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 Residential vs Commercial Title, Everything about it

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noblebaby
post Apr 9 2017, 10:05 PM

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For this case, the loan is residential or commercial?

QUOTE(davkong @ Apr 9 2017, 12:25 PM)
Serviced apartment, commercial title under HDA.
TNB - Domestic tariff (A-013)
Water - as charged by the management. Initially we were charged minimum RM30 per month, later on reduced to RM15.
Assessment rate - 5% of nilai tahunan, not sure this is residential or commercial rate. Mine amounts to RM261 per year.

Hope this helps.
*
davkong
post Apr 9 2017, 10:17 PM

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QUOTE(noblebaby @ Apr 9 2017, 10:05 PM)
For this case, the loan is residential or commercial?
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95% loan as under DIBS 5/95 back then.
soulmad
post Apr 10 2017, 12:12 AM

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From: KL
If under DBKL
commercial title is charge by commercial TNB tariff
assessment is 7%
water is commercial too
RM 2.07
propertymart
post Apr 11 2017, 01:10 PM

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Anyone have KL area example? The one I m looking at is zone under DBKL?
Mind share ?
harrie
post Aug 10 2017, 04:19 PM

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QUOTE(davkong @ Apr 9 2017, 12:25 PM)
Serviced apartment, commercial title under HDA.
TNB - Domestic tariff (A-013)
Water - as charged by the management. Initially we were charged minimum RM30 per month, later on reduced to RM15.
Assessment rate - 5% of nilai tahunan, not sure this is residential or commercial rate. Mine amounts to RM261 per year.

Hope this helps.
*
Hi Dav,

Can you tell the developer of your service apartment?

I'm looking to buy KLTS service apartment, its land is commercial title, under HDA. I'm kinda worry about water bill, electric bill, quit rent and assessment that might charge in commercial rate...

Or maybe any advice you can provide?

First time home buyer here.....
davkong
post Aug 16 2017, 09:52 AM

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QUOTE(harrie @ Aug 10 2017, 04:19 PM)
Hi Dav,

Can you tell the developer of your service apartment?

I'm looking to buy KLTS service apartment, its land is commercial title, under HDA. I'm kinda worry about water bill, electric bill, quit rent and assessment that might charge in commercial rate...

Or maybe any advice you can provide?

First time home buyer here.....
*
It's SP Setia project.
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