Vertical Living: Top Features That Make Condos Appealing to Millennials

Breathtaking city views, unhindered access to leisure amenities all year long, and proximity to everything — these are the best perks offered by condo living. It comes as no surprise then that many are attracted to this kind of residential arrangement. Millennials, specifically, are drawn to condos precisely because of specific features unique to this vertical residence. 

These are some of the most attractive features making condos appealing to the Gen Y:

Compact Space for Starting Families

The typical condos come with a floor area measuring 20 to 40 square meters. This is the kind of space millennial couples–who are just starting to build their families–look for. Since it doesn’t require much maintenance like a larger home, a young family can focus on spending quality time with each other instead of doing too many chores. What’s more, a smaller home means less debt. This is extremely helpful for a family that’s just starting out and saving up for children’s education.

If you’re looking for a compact condo that will let you live large in terms of being debt free and improving family ties, consider Verde Spatial by Futura by Filinvest. This vertical development located in Commonwealth, Quezon City has units measuring 22 to 32 square meters, with a starting price of P2.4M. 

Wellness Amenities for Remote Workers

As mentioned earlier, one of the distinct features of condos is the abundance of recreational amenities. Beyond the typical swimming pools and gyms, modern vertical residences now have wellness spaces, wherein people can relax and prioritize their mental health. This is especially enticing for millennials working from home. Being in front of the computer screen all day, they seek a place where they can unwind and let loose after their work shift.

If you’re looking for a condo equipped with wellness spaces, consider the Botanika Nature Residences by Filigree. This premium, low-density residential project located in Alabang, Muntinlupa features various relaxation spaces, including a spa, a sauna, a deck, a garden, and even a library. Peace of mind won’t be elusive in this amenity-rich community.

No-Hassle Outdoor Maintenance for Travel Junkies

Beyond the out-of-the-box leisure facilities available in condos, the no-hassle maintenance makes it particularly attractive to millennials, especially those who travel a lot. Condo living is like getting all the perks of enjoying outdoor spaces sans the responsibility of maintaining it. Even though you go on trips for months or a year, you won’t have to worry about your front yard being unkempt. 

If you’re looking for a condo near the Ninoy Aquino International Airport (NAIA), consider The Radiance Manila Bay by RLC Residences. Located along Roxas Boulevard, Pasay this residence allows you to reach the aviation hub in less than 15 minutes. 

Topnotch Privacy for Luxury Property Seekers

For millennials who already reached the top of success and have it all, the most important priority in a home is privacy. Vertical residences are known for their tight security: high perimeter fences surrounding the condo complex, guarded entrances and exits, guest management in the reception area, and smart access control systems within the buildings. 

If you’re looing for a condo that offers topnotch privacy, consider The Copeton Baysuites by Anchorland. This ultra-luxurious residential development in Bay City has cutting-edge security technologies, namely digital lockset and keycard access systems, which ensure privacy. 

Strategic Location for Property Investors

Successful millennials who want to grow their wealth further often turn to condos as investment vehicles. They make the ideal investment because of their strategic location. Most of them are in central business districts, allowing investors to attract young and seasoned professionals and entrepreneurs. Others are near places of interest, such as malls and schools, which make them easily marketable to young families and students.

If you’re looking for a condo with a strategic location, consider AMA Tower Residences by Picar Development Inc, dubbed as the tallest residential tower in EDSA-Ortigas. Located along EDSA, it offers easy access to different key areas in the capital region, including Ortigas Center, Makati Central Business Disrict, Eastwood City, and more.

Condos are suitable, ideal properties for millennials’ lifestyle and financial goals. This August 31, 2022, the highly-anticipated The Outlook 2022: Philippine Real Estate Conference will discuss different matters related to vertical living. Top executives from various real estate companies will share their expert forecast on the condo market. 

The event is co-presented by KONE and in partnership with media organizations Philippine Daily Inquirer, Inquirer Property, Business Mirror, Manila Standard, The Manila Times, Malaya Business Insight, Sunstar Cebu, Real Estate Blog PH, Negosentro, Property Finds Asia, Village Connect PH, and World Executives Digest. 

The silver sponsors are Maximus and Gorenje, while the bronze sponsors are Inventi, BDO, RCBC, BPI, Metromart, Shopee, Zalora, and CleanSource Solution.

To know more about this in-person event, visit this page.

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