Why Are Condominiums So Popular In The Philippines

What is the advantage of owning a condominium unit? What are the usual reasons why people would rather own a condo unit rather than a house? Here are some of the reasons why condominiums have significantly gained a lot of fame in the Philippines.


What is best type of housing in the Philippines? According to many Filipinos, condominiums have become the most popular and in-demand type of housing in the Philippines. Although it was only recently that condominiums were introduced in the Philippines, compared to townhouses and apartments, its rapid growth in the market marked its recognition as one of the most sought after housing in the Philippines.

Many are now asking, what is the advantage of owning a condominium unit? What are the usual reasons why people would rather own a condo unit rather than a house? Here are some of the reasons why condominiums have significantly gained a lot of fame in the Philippines.

Why condominiums became popular in the Philippines
One reason why condominiums became popular among the Filipinos is because of its location. According to many experts, the reason why many condo Philippines became popular is because of its location. Condominiums in the past were usually found in the heart of a bustling city, such as the towering condominiums found in the Makati City. There have also been a number of condominiums around Ortigas, Pasig City.

Because of its choice of location, condominiums gave its residents not only the luxury of living in the city, but also the luxury of living within close distance to their workplaces, either by short transport or walking distance. And although these types of condominiums are situated on the heart of a very busy district, these types are still known for their quiet and peaceful living space.

Other than the location, many of today's condominiums have also gained popularity because of its affordability. Compared to condominiums in the past, which are those found near cities, these types of condominiums are found far from these cities, and usually found in the outskirts or even in provincial areas. These types of condominiums are mostly known as condominium complexes.

Although it does have its disadvantages, such as placing its residents too far from their workplaces, these types of condominiums do have their own advantages other than its affordability. This is with its amenities, such as swimming pools, gyms, and recreational areas such as parks and playgrounds.

However, its location do have its advantages. Compared to condominiums in the city, condominium complexes are more family-oriented, where children can freely grow up and enjoy its peaceful environment. But other than in the outskirts or in provincial areas, a number of condominium complexes have also been found near popular business and commercial areas, such those condominium complexes in Ortigas. The difference, however, is that these types are much more expensive than those found in the outskirts.