2 Answers

Hi Win,

Basically, commercial properties are not affected by the recent property measures.

Even if you already have an outstanding mortgage loan, you are able to loan up to 80% max for commercial property.

For a $1m shophouse, assuming you are able to obtain 80% loan, cash outlay will be $200k. Furthermore stamp duty for $1m will be $24.6k.

I specializes in commercial properties, esp. shophouses.

Appreciate you can contact me at 96836230  .

Thanks,
Ander ERA Read More
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