Philippine Standard time

A Study on Parking Occupancy of Residential Condominiums in Metro Manila


Parking is a vital component of residential condominium developments and is an aspect of the entire transportation system. In the light of changing transportation trends, the study believes that a review and comparison of existing policies with actual parking allocation practices and with parking occupancy is high time. It aims to investigate supply factors, or variables affecting parking supply, and present the parking situation in Metro Manila. The investigation is in the form of a parking occupancy survey, obtaining information on parking occupancy (number of slots that are bought or rented), parking supply and supply variables. These variables are analyzed as to their contribution to parking supply using multiple regression analysis. Parking ratios, expressed in slots-per-unit or slots-per-floor area, are computed and compared with existing parking policies and guidelines. Results show that the supply of parking is indeed an inter-play of several variables. Ther also exists a wide disparity between the minimum parking requirements of the National Building Code with the CBD-specific parking guidelines. The findings are vital in understanding the parking situation in residential condominiums. Reccomendations are concerned with parking policies and factors to be included in future parking evaluation.

Citations

This publication has been cited time(s).