This shows that when buyers choose single apartments, they must first make clear what is the obvious difference between the commercial attributes and residential attributes of single apartments. In fact, the difference between the two is that in the mortgage policy, the term of residential products loans can be as long as 30 years, while the longest term of commercial property loans is only 10 years.
? As a single apartment is a commercial real estate, this kind of house can be self-occupied or registered as an office, which is its greatest advantage. Singles can rent or sell this apartment, change rooms or buy a bigger house. Although single apartments also need loans, it will not affect the loan interest rate and down payment ratio of buyers who buy houses again, and they can still follow the standards of the first suite. In addition, the commercial proportion of apartment projects is greater than that of pure residential projects, and the formation of surrounding commercial atmosphere can also drive its return on investment.
Although single apartment has many advantages, it also has many disadvantages. For example, its land ownership is only 40 to 50 years, and electricity, water and property fees are charged according to the commercial amount standard, and the cost will be higher after purchase.