The Rise Of Condominiums Vs. The Surviving Houses

Some of the most in demand types of residential Philippines properties for sale in the market today are houses and condominiums. According to many Filipinos, though houses are still popular among many Filipinos, condominiums have recently gained a lot of recognition in the market, particularly because of the benefits that many Filipinos can attain in living in a condo unit rather than in a house.

However, though condominiums have recently gained a lot of leverage in the market, many Filipinos still preferred living in a house rather than in any unit. So what made condominiums popular in the market? And what is the reason why houses still managed to compete in the market dominated by other types of housing such as condominiums?

The rise of condominiums Compared to other types of housing such as apartments and townhouses, condominiums have only been recently introduced in the Philippine market. However, condominiums today have outpaced apartments and townhouses in terms of demands and popularity. Part of what made these types of residential Philippines properties for sale are its benefits, one in particular is its location.

Many condominiums in the Philippines are mostly found near or within a business district, such as Makati City or in Ortigas. This made it easier for its residents to get to their work, because most of these condominiums can provide them the luxury of living withing walking distance to their workplaces.

Eventually, a number of new condominiums were introduced the market, which included the now very popular condominium complex. Compared to the typical condominiums found in the city, these types of condominiums are mostly found in areas far from the city, usually in the outskirts or in provincial areas.

Because of its location, condominium complexes are more directed to provide housing for the Filipino family because of its family-oriented environment and functions such as swimming pools, parks, and playgrounds.

Why houses are still popular Although owning a condominium can provide a specific need its specific answer, the reason why many Filipinos still preferred to live in a house rather than in a condo unit is because of its affordability. Because of the growing competition in the market, which is now widely dominated by condominiums, houses have become more and more affordable.

New housing communities have also become popular because of the same luxuries that condominium complexes can provide, such its location as well as amenities including swimming pools, parks, and playgrounds. The difference, however, is that the type of residential Philippines properties for sale they provide are much more affordable compared to condominium complexes.For more information visit to our site at http://www.avidaland.com