The types of Commercial Properties in Singapore are listed are below
– Food & Beverage
– Industrial Building
– Hotel
– Retail Mall
– Shop House
– Office
For Investors why buy Commercial Properties in Singapore?
1. Current Singapore Residential Properties are subject to
– Additional Buyer Stamp Duty (ABSD) for
Singaporeans
-> 7% of the Purchase Price on second Property in Singapore
->10% of the Purchase Price on third/subsequent Property in Singapore
Permanent Residences
-> 5% of the Purchase Price on first Property in Singapore
-> 10% of the Purchase Price on second/subsequent Property in Singapore
Foreigners and Companies
-> 15% of the Purchase Price on first/subsequent Property in Singapore
– Seller Stamp Duty
->16% of the Selling Price within the first year of purchase
->12% of the Selling Price within the second year of purchase
->8% the Selling Price within the third year of purchase
->4% the Selling Price within the fourth year of purchase
2. Commercial Properties are not subject to Additional Buyer and Seller Stamp Duty