the rest of the apartment. Its advantage is its size, which is larger than studio type apartments. Most one-bedroom apartments could accommodate a family with children. However, there are also the two-bedroom, three-bedroom, etc. apartments which are much more spacious.

Garden apartment complexes
This type of apartment is similar to that of townhouses in terms of appearance as well as surrounding. A garden apartment complex consists of low-rise apartment buildings built with landscaped grounds surrounding them. According to Real estate Philippines experts, a garden apartment has some characteristics of a townhouse: each apartment has its own building entrance, or just a few apartments share a small foyer or stairwell at each building entrance. However, unlike townhouses, each apartment occupies only one level.

Advantages And Disadvantages Of Owner Occupancy And Tenancy

The main difference of owner occupancy and tenancy are its form of ownership. However, other than the type of ownership, there are also other differences between owner occupancy compared and tenancy. This involves its advantages and disadvantages.


In residential real estate, housing tenure is one of the most widely used term to describe a form of ownership. There are many types of housing tenure used in the industry, the most while frequently used are the owner occupancy and tenancy. So what are the difference of owner occupancy compared to tenancy?

The main difference of owner occupancy and tenancy are its form of ownership. According to many philippine real estate experts, owner occupancy involves an individual or group of people that owns a house and the land which it sits while tenancy involves rents paid to land lord. There are several other differences of owner occupancy and tenancy. These involves its advantages and disadvantages.

Advantages and disadvantages of owner occupancy
Compared to tenancy, home ownership gives occupants the right to modify the building and land as they please, although sometimes this is still subject to government, homeowner association, and deed restrictions. Owner occupancy also protects them from eviction, and creates a right to occupation which can be inherited. In some jurisdictions, it also confers certain legal rights with regard to abutters. However, houses and the land they sit on are usually expensive.

Owner occupancy involves a lot of investment, from the house itself as well as the land it sits on. Combined with monthly mortgage, insurance, and property tax payments, the cost of owner occupancy is greater than monthly rental costs. According to many philippine real estate experts, buildings may also gain and lose substantial value due with real estate market fluctuations, and selling a property can take a long time, depending on market conditions. This can make home ownership more constraining if the homeowner intends to move at a future date.

Advantages and disadvantages of tenancy
Tenancy or commonly known in the industry as leasehold estate is a form of ownership in which a lessee or a tenant holds real property by some form of title from a lessor or landlord. The advantage of leasehold estate or tenancy over owner occupancy is its affordability. For a small amount of capital, people could easily find a place of residence. Mortgage and taxes aren't also the a problem for most tenants. However, there are several adverse effects to tenancy that many people have criticized about.

According to many philippine real estate experts, tenants have to pay the landowner even though they are doing all of the agricultural work. In a sense, it is a cycle where the tenant is never really able to become a landowner because they constantly have to pay the landowner, as well as other expenses. If a crop does not flourish, the tenant will still have to pay for the use of the land. The landowner, since he is ultimately owner of the land, also can have a say in what the tenant uses the land for or what he can or cannot grow.

Advantages Of Buying A Condo Unit, Townhouse, Or an Apartment

Some of the most popular types of housing in the Philippines today are townhouses, apartments, and condominiums. So what are its advantages which made it popular in the market?


There are many types or residential Real estate Philippines today. Other than the usual house, other types of houses such as townhouses, apartments, and condominiums have recently become very popular for many Filipinos. Part of what made these types of housing popular was because of its several advantages compared to the usual house. So what are its advantages which made it popular in the market?

Townhouses
Townhouses are one of the oldest forms of housing in the Philippines. Some of the oldest types of townhouses are found in urban areas. Today, however, most townhouses are found in large complexes. This is what made townhouse more popular in the market, its luxury which is popular with the wealthy.

Most townhouses in the Philippines today are found in large complexes which is usually complete with high security as well as resort facilities such as swimming pools, gyms, parks and playground equipment. However, these types of townhouses are usually too expensive. Other types of townhouses such as those found in urban areas can be as affordable as buying a new house.

Apartments
One obvious reason why apartments are one of the most popular types residential Real estate Philippines is because of its affordability. Compared to buying a house or a townhouse, people could easily find residence by renting an apartment. One popular type of apartment are the studio type apartment. Studio types are considered a the smallest types of apartment in the market but with the lowest price.

Other popular types of apartments in the Philippines are the one-bedroom apartments in which a bedroom is separate from the rest of the unit. This type of apartment, however, is much more expensive than that of studio types but are more spacious and that a room is separate from the rest of the unit. The only disadvantage of apartments is that it gives little sense of residence because the ownership of their house or unit still lies with its landlord.

Condominiums
One of the most sought after types of residential Real estate Philippines are condominiums. What made it popular is that most condominiums can provide the luxury such as that of townhouses but with little investment. Compared to buying a townhouse or a house, condominiums are usually more affordable, ranging from half the usual price of townhouses or houses yet provide the same luxury found in townhouse complexes.

Another advantage of most condominiums are its location. Some condominiums are popularly found inside a city, such as those found in Makati City. This allows residents to be within walking or mass transit distance of business and industrial areas of the city, yet provide the same luxury.