I think that's a very good option, as you wouldn't need to incur any ABSD for the second property.
For commercial property, I'd suggest you buying a HDB shophouse, as the rental yield potential is there, and vacancy rate is low.
If you'd like, I can introduce you to some good buys, or even show you the unit that I have on hand, with existing tenancy.
Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602 Read More
Thank you Mr Teck Chuan for your reply. I will get in touch with you shortly.
Like Teck Chuan mentioned, you need not pay ABSD for commercial properties, even if you already own a residential property.
There are many options for you.
2 main categories :
Private and HDB commercial units.
Do get in touch with me and I can share with you in detail the various options opened to you.
DTZ Property Network Pte Ltd
+65 9169 5023 Read More
Thanks Steven for your suggestions.
Propnex Read More
Thanks for your tips Rix.
Do contact me @ 97970200 to discuss on your options.
Mark, your RIGHT choice
Shenton Realty Homes Read More
Kindly contact me and we can discuss further on Commercial Real Estate Investment.
Senior Marketing Manager
M: +65 91708295
W: investbuysellrent.com Read More
93299559 Read More