Asked by Mr. Nelson Chew
I am looking to invest in a B1 industrial property.
As this will be my first time buying an industrial property, can someone advise me on the process of sale? Do i pay 1% along with the offer to purchase and when I exercise the option, another 9%? I understand banks loan up to 80% of the valuation amount, so when is the remaining 10% payable?
Thanks
As this will be my first time buying an industrial property, can someone advise me on the process of sale? Do i pay 1% along with the offer to purchase and when I exercise the option, another 9%? I understand banks loan up to 80% of the valuation amount, so when is the remaining 10% payable?
Thanks
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