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I would like to invest in a commercial property to generate passive income. I would need more info like loan limit as an individual or a holding company, agent commission, GST, etc. Thanks
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7 Answers

Hi Brendon,

For commercial properties, banks would offer up to 70% loan to valuation.

If the seller is a GST Registered trader, a 7% GST is applicable upon the sale of the commercial property.

There will also be stamp duty payable (approximately 3%) by buyer.

As for agent's commission, your agent will likely be getting his commission from the seller's agent unless you have specifically signed to pay him an agreed fee.

Best Regards
Steven Chua
ERA Read More
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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.

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

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