The Rise of Midrise Condos

Due to limited land space in urban areas, condominiums have been gaining popularity. Armed with modern features and luxurious amenities that would feel like living in a hotel, condo units are preferred choices of the career-driven single people of today.

Why the sudden popularity though?

Condo builders have the right mindset in selling – condo units are an investment. When you get married and eventually move to a house and a lot, you can still earn money from the condo you bought by renting out. Condos are also built in very strategic locations that living in the community would be convenient. Add to the convenience is the security you will get having to leave your house when travelling or entertaining guests.

There is no doubt about it, condominium living is “in”.

But there is also a new type of condominium buildings that are being met with approval – mid-rise condos. Lately, mid-rise condos have been attractive for small families as condo builders make the mid rise units like townhouses in a sprawling community, complete with the essential amenities – park, playground, gym, function hall and even swimming pool. It is like living in a village! DMCI offers mid-rise condo units along with high-rises and of course community DMCI homes.

For those who cannot afford the high-rise condominiums because of limited budget, mid-rise condos are good options.  Mid-rise condos range from five to ten stories. These condos do not have very high prices, thus more people opt for them.  The condo fees will probably be higher in high-rise condos because you're paying for full services. Some buyers are very "condo fee adverse" so clearly, mid-rise condo units certainly have such an advantage over some of the more full service, high rise condo buildings in town.

There a few disadvantages to owning mid-rise condos from the typical and popular high-rise condos but it will be more advantageous than low-rise ones. In the United States, mid-rise condos are typically built from abandoned and old warehouses so the appeal towards artists, struggling musicians and those who love big and wide open spaces is there. Locally, mid-rise condos are built like how a high-rise condo building would except for the number of floors.

Most contractors usually suggest mid-rise condos along land spaces that do not have similar high-rise units, have stunning views that a high-rise condo will only obstruct and any natural factors that would be present in the area (type of soil, fault lines if present or near, etc.).