Although houses are the basic type of housing, a number of Filipinos have recently moved to live in a condo unit rather than in a house. However, there are those that lives in a condo unit that still wishes to live in a house of their own. So which of these are the best?
What is the best, a normal house in the suburbs or condominiums? Houses and condominiums are some of the best types of houses for sale Philippines today. Although houses are the basic type of housing, a number of Filipinos have recently moved to live in a condo unit rather than in a house. However, there are those that lives in a condo unit that still wishes to live in a house of their own.
Which is the best?
Compared to townhouses and apartments, and more particularly with houses, condominiums have only been recently introduced in the Philippines. However, although it was only recently that condominiums were introduced, these types of houses for sale Philippines have become more popular than townhouses as well as with apartments (in some cases).
Condominiums
Many Filipinos have chose to live in an condominium rather than in a house because of its many benefits. One of its benefits is its location. Many condominiums are usually found near or inside major business districts or commercial areas such as in Makati City or in Ortigas Pasig City. Other than its luxurious lifestyle, residents are also given the luxury of living within walking distance or transit distance to their workplaces.
Another reason for its popularity in the market is because of its use as an office space. Compared to renting of buying an office space, many of today's smaller organizations and companies have made their offices on condominiums. This is because condominiums are more affordable than the a real office space in locations such as those found in Makati City.
However, condominiums of these types are usually more expensive than the many houses for sale Philippines of today (though the benefits are more than worth it). Another is that condominiums in these locations may be a bit small for a larger family (particularly because Filipinos are usually known to accommodate their extended family onto their own homes). This is the reason why houses are still popular.
Houses
Although houses found in the suburbs, particularly in Manila, are as expensive as buying a condominium, there are several advantages to owning a house. This is with its housing tenure. Although the type of ownership in houses and condominiums are the same, in which each unit is individually owned, condominiums are governed by a modified form of owner occupancy, the type of ownership that governs houses.
Condominiums are under the housing tenure of common hold or strata title, in which ownership of an apartment or house is assigned to an individual, but common areas such as hallways, elevators, exterior areas are controlled by the homeowners' association. Fees are also charged to the condo owners for maintenance of the common areas. These are referred to as "condo fees".
Owning a house gives its owners every right to modify the building and land as they please. It also protects them from eviction, and creates a right to occupation which can be inherited.
What is the best, a normal house in the suburbs or condominiums? Houses and condominiums are some of the best types of houses for sale Philippines today. Although houses are the basic type of housing, a number of Filipinos have recently moved to live in a condo unit rather than in a house. However, there are those that lives in a condo unit that still wishes to live in a house of their own.
Which is the best?
Compared to townhouses and apartments, and more particularly with houses, condominiums have only been recently introduced in the Philippines. However, although it was only recently that condominiums were introduced, these types of houses for sale Philippines have become more popular than townhouses as well as with apartments (in some cases).
Condominiums
Many Filipinos have chose to live in an condominium rather than in a house because of its many benefits. One of its benefits is its location. Many condominiums are usually found near or inside major business districts or commercial areas such as in Makati City or in Ortigas Pasig City. Other than its luxurious lifestyle, residents are also given the luxury of living within walking distance or transit distance to their workplaces.
Another reason for its popularity in the market is because of its use as an office space. Compared to renting of buying an office space, many of today's smaller organizations and companies have made their offices on condominiums. This is because condominiums are more affordable than the a real office space in locations such as those found in Makati City.
However, condominiums of these types are usually more expensive than the many houses for sale Philippines of today (though the benefits are more than worth it). Another is that condominiums in these locations may be a bit small for a larger family (particularly because Filipinos are usually known to accommodate their extended family onto their own homes). This is the reason why houses are still popular.
Houses
Although houses found in the suburbs, particularly in Manila, are as expensive as buying a condominium, there are several advantages to owning a house. This is with its housing tenure. Although the type of ownership in houses and condominiums are the same, in which each unit is individually owned, condominiums are governed by a modified form of owner occupancy, the type of ownership that governs houses.
Condominiums are under the housing tenure of common hold or strata title, in which ownership of an apartment or house is assigned to an individual, but common areas such as hallways, elevators, exterior areas are controlled by the homeowners' association. Fees are also charged to the condo owners for maintenance of the common areas. These are referred to as "condo fees".
Owning a house gives its owners every right to modify the building and land as they please. It also protects them from eviction, and creates a right to occupation which can be inherited.
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