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What made condominiums so popular in today’s modern trends? According to many Filipinos, the reason why condominiums have become a very popular type of housing is because of its luxurious living space, particularly because most of these condominiums are found in business and commercial districts, such as those high-rise makati condo. And because most of these condominiums are found in such locations, many of its residents have been given the luxury not only of its living space and lifestyles, but also the luxury of living within walking distance to their workplaces. A convenient condominium Because of its location, many Filipinos found these types of housing convenient particularly in today’s modern and fast-paced lifestyles. By allowing Filipinos a chance to live within walking distance to their workplaces, many Filipinos found a new definition of modern housing other than offering a luxurious living space compared to that of townhouses. Condominiums vs. Townhouses Townhouses, though very luxurious, are not as beneficial compared to condominiums in terms of location. Although there are townhouses found in small footprints in the city, such as those found around Ortigas, Pasig City, their location may still not be as near enough to allow its residents to get to their workplaces by foot, though these types of housing still provided them with the accessibility they needed. Condominiums vs. Apartment buildings However, compared to apartment buildings, condominiums may have found its main competitor in terms of providing the best type of modern housing. According to many real estate experts, a number of new apartment buildings have been found in the same location in which condominiums have become popular, such as where most makati condo are found. Another is that renting an apartment unit is cheaper compared to condominiums, a number of Filipinos chose to live in an apartment building compared to living in a condo unit, such as the many makati condo. But there are several reasons as to why many Filipinos would still choose to live in a condominium rather than in an apartment unit. One is that condominiums can offer a more permanent residence compared to renting an apartment unit, which can also protect them from eviction. Disadvantages There are, however, several disadvantages to owning a condominium unit compared to its competitors. One popular example is its condo fees. These fees are separate from the water and electric bills, in which these fees are paid for the maintenance of their condominium as well as wages for its staff such as its maintenance and security personnel. For more information visit to our site at http://www.atayala.com
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