Looks like it is not soho/service apartment as most of us are predicting.
So what is the difference with vos and business suite?
Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail
Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail
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Jan 16 2012, 03:16 PM
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#1
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875 posts Joined: Apr 2006 |
Looks like it is not soho/service apartment as most of us are predicting.
So what is the difference with vos and business suite? |
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Feb 23 2012, 04:35 PM
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#2
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Also got invite on 26 and 27 Feb. So the previous on 25 Feb Sat is for VIP isit?
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Feb 24 2012, 12:58 AM
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#3
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875 posts Joined: Apr 2006 |
Wow. From 700/sq ft to 900/sq ft. BBB fever again?
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Feb 24 2012, 10:10 AM
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#4
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875 posts Joined: Apr 2006 |
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Feb 24 2012, 05:04 PM
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#5
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QUOTE(R o Y @ Feb 24 2012, 04:58 PM) Price from about RM820psf onwards on facility floor level up to RM900+psf on highest level. Roy, any differemce in unit layout with block A and items given?Difference with Block A: - Comes with DIBS (Or RM35psf discount if opt for no DIBS) - Free legal fees for loan agreement - Smallest unit is 454sf facing Kg Baru - Cheapest unit is RM385k for lowest floor 469sf facing YNH |
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Feb 24 2012, 11:46 PM
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#6
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Any idea what is the difference btw business suite (phase 1) and vos (phase 2) as termed by Sunrise? Both office also?
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Feb 25 2012, 12:20 PM
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#7
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What is the current take up rate?
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Feb 26 2012, 11:33 AM
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#8
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Wanted to snap a photo on the current take up but was not allowed to. Still got quite a lot of units available. Didn't count but prob 30-40 units booked. For those who are only coming on next weekdays should still be able to get
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Feb 26 2012, 12:50 PM
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#9
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875 posts Joined: Apr 2006 |
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Jul 18 2013, 01:15 PM
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#10
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If one were to use it for residential it will be at your own risk. I guess if no neighbours or mgmt complain and no DBKL officers were to come and investigate, then no issues lah.
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Oct 27 2014, 04:54 PM
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#11
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I think it depends on how strong the JMB is going to enforce this rule. If majority are doing office then it may be beneficial for the rule of only office to be strictly enforced
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Jul 27 2015, 12:38 PM
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#12
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No one has managed to rent out as office?
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Jul 31 2015, 02:48 PM
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#13
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Some did post in iproperty as office.
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Aug 19 2015, 11:08 AM
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#14
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875 posts Joined: Apr 2006 |
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Aug 19 2015, 11:59 AM
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#15
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875 posts Joined: Apr 2006 |
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Aug 19 2015, 02:42 PM
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#16
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QUOTE(R o Y @ Aug 19 2015, 01:46 PM) There is no GST on the loan amount. You can refer to the Customs Dept Guide on Commercial Banking ( http://gst.customs.gov.my/en/rg/SiteAssets...uary%202014.pdf ) Was made to understand by my lawyer when I bought an undercon SOVO that there will be GST applicable on loan amount disbursement after 1st Apr.From the FAQ section, it is also clearly stated that there is no GST on the repayment, no GST on the interest charged, and no GST on any penalty charges. Bank will only collect GST on other fees or services charged. You can also refer to the FAQ section of the Guide Will wait and see on my next drawdown to confirm then. Would appreciate if anyone has puchased a commi unit after 1st Apr to confirm |
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Aug 19 2015, 04:54 PM
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#17
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QUOTE(R o Y @ Aug 19 2015, 03:02 PM) When you purchase a commercial property from DEVELOPER, you are subject to GST because: Thanks for the info.- The Developer is in the "business" of supplying Commercial Property units, and - The Developer is a GST registered entity supplying a product that is subject to GST The 6% GST is charged on the purchase price, not the loan amount, and has nothing to do with the loan. The tax collected based on the amount collect on progressive payments made to the developer. When you purchase a commercial property from the secondary market, the sale may or may not be subject to GST. The sale will be subject to GST only If the seller is: - A property trader in the business of buying and selling properties - A GST registered entity Please seek the advise of a professional tax consultant before making any decision. However after attending a few GST Seminars relating to real estate, the professional speakers have advised that Commercial Property transactions in the secondary market will only be subject to GST if the Seller is a "Property Trader" and a GST registered entity. Question would be if the commercial is more than 500K and the seller is an individual? |
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