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Asked by tsh 27 Oct 2011

Hi, I am interested in commercial property, but I am worried about the difficulty of finding tenants. How do I find out if a building has high vacancy rate, or has good prospects for tenancy?

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Chan Ye-Pan (YP) · Answer 1 · 2011-10-27T21:43:13+08:00

Chan Ye-Pan (YP)

Replied 27 Oct 2011

Hi tsh,
You may want to consider buy commercial property with existing tenancy in place. This usually comes with 2+2yr lease term or may even be 3+3yr.
Spend time to search and buy into property with blue chip tenant. They will be timely paymaster too. There is a whole world of difference between a tenant from commercial to residential property.
You may have made a wise choice in considering the benefits in commercial property investment. It is fun and not a chore.
YP,IPA(65)93660165
ypchan@ipa.com.sg Read More

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