September 5, 2010

It's not low-cost housing

Here is another view of the Berkeley Residences from the other day, but from the bottom of the green footbridge which leads to Miriam College. Because Halcyon asked whether it was affordable housing, here's a little more information about it. If you take a look at its floor plans, you will notice that the units are tiny, but these are actually the standard among most condominium buildings in Manila nowadays. Sulit.com.ph lists their cost from 1.8 to 4.3 million pesos (40,500 to 96,700 in U.S. dollars) depending on whether they have one or two bedrooms and also if they are on the pool level or not. Is Berkeley affordable? For the majority of Filipinos, no it's not. But compared to other condominium buildings, and especially houses, in the metro, yes it is. 

Berkeley Residences seen from the front of Miriam College

15 comments:

istanbuldailyphoto said...

This very large structure. Of course, the cost is too great. I think that is important is that it is robust.

Kaori said...

I wonder what the occupancy rate is! A lot of the expensive condo's have more vacancies here these days. But Berkeley Residences looks like a really great place to live. Especially with the pool :D

George said...

The cost of a unit in this condominium makes me glad I live in a rural area. We may not have all the modern conveniences, but housing is much more affordable than in the large cities.

Dina said...

So many families can live in that one building!

Hilda, I found some minutes in between caring for my visiting daughter and baby to see all your posts that I had missed. So many different and interesting things.
Have a good and safe monsoon season.

Steven (Cavite DP) said...

Hilda! This is a very stunning Photo! I love the way you composed the Whole building in your Photo! Great Job!

Soooo happy to be back Blogging and Back here at your Blog! Was so busy with school with all these Midterm Exams. I've got tons of papers to check but so far, I'm having the Time of my life being a Teacher :)

Your Friend,
Steven^^

Rob and Mandy said...

Wouldn't like to live in a thing like this

PHOTO RIAU said...

Berkeley Residences is a beautiful as well as the green bridge

Randy said...

The views must be amazing if you lived towards the top. Nice photo!

VP said...

The building is in its own way fascinating, but living there is another thing...

Cezar and Léia said...

I must admit I agree with Rob & Mandy... It doesn't look like a very attractive place to live in, specially as you say that the apartments are so tiny. The upper ones must provide a nice view, though.
God bless you!
Cezar

BlossomFlowerGirl said...

I wouldn't want to live in something like this. Is the figure you gave for rent or purchase price? If purchase price, then that's very cheap compared to prices in Australia.

Al said...

By the standards of most American cities, that would be quite affordable. But I much prefer a semi-rural setting, as I live just outside a city on a couple of acres.

Joy said...

Living in a building has its pros and cons, but I could not do it again. I need to have a lawn :)

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Louis la Vache said...

«Louis» wonders why they named it "Berkeley" - that name conjures up images of the notoriously politically left wing city in the San Francisco Bay Area and of the University of California - Berkeley.

hee hee...
The word verification is "pence"... Evidently, it costs MANY pence to live in the Berkeley...

Francisca said...

I'm a Taurus and would not enjoy living is such a building - at any cost.