#condominiumredevelopment

Redevelopment becomes urgent when buildings age faster than their financial performance. Many Philippine condominiums are reaching this critical point. Associations must consider structural fatigue, the need for lifestyle upgrades, and the hidden costs of deferred maintenance. Redevelopment aligns these assets with current expectations and future requirements. I have outlined key indicators and redevelopment pathways in this article. Please follow the link below. https://www.ianfulgar.com/condominium-redevelopment-philippines-for-urban-renewal/

Older condominiums in major Philippine cities still have a lot of potential. Many of these buildings are in great locations, but they face problems like old infrastructure, complicated ownership, and layouts that no longer fit modern needs. Redeveloping these properties gives them a new lease on life and helps improve the neighborhoods around them. This article explains the main strategies for renewal, what prompts redevelopment, and the business reasons behind these changes. Read the full breakdown here. https://www.ianfulgar.com/condominium-redevelopment-philippines-for-urban-renewal/