Why Apartments Are Still Popular In The Philippines

According to many philippine real estate experts, the popularity of condominiums have outpaced that of townhouses, and many are saying that its demand is still rising in the market. However, many have stated that apartments are still one of the most popular types of housing in the Philippines not only with its affordability, but for other reasons.


In recent years, condominiums have become a very popular type of housing in the Philippines. According to many philippine real estate experts, the popularity of condominiums have outpaced that of townhouses, and many are saying that its demand is still rising in the market. This is the reason why many condominiums are being built across Metro Manila.

However, although condominiums have steadily outpaced townhouses in terms of demand, apartments are still considered as one of the most popular types of housing in the Philippines, next to houses. The reason why condominiums became popular is with its affordability compared to other types of housing in the Philippines.

Apartments in the Philippines
Although not as luxurious as condominiums, a number of new apartments are steadily rising in the Philippine market. According to many philippine real estate experts, the reason why apartments became popular in the Philippines is because of its affordability. Compared to investing thousands or millions of pesos in condominiums, townhouses, or houses, people could easily have a suitable type of housing without having to invest too much.

However, other than its affordability, apartments also became popular because of the many types of apartments available in the market, each known for its advantages and disadvantages. Some of the most popular types of apartments in the market today are the studio type apartments and the one/two/three bedroom apartments.

Types of apartments
The most popular type of apartment in the Philippines is the studio type apartment. According to many philippine real estate experts, these types of apartments are considered as the smallest type of apartment, usually with the lowest rents in any given area. These types became popular mostly for those looking for a temporary home in the city or in any other areas. These types, however, are not appropriate for a larger family. This is where the one/two/three bedroom apartments became popular with.

Similar to many condominium units, with more than one bedrooms, apartments are also known to accommodate larger families. Many apartments (building) in the market today offer people with units that can fit to their needs. For a family of three, the one and two bedroom apartments are popular. For a larger family, the three bedroom apartments are suitable. The advantage of these types of apartments from condominiums is still its affordability.