Why Choose a Condo Over a House and Lot?

The Filipinos are highly aspirational—they always desire the best for themselves and their families. So whether they are working locally or abroad, they truly deserve to enjoy the fruits of their hard work. One of the numerous ways how to reap it is by investing in real estate properties.

But in these modern times, especially at the onset of the pandemic when Filipinos have become more mindful of their finances, the challenge in property buying is trimmed down into two options: “Do I buy a house and lot? or do I buy a condominium unit?”

Culture and tradition used to incline Filipino homebuyers towards purchasing a house built on a lot. As many say, “Iba pa rin ang may bahay at sariling lupa.” Close-knit family ties opted for Pinoys to have spacious houses than smaller condo units. But over the past two decades, there seems to be a paradigm shift in homebuying preferences favoring high-rise condos over house-and-lot subdivisions.

Here are some of the major insights of condo buyers and investors why they have chosen to acquire condo properties:

“I’m near everything essential to me!”

Let it be your office or business, your children’s schools, shopping malls and supermarkets, hospitals, and leisure hubs, and your location will definitely be on top of your mind when buying a property. Unlike subdivisions or private villages, which are mostly located in provinces or suburban areas outside Metro Manila, condominiums are strategically built where the action happens.

At the height of strict lockdowns due to the pandemic, being near all essential establishments has been both a luxury and a necessity. Moreover, having close proximity to public modes of transportation, such as trains, provides condo dwellers with unbeatable mobility and convenience. These are the location advantages that will soon be enjoyed by the future residents of Empire East Highland City near the stations of LRT-2 and the upcoming MRT-4 and The Paddington Place, which is a few steps away from the MRT-3 Shaw Boulevard station.

“Leisure will always be my pleasure!”

In a tropical country such as the Philippines, especially during the dry season, we always look forward to hitting the beach, but driving out of town for several hours will not always be easy. How about enjoying your own swimming pool anytime, any day, and just an elevator ride away? That’s what a condo community can always offer you that a house can possibly not. Perhaps, your subdivision has a pool in the clubhouse, but how far do you have to walk from your house to go there?

There’s more! You can enjoy a fitness gym, children’s playground, jogging trails, function halls, landscaped gardens, and a wide array of recreational amenities, just like at The Paddington Place in Mandaluyong City, without breaking your pocket because you and your condo neighbors are all sharing for the monthly dues for its maintenance. If you desire an upgraded leisure experience, be an exclusive member of The Chartered Club in the middle of the condo towers at Empire East Highland City in Pasig-Cainta where you can play at the indoor multi-purpose court, relax at the café lounge and spa, and indulge in other world-class sports facilities.

“Wow! What a breathtaking view!”

The view from the second level of your house in a regular subdivision is nothing compared to the priceless vista from the windows of your condo suite on the 37th or 45th floor of your tower. Be delighted by the verdant mountains of Sierra Madre, or the striking skyline of Makati and Ortigas CBD, or a glimpse of the Wack-Wack Golf Course. Relieve your stress or be inspired with new ideas as you take a look at the outdoors from your condo home’s clear and wide glass windows.

These breathtaking views have often become a selling factor in most condominiums. That’s why some projects implement a price escalation where units at higher levels are valued at a higher price. But the condo developments of real estate innovator and trendsetter Empire East allow you to enjoy a better view at a higher floor without escalating its selling price.

“I can sleep worry-free at night.”

Not just at night but all throughout the day, you feel safe and secure 24/7 living in a condo. A subdivision often has a guardhouse at the main gate, and security personnel might be doing rounds of roving, but no one’s really guarding your house against the outside. Meanwhile, the security in your condo is more efficient because you have a centralized lobby where residents and guests can enter and exit, and all common areas have CCTV surveillance.

“My condo can withstand natural calamities.”

When disaster strikes, your masterfully planned and strongly built condo is surely more sturdy than your traditional house. High-rise condominiums can endure strong winds and rainfall when a typhoon hits. Should there be flooding, your condo will not be submerged, just like what might happen to a low-rise home. Condos are also designed with strong foundations to resist certain magnitudes of earthquakes and are often built far from fault lines. That’s why it is important that you also consider your property’s sustainability and adaptability amid the challenges of climate change and other natural occurrences.

“It’s more practical and easier to maintain.”

Clutter is the enemy of any typical house. With the space-efficient design of condo suites, you can easily clean up your home and maximize your living space practically and with less hassle. And don’t worry about the corridors, elevators, lobbies, and amenities; you don’t have to clean them up! Your property management team is in charge of maintaining them for your convenience.

“It’s a great investment!”

Don’t wait to buy real estate. Buy real estate and wait. It’s best to buy a condo during the pre-selling stage, as you can get it at a lower price. Its value will appreciate by the time it becomes RFO or ready-for-occupancy, so you can “flip” or re-sell it and gain a high return on investment (ROI). If you want a long-term and steady stream of income, have your condo unit rented out? With your condo’s accessible location, superb amenities, breathtaking view, unbeatable security, sturdiness and stability, and space practicality, you have the advantage of strong rental or leasing potential. In return, you can enjoy high investment gains.

Do you want to learn more about the high-rise condominium communities of Empire East and avail its exclusive property deals? Call (02) 8810-333 today or connect with us on social media for more details.