How to go about buying a commercial property in Singapore?

• Pooling- make sure you get a lawyer to draft out a contract.
• commercial property cant use CPF, 3% stamp duty , 7% gst, 20% downpayment
• you and your friends may want to open a company gst registered so can cialm from govt afterward, need to find an accountant help you do. All rental go to company account.
• Specific commercial property got specific use, if the property is approved for office you cant use for F&B. Limit your tenant.
• very troublesome
• why not just you & 1 friend buy 1 condo, use cpf, after 3-4 years sell take profit then you live your life, he live his life. More clean.

It's not uncommon to come together with family and close friends or business associates to purchase a commercial property together. If you trust them, this can be an effective way to purchase an asset that might otherwise be out of your reach. But be careful of the potential risks in such an arrangement, because you can get easily burnt:

• Once you go in, it's not so easy to get out. Liquidating your share of the investment is not a straightforward process. Unless the entire property is sold, someone else would have to buy over your share for you to exit your investment. Depending on how many co-investment partners you have, it can be difficult for everyone to share the same view of whether to hold or sell the property.
• How will rental income be split amongst the owners? Will you appoint one person to collect the fees? Can you trust this person to divide the rental income to all other shareholders? If they abscond with the funds, pursuing legal action will be costly and time-consuming.

Here's a comprehensive guide on buying commercial properties in Singapore.