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There are many popular types of residential Philippines properties available in the market today. And according to many industry experts as well as Filipinos, condominiums and apartment buildings are some of the best types of modern housings in today’s modern and fast-paced lifestyles. So what are the things that made condominiums and apartment buildings popular? Sharing One Goal According to real estate experts, there is one benefit that condominiums and apartment buildings share. And this is its locations, which are mostly found in business and commercial districts. Its location allowed their residents and tenants the advantage of living within walking distance from their workplaces, which is a very advantageous benefit for many modern Filipinos. Many real estate experts had said that these types of housings aim to offer Filipinos the chance to live within walking distances from their workplaces, making it easier to avoid the hassles of rush hour. And although found in some of the busiest districts in the Philippines, these types of residential Philippines properties can still offer the privacy and peace that every residents deserve. However, there are also a number of differences between condominiums and apartment buildings other than its ownership, in which condominium units are owned while apartment units are rented. These are some of those differences that made each type of housing popular in the market: Affordability One major reason why apartment buildings became popular for many Filipinos is because of its affordability. This is because these types of housings are usually rented rather than bought, which is much more affordable compared to investing hundreds of thousands of Pesos. However, there are also a number of new condominiums in the Philippines today that can be bought and paid in installment, allowing it to compete with apartment buildings. However, according to many Filipinos, the down payment required for these condominiums are usually expensive. Amenities What set condominiums apart from other modern types of housings, such as condominiums, is its collection of amenities. Most of these types of residential Philippines properties offer amenities such as gyms, while some of the newer condominiums can offer amenities such as an indoor swimming pool as well as a full-size sports complex complete with basketball and volleyball courts.
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