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Hello Experts,

I recently converted my citizenship to Singapore. I brought a private condo here 3 years back. Would like to check whether I am eligible to buy resale shop/ shop-house for investment purpose from HDB, since it is considered commercial.
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5 Answers

Robbie Chen Chee Howe
Hi Dr Vivek,

Congratulations for attaining your Citizenship!

If you're looking to invest in a HDB shophouse, it is possible. However, do take note that for such shophouses, usually there will also be a residential unit attached to it, on the upper floor of the shophouse. As such, ABSD is payable for the residential component of the property.

I am experienced and well-versed in both residential and commercial transactions. I will be able to assist you in your property investment plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi Dr Vivek,

You can do so, however, if there is any residential component that comes with the property, you will be required to pay ABSD.

I do have a pure commercial shop space (FH) for sale at Balestier with potential for collective sale in future, will you be keen to explore?

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Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

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Geryl LIM
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Hi Dr Vivek, you can purchase HDB shops however do note they are usually attached with a residential unit which you have to incur ABSD. Do contact me at 97970200  to discuss more on your options

Mark, your RIGHT choice
Propnex Read More
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Good afternoon Dr Vivek and Congratulations on attaining your Citizenship!

Yes you can purchase a Shophouse from HDB but do note that ABSD will be payable if there is a Residential component to the shophouse.

As I do not have your contact details, kindly contact me directly by email at bhavina7777@gmail.com or call/text/whatsapp me at 91708295  , as we are not notified when you reply here. I look forward to hearing from you and assisting.

Bhavina Kaur
M: +65 91708295 
E: bhavina7777@gmail.com
W: investbuysellrent.com
F: facebook.com/investbuysellrent
Whatsapp: https://wa.me/6591708295 Read More
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Hi Dr Vivek,

Congrats on your new citizenship.
I believe my colleagues have addressed your question.
However, do allow me to share more about your concerns and offer some investment insights to aid your purchase.
Do contact me at 96659926  for us discuss further on your requirements comprehensively to understand the crux of your requirements and investment objectives, to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase after understanding your finances to explore the possible options accordingly at no obligation. I do not limit my scope to buying selling or renting but I manage my investor clients portfolio and seek to enhance them as well , hence I have a knick for investment ideal projects and will be able to illustrate further through calculations and transaction caveats should you get in touch with me.

Visit my website for my recent accolades, awards and testimonials@ www.kumarrai.com.

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7/8

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2018
ERA Multi-Million Dollar Club Award
ERA Asia-Pacific Business Conference Elite Award

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