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 Residential title vs Commercial HDA differences?

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SUStalzer
post Oct 6 2020, 11:57 PM, updated 6y ago

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Residential title = residential rate utilities (TNB and water)

Commercial under HDA also the same residential rate utilities.

so can share what are the differences between both title?
jasonchaw
post Oct 7 2020, 12:05 AM

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water is under commercial tho...
only electric can convert
mini orchard
post Oct 7 2020, 06:42 AM

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If you are thinking of doing vacation lodging, both are difficult now after the Federal Court ruling few days ago.
ChuanHong
post Oct 9 2020, 02:20 PM

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QUOTE(jasonchaw @ Oct 7 2020, 12:05 AM)
water is under commercial tho...
only electric can convert
*
all utilities boss.. im in commercial HDA schedule H.. the difference is assessment fee will be slightly higher in %.. mostly commercial title are built in popular area..
ChuanHong
post Oct 9 2020, 02:22 PM

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QUOTE(talzer @ Oct 6 2020, 11:57 PM)
Residential title  = residential rate utilities (TNB and water)

Commercial under HDA also the same residential rate utilities.

so can share what are the differences between both title?
*
both are meant for residential area.. not for commercial purpose.. the only thing is commercial under HDA are built on commercial title land.. so its become like this.. Once JMB/JMC form up, if they are vote to against airbnb/short term stay, that's under the management power as well..

just only different is assessment fee for commericla HDA schedule will be slightly higher..
SUStalzer
post Oct 9 2020, 05:43 PM

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QUOTE(ChuanHong @ Oct 9 2020, 02:22 PM)
both are meant for residential area.. not for commercial purpose.. the only thing is commercial under HDA are built on commercial title land.. so its become like this.. Once JMB/JMC form up, if they are vote to against airbnb/short term stay, that's under the management power as well..

just only different is assessment fee for commericla HDA schedule will be slightly higher..
*
alright thanks for sharing.
utility bill rate is the same, that is good enough
X10A Freedom
post Mar 3 2023, 09:27 PM

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QUOTE(ChuanHong @ Oct 9 2020, 02:22 PM)
both are meant for residential area.. not for commercial purpose.. the only thing is commercial under HDA are built on commercial title land.. so its become like this.. Once JMB/JMC form up, if they are vote to against airbnb/short term stay, that's under the management power as well..

just only different is assessment fee for commericla HDA schedule will be slightly higher..
*
assessment fee that you mentioned....it's the quick rent etc?

One thing I can't wrap my head around for the current condo my wife owns....the management keep insisting cannot change the water tariff from commercial to residential. Is it bcoz it's not under HDA? Would you know how do we check if a property is under HDA or not?

And any where to find the process of applying the conversion of water tariff from commercial to residential?

This post has been edited by X10A Freedom: Mar 3 2023, 09:34 PM
ChuanHong
post Mar 4 2023, 10:14 PM

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QUOTE(X10A Freedom @ Mar 3 2023, 09:27 PM)
assessment fee that you mentioned....it's the quick rent etc?

One thing I can't wrap my head around for the current condo my wife owns....the management keep insisting cannot change the water tariff from commercial to residential. Is it bcoz it's not under HDA? Would you know how do we check if a property is under HDA or not?

And any where to find the process of applying the conversion of water tariff from commercial to residential?
*
SnP should have include schedule H.. check that.. is your wife condo called as serviced apartment? if yes, i guess can convert to resident tariffs.. but SoHo those type i think cannot..

This post has been edited by ChuanHong: Mar 4 2023, 10:20 PM

 

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