Which is the best, houses or condominiums? There are many popular types of residential Philippines properties available in the market today. However, according to many real estate experts, condominiums and houses are considered as some of the best types of housing in the Philippines. So what made these types of housing popular in today’s market?
Traditional Vs. Modern Housing in the Philippines
Condominiums, for many Filipinos, are considered as some of the best types of modern housing in today’s market, while houses have remained the basic or traditional type of housing in the Philippines. Each type of housing has their own advantages and disadvantages in which many Filipinos can benefit from. Here are some advantages and disadvantages of living in a house or a condominium unit.
According to many real estate experts, houses have significantly lost all its popularity due to the popularity of other types of housing, such as condominiums, townhouses, and apartments. However, there are still a number of reasons why houses are still one of the most popular types of housing in the Philippines. One reason is because of its affordability.
Compared to townhouses and condominiums, houses are far more affordable. And because not all Filipinos can afford to buy a condominium and townhouse unit, these traditional houses became very popular among many Filipinos.
However, other than its affordability, houses are also known for its family-oriented environment. Compared to condominiums which are normally found in the city, houses are mostly found in residential districts or in the suburbs. Because of its location, many Filipinos found these types of housing suitable for the needs of their growing children.
Contrary to popular belief, houses can still offer the accessibility to workplaces and popular entertainment districts that many Filipinos are looking for today. The only difference is that condominiums, and other types of housing, are known to offer the best accessibility in the country.
Another advantage of houses, particularly the new ones, is its new term of payment, in which Filipinos can own their home, while paying for it in installment. According to many Filipinos, these types of Philippines properties are those found in the outskirts, and that these are usually more affordable compared to renting an apartment.
However, the disadvantage of these types of housing is its accessibility. Because most of these are found in the outskirts, residents may find it harder to get back to the city for their work or for entertainment.
Considered as the modern type of housing in the Philippines, condominiums have become one of the most popular types of housing in the Philippines. Part of the reason is because most of these types of Philippines properties are found in business and commercial districts.
Because of its location, many Filipinos found this sufficient for their needs, which allowed them to live within walking distance from their workplaces, a type of benefit which is rare in many other types of housing, particularly houses.
Another luxury of living in these types of residential Philippines properties is its maintainability as well as its security. All types of condominiums are known for its maintenance personnel who oversee the maintenance of all facilities found in the condominium, while its security assures the safety of all its residents.
Other than condominiums in the city, a number of condominiums are also found in the outskirts as well as in the provinces. These types of condominiums are known as condominium complexes. The advantage of these types of condominiums is its family-oriented environment which is suitable for a growing Filipino family.
However, the disadvantage of these types of housing is its expensiveness. Another is its condo fees in which residents are obligated to pay every month in which these fees are used for the maintenance of its condominium.For more information visit to our site at http://www.ayalalandpremier.com
Harry Dobell is a business entrepreneur from Florida.He’s now based in Cebu City and writes in her spare time for various articles including Ayalalandpremier.com.