What made condominiums popular in the Philippines? According to Philippine real estate experts, as well as a number of Filipinos, condominiums are some of the most popular types of housings in the Philippines today. It is also known as the most popular modern housings that can offer the different kinds of benefits that different Filipinos are looking for. So what are these benefits?
Different Types of Condominiums There are two popular types of condominiums in the Philippines today; these are condominiums and condominium complexes. Both types of housings are known for their own benefits that different Filipinos can enjoy. Here are some of those advantages that residents can experience when living in one of these popular and modern types of housings in the Philippines:
Condominiums The typical types of condominiums are mostly found near or within business and commercial districts, such as those found in Makati City and other similar places around the Philippines. The benefit of its location is its accessibility to workplaces and other popular entertainment places, allowing its residents to have the luxury of living within walking distance or mass transit distance from these places. This makes it easier for them to avoid the usual hassles of rush hour.
Another reason why these types of Philippine real estate became popular in the market is because these are the only types of modern housings that can offer amenities such as gyms, indoor swimming pools, as well as a full-size sports complex complete with basketball, volleyball, and badminton courts.
Though found in some of the busiest districts in the Philippines, these condominiums can still offer their residents the peace and privacy they are looking for in a home. The view of the whole city from their windows is also stunning. However, the disadvantage of these types of housings is its lack of environment for a growing Filipino family, which is why condominium complexes were founded.
Condominium Complexes The difference between condominiums and condominium complexes is its location, in which condominium complexes are mostly found around the outskirts of Metro Manila or even in the provinces. The advantage of these types of residential Philippine real estate is its family-oriented environment.
Because most of these are found in peaceful and wide open locations, children can easily and freely run and play around the whole complex. In addition to the usual types of amenities that condominiums can offer, condominium complexes can also offer recreational parks and playgrounds for their growing children.
The disadvantage of these types of housings is its location, which is found too far from the city, making it harder for Filipinos to get back to the city, particularly for their work.