subject: What Makes Condominiums Popular In The Philippines [print this page] What Makes Condominiums Popular In The Philippines
Houses are some of the most popular Philippines properties for sale today. However, other than just houses, a number of new housing have also been made available across the market. And one of the most distinguished of these are condominiums. Condominiums are types of housing which is similar in form with apartment buildings. However, compared to apartments, condominiums are mostly owned rather than rented or leased.
The popular condominium of the Philippines
Location advantage
Condominiums, according to many experts, is one of the many Philippines properties for sale today which became rapidly became popular compared to other types of housing in the Philippines. Many experts have said that condominiums were only recently introduced in the Philippine market compared to other types of housing, such as apartments and townhouses. However, for less than a decade, condominiums have significantly grown in the market, which is due to the increasing demand for these types of housing.
Part of what made condominiums more popular in the market is because of the same reasons why many apartment buildings became popular. This is because of its location. Similar to many popular apartment buildings, condominiums are also found in locations near or within a business or commercial district. The advantage of living in these areas is because of the benefit of living within walking distance or mass transit distance to their workplaces, allowing them the luxury of avoiding rush hour.
Luxurious living
Though found in the busiest area in the Philippines, such as in Makati City, Ortigas, and Eastwood, these condominiums are still known to provide the luxury of living peacefully in the heart of these cities. Residents are assured that these types of Philippines properties for sale can still provide the privacy that every people needs in their homes.
New condos
Because of its rapid growth the market, as well as the never ending demand for new condominiums, a number of new condominiums were introduced in the market. One of the most recognized are condominium complexes. Similar to townhouse complexes, these types of condominiums are also found in areas far from the city, mostly found in the outskirts or even in provincial areas.
Though at a disadvantage, condominium complexes do have its own points why it became popular for many Filipinos. One is that these types of condominiums are more family-oriented compared to condominiums found in the city. And two, these condominiums are known for their amenities which are not found in city condominiums, such as swimming pools, parks, playgrounds, and even a gym.
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