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Houses vs. Condominiums in the Philippines by Harry Dobell





Article Author Biography
Houses vs. Condominiums in the Philippines by
Article Posted: 08/27/2010
Article Views: 86
Articles Written: 510
Word Count: 564
Article Votes: 1
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Houses vs. Condominiums in the Philippines


 
Real Estate
According to many Filipinos, condominiums are some of the best types of housing in the Philippines today. This is because of its many benefits which conforms to the many necessities in which Filipinos are looking for.

However, though condominiums have gained a lot of popularity in the Philippines, houses are still known as one of the most in-demand, which is also because of its benefits in which other types of housing, such as condominiums, lack.

So which of these types of housing are the best?

Houses vs. Condominiums

Houses: Advantages The main advantage of houses in today’s modern and fast-paced lifestyles is its affordability. According to many Filipinos, the cost of a single condo unit in the city, such as in Makati City or those found in Ortigas, Pasig City, is enough for them to buy a new 2-story house for sale Philippines.

Another advantage is that most houses are found in residential areas or in the suburbs, which offers a more family-oriented environment compared to condominiums.

Advantages of new houses There are also a number of new houses in the Philippines which are known to offer a new terms of payment, allowing more Filipinos to own their house rather than to rent an apartment. This is because most of the new house for sale Philippines can be bought and paid in installment, which is far more affordable compared to other houses.

In addition to its new terms of payments, these new house for sale Philippines, particularly those found in housing communities, are known for their amenities, including swimming pools, recreational parks, and playgrounds.

Houses: Disadvantages The main disadvantage of houses and these new houses is its accessibility to business and commercial districts. However, houses found in residential areas are still known for its accessibility, but not unlike condominiums.

Condominiums: Advantages The reason why condominiums became popular, and why it’s considered as a type of modern housing, is because of its accessibility to business and commercial districts.

Most condominiums in the Philippines are found in business and commercial districts, such as in Makati City. Because of its location, residents were given the luxury to live within walking distance or mass transit distance from their workplaces as well as popular entertainment or “hang-out” places.

Advantages of new condominiums A number of new condominiums have also been introduced in the Philippines, which includes the popular condominium complex. These types of condominiums are mostly found in the outskirts, while some are even found in provincial areas.

The main advantage of these types of housing is its family-oriented environment as well as its amenities including swimming pools, gyms, recreational parks, and playgrounds.

Condominiums: Disadvantages Compared to houses, condominiums and condominium complexes are far more expensive. There is also the disadvantage of condo fees, which are paid for the maintenance of all facilities found in the condominium as well as wages for their security and maintenance personnel.

Another disadvantage is that condominiums in the city are not suitable for a growing family, particularly because these are found in the busiest districts of the Philippines. Though condominium complexes are known to provide a more suitable environment for a family, these, however, are too far from the city, which makes it harder for residents to get back to their work.For more information visit to our site at http://www.ayalalandpremier.com

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