How much do you know about home ownership in the Philippines?

ReputableJoy avatar
ReputableJoy
·
·
Download

Start Quiz

Study Flashcards

10 Questions

What is the main concern among Filipinos?

Home ownership

Which regulatory board establishes standards for housing projects?

Housing and Land Use Regulatory Board

What are the types of economic and socialized housing?

Single detached, single attached/duplex, rowhouse

What are the other types of housing?

Condominiums, apartments, townhouses

Which programs offer home financing?

Both A and B

What can PAGIBIG housing loan be used for?

Purchase of a house and lot, townhouse, or condominium unit

What are the other purposes of housing loans?

Purchase of a lot, construction or completion of a residential unit, home improvement, and refinancing

What is the advantage of townhouses?

Provides the comfort of a house and lot plus the convenience of condo living

What are prevalent in urban areas?

Mid-rise and high-rise condominiums

What should homeowners be mindful of in townhouses?

Noise and limitations on home improvements

Study Notes

  1. Home ownership is a growing concern among Filipinos.
  2. The Housing and Land Use Regulatory Board establishes standards for housing projects.
  3. Economic and socialized housing types include single detached, single attached/duplex, and rowhouse.
  4. Other housing types include condominiums, apartments, townhouses, and triplex.
  5. Home financing programs include PAGIBIG, SSS, GSIS, commercial banks, cooperatives, and NGOs.
  6. PAGIBIG housing loan can be used for various purposes, including purchase of a house and lot, townhouse, or condominium unit.
  7. Housing loan purposes also include purchase of a lot, construction or completion of a residential unit, home improvement, and refinancing.
  8. Townhouses provide the comfort of a house and lot plus the convenience of condo living.
  9. Mid-rise and high-rise condominiums offer different amenities and are prevalent in urban areas.
  10. Homeowners need to be mindful of noise and limitations on home improvements in townhouses.

Test your knowledge on home ownership and housing in the Philippines with this informative quiz. From the different housing types to financing programs, this quiz will cover various topics that will help you understand the ins and outs of owning a home in the Philippines. Whether you're a first-time homebuyer or a seasoned homeowner, this quiz will provide you with valuable insights on the standards, regulations, and loan options available to you. Get ready to learn about townhouses, condominiums, housing loans, and more!

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free
Use Quizgecko on...
Browser
Browser