Asked by
I looking for industrial space in Ubi area. Plse advise:

- What other costs besides the purchase price?

- Can I use CPF to pay for my loan?

- How much can I loan up to (if I buy as individual or using company name)?

- Can I sell it after 1 yr without any penalty?

Thanks.
0
1613 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

5 Answers

Hi David, CPF has not been allowed for the purchase of commercial/industrial property since 2006, so you may not use your CPF funds to do so.

If you wish to purchase, you may need to consider the location, as part of your exit strategy (ie can it rent out well, can it sell quickly etc).

$$, you should also be concerned about is GST, if the seller is GST registered, if you are buying a new industrial property, you will very likely have to pay GST, but unless you are GST registered, you may not claim this back when you sell.

If you are to use a company to purchase the property, you may get a lower quantum loan depending on the financial condition of your company, and the financial institution. You may also need to act as a personal guarantor on the loan as well.

For further considerations and discussions please contact me at 82884499  so that I may guide you through the process of purchasing your industrial property investment.

Cheers,
Yian Tay Read More
1
Hello David,

May i request you to call me up on 93380071  and i shall take you thru the complete process and the important points to consider while buying and selling comm property.

Regards,

Radhika Prakash
Ex Banker ( SCB)
Global Realtor and Property Advisor
DTz Debenham Tie Leung
 93380071  Read More
0
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

Welcome owner/Landlord to list through us

Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Shalom

Bless n Warm Regards

Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG

All welcome Read More
0
------------------

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT :)

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
1
------------------

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT :)

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
1

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions