With the host of cooling measures rolled out in the residential market by the Singapore’s government to avert a property price bubble, investors are gleaning more investment potential in commercial properties. This segment of properties is exempted from Additional Buyer’s Stamp Duty (ABSD), Seller’s Stamp Duty (SSD) and restrictions on foreigners’ ownership – all of which affect the residential market.
In United States the House passed The Fair Housing Act in 1968. The sole objective of The Fair Housing Act is to protect the home buyer’s and the renter’s rights from any discrimination by the seller or landlord. It also prohibits any sort of discrimination from the municipalities, mortgage lenders, banks or insurance companies whose discriminatory practices in any way inhibits a person’s right to housing facilities.
The value of a commercial property for sale is determined by using some simple formulas that are based upon the amount of net operating income that the property produces each year. So when you are looking at a commercial property for sale, one of the first things that you’ll want to ask the broker for is the profit and loss statement.