In today’s Philippine real estate market, a popular choice of living arrangement for the young urban professional is a Makati condo. These single professionals are some of the most dominant people in Makati. About half of both male and female employees in the city live the single life. Some of them reside in far-flung areas such as Bulacan in the north to Cavite in the south. Travel time from these areas usually takes about two to three hours, and that can be very tiring for any employee. Imagine having to travel three hours to work every single day. This is one reason why some choose to get a Makati condo.
This kind of long travel isn’t just exhausting, however. It can also be expensive. Oil prices were at an all-time high in 2008, and that is likely to be surpassed in the coming years. It is becoming more costly to drive long distances to work. For example, the distance between Manila and Cavite is almost 22 miles. This isn’t just a two-hour drive (three during rush hours), but it’s also a strain on the budget. When a person living in that area chooses to buy a Makati condo or rent a Makati apartment, he can save a little bit on travel or gasoline costs. Given that single employees don’t have any tax exemptions, this is quite beneficial for their savings.
Young single professionals are especially suitable for life in a Makati condo. There are studio-type condominium units which cater to people like them who don’t really need a lot of space. Normally, singles just need a place to sleep and eat, or perhaps bring a couple of friends over. They don’t have families that need extra space and separate rooms for children. Instead, they can focus on their own needs.
A Makati condo is also perfect for the single professional in terms of office space. In Makati, the biggest corporations make their home, and many employees find good jobs in the city. Instead of a daily three-hour drive spending lots of money, these workers can instead rent a Makati apartment or buy a condominium unit to lessen the hassle. These condo units cost around $40,000 to $100,000, and they have excellent security and amenities available.
Indeed, the Philippine real estate market offers plenty of opportunities for single employees suffering from a long, dreary daily commute. Makati condo buildings have many kinds of units to fit the needs of these workers. Whether it’s a studio-type unit or a larger one able to accommodate a group of people, Makati offers excellent housing opportunities that will enable young professionals to live life to the fullest.
