1. Useful life

Commercial support 40 years. Office 50 years. The 70 years than residential shrinkage serious,

Title time I understand should be the time of the right to use the land. It is not the time of home ownership. Because after the purchase of the house. The homeownership belongs to you. But the land you only have the right to use. No ownership. Land ownership is state-owned. The state stipulates that the maximum annual land use right of pure residential land is 70 years. For commercial land, the maximum is 40 years. So. Housing only 40 years of land use right time may also occur. 40 years later. After 40 years, the state has the right to take back the land and ground attachments. 50 years and 70 years sounds like the current owners have little impact. But because & lt; property rights law & gt; on the comprehensive land use right of property can automatically renew the provisions are not clear. Therefore. Purchasing a residential or commercial property on a mixed-use site is still a risk. Article 149 of the Property Rights Law stipulates that if the term of the right to use land for residential construction expires, the right will be automatically renewed. Automatic renewal. Non-residential construction land use right period expires after the renewal. In accordance with the provisions of the law. The ownership of houses and other real estate on the land. If there is an agreement. According to the agreement, if there is no agreement or the agreement is unclear. In accordance with the law. Administrative regulations... The most probable solution is: after the expiration. You pay the land premium to the state again. The state will grant the land use right again. So. You won't lose 30 years. But you will pay more land premium. Because in 40 years the land premium will be more expensive than now!

2. Transaction Taxes

The deed tax for the first purchase or transfer is charged at 3%. And residential 1.5%,

If the state introduced property tax. Land value-added tax. The standard for commercial properties will also be higher than residential properties

3. Mortgage

Most of the projects are not eligible for CPF loans. However, there are a few projects where the developer is able to do so. The other 50-year ownership or 40-year ownership of homes. If you take a bank loan. Can only get 50% or 60% mortgage. The maximum loan period is 10 years

4. Daily living costs

As per the rules of public construction. Water. Electricity. Heating and cooling costs will be at commercial rates. So. Home buyers should inquire about this when purchasing a home. Currently. Most of the developers take remedial measures in the pre-development. They are able to pay the residential price.

Water charges: 3.7 (residential)/5.6 (industrial and commercial)/6.1 (hotels and restaurants). Hotel. Catering)

5. Design standards

Design-oriented different. The public property is subject to orientation. Lighting. Depth and other restrictions are less. The requirements for ordinary residential properties are higher.

6. Settlement Problems

Can't Move Into a Household

The advantages are as follows:

1. About Value Preservation

Developers can convert commercial properties, which have higher land and construction costs, into residential properties for sale. The main reason for this is that residential properties are highly realizable. The main reason for this is that residential properties are highly realizable. Risk is low. The sales speed is fast and the time to return the money is short. Of course. The key reason is the scarcity of residential properties in the area! Higher profit value can be realized. This is why buyers are looking to purchase this type of home. This is often due to a lack of alternatives. The real estate is also better at retaining its value.

2. On the construction standards

Non-residential housing construction standards are different. If you follow the requirements of public construction. The construction standards for human defense and fire protection are higher. For developers. The cost will increase. But the impact on the use of home buyers is not significant.

3. You can register a company

June 19, 2006. The Beijing Municipal Bureau of Industry and Commerce formally issued the following: the company registration where the submission of the & lt; house ownership certificate & gt; or commodity house purchase contract written housing use for "residential (including apartments. Villa)". The expression of the use of housing can not be identified as residential or commercial (such as commercial and residential. Complexes, etc.). No registration will be granted. Therefore. Non-residential property. Can be registered as a company