What is property and property classification?

The word "property" was translated from English property or estate, and was introduced into coastal areas and inland areas from Hong Kong, meaning property, assets, real estate, real estate, industry and so on. According to different functions, properties can be divided into the following four categories: residential properties, commercial properties, industrial properties and other properties.

Residential property refers to buildings with residential functions for people to live in, including residential quarters, single residential buildings, apartments, villas, resorts and so on. Of course, including supporting facilities, equipment and public venues.

Commercial properties, sometimes called investment properties, refer to those properties that can obtain sustained growth returns or sustained appreciation through operation, which can be roughly divided into commercial service properties and office properties. Commercial service property refers to all kinds of construction land for commercial and service industries, including shopping malls, department stores, supermarkets, specialty stores, chain stores, hotels, hotels, warehouses, leisure and entertainment places, etc. Office property is a place where managers (white-collar workers) engaged in production, operation, consulting and service industries work, and belongs to the category of production and operation materials.

Industrial property rights refer to houses that provide space for human production activities, including light and heavy industrial workshops, high-tech industrial buildings developed in recent years, and related R&D houses and warehouses.

Property other than the above-mentioned types of property is called other property, sometimes called special property. This kind of property includes racetracks, golf courses, gas stations, airports, stations, docks, highways, bridges, tunnels and other properties. The content of special property management usually needs the permission of the government. There are few market transactions of special properties, and the investment in such properties is mostly long-term investment. Investors rely on the income from daily business activities to recover their investment and earn investment income. The assignment period of the land use right of this kind of real estate is 50 years at the longest.

(The above answers were published on 20 15-03- 13. Please refer to the actual situation for the current purchase policy. )

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