Although condominiums and other types of housing has became more and more popular in the market, houses are still considered as the most practical type of house to own for many Filipinos. There are some reason for its popularity in the market.
Condominiums, townhouses, and apartments, are some of the most popular types of housing in the Philippines. However, the typical house are still known to many Filipinos as their perfect home for themselves. Although many Filipinos today have chosen to live in a condominium, many of those are still opting or planning to buy or build their own dream homes. So what is the reason why houses are still popular?
Why houses are still popular
Although the number of condominiums have significantly increased over the years, a number of new house and lot for sale Philippines have also significantly increased. Part of what the reason why houses are still popular compared to other types of housing is because of its affordability.
Condominiums, though a number of new condominiums have recently dropped their prices, are still expensive for many Filipinos. Houses, on the other hand, have become more affordable, particularly the new house and lot for sale Philippines. Although houses in Manila are expensive, neighboring cities such as Quezon City and Caloocan City are known for their affordable houses.
Other than these houses, a number of new houses have also been made available on other locations, such as in the outskirts or in neighboring provinces such as in Bulacan. However, other than its affordability, houses also became popular because of its type of ownership.
More permanent than condominiums
According to many experts, the type of ownership or housing tenure that governs houses and the land it sits on is known as owner occupancy or home ownership. Home ownership gives occupants the right to modify the building and land as they please (subject to government, homeowner association, and deed restrictions), protects them from eviction, and creates a right to occupation which can be inherited.
Compared to condominiums, house provide more freedom in its ownership while owning a condominium doesn't mean owning the rest of the condominium. While the units are individually owned, common areas such as hallways, elevators, swimming pools, and recreational areas are controlled by the homeowners' association.
New housing communities
Another reason for its popularity, particularly in today's modern trends, is its amenities. Not only do these new house and lot for sale Philippines are known for their affordability, but also known for their amenities such as swimming pools and recreational areas such as parks, gardens, and playgrounds which are usually only found in expensive townhouse complexes and condominium complexes.
Condominiums, townhouses, and apartments, are some of the most popular types of housing in the Philippines. However, the typical house are still known to many Filipinos as their perfect home for themselves. Although many Filipinos today have chosen to live in a condominium, many of those are still opting or planning to buy or build their own dream homes. So what is the reason why houses are still popular?
Why houses are still popular
Although the number of condominiums have significantly increased over the years, a number of new house and lot for sale Philippines have also significantly increased. Part of what the reason why houses are still popular compared to other types of housing is because of its affordability.
Condominiums, though a number of new condominiums have recently dropped their prices, are still expensive for many Filipinos. Houses, on the other hand, have become more affordable, particularly the new house and lot for sale Philippines. Although houses in Manila are expensive, neighboring cities such as Quezon City and Caloocan City are known for their affordable houses.
Other than these houses, a number of new houses have also been made available on other locations, such as in the outskirts or in neighboring provinces such as in Bulacan. However, other than its affordability, houses also became popular because of its type of ownership.
More permanent than condominiums
According to many experts, the type of ownership or housing tenure that governs houses and the land it sits on is known as owner occupancy or home ownership. Home ownership gives occupants the right to modify the building and land as they please (subject to government, homeowner association, and deed restrictions), protects them from eviction, and creates a right to occupation which can be inherited.
Compared to condominiums, house provide more freedom in its ownership while owning a condominium doesn't mean owning the rest of the condominium. While the units are individually owned, common areas such as hallways, elevators, swimming pools, and recreational areas are controlled by the homeowners' association.
New housing communities
Another reason for its popularity, particularly in today's modern trends, is its amenities. Not only do these new house and lot for sale Philippines are known for their affordability, but also known for their amenities such as swimming pools and recreational areas such as parks, gardens, and playgrounds which are usually only found in expensive townhouse complexes and condominium complexes.
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