New Trend in Real Estate Philippines | Why Live in Tiny Houses

Why are Tiny Houses Becoming Popular in the Philippines

In recent years, many have shifted to tiny houses, especially those with a minimalist lifestyle. This new trend has been gaining popularity worldwide, from Western to Asian countries. Since owning a home feels like an elusive dream for many Filipinos, tiny houses are also becoming more popular in the Philippines.
 
So, in this article, we will discuss this new trend in real estate in the Philippines, why live in tiny houses, and its advantages and disadvantages.

Rising Trend in Tiny Houses

Tiny house communities are starting to grow in the Philippines. This latest trend is a form of development with multiple tiny houses clustered in a communal environment. Those living in these communities practice a minimalist lifestyle, content with a compact yet functional space. They share amenities and common spaces, which helps promote a connection between their neighbors and the community. Furthermore, Filipinos are becoming more interested in tiny houses for their affordability, sustainability, and eco-friendly features.
 
Unlike traditional Filipino homes, this compact dwelling idea is more affordable, making them sought-after by the new generation, professionals, retirees, and environmentalists. However, although it is legal to build a tiny house in the Philippines, there are regulations you should adhere to. Thus, check your area's zoning and building codes to ensure compliance.

Why Live in Tiny Houses

Affordability

From 2024 to 2028, the Philippine real estate current housing market will grow by 2%. The country's capital, Manila, has experienced significant growth in residential homes with double market value. It shows that the housing sector in the national capital region has strong demand. While these figures will benefit investors, prospective buyers or homeowners will be affected, making it difficult for many Filipinos to buy their dream homes.
 
As a result, many buyers will be out of the market, or they will look for more affordable alternative housing options, such as the tiny house. A tiny house in the Philippines costs about P500,000 to P1,000,000 on average. The prices may be higher or lower based on the size, location, and other features. A tiny house can have basic to luxurious amenities based on owners' preferences.

Customization and Personalization

Another reason to live in tiny houses is the ability to customize and personalize their features. Many Filipinos construct tiny houses, knowing they can design them based on their needs and preferences. They work with builders and designers to plan their specific requirements. Homeowners can also get creative to ensure functionality and maximize each space when designing their tiny homes.

Eco-friendly and Sustainable

With the effects of global warming becoming more evident, many are finding ways to reduce their carbon footprint. That’s why environmentally conscious individuals leaned towards the tiny house movement to counteract climate change. Tiny houses are known for their eco-friendly and sustainable features.
 
It can have solar panels, rainwater harvesting systems, natural ventilation, composting toilets, and energy-efficient appliances. These features can help reduce humans' impact on the environment. It can also help homeowners save on utility expenses, nurturing a more sustainable lifestyle.

Conclusion

Overall, tiny houses will affect real estate in the Philippines. It offers more affordable and personalized housing to homeowners while benefiting the environment. On the other hand, a tiny house is not for everyone, especially if you're not up to downsizing your belongings or living in a constricted space. Moreover, check with local government units (LGUs) regarding building codes and zoning laws before building a tiny home. Lastly, always consider the security of your neighborhood when planning and designing tiny houses.