FAQ (Frequently Asked Questions)
1. What trade or usage is allowed under Business 2 (B2) zone?
Depending on the nature of their activities, clean and light industries are allowed in Business 1 (B1) zone. General and special industries are to be located in Business 2 (B2) zone.
​
The National Environment Agency (NEA) would require a 100m nuisance buffer from a B2 zone to the surrounding area. The allowable types of industry or use within industrial developments in B2 zone, based on NEA’s nuisance buffer requirements. Click here for more information.
​
Examples of allowable uses on B2 sites under the predominant and ancillary (or supporting) use categories are shown below. Uses not indicated below shall be evaluated on the merits of the case. Click here for more information.
2. Who can buy a industrial/commercial property?
Unlike Residential Property, there are no restrictions as to who can buy Commercial Property. Singaporeans, Permanent Residents (PRs) and Foreigners are all allowed to purchase commercial property.
​
Foreign companies who are registered outside of Singapore are also allowed to buy commercial property in Singapore.
​
3. How much loan that I can borrow when purchasing an industrial property?
​
Commercial property loan is a loan that finances the purchase of a commercial property (also referred to as business property loans). Commercial property loans are subject to factors that the bank might consider in order to determine the loan amount to extend to you, including the anticipated use of the property, anticipated returns, type of property, perceived risk and market conditions.
You may let commercial bankers to assist on your loan check first to assess your financial ability and cash outlay needed before making the purchase decision. Let us know if you need bankers to help on the loan check.
​
​
4. Can I use CPF to finance my purchase of industrial property?
Unlike Residential property where you are able to use your CPF funds for down-payment and mortgage, you are not allowed to use these funds to purchase commercial property.
5. Is purchasing of industrial property subject to Additional Buyer Stamp Duty (ABSD)?
Even if you already own a residential property, you don’t have to pay ABSD for commercial property. Given that the ABSD can range from 17% to 35% for residential property, this is a huge advantage for those who are interested in investing in property, yet do not want to pay additional for ABSD.
​
​
5. Is Worker Dormitory allowed in the premises?
​
Factory Converted Dormitories (FCD) is subject to relevant authority approval. Click here for more information. Buyer may engage consultant to check on related dormitory advices and applications.
​
Let us know if you have any other questions.