What are you buying?
Tap to choose. Everything below updates.
The property
Buyer and loan
The bank tests you against the 55% debt limit at a 5% test rate.
Dates
Resale: option to completion
New Launch: booking to keys
Income still needed for the full loan: a month (TDSR), worked out from the IPA. Ask the bank to update the IPA with these funds.
That covers the whole gap.
Pledged money stays in your name but is locked for 4 years. Unpledged funds (often called show funds) stay free to use; the bank counts only 30% of them. This money is on top of your down payment.
Cost to buy
Payment timeline
Rules used in these numbers
Checked 16 Oct 2026. Tap a row to open it.
Stamp duty: BSD yes, ABSD no
Buyer's Stamp Duty on non-residential property, on the price or market value, whichever is higher. Due within 14 days of exercising the option or signing the S&P.
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Next $500,000 | 4% |
| Above $1,500,000 | 5% |
No Additional Buyer's Stamp Duty on shops, offices or industrial property, for individuals or companies, however many homes you own. A shophouse with a home upstairs is different: the home part attracts residential stamp duty and ABSD. That case is not worked out here.
GST on the price
GST of 9% is added when the seller is GST-registered. Developers always charge it, so New Launch prices carry GST. Many individual resale sellers are not registered, so there is none. Banks lend on the price, not the GST, so GST is paid in cash. A GST-registered company using the unit for its business can usually claim it back later.
Bank loan, TDSR and CPF
- MAS loan limits (75% and so on) are for homes. For commercial and industrial property the bank sets the loan, usually up to 80%. Older or shorter leases may get less.
- Individuals: the 55% Total Debt Servicing Ratio applies, tested at 5% a year or the actual rate if higher (MAS, from 30 Sep 2022).
- Buying through your company: no TDSR. The bank looks at your company's accounts and usually asks you, as a director, for a personal guarantee.
- Loan years: up to 30, and usually ending by around age 65 for individuals. For leasehold we also end the loan 5 years before the lease ends. Banks differ, so check.
- CPF cannot be used to buy commercial or industrial property.
Seller's Stamp Duty: industrial only
Industrial property sold within 3 years pays Seller's Stamp Duty: 15% within 1 year, 10% in year 2, 5% in year 3. Shops and offices have none.
How the unit may be used
- B1 and B2 industrial units: at least 60% of the floor area for industrial use, at most 40% for ancillary use such as office (URA). Tenants must be industrial users too.
- JTC property: buying or taking over a JTC lease needs JTC's approval, and you must be an approved industrial user. Subletting to an unrelated business is capped at 30% of the floor area, needs JTC approval, and lasts up to 3 years at a time.
- Shops and offices: the use must match URA's approved use for the unit (for example, F&B needs approval for F&B).
Property tax and rent
- Property tax is 10% of the Annual Value for all non-residential property, whether you use it or rent it out. We estimate Annual Value as 12 months of the rent you entered.
- A GST-registered landlord adds 9% GST to the rent. Rent is taxable income: at personal rates for individuals, 17% corporate tax for companies.