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Anonymous

28 Oct 2021

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Property

Is it a good idea to buy a commercial property for investment now?

E.g. HDB shophouse, overall quantum seems more reasonable than CBD heritage shophouses which are out of reach

Discussion (2)

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Redbrick Mortgage Advisory

03 Nov 2021

Maestro at Redbrick Mortgage Advisory

Hi there,

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Yes, I believe that you will still able to find value buys in the market right now.

To determine whether if the shophouse is suitable, it depends on what your investment objectives are. Is it capital appreciation, wealth preservation or rental yield?

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Here's a link to a recent article that I had covered on commercial properties: https://www.redbrick.sg/blog/what-you-need-to-k...

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Cheers,

Jo'An Tan

You'll have to do your own analysis on whether current asset values are woth jumping into. If you do decide to purchase a commercial property, do some background reading so you know what you're getting into: https://www.providecover.com/best-guide-for-buy...

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Also, remember to get commercial property coverage to cover your property against fire, explosions, & other major risks so your money doesn't go up in smoke.

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