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THE PHILIPPINES
Buying a real estate property is an exciting and challenging experience
for many Filipinos. But with so many types of homes available in the
Philippine real estate market, it may be a bit difficult to find the one that
would satisfy the Filipinos taste, budget, preferences and lifestyle.
In a flash survey recently conducted, over 80% of respondents revealed
that they want to own a multi-level home. Around 20% of females are
considering a bungalow-type property, and around the same number of
women prefer to live in a townhouse. Meanwhile, majority of those who
want to live in a condominium are male.
1. CONDOMINIUM
A condominium consists of a unit space in a building or a real estate
development. This can either be a studio-type home, or a unit that has
one, two, to three bedrooms. Each unit can be owned by different
owners and have individual condominium titles. As a condo owner, you
share interest and access in the building amenities and other common
areas. These project developments are mostly found in urban cities and
central business districts.
Pros: This is popular for real estate investors who wish to earn rental
income. Condos for rent or sale in cities like Taguig and Makati are
favorites to homebuyers simply because of the convenient living
experience it offers. Shared amenities allow you to enjoy facilities like
swimming pools, gyms, and playgrounds without thinking of
maintenance.
Cons: Location and size plays a key influence on the price of a property,
so expect to pay out a substantial amount when buying one, especially
on a home loan. Condominiums have a lifespan of 50 years, and could
present problems for homebuyers who are looking to live in retirement
in a condo. Monthly association dues could also put a dent on your
household expenses, especially if the price of amenity upkeep increases.
These are the different kinds of popular condos in the country:
MID-RISE
HIGH-RISE
High-rise condos like Clairemont in San Juan are popular for active urbanites.
High-rise condos are prevalent near or within the city center, and are in
proximity to shopping malls, schools, and everything that modern
urbanites need. Residents are usually young and active professionals
and families. It features luxurious and exclusive amenities that are not
usually found in other types of homes.
2. TOWNHOUSE
SINGLE-ATTACHED
For this type of house and lot, one side of your house is attached or built
directly at the side of your lot. If your house would, there would be a big
space on the right, and vice versa. Usually space at the back and front
exist too. It is similar to a duplex, except units would be side by side
only.
SINGLE-DETACHED
Single detached means that your house is detached from any side of the
lot. Basically, there is an open space on the sides plus the front and
back, and your house is in the middle of the lot.
BUNGALOW
This is simply a single-storey house with all the rooms located in the
same floor, and that is in the ground floor. It is suited for families with
members who have impaired mobility such as your elderly relatives
(i.e. lolo and lola) that will find it difficult to take the stairs.
DUPLEX
This is a single building that contains two housing units. They may be
side by side or up and down, depending on the architectural design.
TRIPLEX
This type of building is similar with the duplex, but instead of two, there
are three housing units in one building.
MULTI-LEVEL
This kind of house and lot for sale is typically the big ones located in
gated subdivisions. Since you own the entire perimeter on the property
plus the house, you can do whatever you want with it.
Housing Typology
The following sheets describe a range of:
physical housing types
Housing characteristics
Housing design considerations
3
(A) Free-standing or detached dwellings
4
Single detached
(B) Attached or multi-user dwellings
Multi-family residential is a classification of housing where
multiple separate housing units are contained within one building.
The most common form is an apartment building.
Both classes may vary greatly in scale and amount of
accommodation provided.
Although there appear to be many different types, many are
purely matters of style rather than spatial arrangement or
scale.
floor buildings.
2. Long attached row buildings containing several units in 1 to 4
floors.
3.Large detached building containing huge amounts of unites on
many floors.
of
the second floor, and often a similar back entrance, foyer, and
stairs.
10. Three-units or Triplex:A building similar to the duplex,
except there are three apartments over each other.
11. Four-units or four-plex:A building similar to the duplex,
except there are four apartments. In some cases, the arrangement
of apartments may be different and the lot size may be larger than
that of a regular house.
12. Terraced house or Row house or Townhouses, are houses
attached to any number of other houses.
Each house may have multiple floors, side by side, each with
their
own separate entrances.
Originally associated with the working class.
In many cities terraced housing was favored over the
apartment building.
14.a
Apartment building
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4