The Advantage And Disadvantage Of Other Types Of Housing

Condominiums, apartments, and townhouses have also become very popular in the Philippines. Each of these types have their own advantages and disadvantages for its residents or tenants. So what are the advantages and disadvantages of these other types of housing?


Houses are one of the most popular types of residential Philippines properties today. However, there have been many other popular types of housing other than the typical house. These are condominiums, apartments, and townhouses. Each of these types have their own advantages and disadvantages for its residents or tenants. So what are the advantages and disadvantages of these other types of housing?

Condominium: Advantages
Condominiums have become very popular in the market even though it was only recently introduced in the market compared to townhouses and apartments. Here are some of the known advantages of owning a condo unit.

* Compared in the past, condominiums have become more affordable, allowing the middle class of society to easily afford to buy one.
* Location is also an advantage. Most condominiums today are found near or within major business districts which allows its residents to be within close proximity to their workplace, giving them the advantage to avoid rush hour.
* Condominium complexes are also known for its amenities such as swimming pools, gyms, and recreational areas which adds to its luxury.


Condominium: Disadvantages
Although condominiums are one of the most popular types of residential Philippines properties today, there have also been several disadvantages to owning a condominium. These are:

* Its monthly fee is one of the known disadvantage of owning a condo unit. Condominium owners are obligated to pay these monthly fee, other than their monthly electric and water bills, which are usually used to maintain the whole compound or building. It is also used as wages for maintenance personnel as well as its security.
* Condominiums are also known for its restrictions from simple restrictions such as no pets allowed in the condo to extreme restrictions such as the number of residents per unit as well as restriction in children.


Townhouse: Advantages
One of the oldest types of residential Philippines properties, townhouses are still known for their advantages. These include:

* Luxurious living experience, particularly because of its exterior designs that signifies wealth.
* Some townhouses are also known to offer the same amenities that condominium complexes have.


Townhouse: Disadvantages
Townhouses are still known for its disadvantages such as:

* Too expensive. Townhouses, particularly those from complexes, are known to be more expensive than the typical house.


Apartment: Advantages
For years, apartments have been known for its advantages for many Filipinos. These include:

* Little capital needed. Unlike buying a house or a condominium, apartments are usually rented or leased which is much cheaper than these types of housing.
* Apartments could also serve advantageous for many people looking for temporary residence such as students.


Apartment: Disadvantages
Like many other, apartments are also known for its disadvantages. Such disadvantage include:

* Cannot provide the sense of permanence that other types can provide.
* Tenants are prone to eviction.
* The landlord is still the owner of the apartment, which gives him/her every right to modify their apartments as they please.