This time I am freely to give the reader an overview of what you should know about real estate in terms of property types. Some people might get confuse with certain real estate because of not knowing about the property type.

Okay, so basically from my understanding, there are 3 types of property.(Some say 5 types but it depends on their own explaination.) A clear view, easy to understand and remember after you read this post. Hehe..

1) Vacant Land

google images: vacant land

google images: vacant land

>>No house build, no farm or any work on the land except for the soil and maybe grass on surrounding. Some of vacant lands are described as agriculture land and also, certain lands are labelled as special-properties.

2) Residential Properties
>>There are 2 common types of residential properties :
I)Landed properties.

Bungalow House

Bungalow House

Town house

Town house

Duplex house

Duplex house

II)High rise properties

Apartment

Apartment

Condominium

Condominium

3)Commercial Properties
>> It may be empty land zoned for commercial use, or an existing business building. Normally this is used for commercial purpose such as office, shop retail and nowadays building like SOHO,SOFO as well as SOVO are also categorized in commercial types.

SOHO, SOFO, SOVO ??? What are they? Check these out on my next post! 🙂

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  1. […] Property Types | Property Info […]

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