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Other than the physical form of a building or a house, there is yet another way for determining the difference between an apartment from other types of housing. This is with its ownership or more commonly known in the industry as housing tenure.


How do you determine the difference of an apartment (building) and a condominium building? How can you distinguish the difference between an apartment and a house? Other than its physical form, there is yet another way for determining the difference between an apartment from other types of housing. This is with its ownership or more commonly known in the industry as housing tenure.

Difference through ownership
Apartments can be anything from a condominium unit or a townhouse unit, to typical houses. Any type of housing can be be made as an apartment by its owner. This is the reason why determining its ownership is important to distinguish a type of housing from apartments. This is where housing tenures are useful.

The term housing tenure is widely used in residential real estates which deals with the legal arrangement for the right to occupy a dwelling, which is also known as ownership. According to many philippine real estate experts, two of the most frequent type of housing tenure are owner occupancy, which is the housing tenure that governs houses, and tenancy, which usually deals with apartments. In terms of condominiums and townhouses, its ownership is also different from houses.

However, other than the difference between apartments and other types housing, condominiums, townhouses, and houses are also different from each other. Though condominiums, townhouses, and houses may offer the same type of ownership, which is a permanent residence compared to apartments, its housing tenure is different from each other. Condominiums and townhouses are governed a modified type of owner occupancy, which is known as a strata title or common hold.

These types of ownership involves the ownership of a condo unit or a townhouse unit. However, other facilities found in the building or compound such as hallways, elevators, and other recreational facilities are jointly owned by all the owners of the condominium or townhouse. This also involves the giving of a fee, either monthly based or yearly based, as a means for maintaining the condominium or townhouse as well as its security.

Other types of housing tenure
Other than those mentioned above, a number of new housing tenures have been created as modified form or combined form of owner occupancy and tenancy. These new forms include:

Cooperative housing: Ownership of the entire building or complex is held in common by a homeowners' association. Individuals have the right to occupy a particular apartment by mutual agreement but do not hold exclusive ownership to it. Public housing: Government-owned housing, whether provided for free or leased at a subsidised rate. Squatting: Occupation by non-owner without permission by the owner, if any.

Apartments are some of the most popular types of housing in the Philippines. Part of what made it popular is its affordability. However, there are other reasons why apartments became popular. And here are the reasons why:



Other than condominiums, townhouses, and the simple house, apartments are also popular with many Filipinos. Part of what made apartments popular with Filipinos is with its affordability. This is because apartments are mostly rented or leased rather than being purchased which is usually the case with other types of housing. This allows Filipinos to find a suitable home without having to invest too much.

Popularity of apartments
Apartments became popular because of its affordability, which allowed many Filipinos to have a suitable home without investing too much on condominiums or houses. However, affordability is not the only reason why apartments became popular. There are also other reason why apartments became one of the most popular types of housing not only in the Philippines but across the world.

Studio type apartments
One popular type of apartment in the Philippines today is the studio type apartment. These types of apartments became popular because of its cheap rental fee. According to many Philippines properties experts, these types of apartments tend to be the smallest apartments with the cheapest rents in a given area.

Although considered as the smallest, most of these types of apartments are found within walking distance or mass transit distance from major business districts such as Makati City and other popular commercial areas. This makes it easier for residents to get to work immediately, while paying little for the rental fee.

One/two/three bedroom apartments
However, studio type apartments are usually for non-married individuals, and not appropriate for families with 3 or more members. This is the reason why the one/two/three bedroom apartments were introduced in the market. These types of apartments are usually appropriate for families. And like the studio type apartments, these are also found near major business districts, which is a benefit for many Filipinos. According to many Philippines properties experts, the difference with studio type apartments, other than its size, is its cost, which is more expensive than renting a studio type apartment.

Garden apartment complex
Other than the studio type apartments and the one/two/three bedroom apartments, a new type of apartment was introduced in the Philippines. According to many Philippines properties experts, these new types of apartments are similar to townhouse complexes and condominium complexes in terms of location and amenities. These are the garden apartment complex.

A garden apartment complex consists of low-rise apartment buildings built with landscaped grounds surrounding them. A garden apartment has some characteristics of a townhouse: each apartment has its own building entrance, or just a few apartments share a small foyer or stairwell at each building entrance. Unlike a townhouse, each apartment occupies only one level.

Other than just the typical house found in the suburbs, usually known as the single-family detached home, condominiums and townhouses are also considered as a type of housing, which are also included to the many Philippines properties for sale in the market today.

ARTICLE BODY:

There are many types of Philippines properties for sale today. Apart from land, which is usually the first thing that comes into mind when we speak of properties, houses are also considered as a type of property (though most commonly known as real estate). In today's market, majority of properties for sale in the Philippines today are houses.

Other than just the typical house found in the suburbs, usually known as the single-family detached home, condominiums and townhouses are also considered as a type of housing, which are also included to the many Philippines properties for sale in the market today.

Condominiums
Compared to other types of housing, including apartments, condominiums were only recently introduced in the Philippine market. According to many real estate experts, condominiums first became recognized because of its luxuries such as its lifestyle as well as with its benefits. One particular benefit that condominiums became popular in the Philippines with is its location.

Condominiums became popular for its location, which are usually found near or inside major business districts of the Philippines, such as in Makati City and Ortigas, Pasig City. This gives its residents the luxury of living within walking distance or mass transit distance to their workplaces.

Another popular feature of most condominiums today is its amenities. New types of condominiums such as condominium complexes are known for its luxuries such as swimming pools, gyms, spas, and recreational parks that other types of condominiums lack. These new types of condominiums, however, are usually found in the outskirts such as in Novaliches and Taguig, while some are even found in provincial areas.

Townhouses
One of the oldest types of housing in the Philippines, along with apartments, townhouses are still one of the most popular residential Philippines properties for sale. Part of what made it popular in the past and in today's market is with its luxurious living experience. Townhouses are much similar to the typical house, though smaller for some.

However, what made townhouses more popular today is because of its townhouse complexes. Similar to condominium complexes, townhouse complexes became popular for its amenities such as those mentioned above. The difference between townhouse complexes and condominium complexes are its cost. According to many Filipinos, townhouse complexes are far more expensive than buying a unit on a condominium complex.

Condominiums became popular because of its luxurious lifestyle. However, other than its luxuries in its designs and lifestyle, other forms of luxuries are found with its benefits. So what are these luxuries?



Apart from apartments, condominiums have also gained popularity among the many Filipinos because of its benefits that many other types of housing cannot achieve. Although its luxuries are found with its lifestyle, its designs, as well as with its culture, other forms of luxuries are found with its benefits.

The luxury of location
The first luxury that many Filipino enjoyed living in any condo in Philippines is with its location. Most condominiums are found near or inside major business districts such as in Makati City and in Pasig City. This gives its residents the luxury to live within walking distance or mass transit distance to their workplaces, allowing them to avoid the usual rush hour.

The luxury of maintainability and security
Another advantage of any condo in Philippines is its maintainability as well as its security. Condominiums usually have their own maintenance personnel that maintains the livability of their condominium. Security personnel are also hired to assure the safety of all residents in a condominium building or compound.

The luxury of peace and quiet
New types of condo in Philippines have been introduced which are known for its peacefulness and serene environment. These types of condominiums are known as condominium complexes. Condominium complexes are different from condominiums found in the city, mainly because of its location.

Condominium complexes requires a wide expanse of land, which is why these types of condominiums are found in the outskirts while some are even found in provincial areas. Compared to city condominiums, these types of condominiums are known for their peace and quiet environment, perfect for growing family.

Although it puts its residents in a disadvantage, particularly with those working on the city, condominium complexes do have their own luxuries that city condominiums usually doesn't provide. These are its amenities.

The luxury of its amenities
Part of what made condominium more popular is with its luxurious amenities such as swimming pools, gyms, spas, and recreational parks. These amenities are usually found with condominium complexes. These amenities are usually found with townhouse complexes. The advantage of condominium complexes is with its affordability.

Its luxury of cost
Another major advantage of most condominiums today is with its affodability. Because of the rapid growth of condominiums in the market, this also led to the growth of condominiums, which also caused others to drop their prices to compete in the market. Because of this drop in cost, condominiums became more affordable than in the past.

Because of its huge demand, the number of condominiums in the Philippines today have significantly increased in the market. And because of this, new types of condominiums were introduced in the Philippines. These includes the popular condominium complexes.



There are many types of housing in the Philippines, and one of the most popular are condominiums. Although houses are still considered as the most popular type of housing in the Philippines, condominiums, on the other hand, has become the most in-demand type of housing in the market.

Because of its huge demand, the number of condo in Philippines today have significantly increased in the market. And because of this, new types of condominiums were introduced in the Philippines. These new types of condominiums include the now very popular condominium complexes.

New condominiums
In the past, condominiums are popularly known to symbolize wealth. This is because only the wealthy are said to be the only ones that can afford to buy a condominium. What made it very expensive is because of its location. Most of these condominiums are found either near or inside major business districts of the Philippines, such as in Makati City or in Ortigas, Pasig City. There have also been a number of condominiums found near commercial districts.

Because of its location, condominiums were known for its expensiveness, even more expensive than buying a whole house, 2-story house. This is also the time in which condominiums became popular as an office space. However, because of its demand, new types of condominiums were introduced away from these cities and into a more peaceful place. These new types of condo in Philippines are known as condominium complexes.

Condominium complexes are similar with townhouse complexes both in location as well as with its amenities. Like townhouse complexes, condominium complexes also sits in a wide expanse of land, which is suitable for growing children. And like townhouse complexes, these types of condominiums are also found far from cities, most commonly found in the outskirts such as in Novaliches and Taguig, to as far as provincial areas such as in Tagaytay or in Bulacan.

Other than its peaceful environment and luxurious locations, condominium complexes also became popular because of their amenities. Similar to townhouse complexes, most of these types of condo in Philippines are known to provide exclusive swimming pools, gyms, spas, as well as recreational parks.

However, most of these condominium complexes became popular because of its affordability. Compared to city condominiums, some of these types of condominiums are known for their affordability, particularly those that lacks some amenities such as swimming pools. These types, however, are more affordable than others.

Although houses, apartments, townhouses, and condominiums have been in the market for many years, there are still several things that normal people doesn't know about these types of housing. So here are some simple and short facts about the types of housing popular in the Philippines today.



There are currently 4 types of housing in the Philippines. First are the typical house or more commonly known in the industry as the single-family home, the next are apartments, then townhouses, and then the recently added condominiums. Although there are other types of housing in the Philippines, these 4 are considered as some of the most recognized types of housing.

Although these types of housing have been in the market for many years, there are still several things that normal people doesn't know about these types of housing. So here are some simple and short facts about the types of housing popular in the Philippines today.

Houses
Houses are the basic type of housing in any country around the world. Although apartments, townhouses, and condominiums have recently became popular in the Philippines, owning a house is still one of the many goals of Filipinos in their lifetime. Part of what made houses popular is with its ownership.

According to philippine real estate experts, houses are normally governed by owner occupancy or home ownership, a type of housing tenure which involves the ownership of a type of house and the land it sits on. The advantage of this type of housing tenure is that it gives its owners the the right to modify the building and land as they please. It also protects them from eviction.

Apartments
Apartments are the most popular type of housing in the Philippines in terms of affordability. This is because rather than being bought, apartments are usually rented or leased to tenants, which allows Filipinos to have a suitable home without having to invest too much. There are several types of apartments today. One of the most popular are the studio type apartment.

According to philippine real estate experts, the studio type is considered as the smallest type of apartment with the cheapest rents in any given area. However, other than the studio type apartment, new types of apartments have also been recently introduced such as the one/two/three bedroom apartments which are bigger and are usually found near business and commercial districts.

Townhouses
Townhouses became popular because of its luxurious lifestyle. However, the reason for its popularity is based on its size, which is usually the size of a house, though only more fashionable than a normal house. The difference, however, is with its ownership. The ownership that embodies townhouses are the same as those that governs condominiums.

Condominiums
Compared to other types of housing, condominiums have only been recently introduced in the Philippines. However, it quickly gained popularity because of is location as well as with its luxuries. Condominiums are similar to most apartments, which are usually found near or inside major business districts. The difference is that condominiums can provide a more permanent residence than apartments.

However, according to philippine real estate experts, the type of ownership that governs condominiums as well as townhouses are different of those that governs houses. Condominiums are governed by commonhold or strata title, a type of ownership in which an apartment or house is assigned to an individual, but common areas such as hallways and elevators, are controlled by the homeowners' association.

Apartments are one of the most popular types of housing in the Philippines. Unlike investing a large sum of capital to buy a house, apartments are normally rented, allowing Filipinos to find a suitable type of housing without having to invest too much. But what else do we know about apartments.


Apart from houses, apartments is also considered as one of the most popular and in-demand types of housing in the Philippines. According to many Philippines properties experts, many of today's Filipinos live in an apartment because of its benefits. Unlike investing a large sum of capital to buy a house, or any other types of housing such as condominiums and townhouses, apartments are normally rented, allowing Filipinos to find a suitable type of housing without having to invest too much.

What is an apartment?
An apartment can be anything from any type of housing. A house could be made as an apartment. A condominium unit or a townhouse unit could also be made as an apartment. The difference lies with its ownership. According to Philippines properties experts, the term that embodies the type of ownership an individual or group of people have in any type of housing is called housing tenure. And the type of housing tenure that embodies apartments is called lease-hold estate.

Advantages and disadvantages of apartments
One main advantage of apartments is its affordability, which allows people to have a suitable housing without having to invest too much in buying a house or even a condominium. However, the major disadvantage of living in apartments is that it doesn't protect them from eviction by its land lord.

Another adverse effect of tenancy is that tenants have to pay the landowner even though they are doing all of the agricultural work. In a sense, it is a cycle where the tenant is never really able to become a landowner because they constantly have to pay the landowner, as well as other expenses. e he is ultimately owner of the land, also can have a say in what the tenant uses the land for or what he can or cannot grow.

Types of apartments
There are different types of apartments available in the market today. One of the most popular are the studio type apartments. This type of apartment tends to be the smallest apartments with the cheapest rents in a given area. It usually consists mainly of a large room which is the living, dining, and bedroom combined.

Other types of apartments are the one/two/three-bedroom apartment, in which one/two/three bedroom/bedrooms are separated from the rest of the apartment. Another is the garden apartment complexes, which is the largest as well as the most expensive type of apartment. According to many Philippines properties experts, these types of apartments are similar with townhouse complexes and condominium complexes in terms of amenities, luxuries, and lifestyle. The difference is that these are rented rather than purchased.

Houses are still the most popular type of housing in the Philippines. However, there are certain cases in which houses proves not as much beneficial than owning a condominium. So what makes houses inadequate and other types of housing such as condominiums beneficial?


Houses are still the most popular types of housing for many Filipinos. However, there are certain cases in which houses proves not as much beneficial than owning a condominium. So what makes houses inadequate and other types of housing such as condominiums beneficial?

Disadvantage in Location
Although there are houses found near major business districts in the Philippines, such as in Makati City or in Pasig City, its availability are usually minimal, and that buying a house near these places can be too expensive. Condominiums are normally found inside these great cities, allowing its residents the luxury of living within walking distance to their workplaces.

Other condo Philippines are found near mass transit areas, such as condominiums attached to railroad systems, which makes it easier for their residents to travel back and forth from work to home.

Disadvantage in Maintainability and security
Another reason why condominiums became popular is because of its maintainability as well as its security. Unlike owning a house which is maintained by its occupier (although the occupier could hire maids to do their maintenance), condominiums have their own maintenance personnel that maintains the livability of their condominium, from hallways to elevators (if any), from gardens to garages.

Security is also an advantage of owning a condo Philippines. Condominium buildings are known for their high security while condominium complexes are also known for their security which maintains the exclusivity of their compound only for their residents.

Disadvantage in Amenities
Another major advantage why condominiums have become more and more popular is because of its amenities. New types of condominiums such as condominium complexes became popular because of its amenities that can only be found with expensive townhouse complexes. Such amenities include resort facilities such as swimming pools, gyms, spas, and recreational parks.

However, there are new types of housing projects which are known to provide the same type of amenities that condominium complexes became popular with. These new types of houses are known as housing complexes, which are complete with amenities such as those mentioned as well as security.

Advantages of houses
There are, however, several advantages to owning a house compared to condominiums. One is that houses are more family-oriented than most condominiums. Another is that owning a house gives its residents the right to modify their houses and the land it sits on as they please, not unlike condominiums which doesn't allow the modification of their exterior, while interior modifications may involve passing a request to the homeowners association.

Unlike in the past in which condominiums were rare, condominiums of today have steadily grew, allowing more Filipinos to enjoy its many luxuries. There are a number of reasons why condominiums became popular in the Philippines. Part of these includes:


There are many types of residential Philippines properties for sale in the market today. And some of the most popular are condominiums. Unlike in the past in which condominiums were rare, condominiums of today have steadily grew, allowing more Filipinos to enjoy its many luxuries. There are a number of reasons why condominiums became popular in the Philippines. Part of these includes:

Affordability
Compared in the past in which condominiums can only be afforded by the wealthy, typically because of its rarity, demand, as well as its cost, condominiums of today have become more and more affordable, particularly when condominium complexes were introduced in the market. So what caused this drop of cost?

The first reason why condominiums because more affordable is because of the rapid increase of condominiums in the market. Because of its growth, many condominiums have dropped their cost to compete in the market, this led to the rapid decrease of the worth of condominiums, allowing not only the wealthy to enjoy living in a condominium, but also the middle class of society.

Location
Another reason for its popularity was because of its location. Popular types of condominiums are those found near or inside major business districts such as in Makati City or in Pasig City. The luxury of living in these locations allows residents to be within walking distance or transit distance to their workplaces. This is reason why these types of residential Philippines properties for sale became popular even today.

However, other than those locations, a number of new condominiums were introduced in the market which are known for their peaceful and quiet locations. These condominiums are known as condominium complexes.

Amenities
What made condominium complexes popular was with its amenities. Condominium complexes are similar with townhouse complex in terms of the land it sits on, which is a wide expanse of land, and its amenities such as resort facilities including swimming pools, gyms, and recreational parks. These types of amenities are usually not included in most city condominiums. Although not all condominium complexes possess such amenities.

The advantage of condominium complexes from townhouse complexes is with its cost. Condominium complexes are still condominiums, in which each unit in a floor is individually owned, while townhouses involve owning the whole building or a floor in a building, which makes it more expensive than condominiums.

Maintainability and security
Another reason for its popular would be its maintainability as well as its security. All condominiums have their own maintenance personnel that takes care of maintaining the livability of the condominium. This makes it easier for its residents to maintain only their units, and not the whole building. Security is also one of its traits that makes these types of residential Philippines properties for sale popular.

The type of ownership is very important to determine a building if its an apartment or a condominium, or any other type of housing, particularly with apartments and condominiums. So what are the difference between apartments and condominiums? And what are the type of ownership that embodies these types of housing?


How can you determine if a building is a condominium or an apartment? Condominiums and apartments are practically similar with each other. According to many philippine real estate experts, a building to be used as an apartment could also be used as a condominium, and vice versa. One way of determining the difference of condominiums from apartments is with its ownership.

The type of ownership is very important to determine a building if its an apartment or a condominium, or any other type of housing. Ownership falls under the term that professionals call as housing tenure. Housing tenure refers to the financial arrangements under which someone has the right to live in a house or apartment.

Housing tenure
Determining the difference between condominiums and apartments falls under its housing tenure. The huge difference is that apartments are commonly rented or leased to tenants while condominiums are individually owned. This is a very good example of two of the most widely used forms of housing tenure, which are tenancy and owner occupancy.

Tenancy, or leasehold estate is an ownership interest in land in which a lessee or a tenant holds real property by some form of title from a lessor or landlord, while owner occupancy involves an owner-occupier who lives in a house that he or she owns. However, according to many philippine real estate experts, the housing tenure that embodies condominiums is a modified form of owner occupancy.

Because of the introduction of new types of housing, new forms of housing tenure were also introduced in the industry to determine a type of ownership an individual have on any type of housing. These new types of housing tenure are modified and mixed forms of owner occupancy and tenancy. One example is with condominiums.

Condominiums, though a type of owner occupancy, is a form of commonhold and strata title which involves ownership of an apartment or house is assigned to an individual, but common areas (e.g. hallways, heating system, elevators, exterior areas) are controlled by the homeowners' association. Fees are charged to the condo owners for maintenance of the common areas. According to many philippine real estate experts, these are referred to as "condo fees".

Other types of housing tenure
Other types of housing tenure other than condominiums, tenancy, and owner occupancy, include: Cooperative housing, which is a type of ownership of the entire building or complex is held in common by a homeowners' association; Public housing, which is a type of government housing, whether provided for free or leased at a subsidised rate; as well as Squatting which involves occupation by non-owner without permission by the owner.

Apartments are one of the most popular types of housing in the Philippines. Unlike investing a large sum of capital to buy a house, apartments are normally rented, allowing Filipinos to find a suitable type of housing without having to invest too much. But what else do we know about apartments.



Apart from houses, apartments is also considered as one of the most popular and in-demand types of housing in the Philippines. According to many Philippines properties experts, many of today's Filipinos live in an apartment because of its benefits. Unlike investing a large sum of capital to buy a house, or any other types of housing such as condominiums and townhouses, apartments are normally rented, allowing Filipinos to find a suitable type of housing without having to invest too much.

What is an apartment?
An apartment can be anything from any type of housing. A house could be made as an apartment. A condominium unit or a townhouse unit could also be made as an apartment. The difference lies with its ownership. According to Philippines properties experts, the term that embodies the type of ownership an individual or group of people have in any type of housing is called housing tenure. And the type of housing tenure that embodies apartments is called lease-hold estate.

Advantages and disadvantages of apartments
One main advantage of apartments is its affordability, which allows people to have a suitable housing without having to invest too much in buying a house or even a condominium. However, the major disadvantage of living in apartments is that it doesn't protect them from eviction by its land lord.

Another adverse effect of tenancy is that tenants have to pay the landowner even though they are doing all of the agricultural work. In a sense, it is a cycle where the tenant is never really able to become a landowner because they constantly have to pay the landowner, as well as other expenses. e he is ultimately owner of the land, also can have a say in what the tenant uses the land for or what he can or cannot grow.

Types of apartments
There are different types of apartments available in the market today. One of the most popular are the studio type apartments. This type of apartment tends to be the smallest apartments with the cheapest rents in a given area. It usually consists mainly of a large room which is the living, dining, and bedroom combined.

Other types of apartments are the one/two/three-bedroom apartment, in which one/two/three bedroom/bedrooms are separated from the rest of the apartment. Another is the garden apartment complexes, which is the largest as well as the most expensive type of apartment. According to many Philippines properties experts, these types of apartments are similar with townhouse complexes and condominium complexes in terms of amenities, luxuries, and lifestyle. The difference is that these are rented rather than purchased.

Houses are still the most popular type of housing in the Philippines. However, there are certain cases in which houses proves not as much beneficial than owning a condominium. So what makes houses inadequate and other types of housing such as condominiums beneficial?


Houses are still the most popular types of housing for many Filipinos. However, there are certain cases in which houses proves not as much beneficial than owning a condominium. So what makes houses inadequate and other types of housing such as condominiums beneficial?

Disadvantage in Location
Although there are houses found near major business districts in the Philippines, such as in Makati City or in Pasig City, its availability are usually minimal, and that buying a house near these places can be too expensive. Condominiums are normally found inside these great cities, allowing its residents the luxury of living within walking distance to their workplaces.

Other condo Philippines are found near mass transit areas, such as condominiums attached to railroad systems, which makes it easier for their residents to travel back and forth from work to home.

Disadvantage in Maintainability and security
Another reason why condominiums became popular is because of its maintainability as well as its security. Unlike owning a house which is maintained by its occupier (although the occupier could hire maids to do their maintenance), condominiums have their own maintenance personnel that maintains the livability of their condominium, from hallways to elevators (if any), from gardens to garages.

Security is also an advantage of owning a condo Philippines. Condominium buildings are known for their high security while condominium complexes are also known for their security which maintains the exclusivity of their compound only for their residents.

Disadvantage in Amenities
Another major advantage why condominiums have become more and more popular is because of its amenities. New types of condominiums such as condominium complexes became popular because of its amenities that can only be found with expensive townhouse complexes. Such amenities include resort facilities such as swimming pools, gyms, spas, and recreational parks.

However, there are new types of housing projects which are known to provide the same type of amenities that condominium complexes became popular with. These new types of houses are known as housing complexes, which are complete with amenities such as those mentioned as well as security.

Advantages of houses
There are, however, several advantages to owning a house compared to condominiums. One is that houses are more family-oriented than most condominiums. Another is that owning a house gives its residents the right to modify their houses and the land it sits on as they please, not unlike condominiums which doesn't allow the modification of their exterior, while interior modifications may involve passing a request to the homeowners association.

Unlike in the past in which condominiums were rare, condominiums of today have steadily grew, allowing more Filipinos to enjoy its many luxuries. There are a number of reasons why condominiums became popular in the Philippines. Part of these includes:


There are many types of residential Philippines properties for sale in the market today. And some of the most popular are condominiums. Unlike in the past in which condominiums were rare, condominiums of today have steadily grew, allowing more Filipinos to enjoy its many luxuries. There are a number of reasons why condominiums became popular in the Philippines. Part of these includes:

Affordability
Compared in the past in which condominiums can only be afforded by the wealthy, typically because of its rarity, demand, as well as its cost, condominiums of today have become more and more affordable, particularly when condominium complexes were introduced in the market. So what caused this drop of cost?

The first reason why condominiums because more affordable is because of the rapid increase of condominiums in the market. Because of its growth, many condominiums have dropped their cost to compete in the market, this led to the rapid decrease of the worth of condominiums, allowing not only the wealthy to enjoy living in a condominium, but also the middle class of society.

Location
Another reason for its popularity was because of its location. Popular types of condominiums are those found near or inside major business districts such as in Makati City or in Pasig City. The luxury of living in these locations allows residents to be within walking distance or transit distance to their workplaces. This is reason why these types of residential Philippines properties for sale became popular even today.

However, other than those locations, a number of new condominiums were introduced in the market which are known for their peaceful and quiet locations. These condominiums are known as condominium complexes.

Amenities
What made condominium complexes popular was with its amenities. Condominium complexes are similar with townhouse complex in terms of the land it sits on, which is a wide expanse of land, and its amenities such as resort facilities including swimming pools, gyms, and recreational parks. These types of amenities are usually not included in most city condominiums. Although not all condominium complexes possess such amenities.

The advantage of condominium complexes from townhouse complexes is with its cost. Condominium complexes are still condominiums, in which each unit in a floor is individually owned, while townhouses involve owning the whole building or a floor in a building, which makes it more expensive than condominiums.

Maintainability and security
Another reason for its popular would be its maintainability as well as its security. All condominiums have their own maintenance personnel that takes care of maintaining the livability of the condominium. This makes it easier for its residents to maintain only their units, and not the whole building. Security is also one of its traits that makes these types of residential Philippines properties for sale popular.

The type of ownership is very important to determine a building if its an apartment or a condominium, or any other type of housing, particularly with apartments and condominiums. So what are the difference between apartments and condominiums? And what are the type of ownership that embodies these types of housing?


How can you determine if a building is a condominium or an apartment? Condominiums and apartments are practically similar with each other. According to many philippine real estate experts, a building to be used as an apartment could also be used as a condominium, and vice versa. One way of determining the difference of condominiums from apartments is with its ownership.

The type of ownership is very important to determine a building if its an apartment or a condominium, or any other type of housing. Ownership falls under the term that professionals call as housing tenure. Housing tenure refers to the financial arrangements under which someone has the right to live in a house or apartment.

Housing tenure
Determining the difference between condominiums and apartments falls under its housing tenure. The huge difference is that apartments are commonly rented or leased to tenants while condominiums are individually owned. This is a very good example of two of the most widely used forms of housing tenure, which are tenancy and owner occupancy.

Tenancy, or leasehold estate is an ownership interest in land in which a lessee or a tenant holds real property by some form of title from a lessor or landlord, while owner occupancy involves an owner-occupier who lives in a house that he or she owns. However, according to many philippine real estate experts, the housing tenure that embodies condominiums is a modified form of owner occupancy.

Because of the introduction of new types of housing, new forms of housing tenure were also introduced in the industry to determine a type of ownership an individual have on any type of housing. These new types of housing tenure are modified and mixed forms of owner occupancy and tenancy. One example is with condominiums.

Condominiums, though a type of owner occupancy, is a form of commonhold and strata title which involves ownership of an apartment or house is assigned to an individual, but common areas (e.g. hallways, heating system, elevators, exterior areas) are controlled by the homeowners' association. Fees are charged to the condo owners for maintenance of the common areas. According to many philippine real estate experts, these are referred to as "condo fees".

Other types of housing tenure
Other types of housing tenure other than condominiums, tenancy, and owner occupancy, include: Cooperative housing, which is a type of ownership of the entire building or complex is held in common by a homeowners' association; Public housing, which is a type of government housing, whether provided for free or leased at a subsidised rate; as well as Squatting which involves occupation by non-owner without permission by the owner.

Condominiums are some of the most popular types of housing in the Philippines today. And because of its popularity, a number of new condominiums were introduced in the market. One of these are condominium complexes, a type of condominium known for its peace and quiet environment.


A number of new types of housing have been introduced in the Philippines and one of the most popular are condominiums. Although it was only recently that condominiums were introduced in the market, many Filipinos have steadily opted to buying a condo unit rather than a house or a townhouse. Because of its huge demand, a number of new condo Philippines have been introduced. Some of them are condominium complexes.

A new condo
When we say condominiums, the first thing that comes into our minds are high-rise buildings and office buildings, usually found in major business districts such as in Makati and Ortigas as well as commercial areas. The luxury of living in these kinds of condo Philippines is with its location, which allows residents to be within walking distance or mass transit distance to their workplace.

However, other than these types of condominiums, a new breed of condos were introduced to provide a more luxurious living space aways from the city as well as its noises. These types of condominiums are mostly known as condominium complexes.

Condominium complexes are similar with townhouse complexes in terms of appearance. Both are located in wide expanse of land, in a peaceful and quiet location. Popular examples are those from Tagaytay, Novaliches, Taguig, and Marikina. So what are the advantages and disadvantages of owning condo from these types of condominiums?

Advantages and disadvantages
The main disadvantage of condominium complexes is that it put its residents too far from cities and business districts. The advantage, however, is that these types are more family-oriented mainly because of its environment which is far from the noise of the city. Another advantage is with its amenities.

Another similarities of condominium complexes from townhouse complexes is with its amenities. Amenities such as swimming pools, gyms, spas, and recreational parks are the things that made it similar to townhouse complexes. However, one major difference is with its cost, which is significantly cheaper than townhouse complexes.

Advantage from city condos
Although at the disadvantage in terms of location, these types of condominiums are usually more popular for a lot of Filipinos looking to start their own family. This is because of its location and environment, which is far away from the busy streets of Makati or Ortigas. Another popular advantage is with its amenities. Although there are a few condo Philippines known for their amenities such as in-door swimming pools, these types are usually more expensive than condominium complexes.

Because of the popularity of condominiums, a number of new condominiums were introduced in the market. One popular type of condo in Philippines is the condominium complex. So what is a condominium complex?


Condominiums have become a very popular type of residential real estate in the Philippines. Because of its popularity in the past as well as its growing demands, a number of new condominiums were introduced in the market. One popular type of condo in Philippines is the condominium complex. So what is a condominium complex? What are its advantages and disadvantages? And what are its similarities with townhouse complexes?

A new type of condo
Most condo in Philippines are found in large cities such as in Makati and Ortigas, or commercial areas. The luxury of living in these types of residential real estate is that it gives its residence the luxury of living near their workplace, usually within walking distance or mass transit distance, allowing them to avoid rush hour.

Because of huge demand for new types of housing in the Philippines, as well as the changing needs of Filipinos, a number of establishments in the Philippines such as Ayala Land have introduced new types of condominiums which are different from the ones seen in major business districts. These new types of condominiums are called condominium complexes.

Condominium complexes, compared to the towering condominiums in the city, are mostly found in a more quieter and peaceful location, such as in provincial areas like Tagaytay or even in outskirts of the city such as in Marikina, Taguig, or in Novaliches. And compared to city condos, condominium complexes are usually sited on a wide expanse of land which is comprised of smaller condominium buildings.

Pros and cons
According to a number of Filipinos, these types of condominiums are mostly perfect for those planning to build a family. Compared to the busy streets of the city condos, these types of condo in Philippines are more suitable for growing children.

The disadvantage of condominium complexes, however, is that it puts its residents too far from the city and their workplaces. However, there are several benefits of living in these kinds of condominiums. Other than being a more family-oriented type of condo, condominium complexes are known for its amenities that residents can enjoy such as swimming pools, gyms, and recreational parks. These types of amenities are usually not found in city condos.

Similarity with townhouse complexes
There are many similarities between a townhouse complex and a condominium complex. One is with its wide expanse of land as well as with its amenities. The difference, however, is that townhouses involve owning a whole floor of a building or a compound while condominiums involve owning a unit in a floor. In terms of cost, condominium complexes are usually more affordable than townhouse complexes.