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Hi, I am considering buying a commercial property for investment. (preference is retail). My annual income is 73K + 12K of rental income. I am servicing my housing installment of $1500 a month (no other loans). I have 100K cash on hand for investment. As I am a newbie in commercial property. I would like advice in these areas: 1) What is my budget, as in the loan I can get? 2) Is my budget sufficient to get something small? 3) What are the taxes, duty, etc that I must pay when buying commercial property? 4) What are the regulations involving 2nd property? Thank you.
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3 Answers

James Lim Yuan Sheng
Dear Sir, TDSR and stamp duties still applies. However, ABSD does not apply It is hard for me to answer you. Perhaps you can call me at 91385008  for me to give you better advice? Read More
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Hi Newbie, In terms of financing and loan eligibility, it is the best to speak to a banker for better clarifications. Judging by the amount of cash you have on hand for utilisation in the investment, you are unlikely to secure any attractive investment units less small office space, where the supply currently is quite strong which erodes the returns from rental. Have you considered looking into the international projects where economies are emerging fast and has low entry quantum with fixed rental guarantee? Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE 21st May?? Watch out this space for more landed homes deals!! More than 50% units sold @ Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location. Studio units are almost sold out!! https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Call us to find out MORE! Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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