Investment AIRBNB unfriendly condo, Please help input if you know of those
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 Dec 14 2018, 04:49 PM
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#1
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QUOTE(BEANCOUNTER @ Dec 14 2018, 04:08 PM) Am waiting to see which rumawip will be the 1st one to ban x3 airbnb a alot of condo/service apartment banning -airbnb now. Will rumawip ban rental and airbnb also?   This post has been edited by warface: Dec 14 2018, 04:49 PM |
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Dec 14 2018, 04:51 PM
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#2
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QUOTE(Ivylee @ Nov 15 2018, 05:12 PM) if not mistaken commercial under HDA, by right cant do air bnb rite. so buy property we aso need aware about this but it seems commercial hda also risky. If purely commercial should be the safest. Anyway also subject to the JMB decisions. |
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Dec 14 2018, 11:20 PM
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#3
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QUOTE(BEANCOUNTER @ Dec 15 2018, 12:09 AM) alamak, how many times i need to explain already... bean boss, 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. 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. |
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Dec 14 2018, 11:44 PM
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#4
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QUOTE(BEANCOUNTER @ Dec 15 2018, 12:30 AM) these were imposed by banks, Not HDA. Understand the margin is banks standard, thanks bean boss for highlighting. 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. 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 |
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Dec 15 2018, 08:39 AM
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#5
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QUOTE(BEANCOUNTER @ Dec 15 2018, 12:50 AM) no lah.... ya agree, more activities and convenient in commercial area/tourist area/medical area with transport, eateries, maybe tourist attraction, business or medical purpose etc. 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. 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  |
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Sep 28 2019, 03:11 PM
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#6
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QUOTE(sosobear @ Sep 27 2019, 08:39 PM) Parkview, Vortex, Summer Suites, Binjai 8 thanks for the list |
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