There are many popular types of housing in the Philippines today. And one of the most popular according to many Filipinos and real estate experts are condominiums. So what are the things that made condominiums a very popular type of housing in the Philippines?
Advantages and Benefits of a Modern House According to many real estate experts, the main reason why condominiums became a very popular type of Philippine real estate is because of its many benefits that conform in today’s modern and fast-paced lifestyles. One of those benefits is its location.
Accessibility Condominiums are mostly found in business and commercial districts in the Philippines, might it be in Makati City or in Ortigas Center, Pasig City. Because of its location, as well as the growing demand for types of housing which can offer easy access to business and commercial districts such as those mentioned above, condominiums rapidly gained a lot of popularity in the market.
Because of its location, residents were given the luxury of live within walking distance or mass transit distance from their workplaces, which is a benefit rarely found in other types of residential Philippine real estate, particularly with houses found in residential districts.
In addition to its location, condominiums are also known for its luxurious living space. Although found in one of the busiest districts of the Philippines, these condominiums can still offer their residents the peace and privacy that they are looking for. Many Filipinos living in one of these high-rising condominiums have even said that the view of the whole city from their window is breath-taking, particularly at night.
Maintainability and Security Another major advantage in which condominiums are known for is its maintainability as well as security. All types of condominiums are known to hire their own maintenance personnel who are tasked to maintain all facilities found in the condominium, from its hallways and parking lot, to its cooling systems as well as elevators.
Another luxury is its security personnel that assure the safety of their residents. This is because most of its residents are of high stature such as wealthy families and individuals, as well as company executives.
Modern Housing for Filipinos One disadvantage of condominiums is that these types are not as popular for many Filipino families, particularly for a growing Filipino family with their children. This is because these types of housing normally lack the necessary facilities to accommodate the needs of a growing child, such as wide open spaces as well as parks and playgrounds.
However, a new modern type of Philippine real estate was introduced to offer Filipino families the same modern luxuries that condominiums are known for, with the addition of family-oriented environment. These new types of condominiums are known as condominium complexes.
Family-Oriented Condominiums Condominium complexes are mostly found in the outskirts or in the provinces. These types of condominiums are also known for its wide open spaces, though mostly built for parking lots, its space is enough for children to run and play safely. Because of this, condominium complexes rapidly gained a lot of popularity for many Filipino families.
However, its main advantage is with its amenities, including swimming pools, gyms, recreational parks, and playgrounds in which residents can enjoy freely and exclusively.