3 Answers

Joseph Goh
Dear Mr Chen, Commercial properties can include (a) Shop Space Strata unit (2) ShopHouses e.g Conservation/HDB etc (3) Offices etc. If you buy Shophouse with Residential component (Even if you apply change of use from Residential to Commerical uses), you will be liable for ABSD and also SSD if you sell within the stipulated duration. ABSD and SSD will be imposed on the "Residential Component" of commercial property such as Shophouses.. Will be glad to assist you in your property needs and requirements. You can reach me at Mobile: 91007263 and Email: josephgohlenghai@gmail.com Senior Team Director ERA Realty Network Pte Ltd
Geryl Lim
Hi Mr Chen, ABSD is not applicable to commercial and industrial properties. For industrial properties however, SSD will be applicable should you sell within a period of 3 years. You will also need to take note that TDSR considerations is also applicable to commercial and industrial properties purchase. Joseph has also indicated that if there is residential quarters within the commercial property itself, ABSD is applicable on that residential component. Are you looking for real estate investments? Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565/+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event. If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location on the River Thames in central London. Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects? We have MORE opportunities for you. From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment. Call us to find out MORE!
Michelle Tan
Hi Mr. Chen, you need not pay for ABSD for commercial or industrial property. In order to assist you in your purchase, it would be great if you can provide me more details. I can be contacted at 91391247 for a non-obligatory discussion. Cheers, Michelle