subject: Why Many Filipinos Still Buys Houses [print this page] Why Many Filipinos Still Buys Houses Why Many Filipinos Still Buys Houses
Though condominiums have become a very popular type of housing in the Philippines, a number ofhouses for sale Philippines are still available across Metro Manila and around neighboring provinces.
Though the market today have been dominated by condominiums, due to its large demands as well as the continuous growth of condominiums in the market, more than half of Filipinos living in Metro Manila are still opting to buying a house of their own. This is because of its affordability compared to condominiums.
Why many Filipinos still buys houses
Condominiums have become a very popular type of housing in the Philippines because it allowed its residents to take advantage of its many benefits that many other types of housing lacks, particularly the typical house. One reason is that most of these condominiums are found in areas near or within walking distance to popular business districts and commercial areas, a type of benefit that houses commonly lack.
However, because of its location, which are highly in-demand, condominiums are known for its expensiveness. According to many Filipinos, the cost of buying a condominium from these location could allow a Filipino to buy a 2 to 3-story house in Caloocan or major parts of Quezon City. This is how expensive a condo unit could cost those locations. This is also the reason why most of these condominiums can only be afforded by the wealthy.
Because of this, a number ofhouses for sale Philippines became popular because of its affordability. Though these new houses are not as beneficial compared to condominiums, in terms of location, these houses do have its own benefits and advantages which still makes them very popular in the market. Part of this is its affordability, while other advantages may include new amenities that residents could enjoy.
A number of newhouses for sale Philippines, particularly those around Metro Manila and surrounding provinces, are known to provide the same luxury of living in a condominium complex, yet more affordable.
Condominium complexes are new types of condominiums in the Philippines which are known for its amenities, such as swimming pools, gyms, and other popular recreational facilities, such as parks and playgrounds for the children. These types of condominiums are also known for its capability to provide a perfect environment for a growing family. These benefits can also be provided by new housing communities around Metro Manila.
What made these new housing communities popular for many Filipinos is because of its affordability. However, a number of these housing communities can also provide the same amenities and environment that condominiums complexes became popular with, for the fraction of the cost.
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