The Popularity Of Apartments In The Philippines

There are many types of residential real estate in Philippines in the Philippines today that Filipinos can choose from

. Some of the most popular today are townhouses and condominiums. One reason is because of its luxury which is not found from other types of houses. However, although condominiums and townhouses rises over the market, many Filipinos still choose to live in an apartment rather than in these types of housing. So what are the reasons why apartments are still popular?

Advantages of apartments

One of the main reason why apartments became popular for many people is because of its affordability. This is because apartments are normally rented or leased to tenants rather than sold such as the case for townhouses and condominiums. Although it offers a temporary residents, Filipinos could easily find a place to call their home.

There are different types of apartments in the Philippines today, each having their own advantage for specific situations or people. One of the most basic types of apartments is the studio type apartment.

Studio type apartments

The studio type apartment is one of the most popular type of apartment in the Philippines. This is because the studio type is usually the cheapest type of apartment in the market. However, the disadvantage of apartments is its size, which is usually smaller than your average condominium unit. These kinds of apartment usually consist mainly of a large room which is the living, dining, and bedroom combined.

These types of apartments are usually not appropriate for families, but are more perfect for non-married people, such as students. Because of its small size as well as its cheapness, students from provinces can find a suitable, temporary residence while studying. This is one of the few reasons why apartments are still one of the most popular residential real estate in Philippines.

One-bedroom apartments

Another popular type of apartments in the Philippines are the one-bedroom apartments. These types of apartments are normally larger than the studio type, and that a single room is separated from the rest of the unit. This gives its tenants more privacy. These types of apartments are perfect for small families.

Other than the one-bedroom, there are also the two-bedroom, three-bedroom apartments which are larger than the other. These types are what makes apartments more popular. Although a lot expensive than the studio types, many Filipinos still choose to stay in these types of housing which makes apartments as one of the most popular residential real estate in Philippines.For more information visit to our site at http://www.atayala.com

by: Deirdre Gonzales

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