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Popularity Of Housing Units In The Philippines by Catherine Ruiz





Article Author Biography
Popularity Of Housing Units In The Philippines by
Article Posted: 06/24/2010
Article Views: 75
Articles Written: 381
Word Count: 516
Article Votes: 1
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Popularity Of Housing Units In The Philippines


 
Real Estate
There are many types of housing in the Philippines today, and some of the most popular types of housing are condominiums and apartments. Condominiums, according to many Filipinos, have only been recently introduced in the market, while apartments have long been known in the Philippines.

Both type of housing has become popular across the country, particularly in Metro Manila in which the number of apartments, and particularly condominiums, have significantly risen over the years. So what made these types of housing popular in the Philippines and for many Filipinos?

Condominiums and apartments Apartments have long been known in the Philippines, particularly because of its benefits for a lot of Filipinos. According to many Philippine real estate experts, apartments are the type of housing for many Filipinos who cannot afford to buy a new house of their own. This is because apartments, compared to other types of housing such as the typical house, are mostly rented rather than bought.

However, apart from its affordability, apartments are also known for other benefits, such as its location. Most apartments (buildings) are found not in the suburbs, which is unlike other types of apartments, but are usually located near business and commercial districts. Because of this, Filipinos aren't only given the advantage of affordable housing, but also a type of housing near workplaces and commercial areas.

Similar to apartments (buildings) are condominiums. Condominiums are a type of housing which is known for its location. Like apartments, condominiums are mostly sited in locations near, or even within, business and commercial districts, allowing their residents the luxury of living within walking distance to their workplaces as well as popular recreational spots like malls and parks.

Other than its location, condominiums also became popular for Filipinos because of its luxurious lifestyle. Mostly found in the heart of the city, these condominiums are known for their luxurious interior designs as well as exterior designs. What made it more popular is that, though found in the heart of the busiest district, most of these condominiums can still provide the peace and quiet that every residents need in their house. However, according to many Philippine real estate experts, the only disadvantage is that these condominiums are usually expensive.

New condominiums and apartments Other than the usual condominiums found in the city, a number of new condominiums have also been erected across Metro Manila as well as surrounding provinces. These new condominiums are known as condominium complexes. Similar to townhouse complexes, these new types of condominiums are known for their luxurious and peaceful environment, as well as amenities such as swimming pools, gyms, recreational parks, and playgrounds which residents can freely enjoy.

Other than condominiums, a number of new apartments (building) have also been introduced. According to many Philippine real estate experts, a number of new types of apartments, such as the one/two/three-bedroom apartment have become very popular among many Filipinos. And like most apartments (building), these new types of apartments are also known for its location. For more information visit to our site at http://www.atayala.com

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