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 Anybody regret buying service apartment?

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gooroojee
post May 5 2021, 10:37 PM

LowYee
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Has anyone experienced or know of any other differences between residential high rise vs. commercial high rise under HDA, besides the difference in utility bills, quit rent, assessment tax, etc.?

How about leasehold lease renewal? Claim to the underlying land? Car park I heard also can't sell or transfer when we sell our unit (not sure how true)? Formation of MC? Strata titles? Authority or influence over the retail or commercial shops under our residences?

Real life experiences and lessons learnt will be greatly appreciated!
gooroojee
post May 6 2021, 08:34 PM

LowYee
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QUOTE(nohow22 @ May 6 2021, 01:42 PM)
it is slightly difficult to sell or transfer your unit and it takes longer time
lease renewal is different for KL and Selangor so which state you are in?
what are the differences you want to know regards on the title of residence?
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Thanks. So commercial with HDA strata titles are harder to sell or transfer compared to residential strata titles ya?

Let's try KL lease first. Someone told me Selangor just pay RM1k can renew lease for 99 years already.

I was thinking about resident's rights on common property where the property is actually a mix of homes and shops/offices and common areas like a ground floor park or open space.

In a condo, the MC has full authority to change condo facilities, change the landscape, fencing, facade, and strata owners have a proportion of the land according to their unit size. For commercial with HDA, how is the shared grounds apportioned? I'm told the residents have no management control over the shops and ground floor area, and can only manage their own residential space above the commercial properties. Is that right?

 

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