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Which is the best type of real estate in the philippines, houses or condominiums? Houses are considered as the basic type of housings in the Philippines, while condominiums are known as one of the most popular modern types of housings in the market. Each type of housing became popular for their unique benefits. So what kinds of benefits that made these houses popularly in-demand, while making condominiums as the best choice for a modern housing? What Made Houses Popular? There are many reasons why houses are still in-demand, even in today’s modern lifestyles. One of the main reasons why is because of its affordability compared to most modern residential real estate in the philippines, such as condominiums and townhouses. There are also a number of new houses available in the Philippines that offer a new term of payment, in which residents would only have to pay for their house in installment compared to investing thousands of pesos in a condominium unit or in a house. However, other than just its new terms of payment, many of these new houses can also offer the same security that condominium complexes became popular with. This is because most of this new residential real estate in the philippines is found in exclusive housing communities, which are also found in the outskirts. And because these housing communities are guarded by security personnel, residents can rest easy about their safety. Other than its security and affordable housings, these new housing communities are also known to offer their residents the same amenities that made condominium complexes popular, such as swimming pools, parks, playgrounds, as well as a sports complex. The disadvantage of houses is its locations, which are mostly found in residential districts, while some of those new houses are found in the outskirts. Because of this, residents may find it harder to get back to their workplaces. What made Condominiums Popular? The main reason why condominiums became popular was because of its location, which is mostly found in business and commercial districts. Because of its location, its residents found these types of housings beneficial for their needs, which allowed them to live within walking distance from their workplaces as well as other popular entertainment areas in the district. However, there are also a number of condominiums found in outskirts, or even in the provinces. These types of condominiums are known as condominium complexes. And because of its location, these types of condominiums can offer more family-oriented housing compared to condominiums in the city. But what made condominiums and condominium complexes popular is because of its amenities. Most condominiums in the city can offer gyms, indoor swimming pools, as well as sports complexes, while condominium complexes can also offer the same amenity, with the addition of recreational parks and playgrounds. The disadvantage of condominiums, however, is the cost, which is very expensive. According to many Filipinos, the cost of a single condominium unit in the city is enough for them to buy a 2 or 3 story house in neighboring cities. There is also the disadvantage of its condo fees, which obligates every resident to pay for the maintenance of their condominium.
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