There are several factors to consider when choosing between residential and commercial properties:

Purpose

- The primary purpose for which you need the property. Residential properties are for living while commercial ones are for business use like offices, shops, warehouses, etc. So decide if you need the property for your home or for your business.

Investment

- Do you plan to hold the property as an investment? Commercial properties typically have higher rental yields and potential for capital gains. Residential properties usually see more stable returns. So consider which type of investment suits your needs.

Usage restrictions

- Residential properties typically have lesser restrictions on how the space can be used. Commercial properties often have strict zoning laws and usage restrictions based on the designated commercial category. Ensure the property can be used for your intended purpose.

Occupancy

- Do you need the property for your own use or to rent out? Residential spaces have more restrictions on occupancy while commercial spaces have higher vacancy rates. Consider the level of occupancy you need and can achieve in the given market for each property type.

Amenities

- Residential properties usually have more amenities for living like parking, security, storage, appliances, etc. Commercial properties typically offer amenities more suited for businesses. Evaluate what amenities are important for your needs.

Location

- Location impacts value and usage potential of both property types. For residential use, consider proximity to schools, hospitals and transit. For commercial use, consider proximity to amenities that will attract customers, suppliers and employees.

Regulations

- Residential properties need to comply with building codes for living spaces related to plumbing, electrical, fire safety, parking, etc. Commercial properties have additional compliances related to the specific business use like zoning laws. Check what will be required for your intended use.

Finance

- There are differences in how residential and commercial properties are financed. Commercial properties typically require higher down payments and interest rates. Residential rates are more favorable. Consider how you will finance the purchase and how much you can borrow for each property type.

Expenses

- Key expenses also differ with residential properties incurring utility bills and maintenance costs. Commercial properties have higher costs for services related to the business like power backup, fire safety systems, parking facilities, employee facilities, marketing expenses, etc. Estimate and compare costs for each property type.

So evaluate all these factors to determine whether a residential or commercial property will suit your needs and which provides the most advantages based on your priorities and situation. The right choice depends on your specific purpose, investment objectives and financial capacity.