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In-Demand and Popular Houses and Condominiums by Harry Dobell





Article Author Biography
In-Demand and Popular Houses and Condominiums by
Article Posted: 02/04/2011
Article Views: 38
Articles Written: 510
Word Count: 442
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In-Demand and Popular Houses and Condominiums


 
Real Estate
What is the best type of housing in the Philippines? There are many types of Philippine real estate today, and each of these is known to offer different benefit to its residents. Popular examples are condominiums and houses.

Houses, though not as popular as condominiums, are still considered as one of the most in-demand types of housings in the Philippine market, while condominiums, though can’t outpace the sheer demands for houses, are known for its popularity among the wealthy. So what made these types of housings popular?

In-demand Houses Part of the reason why these types of residential Philippine real estate are still in-demand even in today’s modern competition is because of its affordability. Compared to most modern types of housings such as condominiums and townhouses, houses are far more affordable. According to many Filipinos, the cost of a single condo unit or townhouse unit in business and commercial districts are enough to buy a two to three-story high house in neighboring residential districts such as in Caloocan City and in some parts of Quezon City.

However, the popularity of houses had significantly grown when a number of new houses are established around the outskirts of Metro Manila. And most of these new houses are found in exclusive housing communities.

The advantage of these new houses is its security and family-oriented environment along with amenities such as swimming pools, recreational parks, and playgrounds. However, the main advantage of these new houses is that these can now be bought and paid in installment, making these types of new houses more affordable compared to renting an apartment.

Popular Condominiums Condominiums, on the other hand, became popular and in-demand compared to other types of modern housings, is because of its many benefits. Other than its location, which can offer a chance for Filipinos to live within walking distance or mass transit distance from their workplaces as well as other popular entertainment districts, condominiums are also known for offer amenities that other types of modern housings lack, such as gyms, indoor swimming pools, and even a full-size sports complex.

Other than in the city, there have also been a number of these types of Philippine real estate found in the outskirts of Metro Manila as well as in the provinces which are known as condominium complexes.

The advantage of living in these types of condominiums is that residents can enjoy its peaceful and serene environment away from the city, while enjoying similar amenities found in other condominiums, with the addition, however, of recreational parks and playgrounds. This made it more popular among many modern Filipino families.

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