COMPARE
Residential Private Property
vs. Commercial (retail / office)
​
#1
Residential Private Property
Additional buyer stamp duty applies.
Commercial (retail / office)
No additional buyer stamp duty.
#2
Residential Private Property
75% loan.
Commercial (retail / office)
80-90% loan.
#3
Residential Private Property
Higher stamp duty of 6% if property values exceeds $1,500,000.
Commercial (retail / office)
Stamp duty of 5% if property value exceeds $1,500,000.
#4
Residential Private Property
Easier to be rented out as there are more humans than businesses.
Commercial (retail / office)
Harder to be rented out.
#5
Residential Private Property
Tenants may expect furnishing.
Commercial (retail / office)
Usually rented out and returned in bare condition.
#6
Residential Private Property
Tenants may request for landlord to solve household issues. Example: Air conditioner is spoilt.
Commercial (retail / office)
Commercial tenant solves their own issues without getting landlord involved.
#7
Residential Private Property
The owner does not own a HDB flat, not allowed to buy HDB flat unless property is sold.
Commercial (retail / office)
Allowed to buy HDB if the owner has one commercial property. For owners who owned two
or more commercial properties, they will not be eligible to buy a HDB flat.
#8
Residential Private Property
Can use CPF to pay.
Commercial (retail / office)
Cannot use CPF to pay.
#9
Residential Private Property
No GST.
Commercial (retail / office)
Have to pay GST.
#10
Residential Private Property
Minimum 3 months lease.
Commercial (retail / office)
No minimum lease but business tenants usually want a long lease to recover renovations costs and build branding.