There are actually many forms of house and lot for sale in the Philippines today which includes the condominiums and the classic house. However, according to many experts, although the simple house is yet considered as the fundamental type of housing in the Philippines, many Filipinos have began to move from houses to condominium units.
According to many Filipinos, the housing industry in the Philippines, especially in Metro Manila, has become dominated by condominiums. Part of the reason why condominiums became popular in the market is by reason of its location. Many condominiums available in the market today are sited in key locations of Metro Manila.
Popular sites that made condominiums in demand include Makati City, Ortigas, and East Wood. These sites allowed its residents to be within walking distance to their workplaces, a kind of benefit that many house for sale Philippines lack. However, other than in these sites, a number of condominiums have also come to be available in other neighboring provinces, such as in Tagaytay or in Bulacan. These types of condominium are mostly known as condominium complexes.
Though, new house for sale in the Philippines have become available which is said to compete in the market that condominium complexes became famous, which is with its amenities and affordability. Many condominium complexes are known for their price point. This is attributable to the significant increase of condominiums in the market, leading to many condominiums lowering their prices to compete in the market. However, compared to these cheaper condominiums, houses are much more efficient in terms of affordability.
Based on many professionals, the price range of these cheaper condominium units are similar to the many new cheaper real estate for sale Philippines, however, these houses can provide more amenities and space than these types of condominiums.
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Palad, Marcial "Different Kinds of House for Sale Philippines." Different Kinds of House for Sale Philippines. 1 Jan. 2011. uberarticles.com. 17 Jul 2014 <http://uberarticles.com/real-estate/different-kinds-of-house-for-sale-philippines/>.
APA Style Citation:
Palad, M (2011, January 1). Different Kinds of House for Sale Philippines. Retrieved July 17, 2014, from http://uberarticles.com/real-estate/different-kinds-of-house-for-sale-philippines/
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Palad, Marcial "Different Kinds of House for Sale Philippines" uberarticles.com. http://uberarticles.com/real-estate/different-kinds-of-house-for-sale-philippines/
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