PDA

View Full Version : Anyone know what is the regulation for purchasing Commercial Property?



esurprise
06-10-09, 14:53
Hi All

I am exploring on purchasing commercial ppty, anyone have any idea on the regulation,restriction etc....?


Tks for ur advice.

mcmlxxvi
06-10-09, 14:57
Can't use CPF. Bank loan typically up to 60-70% of valuation.

esurprise
06-10-09, 17:19
Can't use CPF. Bank loan typically up to 60-70% of valuation.


So u mean that the lease for the shop space is the same as the prevailing project? for example, Lenox is 99yrs and the shop is also 99yrs?

durian
06-10-09, 22:52
Talk to someone experienced in retail businesses etc. and you will know it is not as simple as residential property and expert knowledge in this domain is important. It can be very profitable if you understand the science and art of investing in retail biz as the risk vs reward is definitely better that residential property.



Hi All

I am exploring on purchasing commercial ppty, anyone have any idea on the regulation,restriction etc....?


Tks for ur advice.