It is a commercial title. Freehold but with consent.
Investment PANORAMA RESIDENCES @ KELANA JAYA, Ultimate Prestige Living in Kelana Jaya
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 Aug 16 2018, 10:34 AM
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#1
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38 posts Joined: Nov 2015 
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Sep 6 2018, 06:30 PM
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#2
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QUOTE(A.B.D. @ Jul 25 2018, 02:49 PM) thanks you guys are right, it's perumahan = residential You sure it is a residential with this text "Pangsapuri Perkhidmatan"=Serviced Apartment.?http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=696179&S=S  Please dont mislead Attached thumbnail(s) 
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Sep 28 2018, 02:34 PM
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#3
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QUOTE(BEANCOUNTER @ Sep 13 2018, 08:46 PM) I think its not that 1) If the title is commercial, it is commercial usage. It is based on the title. There is nothing called "Usage" in planning term or land title.The original usage was residential. Developer changed to commercial so that they can increase plot ratio. Thats why no need to provide retails. Hda or not got nothing to do with land title. As long as you are building residential units you can have schedule h spa hence its protected under hda. Tis is a restricted freehold development. 2) Developer doesnt need to convert to commercial to increase plot ratio, if still residential, to increase "density" (commercial uses the term "plot ratio" ) 3) No need to provide retail? this statement looks a bit out. Increase plot ratio and no need to provide retails are 2 separate issues. |
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Oct 13 2018, 10:20 AM
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#4
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QUOTE(BEANCOUNTER @ Oct 5 2018, 08:50 PM) thks Jason. i m very doubt this BOLD statement is correct..it is not compulsory to build retails at the lower floors.where i dont know any particular history abt a piece of land, you guys can google a piece of write up by a local llawyer. if a piece of land was originally residential n the developer converted to commercial, there is no need for commercial element. case: setia sky residences. otherwiise there is no escape of providing shops n office if its a commercial land. the purpose why the developer builds the retail shops at the lower floors for serviced apartments...it is because rarely ppl will buy ground floor for staying..a better bet by developer is to build retail shops at the lower floors ... |
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Oct 15 2018, 10:55 PM
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#5
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QUOTE(BEANCOUNTER @ Oct 13 2018, 12:32 PM) Like i said go google an articke writren by a lawyer. I dont know what the lawyer wrote in his/her article...but the fact is it is not compulsory to build retails at the lower floors. If the developer still continues building the retail shop, the developer should know now what is the marketability of those retail shops below condo or serviced apartment...Am not law maker n i dun write law.. just share wat i read. See southbrookes...how many low floor units atill avaible? Anyone with correct information and knowledge, please come forward to clarify if any misleading information posted in this forum. Thanks. |
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Oct 24 2018, 04:21 PM
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#6
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QUOTE(BEANCOUNTER @ Oct 23 2018, 11:59 AM) this is a residential land title, restricted freehold and no shops on ground floor. Title PT5197, HS(D) 315718, Section 40, Bdr Petaling JayaSyarat syarat nyata : Bangunan Perniagaan. It is freehold with a restriction/consent imposed at the title. |
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Oct 28 2018, 09:48 PM
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#7
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QUOTE(Tan&tan @ Aug 16 2018, 05:34 PM) How on earth it’s a commercial Title PT5197, HS(D) 315718, Section 40, Bdr Petaling JayaSyarat syarat nyata : Bangunan Perniagaan. It is freehold with a restriction/consent imposed at the title. Is this clear ur earth? |
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Oct 30 2018, 10:53 AM
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#8
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QUOTE(BEANCOUNTER @ Oct 28 2018, 09:58 PM) If this panorama no shoplots or office on ground and 1st floor, confirmed original plan was residential but developer converted to commercial to increase the plot ratio. I really dont know how to tell u this statement is wrong too...Suidai thinks nia. I often wrong de. i give up... |
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