The Popular Condominium In The Philippines
The Popular Condominium In The Philippines
There are many types of popular housing in the Philippines today, and one of those include condominiums. Houses, apartments, and townhouses were the once the only types of houses popular in the Philippines, particularly apartments. However, when condominiums was introduced in the Philippines, many of these types of housing have dropped in the industry, particularly townhouses.
The reason why condominiums quickly became popular in the Philippines is because of a number of benefits that other types of housing lacks. These includes its choice of location, maintainability, security, as well as with its amenities.
The popular condominium
Condominiums were only recently introduced compared to apartments and townhouses, yet it quickly gained popular in the Philippines, particularly in Metro Manila in which the number ofcondo in Philippines are continuously growing. One reason why condominiums rapidly grew in the market is because of its choice of location.
Choice of location
According to many experts, the reason why condominiums first became popular is because of its location, which is normally found near or within a business or commercial district. Because of this, condominiums allowed its residents to live within walking distance or mass transit distance to their workplaces as well as commercial areas.
At this point, the only competition of condominiums are apartments. Apartments (building) are also known to have been found in these areas where condominiums are also commonly found. Many have even mistaken a condominium to be an apartment or vice versa. This is because there isn't any difference between condominiums and apartments (building) in terms of physical form. The only difference, as well as its advantage, is that condominium units are individually owned while apartment units are normally rented.
Maintainability and security
Another reason whycondo in Philippines became popular is because of its maintainability as well as security. Though a number of apartments (building) are known for their security measures, in which landlords hire security personnel to assure the safety of their tenants, condominiums are both known for its security personnel as well as maintenance team that reassures the livability of their condominium.
Amenities
This is a new addition to some newcondo in Philippines. Condominium complexes are new types of condominiums in the Philippines which are mostly found around Metro Manila, in the outskirts or even in provincial areas. One popular feature of condominium complexes are its amenities include swimming pools, gyms, and recreational facilities that allows their residents to enjoy freely but exclusively.
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