Hi All,

I'm new to this forum and I hope someone here could give me a head start.

I wanna know more about office suite concept. It seems like office suite type of property is the trend nowadays. But, what exactly is office suite? Can someone give me a detail definition of it? it comes under commercial properties? or residential?

tried googling office suite but could not find anything. is there such a thing?

Some might call it as SOHO (Small Office Home Office). Just out of curiousity, is this type of property good for investment? Some of them looked so simple. For example, Subang SOHO is one of them. Just a room, a kitchen and an office?

Seems like a good investment. What are the rental yields?

Kalai,

According to my observation....

Office Suites can be owned by private individuals. Office Blocks/Building are generally owned by one entity and it is leased out to businesses. For example, PJ8 is a very unique Office Suites concept with residential, office suites, as well as office blocks, all within the same development from a very solid developer. I would think it's a good investment. And there are only limited units left unsold. Going at approximately RM550-600/sq ft. I'm not sure about the rental yield thou. Perhaps somebody can enlighten us about the rent they pay per square feet in PJ8's office suites.

SOHO can be any home turned into office such as those on Jalan Maarof or even a SOHO concept type of development as developers are catching up with new marketing ideas. It's a really cool idea actually. Imagine yourself leaving your home to another home to work. It works very well for certain businesses.

Thats true, SOHO concepts are worth an investment for these days. There is a new concept as HBB. Please tell me difference between SOHO and HBB? very populare in UK actually. How to work on that thing as well?

Basically I don't see any difference between HBB and SOHO.

Edward, my concern with Office Suite is that the land title would be for commercial rather than residential rite? Much like service apartment. Therefore, the rate for quit rent, assessment fees and etc would be higher as compare to residential I assume. And most importantly, if anything happened between the developer / management and you, it is less likely that the Ministry of Housing and Local Govt would help as the land is not for residential purpose. Can anyone enlighten me about this? Thanks.

Very good points. I believe that office suites are under a commercial title. But quit rent even though are a little higher, it's still not ridiculously high.

Would you kindly elaborate on what will happen between developer/management and owner that might require Ministry of Housing/Local Gov't intervention?

I kind of have the perception that developer/management are not supposed to be against the owner but for the owner in commercial properties and thus do not need local authorities/M. of Housing to protect the owner. But I might be wrong. Perhaps somebody would care to advise us on this?

Lets put it this way.

The housing development is governed by the Housing Development Act.

Why SOHO exist.

Reason is simple. Take for example a residential and commercial titled development.

Residential title - Build whatever house on it be it landed or condo, the developer is obligated to go through the HDA and application of APDL.

Commercial title - Build whatever commercial components on it, and the developer do not need to apply for Developers License and Advertising Permit and the avoidance of HDA. But, some service apartments are built on a commercial platform, thus in this condition, the developer has to comply to HDA (for service apartments only) and application of APDL.

However, SOHO concept or Business Suite concept is different. In other words, it is meant to be a service apartment, but marketed as an office unit which does not require the intervention of HDA and APDL; and that ease off the Developer a whole lot of headaches with HDA. Thus, came this concept.

The developer basically market it as office suites / SOHO, and when signing SPA, the Developer will want you to to sign a separate Renovation Letter. Why? Because Developer will undertake the renovation to complete it as a renovated residential unit.

So, its your call now, whether you want to treat it as office or home or both.

You want to know more about office space. Do view our website at www.cre8.com.my or you can call me at 010 320 7527 for more info about having your very own office.

If one checks the deed of mutual covenant between a SOHO and a luxury condo, actually,
the concept is more inclined to mix an office suite more than a home.

This is a high end office suite concept with the comfort of living.

However, not sure about the rate of charges and the type of charges involved.

Maybe some purchasers can write in and share something on the type of charges imposed.

SOHO office suite is the trend nowadays. Even though it is office and residence mix together but it is build on a commercial land therefore, all rates or charges will be Based on commercial rather than residential.

Hmmm. How about the Futuristic stuff? I think it's the kind of trend nowadays.

It could be a type of property that you could rent out but not as a residential property but for office use and rental only.