Wednesday, April 28, 2010

Other Types Of Housing Tenure

Owner occupancy and tenancy are some of the most frequent types of housing tenure. However, throughout the years, new types of housing tenure was introduced in the market. Some of the new types of housing tenure include: cooperative housing, condominium, public housing, and squatting.


In housing tenure, owner occupancy and tenancy are considered as some of the most frequently used types which is used to describe the type of ownership an occupant has on any type of housing. However, other than owner occupancy and tenancy, a number of new types of housing tenure have also been introduced in the industry which are basically modified types of owner occupancy and tenancy.

Other types of housing tenure
What is housing tenure? Housing tenure refers to the financial arrangements under which someone has the right to live in a house or apartment. According to a number of philippine real estate experts, the most frequent types of housing tenure are tenancy in which rent is paid to a landlord, and owner occupancy.

However, throughout the years, new types of housing tenure was introduced in the market. Some of the new types of housing tenure include: cooperative housing, condominium, public housing, and squatting.

Cooperative housing
Cooperative housing is a type of housing tenure in which a legal entity, such as a corporation, owns a type of real estate which consist of one or more residential buildings. According to many philippine real estate experts, each shareholder of a corporation has the right to occupy a unit in a cooperative housing (this is usually subject to occupancy agreement) which is similar to an apartment. A shareholder in a co-op does not own real estate, but a share of the legal entity that does own real estate.

Condominium
Also known as commonhold or strata title, a condominium is a type of apartment in which each unit is individually owned (which is different with apartments) while the rest of the building or complex are jointly owned. Condominiums and apartments are similar in physical form but different in ownership. Apartments are typically rented or leased by a landlord while condominiums are owned by its occupants (though a unit owner can rent or lease their unit to another as an apartment).

Public housing
A type of housing which is under the management of the government. These types of housing are usually used to relocate the residents of a squatters area to a more pleasing area, complete with proper sewage system. According to many philippine real estate experts, a public housing can also be managed by not-for-profit organizations. Although some of these are free, some public housing or government housing are rented or leased to tenants, but for a more affordable price.

Squatting
Believed to be the first kind of housing tenure, it involves occupying an abandoned real estate, may it be a building or a house, without the permission of its land owner. In many of the world's poorer countries, there are extensive slums or shanty towns, typically built on the edges of major cities and consisting almost entirely of self-constructed housing built without the landowner's permission.

Advantages And Benefits Of Condominiums, Apartments, And Townhouses

Advantages and benefits of condominiums, townhouses, and apartments include its location, luxury, amenities, and more particularly with its affordability. So which of these types of housing, condominiums, townhouses, and apartments, are known for these kinds of advantages and benefits?


Condominiums, townhouses, and apartments are some of the most popular types of housing in the Philippines today. A number of Filipinos have come to choose living in these types of housing rather than the typical house mainly because of several advantages and benefits that they can gain through these other types of housing.

Advantages and benefits of these types of housing include its location, luxury, amenities, and more particularly with its affordability. So which of these types of housing, condominiums, townhouses, and apartments, are known for these kinds of advantages and benefits?

Location
In terms of location, condominiums and apartments are known for their benefits. According to many Philippines homes experts, most condominiums available in the market today are found in major cities, such as in Makati and in Ortigas. Being in these locations, condominiums are known to provide their residents the luxury of accessibility to major business districts as well as commercial areas.

Other than condominiums, a number of apartments have also been cited in these locations. The advantage, however, is that apartments are usually more affordable because rather than bought which is the case for condominiums.

Luxury
In terms of luxury, condominiums and townhouses rises above the rest. Condominiums have first been known for its luxurious and stylish exterior and interior designs while townhouses have long been known for this. The advantage of condominiums, however, is its affordability compared to townhouses. Townhouses, on the other hand, is larger than condominiums which makes it more family-oriented.

Amenities
For amenities, condominiums and townhouses are also known for such benefits. Other than the condominiums found in the city, a number of new condominiums have also been found in quiet areas, such as in Tagaytay, Marikina, Taguig, and Novaliches. According to many Philippines homes experts, these types of condominiums are known as condominium complexes.

Condominium complexes and townhouse complexes are similar in terms of amenities, such as a swimming pools, gyms, and recreational areas. The advantage, however, is that condominium complexes are far more affordable than townhouse complexes.

Affordability
Condominiums and apartments are known for its affordability. Compared in the past, condominiums have become more affordable, allowing the middle class to enjoy a life known for the wealthy. Although there are condominiums that cost more than the worth of a whole house, the advantage is that these types are mostly found within cities or those found in luxurious complexes.

However, in terms of affordability, apartments are more popular than condominiums. This is because apartments are rented or leased rather than bought, allowing Filipinos to find residence without having to invest too much. However, according to many Philippines homes experts, the disadvantage is that apartments doesn't protect its residents from eviction.

Advantages Of Condominiums Compared To Other Types Of Houses

Many Filipinos have come to choose to live in a condominium rather than in a townhouse, an apartment, or even the typical house. According to many Filipinos, this is due to the condo's popularity in terms of luxury as well as its many benefits that other types of housing lacks.


Townhouses and apartments, other than the typical house, were some of the most popular types of housing in the Philippine before condominiums were introduced. However, many Filipinos have come to choose to live in a condominium rather than in a townhouse, an apartment, or even the typical house. According to many Filipinos, this is due to the condo's popularity in terms of luxury as well as its many benefits that other types of housing lacks.

Advantages of condominiums from townhouses and apartments
Townhouses were one of the most popular types of housing in the Philippines. This is due to the luxury as well as with its lustrous exterior and interior designs. However, in terms of luxury in today's trends, condominiums have risen above townhouses. The one thing that made condominiums popular in the past is because of its luxurious and chic designs, perfect for the needs of the wealthy.

Because of its popularity, its demand increased which also led to the increase of condo manila. Because of this rapid increase, a number of condominiums dropped their prices to compete in the market, which marked the start of condominium's affordability.

Today, condominiums are not only known for their luxury, but also because of their affordability. A number of new condo manila have become available not only for the wealthy but also for the middle class of society. This is another advantage of condominiums over townhouses. However, in terms of affordability, apartments are still known for its affordability.

Apartments became affordable because it allowed Filipinos to have a suitable residence without having to invest too much in buying a house. However, the advantage of condominiums is, like many other types of housing other than apartments, that it can provide a more permanent sense of residence. And because of its significant drop in price, Filipinos can easily invest in living in a condominium rather than in an apartment.

A new condo
Other than the usual condominium seen in cities such as the many condo manila, a number of condominiums are now available in a more quiet place such as in provincial areas. These types of condominiums are known as condominium complexes. Condominium complexes are similar with townhouse complexes in terms of its wide expanse of land as well as its amenities such as swimming pools, gyms, and recreational parks. The differenced is with its cost in which condo units in a condominium complex are far more affordable than townhouse complexes.

Sunday, April 25, 2010

Benefits Of Condominiums

A condominium's popularity is fueled not only because of its luxurious and chic exterior and interior designs, but also because of the numerous benefits that resident have had with condominiums. So what are the things that made it popular?


Condominiums are some of the most popular types of housing in the Philippines today. Its popularity is fueled not only because of its luxurious and chic exterior and interior designs, but also because of the numerous benefits that resident have had with condominiums. So what are the things that made it popular? And what are the advantages of living in a condo rather than in any other types of housing?

Benefits of condominiums
Other than its luxurious and stylish appearance, condominium units have also become a very popular type of housing in the Philippines mainly because of its benefits and advantages. One apparent advantage of condominiums is its location.

Location
Most condominiums are found in major business districts as well as commercial areas, such as the many makati condo. Being in these locations, residents are given the luxury to be within walking distance of mass transit distance to their workplaces. This also allowed them to avoid rush hour which is still a problem in many countries.

Condominium complexes
Other than the city condos, such as the many makati condo, many condominiums of today have also been found in quite locations such as in provincial areas like Tagaytay or in the outskirts such as in Novaliches, Taguig, and Marikina. These types of condominiums are mostly known as condominium complexes. Similar to townhouse complexes these types are found in a more quiet and peaceful place, which is a perfect location for many of those that wishes to avoid the noise of the city.

Affordability
Another popular advantage of most condominiums today is its affordability. Due to the rapid increase of condominiums in the city, such as the growing numbers of makati condo, most condominiums have dropped their price to compete in the growing market. This is the reason for its significant drop in price, making it more affordable not only for the wealthy.

Amenities
Another popular advantage of condominiums is because of its amenities. Most condominium complexes have amenities which is an advantage for its residents. This includes swimming pools, gyms, and recreational parks. These types of amenities are usually found in townhouse complexes. The advantage, however, is that townhouse complexes are expensive while condominium complexes are more affordable.

Advantages Of Houses From Condominiums

Although condominiums have become very popular among many Filipinos, particularly because of its luxurious lifestyle, many are still opting and wishing to buy their own house in the suburbs or in subdivisions. So what are the things that still makes houses popular compared to condominiums?


Houses are some of the most popular types of residential real estate in any country, such as in the Philippines. Although condominiums have become very popular among many Filipinos, particularly because of its luxurious lifestyle as well as its affordability (for some condominiums), many are still opting and wishing to buy their own house in the suburbs or in subdivisions. So what are the things that still makes houses popular compared to condominiums?

Family-oriented
In terms of being family-oriented, owning Philippine homes is still known to provide the right environment for growing children. Many of today's condominiums are found in bit cities and commercial areas. These types of condominiums are usually appropriate for people working around the clock and needs to be within reach of their workplace.

However, the disadvantage of this is that most of these condominiums are not appropriate for a growing family, typically because of its small unit (although there are larger units, but the cost can be significant from houses) as well as its environment.

Most Philippine homes are situated away from these locations, in a more quiet and peaceful place. Another is that houses are usually large, large enough to accommodate 4-5 residents.

Another reason why some condominiums are not appropriate for growing children is because some of these condominiums are known to restrict the number of tenants in a unit as well as restrict children in their buildings.

No monthly fees
Other than electric and water bills, condominium owners are usually obligated to pay a fee which is usually used to maintain their condominium's livability as well as for its security. Buying a house, however, doesn't include such fees.

Freedom to modify
Another advantage of most Philippine homes from condominium is its freedom to modify their residence. Condominiums, though allow their residents to modify the exterior (this may go through several approval before it can be made), modifying the exterior of the condominium or the land it sits on is restricted. This is because residents owns their units only, while the rest of the condominium is jointly owned. Owning a house, on the other hand, gives its owner the right to modify their house from exterior to interior modifications as well as the land it sits on.

The Good About The Other Types Of Housing

Aside from the typical house, townhouses, apartments, and condominiums have also become popular for many Filipinos. This is because of the many benefits that these other types of housing can provide that living in a typical house cannot. So what are these advantages?

There are a lot of types of Philippines homes in the market today. Aside from the typical house, townhouses, apartments, and condominiums have also become popular for many Filipinos. This is because of the many benefits that these other types of housing can provide that living in a typical house cannot. So what are these advantages and benefits that allowed these types of housing to become in-demand?

Advantages of Townhouses
Townhouses are some of the oldest types of housing in the Philippines. Before the introduction of condominiums, which are considered today as one of the most in-demand type of housing, townhouses have been known for its luxurious living experience. Today, townhouse are still known for the same luxury and style, although several new types of townhouses have been introduced.

Popular types of townhouses today are townhouse complexes. These types of townhouses are known for their location, luxuries, as well as with its amenities. Compared to other types of Philippines homes, such as those found in the suburbs, townhouse complexes are mostly found in a much peaceful place, in a wide expanse of land, such as in provincial areas. These types of townhouses can provide amenities and luxuries that other types of townhouses can't provide such as exclusive swimming pools, gyms, and other recreational areas.

Apartments
Similar to townhouses, apartments have long been recognized in the Philippines. The reason why it became popular is because of its affordability, which made it easier for a lot of Filipinos to find a suitable housing without having to invest too much on it. Popular types of apartments are the studio type apartments. According to a number of experts, the studio type apartment is considered as smallest apartments with the cheapest rents in a given area.

Another popular type of apartment are the one/two/three-bedroom apartments. These types are larger than the studio type in which one/two/three bedroom/bedrooms are separated from the rest of the room whereas the studio type apartments doesn't have any separate room which could work as a bedroom.

Condominiums
Compared to any other types of Philippines homes, condominiums have only been recently introduced. It was introduced as a way to accommodate the need for new types of housing in the Philippines. The reason for its popularity, particularly in today's trends is because of its luxury not only with its style and designs but also because of its location.

Most condominiums are found in major business districts as well as commercial areas. Being in this locations, residents are given the luxury of living close to their workplaces, allowing them to avoid rush hour, while enjoying the luxury of living in a private home.

Why Condominiums Became Popular In The Philippines

There are many reasons as to why condominiums became popular in the market. According to a number of Filipinos, condominiums are known for their benefits that other types of housing, such as the typical house, lacks which makes it popular and beneficial.


Aside from the typical house which is still a very popular type of housing in the Philippines, condominiums have also become popular for a number of Filipinos. There are many reasons as to why condominiums became popular in the market. According to a number of Filipinos, condominiums are known for their benefits that other types of housing, such as the typical house, lacks which makes it popular and beneficial.

Condominiums and its advantages
Compared to other types of housing such as townhouses and apartments, condominiums have only been recently introduced in the market, yet gained substantial popularity across the Philippines, allowing it to become as one of the most popular types of houses next to the typical house.

It was introduced in the Philippines to accommodate to the growing demand of new types of housing. However, other than just housing, condominiums are known for other benefits which made it more popular. One apparent advantage of most condo manila is its location, which is usually found in major business districts such as in Makati and Pasig City, as well as in popular commercial areas.

Another reason why condominiums became popular is with its amenities. Although not all condominiums are known for its amenities other than its location, a number of new condominiums today such as condominium complexes are known to provide a number of new features that other condo manila don't have, such as its amenities.

Condominium complexes
Condominium complexes are a type of condominiums which is different from conventional condo manila, particularly with its cost as well as with its location. Most condominium complexes are found in provincial areas, which made it popular for people who wanted to escape the noise of the city. However, one thing that made it popular is with its amenities which is usually not found in city condos, such as swimming pools, gyms, and other popular recreational areas.

According to many Filipinos, condominium complexes and townhouse complexes are very much similar with each other, particularly with its amenities. However, other than its amenities, townhouse complexes are also known for the same location as well as with the same expanse of land that these types of condominiums are usually found. However, the difference is that condominium complexes are much more affordable than townhouse complexes.

A New Condo

There are a number of new condominiums have been introduced into the Philippine market, and one of these new condominiums are known as condominium complexes. So what is a condominium complex? And what are its difference from the typical condominiums found in the cities?


Because of the popularity of condominiums in the Philippines, a number of new types of condos were introduced in the market to further assist in accommodating the need for more and better condominiums. These new types of condominiums are known in the market as condominium complexes. So what is a condominium complex? And what are its difference from the typical condominiums found in the cities?

Difference of city condos with condominium complexes
Condominium complexes and the usual condominiums, although similar in ownership, are different in terms of physical form as well as its location. Most popular condominiums today are found in major business districts, such as the many towering makati condo, as well as in commercial areas.

The advantage of most makati condo is that it can give its residents the luxury of being within reach of their workplaces as well as popular recreational areas. However, in terms of condominium complexes, these types are known to give different luxuries to its residents.

Condominium complexes, compared to the many towering makati condo, are normally found not in big cities or commercial districts, but mostly in a much quieter and peaceful place such as in provincial areas or in the outskirts. Most condominium complexes in the market today are found in these places, providing a more peaceful living space compared in the city.

However, the disadvantage of these types of condominiums is with its location, which is too far away from workplaces. This makes it harder for residents to get to work compared to living in the suburbs. However, there are several luxuries that made condominium complexes far more popular than city condos. This is with its amenities.

Other than its luxurious location, which is known for its peacefulness and serene environment, condominium complexes are also known for their amenities such as swimming pools, gyms, and other popular recreational facilities that city condominiums normally don't have.

Similarities with townhouse complexes and garden apartment complexes
There are a number of similarities between condominium complexes and townhouse complexes, as well as with garden apartment complexes. One major similarity between these types of housing is with its location, amenities, as well as with its wide expanse of land. The difference, however, is with its ownership as well as the cost.

Wednesday, April 21, 2010

The Good Of Condominiums In The Philippines

Aside from the popular house, many Filipinos have come to live in a condominium. Compared to other types of housing such as townhouses and apartments, condominiums have only been recently introduced yet it gained substantial popularity that made it one of the most sought after type of house in the Philippines.

Many of today's houses for sale Philippines are those found in subdivisions. These types of houses are very affordable compared to the houses in Manila or in Quezon City. This is because these types of houses are usually found in the outskirts, most particularly in Bulacan, Las Pinas, and in other neighboring provinces and cities.

However, aside from these types of housing, a number of new types of houses for sale Philippines have also been made available. Part of this include the newly introduced condominiums. Compared to other types of housing such as townhouses and apartments, which have long been recognized in the industry, condominiums have only been recently introduced.

It was only a few years back when condominiums were introduced in the Philippines, yet it quickly became popular across the Philippines, particularly in Metro Manila. According to a number of experts, the reason why condominiums were introduced to the Filipinos is to provide a new type of housing which is not found in provincial areas. These types of housing can easily accommodate a number of residence within one building. This is the reason why condominiums became popular.

Benefits of condominiums
According to a number of Filipinos, condominiums also became popular because of its benefits compared to the typical house. One benefit of condominiums is its location. Most condominiums found in the Philippines today are found near or within business districts or commercial areas. Popular examples are those found in Makati City and Pasig City, particular in Ortigas.

Being in this location, residents are given not only the luxury of its living space but also the luxury of being within walking distance or mass transit distance to their workplaces, allowing them to avoid the dreaded rush hour. Although located in a busy and noisy street, condominiums can still provide the luxury, peace, and privacy that most houses for sale Philippines are known for.

Other types of condominiums
Other than the condominiums found in the city, a number of new condos have also been introduced which is different to city condos in terms of location. These are condominium complexes. Condominium complexes are similar to townhouse complexes as well as subdivisions in terms of location as well as its amenities. These types of condominiums are usually found in provincial areas. Its amenities include swimming pools, gyms, and other popular recreational areas.

Other Popular Types Of House In The Philippines

Other than the typical house, many other types of housing such as condominiums and townhouses have also become popular in across the country. This allowed Filipinos the freedom to choose the kind of residence that suits their needs.


Many types of Philippines homes have been made available in the market. Other than the typical house, many other types of housing such as condominiums and townhouses have also become popular in across the country. This allowed Filipinos the freedom to choose the kind of residence that suits their needs.

Different types of residence
Because of the growing needs of Filipinos all over the country, particularly in Metro Manila, a number of real estate businesses such as Ayala Land have established a number of new housing to accommodate the fast-paced changing needs of Filipinos in today's trends. Part of these are the introduction of condominiums.

Condominium
Condominiums are one of the most popular types of Philippines homes. Although it was only a few years back that condominiums were introduced in the Philippines, compared to townhouses and apartments, it quickly grew popular across the market. Part of what made it popular for a lot of Filipinos is its luxurious and chic designs as well as with its location.

Most condominiums are found in central business districts or near commercial areas. Aside from its luxurious living space, residents may also have the luxury of being within walking distance or mass transit distance to their workplaces. However, other than in these locations, many new types of condominiums were introduced such as the condominium complex.

Condominium complexes are similar to townhouse complexes in many terms, such as its wide expanse of land, highly secured and exclusive compound, as well as luxurious amenities such as swimming pools, gyms, and many other recreational facilities. The difference from townhouse complexes, however, is its affordability.

Other types of houses
Other than condominiums, other types of Philippines homes such as townhouses and apartments are still popular. Other than townhouses found in the suburbs, a number of townhouse complexes have been founded in many parts of the Luzon. Apartments, such as the one/two/three-bedrooms have become more luxurious, particularly the garden apartment complex which is similar to condominium complexes and townhouse complexes.

The Importance Of Housing Tenure

It is said that the same building made to be a condominium can also be used as an apartment. The difference, however, is with its ownership. While apartments are normally leased or rented to tenants, condominiums are usually owned individually while other facilities are jointly owned. So what is housing tenure?


In residential real estates, the term housing tenure is very important, particularly for differentiating an apartment from a normal house. According to many residential Real estate Philippines experts, that only way to differentiate a house or an apartment is through its ownership, which is its housing tenure.

Condominium buildings are similar with apartment buildings. It is said that the same building made to be a condominium can also be used as an apartment. So how can one differentiate if this building is an apartment or a condominium? Experts typically use the term housing tenure to determine if the building is a condominium or an apartment.

The difference is said to be with its ownership. While apartments are normally leased or rented to tenants, condominiums are usually owned individually while other facilities are jointly owned. So what is housing tenure?

What is housing tenure?
Housing tenure is a term used by experts to determine the type of ownership an individual or group of people have in any type of residential real estate.
Some of the most frequently used types of housing tenure are owner occupancy and tenancy. According to a number of residential Real estate Philippines experts, owner occupancy denotes a type of ownership in which a person who lives in a house that he or she owns. Tenancy, on the other hand, is a type of residence in which a lessee or a tenant holds real property by some form of title from a lessor or landlord.

However, other than owner occupancy and tenancy, a number of new terms have also been developed to determine new types of residential real estates. These include cooperative housing, cooperative housing, condominiums, public housing, as well as squatting.

Cooperative housing involves a type of ownership in which the 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. Condominiums are a type of apartment or house which is assigned to an individual, but common areas are controlled by the homeowners' association.

Public housing, on the other hand, is mostly known by residential Real estate Philippines experts as government housing. These types of housing are normally used by the government to relocate people from a squatter's area. Squatting, in this case, is a type of housing tenure in which an individual or a group of people occupies a type of residential real estate without the permission of its owner.

Popular Condominiums In The Philippines

The number of condominiums in today's market have bloomed so much that Filipinos may now have the freedom to choose on which condominiums they would want to live in. So what is a condominium? And what are its advantages and its types?


What is the best type of residential Philippines property for sale in the market today? There are many types of these residential properties available in the market, majority of which are condominiums. The number of condominiums in today's market have bloomed so much that Filipinos may now have the freedom to choose on which condominiums they would want to live in.

What is a condominium?
Condominium is a type of multi-unit dwelling in which each unit in a floor is individually owned while the rest of condominium such hallways, elevators, stairs, and lobby are jointly owned by all the owners. Condominiums are usually similar with apartment buildings in form and structure. The difference, however, is with its ownership. While condominiums are individually owned, apartments are normally rented or leased to tenants.

Condominiums of today and its types
Compared to other types of residential Philippines property, such as apartments and townhouses, condominiums were only recently introduced in the Philippine market. Although it was only recently, condominiums quickly became popular, particularly with the wealthy. The reason why it quickly became popular is because of its location as well as its luxury.

Most condominiums in the past were found near or within major business districts or commercial areas which allows its residents to enjoy the same luxurious experience they can get from townhouses while living within walking distance or mass transit distance with their workplaces. Because of its popularity, many business firms in the Philippines started to build up their own condominiums all over the country, particularly in Metro Manila.

Because of its steady increase in the market, building new and more luxurious condominiums, the price of owning a condo unit have significantly decreased. While its increase allows Filipinos to choose from a wide variety of condominiums, the competition have also significantly increased which led to other competitors to drop their prices. Although there is a significant decrease of price, the luxury and living experience is still the same.

Another change was the introduction of new condominiums. Other than the condominiums found in cities, many of today's condominiums have also been seen in provincial areas. These types of residential Philippines property are known as condominium complexes, which is a type of condominium similar with townhouse complexes. Such similarities include swimming pools, gyms, and recreational parks.

These types of condominiums are usually more affordable compared to those found in the cities, however, depending on its amenities, these types of condominiums may more than the worth of city condos.

Pros And Cons Of Different Types Of Housing

Condominiums, townhouses, apartments, and houses are known for their advantages and benefits that other types of housing may not achieve. So what are the advantages of living in these types of housing as well as its disadvantages?


What is the best type of Philippines homes in the market? Because of the growing demands for newer and more luxurious types of housing, many establishments, such as Ayala Land Corp., have founded several types of housing that Filipinos could truly enjoy. Some of the most popular ones are condominiums while others are apartments, townhouses, and the typical house.

Each of these types of Philippines homes are known for their advantages and benefits that other types of housing may not achieve. So what are the advantages of living in these types of housing as well as its disadvantages?

Pros and cons of apartments
The one thing that made apartments popular for a number of Filipinos is its affordability. Compared to buying a whole house or a condominium, apartments are typically rented or leased rather than owned. This makes it easier for people to find a suitable type of housing while not investing too much in it.

The disadvantage, however, is that renting an apartment can only give a temporary residence. Renting an apartment is also vulnerable to eviction. However, this disadvantage may also work as a benefit from some, such as with students looking for a temporary residence while studying. Its affordability makes it perfect for students who came from the province.

Pros and cons of townhouses
Townhouses are some of the most popular types of Philippines homes today. What made it popular is because of its luxurious exterior and interior designs as well as its amenities. Townhouses complexes are some of the most popular types of townhouses today which is complete with high security as well as resort facilities such as swimming pools, gyms, and recreational areas. The disadvantage, however, is that these types are too expensive and that only the wealthy is said to be the ones that can afford to buy one.

Pros and cons of condominiums
One of the most popular types of Philippines homes today are condominiums. What made it popular is because of its benefits and advantages. Condominiums can provide the same type of luxury of owning a townhouse while keeping its keeping a reasonable cost. Another popular advantage of condominiums are its location, which is found near business districts, while other are found in peaceful havens such as those found in Tagaytay.

The disadvantage of owning a condominium, however, is its monthly fees as well as its size which is usually not appropriate for larger families. Although there are larger condominium units, these types are usually more expensive.

The Good And The Bad Of Townhouses And Condominiums

Similar to owning a house, townhouses and condominiums can provide the same type of permanence in residence compared to renting an apartment. However, there are several benefits of owning a townhouse or a condominium that makes it popular for many Filipinos. While there also some that makes a house more popular than condominiums and townhouses. So what are these?


There are many types of house for sale Philippines today that Filipinos can freely choose from. Aside from the typical house, many Filipinos have also opted to buying a townhouse or a condominium. So what's about these types of housing rather than buying a house?

Similar to owning a house, townhouses and condominiums can provide the same type of permanence in residence compared to renting an apartment. This gives its owners protection from eviction which is a usual case for renting an apartment. However, there are several benefits of owning a townhouse or a condominium that makes it popular for many Filipinos. So what are these?

The good about townhouses and condominiums
One reason why many Filipinos opted to buying a townhouse or a condominium is because of its luxury. Townhouses are known for their intricate exterior and interior designs while condominiums have long been known for its luxury of location. Although there are townhouses found near major cities or commercial areas, condominiums are mostly known to provide a much luxurious space in the heart of these busy streets.

Many of today's popular condominiums are those found inside major business districts such as in Makati City, as well as those found near commercial areas. These allows its residents to have the luxury of being close to their workspaces, allowing them to avoid the usual rush hour. Townhouses, on the other hand, can provide the luxury of living in a house which can cost more than buying two of these townhouses.

What makes a townhouse more popular is because of its amenities. Other than those townhouses found in the urban areas, there have also been townhouses found in wide open areas, particularly in provincial locations. These types of townhouses are known as townhouse complexes. These types of townhouses offer amenities such as swimming pools, gyms, and recreational parks.

However, other than townhouse complexes, condominium complexes are also known to provide the same amenities that these townhouses complexes offer to their residents. The difference is that condominium complexes are more affordable than buying a unit in townhouses complexes.

The bad
The bad about these types of house for sale Philippines is its cost, particularly townhouses complexes. Although many may have said that majority of house for sale Philippines are more expensive than condominiums, many of today's houses are much more affordable than condominiums, ranging from P800,000 Philippine Pesos to a million.

Another advantage of houses compared to condominiums and townhouses, house owners have the right to modify their houses as they please while those types of housing may not allow such modifications.

Why Houses?

Although condominiums, townhouses, and apartments have become very popular types of housing in the Philippines, there are still a lot of Filipinos that still opts to buy a normal house rather than these types of housing. So what are its advantages?


Condominiums, apartments, and townhouses are some of the most popular types of homes for sale philippines today. However, there are still a lot of Filipinos that still opts to buy a normal house rather than these types of housing. So what are the advantages of buying a house rather than an apartment, a condominium unit, or a townhouse?

Why houses?
Houses or the single-family detached home are considered as the basic type of residential real estate in any part of the world. In the Philippines, although condominiums and townhouses have become very popular, many Filipinos are still opting or wishing to eventually buy a house of their own. So what is its advantage over other types of housing?

One advantage of owning your own house is that it gives its owners every right to modify their house, although this may be subject to to government, homeowner association, and deed restrictions. Although owning a condominium or a townhouse may give the same type of ownership, their rights may only go as far as to protect them from eviction. The right to modify their units may be subject to their policy or to the approval of their committee.

In terms of affordability, houses are more affordable than townhouses, particularly those found in townhouses complexes which could cost to as much as buying a mansion. Compared to condominiums and apartments, houses are more expensive. However, many of today's homes for sale philippines have significantly dropped their prices to as much as the cost of a single condominium, or maybe less. Houses, however, can offer more space.

However, compared to apartments, houses are too much expensive. Apartments offer people a way to have a residence without having to invest too much money in it. This is because apartments are usually rented rather than bought. This, however, can be a disadvantage because tenants only have the right to live in an apartment, may it be a unit or a house, but doesn't have the right to modify any of it, may it be its exterior or interior. Apartments, also, doesn't protect its residents from eviction while owning a house, or a condominium or a townhouse, can provide such protection.

These are the reasons why many Filipinos still opt to buy a house rather than a condominium or a townhouse. And because of the number of new homes for sale philippines, people may have the freedom to choose the type of house they want to live as well as its availability and accessibility in any state of life.

Difference Of Condominiums And Townhouses From Houses

Although condominiums, and townhouses have become popular in the market, many of today's Filipinos are still opting to buy a house and lot of their own. So what is the difference of buying a condominium or a townhouse from buying a typical house and lot?


The number of house and lot for sale Philippines today have significantly increased due to large demand in the market. Although there are other types of housing in the Philippines other than the typical house, such as condominiums, and townhouses, many of today's Filipinos are still opting to buy a house and lot of their own. So what is the difference of buying a condominium or a townhouse from buying a typical house and lot?

Owning a multi-unit dwelling
Condominiums and townhouses are considered in the industry as type of multi-unit dwelling, in which a unit is individually occupied. The difference between condominiums and townhouses is that condominiums involves owning a unit (one or maybe more, depending on the residents) in a floor while townhouses involves owning one floor in a building or a compound.

Although these types of houses are similar to a typical house in terms of ownership, in which condominiums and townhouses are individually owned rather than rented or leased compared such as the case for apartments, there are several differences between these two types of residential real estate.

Buying a house and lot for sale Philippines leads to the ownership of the house as well as the land it sits on. This type of ownership is mostly known as owner occupancy. Owner occupancy gives occupants the right to modify the building and land as they please. This, however, maybe subject to government, homeowner association, and deed restrictions. It also protects them from eviction, and creates a right to occupation which can be inherited.

Owning a condominium, on the other hand, can also be a form of owner occupancy. However, professionals have stated that condominiums are more likely to be a type of commonhold or strata title. This means an apartment or house is assigned to an individual, but common areas such as hallways, heating system, elevators, exterior areas, are are controlled by the homeowners' association. This means that condominium owners doesn't have the right to modify their condo units as they please or the land it sits on. This is also the case for townhouses.

Disadvantages of  house and lot for sale Philippines do have its advantages, there are also several disadvantages to owning a house. One is that most 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.

Friday, April 16, 2010

Condominiums In The Philippines

Compared to other types of housing such as townhouses and apartments, condominium philippines have only been recently introduced in the market, yet it quickly became one of the most popular types of housing across the country, particularly in Metro Manila.


One of the most popular type of housing in the Philippines are condominiums. Compared to other types of housing such as townhouses and apartments, condominium philippines have only been recently introduced in the market, yet it quickly became one of the most popular types of housing across the country, particularly in Metro Manila.

Condominiums in the Philippines
There are many reasons as to why condominiums became popular in the Philippines even for a short period of time. The first thing that made it popular is its luxurious and stylish designs. Condominiums in the past are known for its luxurious and expensive lifestyle, which is the reason why the wealthy are the only ones that can afford to buy one.

Although expensive, the number of condominiums in the Philippines still grew which also led to its competition to grow. Because of this growth, condominium owners decided to lower their prices to compete in the market, which is the reason why condominiums of today have become more affordable in the past, yet still retaining its luxurious beauty.

Another popular advantage of condominiums compared to other types of housing in the Philippines is its location. Most condominium philippines are found in major business districts which allows its residents to be within walking distance or mass transit distance to their workplace. This also allows them to avoid rush hour.

Other advantages that made condominiums popular are its maintainability and security. Compared to houses, many condominium philippines are known to have their own maintenance personnel that takes care of maintaining the livability of the whole compound or building. Security personnel are there to assure their owner's safety.

Condominium complexes
A new type of condominium are condominium complexes. Condominium complexes are similar to townhouse complexes in terms of wide expanse of land it sits on as well as its amenities such as swimming pools, gyms, and recreational areas. However, what made it more popular is that condominium units in these complexes are far more affordable than townhouse complexes, while allowing its residents to enjoy the same luxury in which townhouse complexes are known for.

Houses Vs. Condominiums In The Philippines

Houses have long been a popular choice by many Filipinos, however, condominiums have also become a very popular type of housing because of its benefits that most type of housing today lacks. So which is the best, a condominium or a house?


Many of today's Filipinos have been wondering and thinking of which is the best type of house to buy, would it be the conventional type of house or the popular condominiums. Houses have long been a popular choice by many Filipinos, however, condominiums have also become a very popular type of housing because of its benefits that most type of housing today lacks. So which is the best, a condominium or a house?

In terms of location
In terms of location, many Filipinos have cited that owning a condo is usually more beneficial than owning a house. Popular types of condo manila today are those found within or near major business districts such as in Makati City. This types of condominiums allow its residents to be within reach of their workplaces, allowing them to avoid rush hour, whereas houses are normally found in the suburbs, far-off from these places.

In terms of cost
In the past, condominiums have been known for its expensiveness. However, the price of most condo manila have significantly dropped due to the increase of condominiums in the market. According to a lot of Filipinos, most of today's condominiums have become as affordable as buying a house, yet more beneficial because of it location. However, there several issues with its size.

In terms of bigger family
Condo units are usually small, although larger than a studio type apartment. And because of is size, condominiums are usually not appropriate for a family larger than 4 members, whereas houses are perfect for larger families. Some condo manila may not even allow children in their condominiums as well as limiting the number of occupants per unit.

In terms of amenities
For amenities, condominiums and houses can provide their own luxuries. Other than the condominiums found in the city, there have also been a number of condominiums found in private areas, such as in provincial areas or in the outskirts. These types of condominiums are known as condominium complexes.

Similar to townhouses complexes, condominium complexes are also known for the same amenities such as swimming pools, gyms, and recreational parks. The difference is with its cost, which is more affordable than townhouse complexes. However, houses have also become more popular because of this. These types of new houses are found in large complexes, complete with security as well as amenities, but offers the same cost, although some may notice that condominiums can be more expensive than these types of condominiums.

The Good Of Condominiums

Part of what made these types of housing popular is because of its benefits that other housing types cannot provide. So what is a condominium? And what are the things that made it popular in the Philippines?


Other than houses, condominiums have also become a very popular type of housing in the Philippines. Part of what made these types of housing popular is because of its benefits that other housing types cannot provide. So what is a condominium? And what are the things that made it popular in the Philippines?

Condominium
Condominium is a type of multi-unit dwelling in which each unit is privately owned while the rest of the condominium such as hallways, elevators, stairs, and recreational facilities are jointly owned by all the owners. Condominiums are also closely related to apartments in terms of physical appearance. The difference, however, is with its ownership in which apartments are rented while condominium units are individually owned.

Advantages of owning a condo unit
There are a number of things that made condominiums popular. One is its luxurious and stylish exterior and interior designs, while the other is its benefits. Apart from its luxurious living space, condominiums are also known for its luxury in terms of accessibility to major business districts as well as commercial areas.

Most condominiums of today are found in business districts, such as the many towering makati condo, which allows Filipinos to quickly get to their work without having to suffer rush hour. There is also the advantage of being close to popular commercial areas. There is also the advantage of cost.

Although most condominiums today may cost more than the cost of houses, the benefits are usually worth it. Other than the many makati condo, there are also condominiums found near these cities which are usually more affordable. These types are commonly near mass transit areas which allows Filipinos to quickly get to their work, although rush hour may still be a problem.

Other than in these locations, as well as the many makati condo, there are also other condominiums found far from the noise of the city to a more relaxing and quiet location. These types of condominiums are known as condominium complexes. Similar to townhouse complexes, these types of condominiums are known for their amenities, such as swimming pools, gyms, spas, and many other recreational areas.

Other advantages
Other than the luxury of location, condominiums are also known for its advantage in terms of maintainability as well as security. Condominiums usually have their own maintenance personnel that takes charge of maintaining the livability of their condominiums. Security is also a popular feature of many condominiums.

The Many Advantage Of Owning A House

Although condominiums and townhouses has become very popular in the Philippine marketing, many are still opting to building or buying a house and lot for sale Philippines. So what are the reasons why Filipinos still would want to live in a typical house rather than in a condominium or in a


Buying their own house is one of the many goals for many Filipinos. Although there are other types of housing that could provide the same type of residence that houses can give, such as condominiums and townhouses, many are still opting to building or buying a house and lot for sale Philippines. So what are the reasons why Filipinos still would want to live in a typical house rather than in a condominium or in a townhouse?

Advantages of owning a house
There are many advantages of buying a house rather owning a condominium or a townhouse. One advantage is its cost. A number of new house and lot for sale Philippines have become available in the market. Not only do these houses look simply attractive, these new types of houses are usually more affordable than a condominium unit or a townhouse.

Condominiums are known today for its affordability compared in the past. The reason why condominiums became popular is because of its location as well as the luxury it gives to its residents. Most condominiums today are found either inside a major business district or near mass transit areas. This allows its residents to easily access major key points in the city such as workplaces and commercial areas. However, condominiums found in these place maybe too much expensive for an average Filipino, which makes houses still a best choice.

Another advantage of houses from condominiums is the space. Condominium units are usually small, too small for a family of 4 or more. Some condominiums may also restrict the number of residents per unit. Owning a house, on the other hand, has no restriction what so ever. Because of the size of houses, they could also accommodate a number of residents.

Townhouses, on the other hand, could also accommodate a number of people in a unit. The disadvantage is that townhouses are normally expensive, and only the wealthy are known to buy such a house. Although it has its amenities such as swimming pools, gyms, and recreational parks, there are still several advantages of owning a house rather than a townhouse.

One advantage of buying a is that it gives its owner the right modify its exterior as well as its surrounding land. Owning a townhouse, as well as a condominium, doesn't give them this same advantage.

Knowing The Other Types Of Houses In The Philippines

Townhouses and apartments have long been known in the Philippines while condominiums were only been recently introduced into the market, yet became very popular in the Philippines. So what do we know about these other types of houses?


Houses are considered as the basic type of housing across the world, even in the Philippines. However, there are certain types of Philippines homes which also became popular for many Filipinos. These are townhouses, apartments, and condominiums. Townhouses and apartments have long been known in the Philippines while condominiums were only been recently introduced into the market, yet became very popular in the Philippines. So what do we know about these other types of houses?

Townhouse
A townhouse is a form of multi-unit dwelling in which each floor of a structure, such as a building, is individually owned. Although townhouses have long been recognized in the Philippines as one of the most popular types of Philippines homes, these types were first developed in the United Kingdom, Ireland and in many other countries which was used by aristocracy in the capital or major city. Townhouses were eventually introduced in other countries, including the Philippines.

Like in the past, townhouses are still known to provide luxury which is only for the wealthy. Townhouse complexes are types of townhouses which became popular because of its features such its high security and resort facilities such as swimming pools, gyms, and recreational areas.

Apartments
Apartments have long been known across the world. It became because it allowed people to find a suitable residents without having to invest too much money. This is because apartments are usually rented or leased rather than bought. There are many types of apartments in the Philippines today, and one of the most popular are studio type apartments.

These types of apartments are mostly comprised of a small room which is a combination of bedroom, dinning room, and kitchen, while the comfort room has its own room. Studio type apartments are usually the smallest but with the cheapest value. Other popular types are the one, two, three-bedroom apartments and garden apartment complex.

Condominium
Although it was only been recently that condominiums were introduced in the Philippine market, these types of philippines homes rapidly became popular in the market. The reason why condominiums became popular, particularly in today's market, is that it can give the same type of luxury that townhouses are known for while keeping its price at the minimum.

There have also been talks about the difference of condominiums and apartments. In terms of physical form, condominiums and apartments are very much similar. According to many experts, the same building developed as a condominium could actually be built someplace else as an apartment building. The difference, however, is its ownership. Condominiums are individually owned while apartments are leased or rented to tenants.

Houses Vs. Other Types Of Housing

There are many types of house for sale Philippines that Filipinos can choose from. Some of which are found in the suburbs while others are found in a luxurious sub division. So what are the advantages of owning your own house rather than a condominium, townhouse, or an apartment?


Condominiums, townhouses, and apartments are some of the most popular types of housing in the Philippines today. This is because of its several features that a typical house cannot provide. But why is it that many Filipinos still prefer to buy their own homes even though condominiums and townhouses more popular than those?

There are many types of house for sale Philippines that Filipinos can choose from. Some of which are found in the suburbs while others are found in a luxurious sub division. So what are the advantages of owning your own house rather than a condominium, townhouse, or an apartment?

Houses and condominiums
Many consider that condominiums are one of the most popular types of housing in the Philippines today. One advantage is that compared in the past, condominiums of today have become more affordable. The number of new condominiums have also increased in the market allowing Filipinos the freedom to choose. However, there are certain disadvantages of owning a condominium that makes a house the best choice.

Although condominiums of today are known for their affordability, these units are usually small, only able to accommodate 2 to 3 person. Although there are larger condominiums, these types are usually more expensive compared to buying a house which is larger and more accommodating. Monthly fees are also an issue. Most condominiums obligate their residents to pay an amount of money for the maintenance of the condominium as well as its security.

Houses and townhouses
Townhouses are known for its luxury. Most townhouses in today's market are those found in big, luxurious complexes complete with high security and resort facilities such as swimming pools, gyms, and recreational parks. These, however, are much more expensive than a house.

Another advantage that houses have over townhouses, as well as condominiums, is that it gives its residents the rights to modify their house as they please from its interior to its exterior, whereas condominiums and townhouses, though individually owned, doesn't give its residents the right to modify its exterior. This is the reason why there are still many house for sale Philippines.

Houses and apartments
In terms of cost, apartments are much more popular and more affordable. This is because apartments are usually rented rather than bought. However, the advantage of owning a house, or a condominium and townhouse, is that it gives a much more permanent sense of residence compared to apartments. Owning a house also protects its residents from eviction.

Apartments are usually more appropriate for people looking for a temporary residents, such as students and non-married people. This is the reason why the number of house for sale Philippines as well as its demand are still increasing.

The Rising Condo In The Philippines

Although it was only been recently that condominiums were introduced into the market, this type of housing rapidly became popular for many Filipinos. This is because condominiums is known for several advantages that other types of housing lacks. So what are these advantages?


There are many types of housing in the Philippines. One of the most popular in today's market are condominiums. Compared to townhouses and apartments, condominium philippines were only recently introduced into the market. Although it was only been recently that condominiums were introduced into the market, this type of housing rapidly became popular for many Filipinos. This is because condominiums is known for several advantages that other types of housing lacks. So what are these advantages?

Luxury
One apparent reason why many condominium philippines became popular in the past is because of its luxurious living space. Most of these condominiums are located in major business districts as well as commercial areas which adds to its luxurious physical appearance both from the interior design to exterior designs. However, luxury isn't the only trait that made condominiums popular. In today's market, most condominiums became popular because of its affordability.

Affordability
Although condominiums in the past are known for its expensiveness, most condominiums of today have become more affordable because of its significant drop in cost. This drop was due to the rapid expansion of condominiums around the Philippines, particularly in Metro Manila in which the number of condominiums have steadily increased through the years.

Because of the significant drop in cost, condominiums of today have become more and more popular not only for the wealthy but also for the middle class of society. Although its prices have dropped, some condominiums may still seem to be expensive compared to buying a house. But not as expensive compared to buying a townhouse. This is yet another advantage why condominiums became popular for many Filipinos.

Amenities
One trait that Filipinos have loved in condominiums are its amenities. These amenities may include resort facilities such as swimming pools, gyms, and recreational parks or areas. These types of amenities are normally found in townhouse complexes. However, the advantage of condominiums from townhouse complexes is its price, which is significantly lower than your average townhouse. This allows its residents to enjoy the same luxury which townhouses are known for, for the fraction of its cost.

Location
Another popular feature is the location. Most condominium philippines of today are found near or inside major business districts and commercial areas. Not only do this add to its luxury, it also allows is residents to be within walking distance or mass transit distance to their workplace, allowing them to avoid rush hour.

The Importance Of Housing Tenure

It is said that the same building made to be a condominium can also be used as an apartment. The difference, however, is with its ownership. While apartments are normally leased or rented to tenants, condominiums are usually owned individually while other facilities are jointly owned. So what is housing tenure?


In residential real estates, the term housing tenure is very important, particularly for differentiating an apartment from a normal house. According to many residential Real estate Philippines experts, that only way to differentiate a house or an apartment is through its ownership, which is its housing tenure.

Condominium buildings are similar with apartment buildings. It is said that the same building made to be a condominium can also be used as an apartment. So how can one differentiate if this building is an apartment or a condominium? Experts typically use the term housing tenure to determine if the building is a condominium or an apartment.

The difference is said to be with its ownership. While apartments are normally leased or rented to tenants, condominiums are usually owned individually while other facilities are jointly owned. So what is housing tenure?

What is housing tenure?
Housing tenure is a term used by experts to determine the type of ownership an individual or group of people have in any type of residential real estate.
Some of the most frequently used types of housing tenure are owner occupancy and tenancy. According to a number of residential Real estate Philippines experts, owner occupancy denotes a type of ownership in which a person who lives in a house that he or she owns. Tenancy, on the other hand, is a type of residence in which a lessee or a tenant holds real property by some form of title from a lessor or landlord.

However, other than owner occupancy and tenancy, a number of new terms have also been developed to determine new types of residential real estates. These include cooperative housing, cooperative housing, condominiums, public housing, as well as squatting.

Cooperative housing involves a type of ownership in which the 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. Condominiums are a type of apartment or house which is assigned to an individual, but common areas are controlled by the homeowners' association.

Public housing, on the other hand, is mostly known by residential Real estate Philippines experts as government housing. These types of housing are normally used by the government to relocate people from a squatter's area. Squatting, in this case, is a type of housing tenure in which an individual or a group of people occupies a type of residential real estate without the permission of its owner.

Popular Condominiums In The Philippines

The number of condominiums in today's market have bloomed so much that Filipinos may now have the freedom to choose on which condominiums they would want to live in. So what is a condominium? And what are its advantages and its types?


What is the best type of residential Philippines property for sale in the market today? There are many types of these residential properties available in the market, majority of which are condominiums. The number of condominiums in today's market have bloomed so much that Filipinos may now have the freedom to choose on which condominiums they would want to live in.

What is a condominium?
Condominium is a type of multi-unit dwelling in which each unit in a floor is individually owned while the rest of condominium such hallways, elevators, stairs, and lobby are jointly owned by all the owners. Condominiums are usually similar with apartment buildings in form and structure. The difference, however, is with its ownership. While condominiums are individually owned, apartments are normally rented or leased to tenants.

Condominiums of today and its types
Compared to other types of residential Philippines property, such as apartments and townhouses, condominiums were only recently introduced in the Philippine market. Although it was only recently, condominiums quickly became popular, particularly with the wealthy. The reason why it quickly became popular is because of its location as well as its luxury.

Most condominiums in the past were found near or within major business districts or commercial areas which allows its residents to enjoy the same luxurious experience they can get from townhouses while living within walking distance or mass transit distance with their workplaces. Because of its popularity, many business firms in the Philippines started to build up their own condominiums all over the country, particularly in Metro Manila.

Because of its steady increase in the market, building new and more luxurious condominiums, the price of owning a condo unit have significantly decreased. While its increase allows Filipinos to choose from a wide variety of condominiums, the competition have also significantly increased which led to other competitors to drop their prices. Although there is a significant decrease of price, the luxury and living experience is still the same.

Another change was the introduction of new condominiums. Other than the condominiums found in cities, many of today's condominiums have also been seen in provincial areas. These types of residential Philippines property are known as condominium complexes, which is a type of condominium similar with townhouse complexes. Such similarities include swimming pools, gyms, and recreational parks.

These types of condominiums are usually more affordable compared to those found in the cities, however, depending on its amenities, these types of condominiums may more than the worth of city condos.

Tuesday, April 6, 2010

The Good And Bad Of Buying A Condominium

Other than advantages, many condominium residents have also experienced several problems and drawbacks in living in a condominium unit. So what are the advantages and disadvantages of owning a condominium unit?


Condominiums have become very popular in the Philippines today, partly because of its affordability as well as with the luxury it gives to its residents. Many Filipinos have enjoyed living in a condominium rather than in other types of housing, particularly with the normal house. However, many condominium residents have also experienced several problems and drawbacks in living in a condominium unit. So what are the advantages and disadvantages of owning a condominium unit?

The advantage
First is the advantage. Although it was only recently introduced in the market, condominiums quickly became popular across the Philippines, particularly in Metro Manila in which many towering condominiums are found in city, such as those in makati condo. The first advantage of owning a condominiuim is its affordability.

Condominiums in the past aren't known for its affordable cost. However, because of the steady increase of competition, many new condominiums have been erected across the city, such as those makati condo, as well as in several provinces to offer more choices for condominiums. This also led to the significant decrease of the cost of buying a condominium. Another advantage is its location.

Most condominiums today are those found inside or near major cities, such as those makati condo. The advantage of living in these kinds of condominiums is that residents could easily avoid rush hour when going to work. However, other than in these cities, many condominiums of today are also found in provincial areas, such as those in Tagaytay, or those in the outskirts.

The advantage of these locations is that it gives its residents a quiet and peaceful residence outside of the city. Although these types of condominiums places its residents outside the reach of major cities, these do provide some amenities that residents could enjoy such as swimming pools, gyms, and recreational parks.

The disadvantage
There are several disadvantages to owning a condominium. One disadvantage is the monthly fees. Other than the monthly bills such as electric bills, water bills, as well as mortgage taxes, condominiums are also known for their monthly fees which are mostly used for maintaining the whole compound or building. These fees are also used for the wages of maintenance personnel as well as the security.

Another disadvantage of condominiums compared to a typical house is that most of these condominiums are not as family oriented as many may think. This is because of the size of each unit. Although it could accommodate a family of 2 children, 3 or more is too much. Another is that some condominiums doesn't allow children in their units.

Choosing The Best Home For You

Choosing a house usually depends on the budget at hand and the kind of house which will give them benefits in the future. And with these number of new types of houses, Filipinos could freely choose from either one of these. The question now is, which is one is best for a specific person?


What is the best type of philippine homes available in the market today? There are different types of homes and houses in the market today. Choosing a house usually depends on the budget at hand and the kind of house which will give them benefits in the future. And with these number of new types of houses, Filipinos could freely choose from either one of these. The question now is, which is one is best for a specific person?

Choosing the best home for you
Because of the number of philippine homes available in the market today, Filipinos now have the chance to choose which type of house best suits their needs. Each type of house is known for its different advantages that allows a specific need to benefit. One popular example is with apartments.

Apartments for you
There are different types of apartments in the Philippines today, and one of the most popular is the studio type apartment. The reason for its popularity is its affordability compared to other types of apartments. However, the disadvantage of studio type apartments is its size. Studio type apartments usually consist mainly of a large room which is the living, dining, and bedroom combined.

Although these types of apartments are not perfect for families, these however are perfect for non-married people, most particularly with students which are only studying in the big city. These types of apartments allows these students to find a temporary residence up until they can graduate.

Condominiums for you
Other than apartments, condominiums have also played a vital role for many Filipinos as well as with their needs. Condominiums became popular in the past because of its luxury. Today, however, condominiums became popular because of its affordability, which is said to be more than affordable than buying a house, particularly a townhouse. Other than its affordability, condominiums also became popular because of its location.

Popular locations of condominiums are those found within or near major business districts in the Philippines, such as those towering condominiums found in Makati City. This allows its residents to be within reach of their working places or with recreational areas such as a commercial area. These types of philippine homes are perfect for people with working around the clock and needs to be within proximity of these important places.

Townhouses
Although townhouses are not as cheap as apartments nor as popularly found in business districts such as condominiums, townhouses became popular because of its luxury. Many of the wealthy families today have found luxury living in a townhouse. Not just the wealthy, some townhouses can be as affordable as buying a house, which tends to be more luxurious than a typical house. However, other than being luxurious, these types of houses are also perfect for families compared to studio type apartments or condominiums because of its size.

The Good And The Bad Of A House

Although condominiums, townhouses, and apartments have become very popular in the Philippines, there are certain advantages of owning a house rather than any other types of houses, particularly with condominiums. So what are the advantages of owning a house rather than any kind of housing in the Philippines?


Houses was one of the most popular types of residence in the Philippines. However, most Filipinos today tends to look at other types of houses other than the typical house, such as townhouses, condominiums, as well as apartments. This is because of the many benefits that these types of houses have over the conventional homes in philippines.

However, there are certain advantages of owning a house rather than any other types of houses, particularly with condominiums. This is the reason why there are many Filipinos that still wishes to own a house of their own. So what are the advantages of owning a house rather than any kind of housing in the Philippines?

Advantages of a normal house
Condominiums and townhouses are very popular among many Filipinos today. Although condominiums have only been recently introduced in the Philippine market, it quickly became very popular among the Filipinos because of its advantages and benefits. One popular advantage of owning a condominium compared to homes in philippines is its affordability.

Most houses today cost around P2,000,000 to P10,000,000 Philippine pesos. Condominiums, however, may cost only half these costs. Unlike in the past in which the wealthy is said to be the only ones that could afford to buy a condominium unit, condominiums today became more affordable compared to houses, usually ranging from P500,000 to P2,000,000 Philippines. This however depends on its location.

Townhouses, on the other hand, is known for its luxury which is why townhouses became popular for the wealthy. However, the advantage of houses over these condominiums and townhouses is that compared to townhouses, houses are more affordable. Compared to condominiums, houses are more family oriented because of its size.

Compared to apartments, however, majority of Filipinos today live in apartments. The reason why apartments became popular is because of its affordability. However, apartments could only provide a temporary state of residence unlike condominiums and houses which offers a more permanent state of residence.

Disadvantages
The disadvantage is that these types of houses are usually found in the suburbs, which puts it away from major business and commercial districts, unlike most condominiums which is found inside or near these areas. Another disadvantage is that most homes in philippines 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.

The Good And The Bad Of Houses And Condominiums

There are many types of houses in the Philippines today. And some of the most popular are the typical house and condominiums. Several reasons have been given as to why these types of residential real estate became popular. However, there are also several disadvantages known in owning a house or a condominium.

There are different types of houses in the Philippines today and some of the most popular are condominiums and the typical house. Condominiums, although it was only recently introduced, have quickly become popular for many Filipinos, may it be by the wealthy or by the middle class.

However, although the of choice of residential real estates have become wider in the past decade, many Filipinos still opts to buy and own a house of their own. So what are the advantages and disadvantages of owning a house or a condominium?

Advantages of houses and condominiums
Houses and condominiums are practically similar in terms of ownership. Although condominiums are far more similar to apartments, the difference is with its ownership. Houses and condominiums are owned while apartments are leased or rented to tenants. However, there are several difference between houses and condominiums.

Houses has the advantage of allowing its residents to to modify the building and land as they please (this however may be subject to government, homeowner association, and deed restrictions), whereas condominiums may only give the right for residence but not totally own the whole condominium. According to many philippines homes and real estate experts, this is because other facilities found in a condominium, other than its units, are jointly owned by other residents. This however could work as an advantage for condominiums.

Condominiums most have amenities in which having it in a house could be very costly. According to many philippines homes and real estate experts, such amenities include swimming pools, gyms, and recreational areas. Compared to houses, these amenities can be enjoyed freely by its residents.

Disadvantages of houses and condominiums
Other than advantages, houses and condominiums are also known for its disadvantages. One main disadvantage of houses and condominiums are its expenses. 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.

Although condominiums are usually not as expensive as a house, residents are also obligated to pay these monthly bills. However, other than these monthly bills, condominium owners are also obligated to pay a monthly fee for the condominium. These monthly fees are usually used for the maintenance of all facilities found in the condominium. According to many philippines homes and real estate experts, the more amenities found in a condominium, the greater the monthly fee.

Advantages Of Owning A House

Although these types of houses became popular among many Filipinos, particularly condominiums and townhouses, many Filipinos still wishes to live in a normal house such as those found in the suburbs. So what are the advantages of living in these types of houses compared to condominiums and townhouses?


Other than the typical house found in the suburbs, Philippines have also been home to many other types of residential real estates. Some of the most popular are condominiums and townhouse complexes, while apartments are still a very popular type of house for the lower up to the middle class of society.

However, although these types of houses became popular among many Filipinos, particularly condominiums and townhouses, many Filipinos still wishes to live in a normal house such as those found in the suburbs, particularly when the number of house and lot for sale Philippines is steadily increasing. So what are the advantages of living in these types of houses compared to condominiums and townhouses?

The good about houses
The one advantage why houses are still popular in the market is because of the freedom that residents could have from owning their own house and lot. Owning a condominium unit or a townhouse is similar to owning a house. This is because condominiums are individually owned while townhouses are also individually owned while the rest of the complex or building is jointly owned. However, its ownership could only go as far as owning the unit itself, its interior and parking spot.

The advantage of owning a house compared to condominiums and townhouses is that it gives its residents the freedom to modify the building and land as they please (although this may be subject to government, homeowner association, and deed restrictions). Owning a condominium unit or a townhouse doesn't give them the right to modify its exterior or the land surrounding it. There are also condominiums that doesn't allow its residents to modify even the interior.

Another advantage of owning a house is its luxury. Other than house and lot for sale philippines found in the suburbs, many new luxurious house and lot for sale philippines are also found in subdivisions which offers the same type of luxury in which townhouse complexes are known for. However, the difference is that residents have every right to modify their houses as they please.

The bad about houses
The disadvantage of owing a house is that, although the number of house and lot for sale philippines have steadily risen, houses found in desirable areas such as those near cities and commercial areas, aren't as many as condominiums and townhouses are. This is due to the fact that there isn't any space that could accommodate more houses in the city which is why most of the new ones are found in the outskirts or in provincial areas.

The Good Of Owning A Condominium

Condominiums are one of the most popular types of housing in the Philippines. Although it was only recently introduced in the market, many Filipinos have come to shift their attention to owning a condominium unit rather than any other kind of house. So what are the things that made condominiums popular?


There are many types of houses in the Philippines today and one of the most popular are condominiums. Condominiums are a type of multi-unit dwelling in which each unit in a building is individually owned while the rest of its facilities are jointly owned and maintained by its residents. There are several reasons as to why condominiums became popular among many Filipinos. And these include:

Affordability
Compared in the past in which condominiums were mostly for the wealthy, particularly because of its cost, most condominiums today became more affordable, allowing people from the middle class to own themselves a condo unit. The recent decrease of its cost was due to the fact that the market became more competitive with all the new condominiums, such as the new condo manila, rising up.

Because of its cost's significant decrease, condominiums became more affordable than a normal house, particularly with townhouses. Although its price have gone down, its luxury and way of living still remained the same, allowing Filipinos to enjoy a luxurious life for the fraction of the cost.

Location
Another popular advantage of condominiums are its location. Most condominiums in the market today are those found within or inside big cities, such as the condo manila or those found in Makati City. These types of condominiums allow its residents to be within close proximity with their work places or other popular commercial areas such as malls and shopping centers.

However, other than these locations, there are also condominiums found outside the city, such as those found in the outskirts such as in Novaliches and Taguig, or in provincial areas such as Tagaytay. Unlike the towering condominiums found in the city, these types of condominiums are usually similar with townhouse complexes.

Amenities
This is one of the most popular benefit of owning a condominium, its amenities. Most condominiums in the market today, particularly condominium complexes, are known to provide the same amenities which are found in townhouse complexes, such as swimming pools, gyms, recreational areas, and more.

Although condominiums found in the city, such as the many condo manila, can't provide the same amenities such as those from condominium complexes, some of these condominiums may offer their own amenities, such as gyms and an in-door pool.

The Types Of Homes In The Philippines

Other than the typical house, townhouses and condominiums have also become very popular. Townhouse have long been known in the market while condominiums were only recently introduced yet became one of the most popular types of housing in the Philippines.


Looking to buy a house in the Philippines? Well what kind of house are you looking for? Other than the usual type of house, there have also been other types of houses available in the Philippines. Some of the most popular condominiums and townhouses. Townhouse have long been known in the market while condominiums were only recently introduced yet became one of the most popular types of housing in the Philippines.

Other types of houses
Although the typical house is still one of the most popular types of housing in the Philippines, particularly for many Filipinos, the demand for other types of houses have steadily increased which is why condominiums became popular. Today, the number of condominiums in the Philippine market have significantly increased due to the demand for more condominiums.

Condominiums became popular not only because of its luxury but also because of its benefits. Compared to most philippine homes, condominiums are usually found near or inside a bustling business district such as those towering condominiums found in Makati City. This allows its residents to be within close proximity to their workplace, allowing them to avoid the usual hustle or rush hour.

However, other than its location, there have also been condominiums found in the outskirts such as in Novaliches, Taguig, and Marikina, and in provincial areas such as in Tagaytay. Most of these condominiums are known as condominium complexes. Condominium complexes are a type of condominium which is similar to townhouse complexes particularly with its amenities such as swimming pools, gyms, and recreational parks.

The advantage of condominium complexes from townhouse complexes is its cost, which is significantly more affordable to a townhouse. However, townhouses have also been a very popular type of philippine homes, particularly with the wealthy. This is because of its luxury.

Townhouses are known for its luxurious exterior and interior designs which symbolizes wealth. Although there are townhouses found in the suburbs, there are also townhouses found in the same place in which condominium complexes are also found, in the outskirts or in provincial areas. The difference between these townhouses from those found in the urban areas is the luxury of is amenities. These types of townhouses, however, are more expensive than a typical philippine homes or a condominium.

Why Condominiums Are Popular In The Philippines

Other than townhouses, apartments, as well as the typical house, condominiums rapidly grew popular across the country, particularly in Metro Manila in which new types of houses are in demand to accommodate the changing needs of Filipinos.


Condominiums are one of the most popular types of housing in the Philippines today. Other than townhouses, apartments, as well as the typical house, condominiums rapidly grew popular across the country, particularly in Metro Manila in which new types of houses are in demand to accommodate the changing needs of Filipinos.

What makes a condominium popular?
Condominiums are a type of multi-unit dwelling which is form of residential real estate in which one unit in a floor is individually owned. Condominiums and apartments are usually similar in physical form, the difference is that condominiums are owned while apartments are leased or rented to tenants. Condominiums were only recently introduced yet it gained so much popularity in the market, such as those makati condo. This is because of its many advantages and benefits over other types of condominiums. One is its affordability.

Although some may still see it as expensive, the cost of condominiums today have significantly decreased due to the rapid increase of new condominiums in the market, such as the many makati condo. Many have even cited that condominiums are far more cheaper than buying a new house, particularly in Manila area or in areas near business and commercial districts.

Another popular advantage of condominiums are its location. Popular condominiums of today are those found near or inside major business districts, such as the many towering makati condo. This allows its residents to be within walking distance or mass transit distance to their workplace. Other advantages include its maintainability and security.

Disadvantages
However, there are several disadvantages to owning a condo unit. One disadvantage is its monthly fees. Other than the usual bills such as electric and water bills, condominium residents are usually obligated to pay a fee, usually in monthly basis, for the maintenance and security of the whole building or compound.

Another major disadvantage is that most condominiums have a specific requirement for residents, such as no children allowed in their condominium as well as the number of residents per unit. There is also the case of asking permission to do modifications in their condo units. This is usually to ensure that the structure of condominium wouldn't be compromised because of these modifications.