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Dear buyer,

Individual can purchase commercial properties. Do take note that there is no ABSD involved in the purchase of commercial properties, however, in most cases, 7% GST applies for the purchase. Loan repayment is strictly by cash only and for industrial properties, seller's stamp duty applies if you dispose the property within 3 years from your purchase.

Do you have anything in mind for now? Perhaps we should discuss more in details before jumping onto the bandwagon.

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Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Hi,

Individuals can buy commercial or industrial properties under their names, or set up a company and buy under its name.

As of current ruling, Buyer Stamp Duty (BSD) applies, but there is no Additional Buyer Stamp Duty (ABSD).

Seller Stamp Duty (SSD) applies only to industrial properties, and it's 3 years instead to 4 years for Residential.

Take note that there may be GST of 7% payable for certain commercial/industrial properties. However, this can be claimed back from IRAS if purchase is under company.

Should you need further assistance, please contact me at my mobile 9748 6305  . I will be happy to assist.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Dear Buyer,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

There are commercial properties not inclusive of GST- on the condition that the seller buy the property under personal name.

For HDB shop with residential unit on top, ABSD is applicable that all.

Have various types of commercial for sales on my hands now.

I am contactable at 92222389  or onassis@sgagent.com / sgrealtor.com
In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | Today’s SG Professional l SGAgent.com & SGRealtor.com

EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

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Singapore Line : (+65) 92222389 
Malaysia Line: (+60) 111-0788889
Email: onassis@sgagent.com / sgrealtor.com
Skype: incomecare

" Engage 1 & Get More than 800 Agents from the #1 TEAM in ERA to Serve You!” Read More

Individual of qualifying age CAN purchase commercial properties.

Not every residential property regulations are applicable to commercial properties.

Do contact me for more info and detail.

regards
Steven Wang
Edmund Tie and Co

khim.wang28@gmail.com
 9169 5023  Read More

Hi,
Yes, individual can purchase commercial/industrial property. General rule applied but the good thing is No ABSD.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Hi Sir/Madam,

Yes, I have been assisting buyer to purchase commercial properties

Buyer Stamp Duty (BSD) applies, but there is no Additional Buyer Stamp Duty (ABSD).
However, 7% GST might be applicable on commercial purchase

Please contact me at (65) 96608508  or Silviayang8@gmail.com so I can assist you.
Thank you.

Warmest regards,

Silvia Yang Read More