but it seems commercial hda also risky. If purely commercial should be the safest. Anyway also subject to the JMB decisions.

alamak, how many times i need to explain already...

there is no commercial hda and residential hda. HDA is HDA....and it will and only covered residential usage properties.
there is no different btw jmb in residential property with commercial or residential land title.

this is interesting.

bcos if they only ban Airbnb without banning long term rental, meaning the jmb is admitting long term rental is ok.

bean boss,
a) commercial title govern under hda -usually 90% max loan margin 1st and 2nd prop
b) purely residential - usually 90% max loan margin 1st and 2nd prop
c) Commercial soho, sovo - usually 80% max loan margin no capping

apa difference? can explain a bit boss? that's my understanding on the type.

Both are different...If you understand how the true Airbnb /homestay works. The Airbnb form that you most see is hybrid Hotel operation.

But I do agree they shouldn't allow both.

these were imposed by banks, Not HDA.

what I saying was the power and limitation of both JMB re strata title act has no differences whether the residential portion of the building is sit on commercial or residential land title.

Understand the margin is banks standard, thanks bean boss for highlighting.
those really commercial type should be more receptive to airbnb kwa, since its already commercial owner shld hv the mentality of using the prop for business purpose - include airbnb

no lah....

if developer applied development under schedule H of HDA, it got no different from sch H of HDA for residential title lah.

what is so commercial about commercial land resi usage compared to resi land resi usage?????? few shops below? no fancy lobby? higher utility charges?

mind you, some rumawip also developed under commercial land.


my only suggestive of airbnb usually more flourish in commercial land resi usage building is that most of them are facing or near main road, transportation and key commercial areas whereas resi land condo usually stuck in taman taman residential areas.

ya agree, more activities and convenient in commercial area/tourist area/medical area with transport, eateries, maybe tourist attraction, business or medical purpose etc.
residential area also got demand geh, but might be limited. Usually for visitors, marriage house (fr friends or relative) etc.
that's my view la

aiyo beautiful place and nice place for airbnb also kena ban. really rugi, price not cheap also for the reach, thanks or da update

This post has been edited by trust4you: Dec 15 2018, 08:52 AM

ManutdGiggs boss is DPC of any way airbnb unfriendly?

saw one post at Studio [or soho, cant remember, above the shoplot] at Arcadia. very badly reno....macam cincai kautim and put on Airbnb. No free parking on premises. need to pay by meter.

so far none for dpc condos.

Onli soho is allowed but not officially too.

The rest nope.

An update on 9.11.2018. This injunction was dismissed by the Court of Appeal on 5.11.2018.

The Airbnb lost their courtcase. This particular operator has lost their court case with The Verve Mk and now with Setia Sky Residences.

Subsequently the MC has voted a reso to ban Airbnb and all operation should ceased by before end of January.2019.

https://blog.burgielaw.com/2018/10/11/strat...airbnb-parcels/

This post has been edited by gks: Dec 15 2018, 12:54 PM

Not a surprise at all. Only investors who bought wrong property need to resort to Airbnb.

is the 'short term tenancy' defined in our national land code?

you don't say it....

ekojuilai also will be full of Airbnb...….those loft units, jialat.

I think sofiya ppl buy make as investment many may do airbnb later on

If the mentality of owners there r not for long run then tis might b the best airbnb biz in Sofiya.

Gd or bad owners there hav to bear with it. With a strong jmb to preserve the beauty of 1 project regardless the price point the condo ll last a marathon. Vice versa if otherwise.

why u think airbnb will floushing in sofiya? what are the attraction of dpc for these airbnb guests?