The Many Benefits Of Apartments
The Many Benefits Of Apartments
The Many Benefits Of Apartments
Apartments one of the most popular type of housing in the Philippines even though the market is now widely dominated by condominiums, particularly in Metro Manila. However, the reason why apartments are still popular in the Philippines is because of its affordability. Compared to condominiums, and other types of housing, apartments are mostly rented or leased rather than bought, allowing people to find a suitable housing without investing too much.
However, other than its affordability, apartments also became popular because of its other benefits which makes these types of housing very popular even in today's current trends.
The many benefits of apartments
Why apartments remained popular? The reason why apartments are still very popular is because of the same benefit which it gained popularity in the past, before condominiums were introduced in the Philippines. This benefit is its location.
Similar to condominiums, according to manyPhilippine real estate experts, apartments (building) were first found in areas near business and commercial districts, allowing residents to living within close proximity to their workplaces as well as popular commercial areas such as malls and parks. However, other than its location, apartments are also known for its variety of choices, allowing people to choose from which type of apartment suits their needs.
Different types of apartments. There are different types of apartments in the Philippines today, each are known for their benefits according to specific needs. In terms of affordability, the studio type apartment, or bachelor apartment, are known for its affordability. These types of apartments are the cheapest type of apartment in any given area.
However, according to manyPhilippine real estate experts, the studio type apartment it is also the smallest, which enables non-married people and couples to find a suitable housing near their workplaces or even their schools.
Moving up from studio-type apartments are the one/two/three-bedroom apartments, which are known today as the most popular types of apartments. Similar to condominiums which offers separate rooms for larger quantities of occupants, such as a family, a number of these types of apartments (building) found around popular areas such as Munoz, Makati City, Ortigas, and Eastwood, Pasig City, allowing couples with children to live close to their workplaces.
However, according to manyPhilippine real estate experts, these types of apartments are more expensive than the studio-type apartments.
A new apartment. Other than the studio-type apartments and the one/two/three-bedroom apartments, a few number of new apartments are being built around Metro Manila which is known for its capability to provide the same type of luxury which condominium complexes became popular with. This is the garden apartment complex, a type of apartment which is very similar to condominium complexes in terms of location, land, as well as with its amenities. The difference is that these are apartments rather than condominiums.
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