Although houses are the basic type of housing in the Philippines, and across the world, condominiums are steadily rising in the market, offering more benefits than what houses can usually provide. However, there are also certain things that makes houses more advantageous than condominiums.
Condominiums and houses are the two most popular type of housing in the Philippines today, in terms of permanent residence. Although houses are the basic type of housing in the Philippines, and across the world, condominiums are steadily rising in the market, offering more benefits than what houses can usually provide. This is also the reason why many Filipinos today chooses to live in a condo unit rather than in a house.
So what makes condominiums popular in the Philippines?
The one reason why condominiums became popular in the Philippines is because of its location. Most condominiums are found near or inside major business districts of Metro Manila such as in Makati City and Ortigas, Pasig City. Because of this, residents are given the luxury of living within walking distance and mass transit distance to their workplaces.
Other than location, a number of new condominiums have been found in the outskirts and even in provincial areas. These types of condominiums are known as condominium complexes. Compared to city condos, these types of condominiums are known for their environment, which is peaceful, serene, and quiet. Another reason for its popularity is with its amenities such as swimming pool, gyms, spas, and recreational parks.
However, there are certain things that makes a house more beneficial than condominiums.
One advantage of owning a house from condominiums is its affordability. Compared to the point in the past in which condominiums became more affordable than houses, new house for sale Philippines have become more affordable than condominiums. New housing communities are known for their affordability.
Though its price range are similar with newer types of condominiums, the benefit of these new house for sale Philippines is its size, which usually involves two to three bedrooms while cheaper condominiums are typically smaller than the expensive ones.
Another advantage of these new house for sale Philippines is its amenities. Similar to condominium complexes, new housing communities have become very popular among many Filipinos not only because of their affordability, but also because of their amenities such as swimming pools, gyms, spas, and recreational areas such as parks and playgrounds.
However, what makes houses more advantageous is because of its type of ownership or housing tenure. Although condominiums and houses offer permanence in residents, the type of ownership that governs condominiums is only a modified form of owner occupancy, the type of housing tenure that embodies owning a house.
Owner occupancy is a type of ownership that gives its residents the right to modify the building and land as they please. Condominiums, on the other hand, is a type of commonhold or strata title in which a unit is assigned to an individual, but common areas are controlled by the homeowners' association.
Condominiums and houses are the two most popular type of housing in the Philippines today, in terms of permanent residence. Although houses are the basic type of housing in the Philippines, and across the world, condominiums are steadily rising in the market, offering more benefits than what houses can usually provide. This is also the reason why many Filipinos today chooses to live in a condo unit rather than in a house.
So what makes condominiums popular in the Philippines?
The one reason why condominiums became popular in the Philippines is because of its location. Most condominiums are found near or inside major business districts of Metro Manila such as in Makati City and Ortigas, Pasig City. Because of this, residents are given the luxury of living within walking distance and mass transit distance to their workplaces.
Other than location, a number of new condominiums have been found in the outskirts and even in provincial areas. These types of condominiums are known as condominium complexes. Compared to city condos, these types of condominiums are known for their environment, which is peaceful, serene, and quiet. Another reason for its popularity is with its amenities such as swimming pool, gyms, spas, and recreational parks.
However, there are certain things that makes a house more beneficial than condominiums.
One advantage of owning a house from condominiums is its affordability. Compared to the point in the past in which condominiums became more affordable than houses, new house for sale Philippines have become more affordable than condominiums. New housing communities are known for their affordability.
Though its price range are similar with newer types of condominiums, the benefit of these new house for sale Philippines is its size, which usually involves two to three bedrooms while cheaper condominiums are typically smaller than the expensive ones.
Another advantage of these new house for sale Philippines is its amenities. Similar to condominium complexes, new housing communities have become very popular among many Filipinos not only because of their affordability, but also because of their amenities such as swimming pools, gyms, spas, and recreational areas such as parks and playgrounds.
However, what makes houses more advantageous is because of its type of ownership or housing tenure. Although condominiums and houses offer permanence in residents, the type of ownership that governs condominiums is only a modified form of owner occupancy, the type of housing tenure that embodies owning a house.
Owner occupancy is a type of ownership that gives its residents the right to modify the building and land as they please. Condominiums, on the other hand, is a type of commonhold or strata title in which a unit is assigned to an individual, but common areas are controlled by the homeowners' association.
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