Each member of the family has different needs for where they ideally should live. Aging parents need more clean air, while children need to be socialized. In this age of health concerns and the need to stay connected, your next real estate investment move must be guided by the intended residents’ physical, emotional, and psychological needs.
It’s something that every person capable of investing in homes should think about right now. Here are some points to consider:
1. The elderly need to live in a physically accessible home, but still need to remain connected to a community for their continued psychological and emotional health. It is an ageist stereotype to think of the elderly as frail and dependent, so while it’s wise to choose senior-friendly living conditions such as single-level homes or bungalows, consider also their need for social interaction by choosing a good neighborhood.
2. Young children need to be near schools. If there are (or will be) children in the household, they should not suffer the burden of long commutes in order to get an education. Consider the presence of good schools in the area, and see how it can fit into the young ones’ schooling needs.
3. Older kids need a variety of recreational activities. Teenagers tend to be restless, but they also still need guidance. Choose homes that have more than one form of recreation that will keep them stimulated, like parks, sports facilities, even churches. Young adults may need less when it comes to getting to their schools or universities, but it does help that they still have that security of a home base nearby.
4. Working professionals depend on reliable telco and road infrastructure, especially if they work from home. The changing workscape, however, has added more variables to the mix. Working people nowadays need access to reliable communication as well as infrastructure network, so potential home buyers need to check that these are in place before investing in a home. Developers like Suntrust Properties Inc. have on their website a property location finder that can get you started on your research.
5. Young couples are more flexible, but need to try out living on their own first in a starter condo. However, Filipino families tend to be close-knit so a win-win solution might be duplexes, triplexes, or quadruplexes—connected homes that have their own living spaces separate from each other. Fortunately, there are developers who have diversified offerings to include house and lot properties as well as condominiums. Within their portfolio are varied choices in bungalows or two-story homes (single detached or duplex), and even triplexes and quadruplexes which may be ideal for multi-generational, or extended households. Check out Suntrust Properties for options.
And don’t forget that location should also be a factor. Choose a developer
that has range in both the major urban areas as well as the provinces so you can appreciate in one glance what living in the provinces or in a highly urbanized city can offer.
Suntrust Properties has developments in major areas within Metro Manila (Suntrust Parkview, Suntrust Adriatico Gardens, UN Gardens, Suntrust Solana); Quezon City (Suntrust Shanata, Suntrust Asmara, Suntrust Amadea, Suntrust Capitol Plaza), Mandaluyong (Suntrust Treetop Villas), and the upcoming Suntrust Kirana in Pasig; as well as in the provinces (Pampanga, Cavite, Laguna and Batangas, and farther off in Bacolod, Baguio, Davao, Cadiz, and Tagum).