The Philippines’ population grew from 26.27 million in 1960 to 113.88 million in 2021. This is a growth of 113.88% in 61 years. Because of this situation and limited land resources, construction of high rise buildings are being developed in many parts of the country to expand land resources vertically. While many people may find the idea of living on higher floors appealing, those who prefer to live closer to the ground may not.
What is considered as high-rise building?
High-rise buildings, often known as high-rises, are multistory structures that are tall enough to call for the usage of an elevator or other mechanical system for vertical motion. The skyscraper is a high-rise structure that is exceedingly tall.
In the 1880s, the first high-rise structures were built in the US. They emerged in metropolitan regions when high population densities and rising land prices led to a need for structures that ascended vertically rather than spread horizontally, taking up less valuable land space. The combination of steel structural frames and glass external sheathing made high-rise buildings feasible. Such structures have established themselves as commonplace elements of the architectural environment in the majority of nations by the middle of the 20th century.
In the Philippines, a high rise building is often a building with ten or more stories and four to eight apartments per level. This categorization differs per nation, though. For instance, a high-rise in India begins at four stories, whereas a structure is considered a high-rise in the US when it has at least seven floors.
This home type is compared to the other possibilities on the market, which include mid-rise and low-rise structures. Low-rise structures frequently only have one to three stories, while mid-rise buildings are typically four to six stories tall.
What are the advantages and disadvantages of high-rise building?
The primary advantages of high rise buildings are that it save up space and accommodate more homebuyers as compared to shorter buildings, it is a noise-free environment with cleaner air, better ventilation and scenic views.
High rise buildings also offers a great deal of privacy, well-planned security systems where intruders will have a hard time accessing the upper floors.
On the other hand, the disadvantage of living in a high rise building is that it is more costly in purchasing and also maintenance. It is also difficult to evacuate during emergency situations.
What to consider before purchasing a High-Rise Building unit?
Accessibility
There is no need to wait for the elevator; anyone on the bottom or first floor can use it right away. For example, this is not the case for someone who lives on the 10th level. The journey to a home on an upper floor requires more time and work. In the event of power outages, which are frequent in many cities, it can also pose a serious problem.
Exposure to the elements of nature
More light and greater ventilation would be found in a home of high rise buildings. The house will get much hotter in the summer due to the intense sunlight, and significantly colder in the winter due to the breeze. If the house is not sufficiently secured, your unit is more susceptible to internal problems and seepage during the monsoon because of greater rain exposure.
Resell price
Homes on higher storeys won’t be worth as much as homes on lower floors. Only youthful purchasers who don’t mind climbing stairs in the event of a catastrophic power outage may prefer homes on upper floors. Senior individuals and families with children are less likely to buy upper-floor residences. As a result, there is little market for such houses. If you choose to sell such a house, it could be difficult to do so fast.
Possibilities for leasing
For the same reasons as previously, tenants with families tend to avoid houses on upper floors. However, they are very popular with couples, young people, and single working professionals. The city in which you live has an impact on how well-liked your rental property is among tenants.
Increased use of electricity
A residence that is hot in the summer and cold in the winter will demand your air conditioning and heating systems to run more frequently than units on the lower floors of high rise buildings in the same housing society. Your electricity cost would thus be much greater than that of your first- or ground-floor neighbors.
Are there High rise buildings located in the Philippines?
The Philippines is a growing country. In terms of population and land area, professionals started to expand resources to accommodate the increasing demands, thus designing and construction of high rise building located in popular cities are now common.
Brittany by VistaLand is one of the country’s leading real estate development organization offers a number of condominium unit. One of them is the Pre-Selling One Bedroom Luxury Condo in Alpine Villas, Tagaytay City.
This one-bedroom luxury apartment starts at 32 square meters and is situated in Alpine Villas at Crosswinds Tagaytay. The Alpine Villas currently comprises of four mid-rise towers: Bernese, Brienz, Blanc, and Biel, which served as the community’s first towers. These are roomy vertical homes that would be great for weekend getaways or even as a permanent abode.
This property is a fantastic investment option due to its position in a neighborhood that is suitable for retirement, vacations, and weekend getaways. Crosswinds, a posh neighborhood in Tagaytay built by Brittany Corporation, is inspired by Swiss architecture.
Given that it is only a few minutes from the city, it is a fantastic investment for people who prefer to live in a city but value the peace of the mountaintop. A great investment given how close it is to the downtown.
This community’s position proves that Tagaytay City is a well-liked weekend getaway destination in addition to its picnic areas and views of Taal Lake. The landscape of Tagaytay is defined differently in the Crosswinds neighborhood.
Another property by Brittany is the Bern Baguio. The Bern Baguio is a three-tower luxury mid-rise residential condominium building located on Outlook Drive corner C, which is one of Baguio City’s most picturesque locations. The Brittany Corporation logo is displayed on Apostol Street in Baguio City. A unique and upscale living experience is promised by the development.
Bern Baguio is an eight-story luxury condominium with magnificent views of the city skyline and unmatched accessibility to all the key locations in Baguio City.
The Bern Baguio Brittany is a multifaceted entertainment complex that is part of the master planned community. In a home that is just a beat away from Baguio’s bustling urban scene, homeowners will benefit from an elite living experience that will distinctively foster particular hobbies and lively sensibilities.
Despite its fast-paced metropolitan community life, Bern Baguio’s energizing recreational amenities and remarkable features have attracted a young population of forward-thinking and imaginative family starts who want for a tranquil existence.
This residential development not only offers all the conveniences and elegance of home and neighborhood, but also features amenities for work and play, such as family-friendly entertainment areas.
Conclusion
Living in a high-rise building is fantastic. They offer people first-rate comforts, conveniences, and facilities. You get to take advantage of lots of natural light, ventilation, and fresh air. You’ll invest in these high-rises for sure because of the connectivity and security. They do, however, have a number of disadvantages, such as expensive maintenance, low resale value, waiting for elevators, and more. We sincerely hope that this information helped you decide whether or not to invest in a high-rise.
