ASK THE AGENTS: Tips for commercial investment
Thinking about investing in commercial property? Here are tips on investing in District 7 and 8.
 Name: Myron Lin Designation: Associate Team Director Agency: PropNex Realty Pte Ltd Link: bit.ly/Myron_lin Investors looking at diversifying their investment portfolio canconsider retail commercial properties, like City Gate. This mixed-use development is located in District 7,with a range of amenities under one roof, and close proximity toMRT station, provides investor good rental yieldand capital appreciation.As retail commercial properties are not covered byMAS Loan to Value (LTV) limit, investors withmultiple properties will not be restricted by LTV,if his/her income passes the banks loan assessment criteria." |  |
Name: Ken Chan Designation: Sales Manager Agency: PropNex Realty Pte Ltd Link: bit.ly/ken_chan
"Other than the historical and aesthetic value,
many of the District 8 shophouses are freehold landedcommercial properties that are limited in supply.These unique factors kept the property price stable,with potential upside. Investors who are interested inthese shophouse have to take note of the current useand allowable use of the property,area zoned for business as payment of GST / additional stampduties may be needed for part of the shop housefor residential-use, etc."
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