Condominium Types in the Philippines: What You Need to Know

Condominium sales in the Philippines have increased in the first quarter of 2025 despite the ongoing global economic turmoil. It amounts to over 6,500 units sold across Metro Manila. Developer promotions and policy rate cuts have contributed to these changes. Hence, if you’re looking to buy a condo in the Philippines as a new investment or condominium residential property, now is the best time to explore the market.

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So, which one is the best condo type for you? In this blog, learn more about these different types and their benefits. Also, we’ll share where to find the best condo investment in the Philippines in 2025.

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By Structure or Building Type

Condominiums can be classified based on how many floors they have. Each type differs in accessibility to city enters, quality of life, and resale values.

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High-Rise Condominiums

High-rise condominiums are the most common type of condominiums in Metro Manila. They’re typically over 10 stories tall and commonly found in city centers. They offer towering views of a metro cityscape and easy access to restaurants, groceries, and shopping malls. Often, these establishments are found near or within the building itself.

High-rise condos typically offer luxurious amenities and facilities. Thus, they have a good resale value compared to other condominium types. This condominium type is the best for people studying or working in the metro. It is also great for people with cars, as a parking space is usually provided within the building.

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Mid-Rise Condominiums

Mid-rise buildings are often five to 10 floors high and near city centers or suburban areas. They are less expensive than high-rise condominiums, as they’re not exactly within the busy city centers but are within easy reach of establishments.

Since mid-rise condominiums are smaller than high-rise condominiums, they have fewer residents. Hence, it is easier to establish a sense of community with other people in the building. Getting to your floor is easier with fewer elevator stops. Also, evacuating in case of emergencies is much faster.

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Low-Rise Condominiums

The smallest type is the low-rise condominiums, with only one to four floors per building. They have significantly fewer units than the previous types and are typically outside city centers near major roads. Hence, the city is still only a drive away. This type is also the cheapest among the three and has faster turnovers and completion timelines than mid- and high-rise condominiums.

Low-rise condominiums also offer a quieter environment as it is far from the bustling cityscape. They are also less polluted and typically have more access to green spaces. They also offer privacy as fewer people live in the building.

However, since low-rise condominiums have fewer floors, they typically have limited elevators. Also, they rarely have parking spaces allotted for residents. Still, they are a great condo investment in the Philippines for new families seeking a comfortable and convenient residence.

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By Function or Purpose

Another classification of condos in the Philippines is by function or purpose. These are residential condotels, vacation condos, and commercial condos. 

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Residential Condominiums

Residential condominiums are the most common type of condo based on function. They can be high-rise, mid-rise, or low-rise, often offering amenities like parking and security. These condominiums are for people looking for long-term accommodation.

Residential condominiums are best for students and professionals who work or study in the metro, as they are often near or within city centers and thus have easy access to schools, business districts, and universities.

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Condotels (Condo-Hotels)

Condotels or condominium hotels are like hotels, as they also have a concierge and offer housekeeping services to residents. Often, they are individually owned and serve as vacation homes for unit owners. But most of the time, they are rented to short-term guests, like hotel rooms.

Getting a condo investment in the Philippines for use as condotels is great for people looking to buy condominiums as vacation homes instead of long-term residences. Condotels generate income that can offset the costs of maintaining the unit when it is not in private use. 

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Serviced Residences

Serviced residences are fully furnished condominium units designed for long-term stays, typically offering a home-like setup that includes a bedroom, living room, dining area, and a fully equipped kitchen. Unlike condotels, which primarily cater to short-term guests, serviced residences are ideal for professionals on extended business assignments, expatriates, or relocating families who need temporary yet comfortable housing.

These units combine the best of both worlds—residential comfort and hotel-style services such as housekeeping, maintenance, security, and sometimes concierge services. They're often located in key urban areas, close to business districts, lifestyle hubs, and transportation links, making them a practical choice for long-staying guests who want flexibility and convenience.

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Leisure/Vacation Condos

Leisure or vacation condos are fully furnished spaces for short and long-term stays, often popular destinations. In contrast to condotels, this type of condominium has fewer amenities and is cheaper to rent. 

Vacation condos are less strict than condotels. They are great for bigger groups as these units have basic kitchen facilities, often unavailable in condotels. 

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Commercial/Office Condominiums

Commercial condominiums are specially designed for business or commercial needs. They are strictly for business operations and have higher maintenance fees than condominium residential. They also have stricter zoning requirements to ensure businesses comply with the set rules or standards.

A commercial type can be a great condominium investment if you want to save money from rising lease costs for your business. It also gives you more flexibility over the design and setup of your space compared to rental units.

It is also a great condominium investment, as it has higher income potential if rented out than residential units. 

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Torre Lorenzo’s Diverse Condominium Portfolio

Whether you’re looking to buy a condo in the Philippines as a residential space or an investment, it’s important to understand the different types available—such as a studio unit, one-bedroom, or loft type condominium—to determine what will best suit your lifestyle and goals.

Location is key to your condominium investment in the metro. Equally important is partnering with a trusted developer that offers a diverse portfolio, ensuring you find the best type of property in a prime location tailored to your needs.

Torre Lorenzo is a trusted property developer in the Philippines with a growing portfolio of premium condominiums perfect for people looking to invest or find their future home. Here are some of their developments in the country.

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High-Rise & Premium Residential

If you’re a student looking for a residential unit near the university belt, Torre Lorenzo Malate is a perfect choice. This high-rise and premium residential condominium is a 45-storey building, offering studio type and one-bedroom unfurnished units and access to a swimming pool, fitness center, sky lounge, and garden.

Torre Lorenzo Malate is also great for new families near hospitals, shopping districts, and universities. 

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Leisure Developments

Torre Lorenzo has Dusit-branded properties in Batangas and Davao for those looking for a blend of hotel-quality and resort-enjoy living. These leisure and vacation condos offer resort-style amenities like landscaped gardens and spas, perfect for families looking for second homes and investors wanting to enter the booming tourism market in these premier locations.

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Why Choose Torre Lorenzo:

Ultimately, the best condominium type is the one that fits your needs and long-term goals, and the right developer will provide the best build and services for you. 

If you're exploring the different types of condominium in the Philippines, Torre Lorenzo Development Corporation offers a diverse portfolio designed to match various lifestyles and investment goals. With a strong reputation built over 25 years, Torre Lorenzo has consistently delivered timely, high-quality projects in strategic locations across the country.

From its first university residences along Taft Avenue, Torre Lorenzo has expanded to 13 prime locations—each property thoughtfully designed with access to lifestyle-enhancing amenities. We value our residents’ quality of life, so whether you’re a student looking for a quiet, study-friendly condo, a growing family seeking a long-term residence, or a first-time investor entering the real estate market, we have a property that’s right for you.

Contact Torre Lorenzo today to explore your options—from student-centric residences to premium city dwellings—and find the best condominium type to help you reach your personal and financial goals.

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