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Hi,

I'm planning to invest in an office as my first commercial property. Firstly, 1) where would be the transaction record of commercial property as I can only find residential transaction records @ URA website.
2) For about $280k- $380k, are these offices too small or not attractive in terms of location to attract rental? How can I check tenant uptake rates?
3) Is it possible to buy a property at the same time, ensure tenancy for the next 2 years?

Thanks!
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7 Answers

Hello YS,

The queries that you have a similar to the ones that I had when I first started out in commercial real estate.

The reasons why you are facing difficulties is that the commercial real estate environment is vastly different from that of residential real estate.

As you have rightly pointed out, URA is the place to go to check up on residential transacted prices, however, there is no equivalent in the commercial real estate sector.

Typically, commercial real estate rental yields rise against the property's age. Meaning brand new property spaces cost more in relation to their rental yields.

Having said that, with the budget that you've proposed, there are limited choices for office spaces in the central areas.

For office spaces, the peak demand is for a SME size business, in the region of 1000 - 1500sqft. With the proposed budget, it would be hard to find something in that size.

As to whether properties can be acquired with tenancy, it really depends on your working agent as it really is his/her job to secure the lease tenancy for you!

Hope that sheds some light on your queries..

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  • YL
    Hi Mervin,

    Thanks. You have answered some of my concerns. =)

    YS
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(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT :)

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

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----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: (65) 9856 9255 

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** Connect Singapore Line: (65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in 2025 , call , whatsapp me FOR BEST CHEAPEST, LOWEST PRICE: Read More
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