Condo-hunting in 2020? Here’s what you should know | Inquirer Business

Condo-hunting in 2020? Here’s what you should know

/ 02:32 PM September 24, 2020

You’re finally deciding on getting your own condo unit, but there’s an overwhelming number of choices out there. You have to be sure you get the best for your hard-earned money, especially during these times when we’re already into the new normal.

A real estate property such as a condo unit would likely be the most expensive asset you will buy in your entire life so it’s a must to be prepared and guided by up-to-date information. When buying a condo in 2020, here are 4 things you must consider:

1.  Urban or Suburban Condo? The choice is yours.


City or suburb? Homebuyers now have more choices on the lifestyle they’d opt for in the long run.

Nowadays, more and more homebuyers and developers have been heavily investing in surrounding areas outside the metro such as Laguna, Cavite, Rizal, Batangas, Bulacan, and Pampanga, otherwise known as the Greater Manila Area.

Many have especially been scouting around Calabarzon as it’s said to become the country’s next urban center, being the second-largest contributor to the national GDP. Buying a home here has even been compared to buying a home in Makati or BGC before it became the business district we know today.

If you’re looking for a worthy investment situated in friendlier communities away from the crowded Metro, consider Calabarzon as your choice.

2. Does the developer have a good track record and reputation?

The safest way to ensure a good return of investment when buying a property is to choose a developer with a good track record and reputation in the industry and among buyers.

Do they have a long-term vision for what they are building, or are they in the business just to make a quick buck? Do they have a history of abandoned projects or using substandard materials?

A useful tip is to know how many units have been sold in the development or how successful their past projects have been. These can usually indicate your developer’s credibility.

3. Location: what are you getting besides the unit?

Your home won’t only be the unit itself, but also its immediate environment. Does the location offer convenience?

As a growing trend, many major developers today build more than just towers. They create master-planned communities or townships complete with retail, dining, and entertainment centers and even offices, hotels and hospitals. For those planning to have a family, another important consideration would be the proximity of schools.

If you’re leaning towards a more long-term investment, pay attention to these aspects and assess which best fits your lifestyle.

4. Does it provide a healthy lifestyle for you and your family?

Research shows how homebuyers today prefer having green and quiet spaces as opposed to the busyness and noise of urban areas. Many now value the availability of nature, walking trails and an overall natural environment. 

Developers have since sensed the rising change in preference of homebuyers and created “green-designed” communities that prioritize comfort and sustainability.

A widely known township that offers this kind of environment is Greenfield City in Sta. Rosa, Laguna, created by Greenfield Development Corporation, one of the largest and oldest real estate companies in the country. Called a ‘city within a park’, Greenfield City is popular for being carefully planned with pocket parks, business centers, and dining and shopping strips.

The eco-city is home to Zadia, a contemporary low-density condominium designed to bring “greenspiration” by incorporating nature both in its interior and exterior. Eighty percent of the development is devoted to green open spaces, including tree-lined roads, playgrounds and various amenities, which is unheard of in the Metro and even Sta. Rosa. Each unit also has its own balcony to help occupants fully appreciate the fresh air brought by its nature-rich facets.

This kind of green environment has become even more relevant today, when the movements of people are going to be restricted. At Zadia, residents can still enjoy moving around within the safety of the community’s wide open green spaces.

With its first two towers already sold out, Zadia is now onto its third tower with two more on the way, showing good signs of steady demand.

Zadia is a premier development of Equus Property Venture, Inc. – a wholly owned subsidiary of Greenfield Development Corporation, one of the largest real estate and landholding companies in the country. It remains true to Greenfield’s vision of building communities that will stand the test of time, worthy of being handed down from one generation to the next.

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TAGS: Equus Property Venture, Inc., ZADIA Condominium
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