How about Philippines? More and more people buying into central Makati. Have heard agents pitching $125k 1 bed can get $800-1k rental/month. Yield seems pretty good if true, plus capital potential.
How about Philippines? More and more people buying into central Makati. Have heard agents pitching $125k 1 bed can get $800-1k rental/month. Yield seems pretty good if true, plus capital potential.
Anybody here familiar with commercial office space?
a) Whats the financing arrangement like? TDSR apply?
b) Do you need to engage specialized agent to find tenant for commercial offices?
c) What is the idea office space size for suburban offices?
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Double post
a) Whats the financing arrangement like? TDSR apply?
Yes TDSR apply. GST as well for individual. If u buy under company, u can claim back the GST. 80% LTV for own use and 70% LTV for investment.
b) Do you need to engage specialized agent to find tenant for commercial offices?
Similar to residential, every agent has their niche market. It depends on location and type as well, retail or office etc?
c) What is the idea office space size for suburban offices?[/QUOTE]
Again, it depends on type, industrial office, commercial office etc. office cannot be too mm like condo or else very difficult to find tenant.