As Urban Populations Grow and Real Estate in Cities Become Sparser and More Expensive

Times have changed. In the past, people thought that owning a house was like living the dream, or that the bigger the house, the better it was. Nowadays, people tend to think and want smaller; phones and computers got smaller, and these days, many people want their spaces to be more compact as well, which means getting a condo unit.

As urban populations grow and real estate in cities become sparser and more expensive, more and more city dwellers are opting to invest in condominiums over house-and-lot properties, and for good reason living in a condominium at the heart of the city provides numerous perks that living in a house will not be able to offer.

When it comes to living in a city like Metro Manila where traffic is almost always a problem and taking public transportation can be quite daunting, living in an area that’s at the center of everything is a benefit most people would be willing to pay big money for. For most city dwellers, buying a house and lot at the heart of a central business district would be near impossible, but it’s an opportunity that many condominium properties offer at a significantly lower price.

University Condos are acquirable in Metro-Manila where students who are studying in nearby schools can feel an easy lifestyle because of the accessibilities available within the area. Eventually, there are still problems that should be faced by the dwellers and that problems cannot be noticed.

1.2 Background of the Study

“U-belt” is a generic term given to an area that has a cluster of universities. Metro Manila has several of them, but the oldest, largest and most famous is located in the heart of Quaipo,