7 things I love about living in Mount Druitt
In the real estate boom of the past three years homes within the Blacktown LGA, which covers Mount Druitt, have sold for $ 1 million. A $ 68 million apartment … Ancestry in the area includes the Philippines, Iraq, Pakistan, India, Fiji and many others …
Read more on Domain News
7 things I love about living in Mount Druitt
Trump hits Carson over stabbing story, talks about hosting 'SNL'
Washington (CNN) — Donald Trump said Sunday (Monday, November 9 PHT) that he remains alarmed by Ben Carson's claims of having a violent temper as a youth, but the real estate mogul said he doesn't know if his Republican presidential rival has been …
Read more on CNN
Condominiums are considered today as some of the best types of modern housings in the Philippines. Although widely spread all over the country, there are still a number of things that many Filipinos still doesn’t know about condominiums, such as the agreement of its type of ownership and other important information about condominiums.
What is a Condominium?
Condominiums are any type of housing, may it be an apartment or a house, in which an individual or group of people owns a unit or a house while other facilities found in the condominium are jointly owned. Other than just a name of a type of housing, condominium is also a type of housing tenure, or a type of ownership.
According to Philippine real estate experts, condominiums and apartment buildings are similar with each other in terms of physical form. Like apartment buildings, condominiums are mostly found in business and commercial districts. And like apartment buildings, condominiums are also made up of a high-rising building. The difference, however, is with its housing tenure or ownership in which apartment units are normally rented while condominiums are owned individually.
Another difference of condominiums from any other types of housings in the Philippines is the condo fees. These fees are separate from the monthly bills that residents have to pay, in which they fees are used internally. According to Filipinos, these condo fees are used for the maintenance of their condominium, as well as wages for its maintenance and security personnel.
Although considered as a disadvantage, particularly because most condo fees are expensive, these are necessary to maintain the integrity of their condominium, such as its cleanliness, as well as its security.
What made condominiums stand out in the market, compared to other similar types of modern housings in the Philippines, is its collection of amenities. Compared to apartment buildings and townhouses, condominiums are the only types of modern housings that offer amenities to their residents.
Most condominiums are known to offer their residents with amenities that they can freely and exclusively enjoy. Many Philippine real estate experts have said that most of the older condominiums offer gyms as their amenities, while some of the new condominiums are known to offer amenities such as an indoor swimming pool as well as a full-size sports complex.
Another reason why condominiums became popular is because of its diversity. Similar to townhouses, condominiums are not only found in business and commercial districts, there are also a number of condominiums found in the outskirts or even in the provinces.
These types of residential Philippine real estate are known as condominium complexes and these types of condominiums normally aims to offer housing for modern Filipino families because of its family-oriented environment as well as facilities that accommodates the needs of a growing child such as recreational parks and playgrounds.For more information visit to our site at http://www.avidaland.com
Samuel Caballero is a business entrepreneur from Davao City Philippines.He’s now based in California and writes in his spare time for various articles including avidaland.com
There are a number of popular types of housing in the Philippines today; these include condominiums and apartment buildings, while other types of housings such as townhouses and houses have also been equally popular and in-demand in the Philippines. So what made these types of housings popular in the market? What are its unique benefits […]
Planning to buy a house for you or your family? Well what kind of housing do you prefer? There are many popular types of residential Philippine real estate for sale in the market today that gives every Filipino the freedom to choose which type of housing best suits their needs. And each of these types […]
Belize is a tropical Caribbean paradise where it pretty much has everything you’ll ever want without ever spending more or traveling far. There is a plethora of places where you can visit and discover than any other place in Central America. Aside from numerous places you can visit, you can also do a lot of […]
Have you ever seen those websites about buying houses with “No Money Down?” They have all kinds of people offering great testimonials in little videos about how they have gotten rich, buying rental properties, with absolutely no money out of their pocket. There’s usually a wealthy looking man or woman talking to someone about their […]
Bpo Real Estate Jobs I first started writing about my experiences of opening overseas call centers back in 2004 and now with 2010 just around the corner; I’d like to reflect on the changes that I have observed over the years and give a few predictions of what I think will happen in the near […]
- Different Popular Types of Housing in the Philippines
- Other Types of Modern Housing in the Philippines
- Advantages and Disadvantages of Different Housing in the Philippines
- Benefits of Popular Types of Housings in the Philippines
- Advantages of Different Housings in the Philippines
- Extraordinary Belize Real Estate Properties
- Cebu City, Philippines – The Good, the Bad and the Ugly
- Growing Popularity of Condominiums in the Philippines
- Bpo Real Estate Jobs – Mecca For BPO
- Traditional Vs. Modern Housing in the Philippines