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Bryle Suralta

Bryle Suralta

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Millennials have now entered their prime spending years. While some habits and trends may differ from generation to generation, property investing remains a can’t-miss opportunity, even for younger and older millennials alike.

The market in recent years has seen young people choose condos as their preferred property type. It’s not that suburban areas aren’t appealing anymore. In fact, interest in house and lots in fringe cities and provinces have only increased. But interest in urban developments in and around central locations has remained strong and consistent.

As both more millennials (and Gen Z-ers) continue to enter the urban professional landscape, this shift toward condominiums near business districts is only going to become more apparent in the near future. Of course, it’s also hard to argue against choosing accessibility, convenience, and amenities. 

For starters, condos mean less travel time and hassle going to and from their workplaces. Commuting seems like too much work these days, too. These developments give them unparalleled access to Metro Manila’s leading business districts, recreational facilities, commercial establishments, and the like.

Work-from-home and hybrid setups are only going to persist as we all move forward in our pandemic lives and beyond. With this, demand for properties near prime locations is going to accelerate. We can count on prices for these developments to increase, as well.

Research also shows that millennials aren’t exactly too keen on leading “traditional” lives, or at least not yet. Most are having children or marrying a little later than what used to be the norm. Some of them don’t even want to have kids at all.

For these reasons, younger property seekers are committing to compact and more efficient living spaces. The millennial condo craze is a case in point. These are basically properties designed with single young professionals in mind, even if they do have child-friendly amenities and features to accommodate younger couples.

The burden of maintaining property weighs on millennials, too. Millennials tend to be very particular about their time, focus, and task allocation. They might see house maintenance as sort of a drag. At the very least, with condos, they only have to worry about cleaning their own units. The rest are the property manager’s responsibilities.

Condo projects also offer a wide range of amenities that millennials would otherwise have to look for or rent. Private swimming pools, gyms, lounge areas are usually included in the property package for condominiums. Yes, they’re shared spaces, but residents will still appreciate amenities made just for them. These amenities also favor millennials in the selling market.

Properties in and around CBDs

Condo developments such as Laureano Di Trevi in Makati, SYNC in Ortigas, and The Courtyard in Taguig each present property seekers with ideal homes for young professionals. Apart from being situated in pivotal business locations, these projects also offer exclusive, top-of-the-line amenities for their residents. 

These, together with other projects like Glam Residences in Quezon City and Galleria Residences in Cebu, offer units with access to everything urban living has to offer for both investors and homeowners-to-be. 

Nevertheless, these are only a few of Ohmyhome’s condo offerings. Feel free to see Ohmyhome’s wide selection of property listings right here for condos that are built for millennials’ future success. We can expect to see urban living appeal more and more to younger home seekers in the near future. Still, to each their own. After all, this condo trend is certainly not going to end with this generation. That’s for sure.

Need assistance with your property journey? Feel free to get in touch with an Ohmyhome property agent to get started. Find out how smart property shoppers like you can save more on your home purchase. Ohmyhome’s new Cashback program gives you your money back after your downpayment! Learn more here.


Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.

Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.

Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down their choices and find the property that best suits their budgets, home needs, and lifestyle preferences.

The company’s Real Estate Agents not only help in the shortlisting of options but also provide professional services through the entire purchasing process. These include assistance in property inspections, negotiations, the finalization of the Conditions of Sale, deposit collection, the submission of property documents, as well as providing buyers regular updates.

Ohmyhome helps Filipinos find their dream homes, all while making sure each real estate transaction is complete and is an efficient and enjoyable experience.

Stay connected with Ohmyhome Philippines by following our official Facebook, Instagram, and LinkedIn accounts.

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We help OFWs find their forever home.

DO IT YOURSELF​

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Browse Resale Listings

Connect with sellers through our app

ARTICLES​

Steps for First Time Buyers

Like any new experience, buying a home for the first time is daunting.

Home Buying for Your Family

Make sure you’ve thought about these things before you decide to buy a house.

Get The E-Book

Sell

get an agent

Sell with an Agent

Dedicated experts at your service

do it yourself

Prefer to do-it-yourself?

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Post a Listing for Free

Connect with buyers through our app

Articles

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Know the factors that affect property value before you buy a home.

Mistakes to Avoid in Selling

Make sure you’re not committing any of these fairly small, common mistakes.

Passive Income from Real Estate?

Real estate generally appreciates in value and can also be rented out.

Sell Your Property Fast

This is how you can attract more homebuyers.

Get The E-Book

For Tenants

get an agent

Rent with an Agent

Dedicated experts at ayour service

ARTICLES

Renting vs. Owning

Either way, it’s much easier outside Manila.

House or Condo?

Both have advantages and limitations. Everyone has different preferences.

Do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Search or Post your home

Connect with landlords through the app

For Landlords

get an agent

Lease with an Agent

Dedicated experts at your service

ARTICLES​

Assessing Property Value

Of course, knowing your property’s true value is key to any great investment.

Home Staging Tips

With this checklist, you get a better chance of finding a long-term tenant.

Do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Search or Post your home

Connect with tenants through the app

Our Properties

By Developer

SMDC

Properties from the good guys.

Robinsons Land

Raise, live, and connect.

Moldex Realty

The gateway to ideal community living.

PIK

Russia and Europe's largest homebuilder

For Ofws

What we do for OFWs

Safely secure your dream home from overseas.

Buying for Homeownership

Connecting you with the top developers nationwide.

Buying for Investment

For a seamless and stress-free property investment.

LOCATION GUIDES​

Life in SYNC is a Life Well Balanced

A good home gives good shelter, but a...

Quezon City Community Guide: Why Invest in Property in ‘QC

Quezon City is the Philippines’ second...

Break from the Metro: Why Buy a 
Home in Antipolo

While some seek their faith in Antipolo...

Buy a Home in Lipa for a Break from the Big City

Lipa continues to emerge as a good...

Finance & Investments

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Employees sign-up and stay with the...

How to Successfully Save for Your Dream Home

With how high property prices are, ho...

Rent or Own? Either Way, It’s Easier Outside Manila

Manila has always been one of the co...

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