Anyone know why developer build so many SOFO?
1. Land below 2 acres can only do commercial but not residential?
2. Help purchasers with LTV 70%. But can give 20% rebate like South View by UOA to resolve
3. Want to avoid HDA regulation? As commercial, freedom to bill purchasers based on own designed stages in S&P agreement and can withdraw collection without HDA restriction?
4. Because commercial land based on plot ratio can generate higher saleable floor space for SOFO wherelse if build serviced apartment/SOHO need to follow density per acre and lower unit number and higher unit size per unit?
5. You mean SOFO can sell higher psf price compared to serviced apartment/SOHO so developer sell more SOFO?
6. SOFO S&P agreement must state for office use only? How about the DMC (surely would not state allow for residence, right)?
7. SOFO would not provide any room partition; total open space like office. Lower cost to construct?
8. SOFO supposed to have pantry and serviced apartment/SOHO have kitchen
9. SOFO would have requirement on fire springer system due to bomba requirement? Would you want to stay in a unit with springer?
Is SOHO Worth to Invest?, Is SOHO Worth to Invest?
Jul 16 2013, 02:48 PM
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