Condominiums and Condominium Complexes

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  • Author Elizabeth Williams
  • Published January 2, 2011
  • Word count 407

Condominiums are considered by many Filipinos as one of the most popular types of housings in the Philippines today. This is because of the many benefits that residents can take advantage of, such as its accessibility to popular locations in the city, amenities, and its family-oriented environment, which led to the significant increase of condo for sale in the market.

However, these benefits are separated into two different types of condominiums. These are condominiums and condominium complexes.

Condominiums

These types of condominiums are mostly found in business and commercial districts. Because of its location, many modern Filipinos, particularly the HNWIs or High Net Worth Individuals, found these types of housing appropriate for their fast-paced lifestyles. This is because residents can easily access their workplaces without having to go through the usual hassles of rush hour, or hang out on popular entertainment places such as malls.

Another major advantage of these types of housing compared to other modern housings such as apartment buildings and townhouses is its amenities. Many new condominiums in the Philippines can even offer amenities such as gyms and even a full-size sports complex.

The disadvantage of these types of housings is also because of its location, in which many Filipino families found unsuitable for their family’s needs. This is the reason why condominium complexes became popular in the Philippines.

Condominium Complexes

Condominium complexes, on the other hand, are mostly found in the outskirts and in the provinces. Because of its location, which is known for its wide open spaces and peaceful environment, many Filipino families found these types of condo for sale appropriate for their growing family’s needs.

However, what made these types of condominiums more popular in among many modern Filipino families is its amenities. Other than gyms and sports complexes, these condominiums can also offer recreational parks and playgrounds which can be enjoyed by all their residents.

However, the disadvantage of these types of housing is also because of its location, which is unsuitable for Filipinos who are working almost around the clock. Because of its location, many of its residents have had a hard time getting back to their workplaces.

Common Benefits

Both of these types of condominiums can offer a common benefit, such as its maintainability and security. All types of condominiums are known to hire their own maintenance personnel who maintains all facilities found in the condominium, while its security personnel assure the safety of their residents.

Elizabeth Williams is a business entrepreneur from Massachusetts. She's now based in Manila and writes in her spare time for various articles including alveoland.com.ph

Article source: https://articlebiz.com
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