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Modern Housing of the Philippines- Condominiums by Catherine Ruiz





Article Author Biography
Modern Housing of the Philippines- Condominiums by
Article Posted: 09/09/2010
Article Views: 124
Articles Written: 381
Word Count: 593
Article Votes: 1
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Modern Housing of the Philippines- Condominiums


 
Real Estate
What is the best type of residential real estate in the Philippines, particularly in today’s modern trends? According to many Filipinos, some of the most popular types of modern housing in today’s modern and fast-pace lifestyles are condominiums.

Part of what made condominiums a very popular types of housing in the Philippines is because of its benefits which clearly conforms in the many necessities in which Filipinos are looking for. One apparent reason for that is its location.

Modern housing: Condominiums

Accessibility One of the many benefits in which Filipinos loved with condominiums is with its accessibility to key locations of the city. This is because condominiums are mostly found in business and commercial districts, such as in business and commercial districts.

Because of its location, residents are given the luxury of living within mass transit distance or even walking distance to their workplaces, a kind of necessity in which many Filipinos are looking for in today’s modern and fast-paced lifestyles.

Although found in the busiest districts of the Philippines, these type of Philippine real estate can still offer the privacy, peace, and relaxing environment in which many Filipinos are looking for. According to many of its residents, the view of the city from their windows is also breath-taking.

However, other than its location, condominiums are also known for other important necessities. One is its maintainability and the other is its security.

Maintainability Condominiums normally hire their own maintenance personnel who are tasked to maintain all facilities found in the condominium from hallways to elevators and cooling systems. This makes their living spaces more luxurious compared to other types of Philippine real estate in terms of maintainability.

Security Because most residents are of high-stature, such as company executives, all types of condominiums found in those areas are known for its security personnel who assure the safety of all their residents.

Family-oriented However, other than these types of condominiums, a number of new condominiums were also introduced in the Philippines which offer a home for the modern Filipino family. These new types of condominiums are known as condominium complexes.

Part of what made condominium complexes a family-oriented type of Philippine real estate is because of its location, which are mostly found outside the city, mostly in the outskirts or even in provinces such as in Tagaytay. Because of the environment it offers, condominium complexes quickly became a popular type of modern housing for the modern Filipino family.

Amenities In addition to its family-oriented environment, condominium complexes are also known for its amenities including swimming pools, gyms, recreational parks, and playgrounds in which residents can freely and exclusively enjoy.

Disadvantages There are, however, a number of disadvantages in living in a condominium. For condominiums in the city, these types of housing are normally unsuitable for a growing Filipino family particularly for growing children, while living in a condominium complex may not be suitable for Filipinos working around the clock. This is because living in the outskirts or in provinces makes it harder to get back to work, particularly because of rush hour.

Other than its separate disadvantages, all types of condominiums are also known for its condo fees, which can be a disadvantage for many Filipinos. Other than its apparent expensiveness, residents are also obligated to pay a sum of fees to the condominium which is used for the maintenance of all facilities found in the condominium as well as wages for its maintenance and security personnel.For more information visit to our site at http://www.atayala.com

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