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 Residential vs Commercial Title, Everything about it

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1ullaby
post Mar 21 2011, 11:02 PM

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QUOTE(kelvin_tan @ Mar 21 2011, 10:00 AM)
Haha.. the purpose of this thread is not to find which is better actually but to "know" what am I investing in.

Any other pointers that could be shared? I'm pretty sure there should be difference in "Residential" vs "Commercial"
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Commercial title somewhat favors the developers when they are doing projects that raises the density ratio in that area substantially.

As well, some commercial titled projects chooses not to give / sell / rent out their parking space, that is not an option in residential titled.

Note that higher utility bills aside, your maintenance fees are higher too?

But, on the other hand, commercial titled properties favors the investors WHEN the location has all the ingredient for commercial success,
it'll give your residential unit a =Boost= wink.gif

This post has been edited by 1ullaby: Mar 21 2011, 11:10 PM
1ullaby
post Mar 22 2011, 12:03 AM

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I see, I was under the notion of commercial titled will always be able to support a high plot ratio, no?

Hence, when market favors residential dwellings, it makes good sense for developers to go high density residential for their commercial land.


1ullaby
post Mar 22 2011, 11:05 AM

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QUOTE(kelvin_tan @ Mar 22 2011, 10:59 AM)
@michaellee
Sorry maybe I should provide slightly more details.

This is based on market average and it is not necessarily right if we go into specifics.

Normally, down payment is 10/90... but for commercial it is 15/85.. how true is this?

For Mayland, it could be that they are giving 15% discount which is why its 0% down payment. The same is applicable for Suria Jelutong, 15% downpayment and 15% discount given (during the early stages, now its 12%)
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Hmmm .. commercial - residential use to be full 90% as far as I know as I am vested in some studios / serviced apts,

The recent trend could be due to the 70% LTV effect whereby the projects of these nature became fuzzy.
Anyway, better for someone in the know to comment.

 

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