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Condominium buildings in the Philippines

Fact or Myth: Condominium Lifespan is Only 50 Years?

Understanding the Truth Behind the 50-Year Condo Lifespan Belief Many Filipinos looking to invest in a condominium often come across the belief that the condominium lifespan in the Philippines is only 50 years. This common misconception has led to concerns about whether buying a condo is a wise investment. Some assume that once a condominium reaches the 50-year mark, it is automatically deemed...