What are the kinds of benefits and advantages can houses offer to its residents that kept its demand in a market dominated by modern residential real estate, such as condominiums? The reason why houses are still in-demand in the Philippines is because of its many benefits which can accommodate the needs of not only modern Filipinos, but also the traditional ones.
Houses for Modern and Traditional Filipinos
Some of the reasons why houses had gained a lot of popularity in the Philippines is because of its modern benefits, particularly with the many new house for sale available in the Philippine market today.
Modern Benefits of Houses
Many of today’s new houses for sale are found not in residential districts, but mostly around the outskirts of Metro Manila as well as in the provinces. Although not as beneficial compared other types of housings in terms of accessibility to business and commercial districts, these new houses, however, can offer the advantage which allows Filipinos to live in a home where they can start their own family in privacy, security, and in peace. This is because these new houses are also found in exclusive housing communities around the outskirts of Metro Manila.
But other than just security, seclusion, as well as its privacy, these new housing communities can also offer a number of new benefits, such as its facilities.
Like condominium complexes and subdivisions, these new housing communities can also offer new facilities like swimming pools, gyms, sports complexes, recreational parks, and playgrounds, which made houses even more popular and modern in the Philippine market.
But according to many Philippine real estate experts, the reason why these new houses became even more popular in the market is because of its new payment term, in which these houses can now be bought and paid in installment, making it easier for Filipinos to own a home for them and their family.
Traditional Benefits
There are, however, a number of other reasons why houses are still in-demand in the market. This is because of its many traditional benefits that many Filipinos are still looking for in a home. A popular example is that houses are still considered as the only suitable home for retirees.
Because of this, many Filipinos living in a luxurious condominium unit are still planning on investing in building their own houses from their own design, or buy a house which will be considered as their retirement home, as well as their family home.
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