In the Philippines, at least 47.7% of the local population resides in cities and urban areas – according to data gathered in 2020. The broad opportunity for a better job, businesses, and better living is found in the bustling cities of Metro Manila – one of the primary driving factors for domestic migration.
Condominiums In Rapid Local Urbanization
High-rising condominium and residential development from real-estate developers in the Philippines provide a more convenient and economic alternative. In contrast to purchasing lots and the steep prices of houses in central areas of Metro Manila, these types of options (condominiums) remain a friendly choice for first-time, solo living or new city dwellers.
Condominiums are no longer for the retiree. What was once accessible and almost exclusive for the well-to-do populace is now widely accessible for almost anyone. Whether a first-time home buyer looking for a safe place to stay while working in the city, looking for a place to raise their children or a young professional looking for a fine urban living, the growing market of condos from land developers in the Philippines offers an excellent option. Some appear extravagant, while others appeal for simplistic and minimal designs that cater to boost convenience – they can be found in more than different forms to accommodate the needs for quality urban living.
Why Are People Choosing Condominium Living?
There are other reasons for individuals and families to own a condominium. These are:
Maintaining a home can be taxing – in terms of finance and time. Owning a mid-sized condo from well-known land property developers in the Philippines provide more flexible living through freedom. The burden of having to work or improve their home constantly becomes an aching conflict for people who seek more time for travel, business, and other fulfilling pleasures for individuals. A simple condo living allows you to have more time on what matters to you the most.
Amenities can make or break the experience of staying in a hotel or condominium. Living in a decent condo offers amenities that may seem ordinarily expensive and difficult to acquire when living in a house. Amenities such as fitness centres, swimming pools, basketball or tennis courts, Wifi spots, playgrounds, function halls, etc., appeal to most millennials. It plays a huge role when choosing real estate, and it offers a significant improvement to the quality of life, enjoyment and experience for condominium occupants.
By choosing the best condo developers in the Philippines, individuals and families can enjoy more amenities that suit their lifestyles and needs.
Today’s condominiums in the Philippines are often strategically situated in the best possible spots like malls, churches, beaches, workplaces, banks, schools and railway transits. Condominiums are also built mostly in city centres to provide easy access to almost any public service for occupants. Hence, purchasing a condominium unit in this type of vicinity is more affordable and convenient than choosing a home in an undesirable spot or areas that are miles away from workplaces, schools, etc. Numerous property developers in the Philippines are developing further real-estate infrastructures near malls that aims to enrich the travel and leisure experience for occupants.
Most city dwellers are looking for the most secure and safe area to settle. The crime rates in Metro Manila can be certainly a deal-breaker for many, which is why security is among the top-most priority for every family when searching for another home in a city.
With condo living, occupants are safe and secured thanks to security equipment such as 24/7 CCTV cameras and motion detectors, and strict security policies – which helps deter criminals and activities from happening. Well-known property management companies in the Philippines are also investing in high-end security and safety equipment for modern condo infrastructure to further enhance and promote security in most tight-knit condo communities.
With limited entry and exit points, combined with safety measures in times of emergencies, security guards and cameras on duty all the time, condo residents don’t need to be anxious or worry about their security – which makes it a perfect choice for families, and single residents.
Land developers in the Philippines are taking note of the impact that socialisation brings as part of modern living. Condo delivers a sense of community that is similar to tight housing communities thanks to regular activities and events that residents can participate in. With areas such as fitness and exercise clubs and other gatherings and events where occupants are likely to meet and socialise with other residents, condo living proves to deliver room space to socialise with others. Condo living can be a perfect choice for young adults or millennials who just move out to start their adult life.
Sustainability In Real-Estate & Condominium Infrastructure
The demand for a ‘greener pasture’ is growing. Green buildings and establishments that incorporate an eco-friendly design are geared for reducing the negative impact of urbanisation on the environment – including the health and wellness of the populace. Most property/real-estate developers in the Philippines are aiming for better sustainability in terms of infrastructure design and way of living for condo occupants.
With firms adapting for the zero carbon footprint – or zero net emissions, both locally and internationally, more properties are given with retrofit water and energy-efficient and saving structures while maintaining the best construction practices. Some unique and outstanding commercial and residential high-rise buildings that use sustainable planning are now the latest development trend. The impact of climate change brought a greater challenge and pressure for real estate developers in the Philippines and in other countries in pursuit of utilising renewable energy and the urgent to shift their goals for building more green condominiums
Homeowners are becoming more environmentally conscious and seeking to reduce their carbon footprint, which helps sustainable properties, a favourable route in the Philippines housing and real-estate industry today.
For more sustainable condos, Arthaland is among the most reputable and trusted property management companies in the Philippines that is part of the publicly-listed firm on the Philippines stock exchange. Visit Arthaland for more info.