Asked by Mr. manish
Hi, I'm foreigner (EP holder) interested in investing into retail property (preferably mall shop) for the purpose of generating positive cash flows from rental yields. My budget is upto around 600K. I have a few questions:
- Are there any restrictions for EP holders to purchase commercial property? Does stamp duty and ABSD apply similar to residential properties?
- What is the %age of bank loan that one can typically get for commercial properties?
I am also interested in learning about options for my budget that currently available in the market.
Thanks for your advice.
Manish
- Are there any restrictions for EP holders to purchase commercial property? Does stamp duty and ABSD apply similar to residential properties?
- What is the %age of bank loan that one can typically get for commercial properties?
I am also interested in learning about options for my budget that currently available in the market.
Thanks for your advice.
Manish
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