Commercial and residential buildings Land nature cost
Commercial and residential buildings Difference in land nature:
The nature of ordinary residential land is residential land, while commercial and residential land is commercial land.
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Difference in function and purpose:
Ordinary residential buildings are only for living. Both commercial and residential buildings are available.
Cost differentiation
Commercial and residential buildings The residential deed tax is 1.5% of the total price of the house, while the tax rate of commercial and residential buildings is 3%. The interest rate of general commercial housing is about 1% higher. In terms of transaction costs, commercial land will be fully taxed at a higher tax rate, while residential real estate has many tax preferences.