No ABSD, No SSD: The Hidden Financial Perks of Shophouse Investments
Investing in Singapore's commercial shophouses offers rare supply, heritage value, tax advantages, foreign ownership eligibility, versatile usage, and collectible status—making them a highly sought-after and valuable asset.
SHOPHOUSES
5/26/20241 min read
1. Extremely Rare, Limited Supply
The scarcity of available commercial shophouses is one of their most compelling features. With no new land releases for shophouses, existing ones are in high demand and short supply. This rarity drives their value up, making them a sound investment.
2. Esteemed Heritage Value
Owning a commercial shophouse means possessing a piece of Singapore's rich history. These properties are not just buildings; they are cultural landmarks that embody the nation's heritage. Investing in a shophouse is akin to preserving and owning a slice of history.
3. Exemption from ABSD & SSD
Local and foreign investors alike can enjoy significant financial advantages, as shophouses are not subject to Additional Buyer's Stamp Duty (ABSD) or Seller's Stamp Duty (SSD). This makes them a more attractive investment compared to other property types.
4. Foreigners Eligible to Purchase
Unlike many other property types in Singapore, foreigners are eligible to purchase commercial shophouses. This opens the door to a broader range of potential buyers and investors, further increasing demand and value.
5. Flexibility in Usage
Shophouses offer unparalleled flexibility in terms of usage. Whether you envision a trendy café, an upscale boutique, or an office space, these properties can be adapted to suit a variety of business needs. This versatility enhances their investment appeal.
6. Collectible Status, Trophy Assets
Commercial shophouses are more than just real estate; they are collectible assets that often appreciate in value over time. Known as trophy assets, they are highly sought after by discerning investors looking for unique and valuable additions to their portfolios.
In summary, investing in commercial shophouses offers a unique blend of rarity, historical value, financial benefits, and flexible usage. Whether you're a local or foreign investor, these properties represent a golden opportunity to own a prestigious, high-demand asset in Singapore's vibrant real estate market.
Why You Should Invest in Commercial Shophouses Now
Ready to Invest? Contact us today for more information and discover how you can benefit from owning a piece of Singapore's prestigious commercial shophouses.
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