Let me share a common mistake made by many. Don’t assume the shophouse is on full commercial zoning the next time you view one with an office or other businesses on the uppers floors.
Buyers usually assume since they see an office and not someone’s home they feel that the shophouse is zone as full commercial with no residential component in it.
This mistake is costly as buyers of such properties with residential component are subjected to ABSD and SSD.
There is a proper way to verify the correct zoning and approved business type information with minimal cost.
What you see may not be what you get, avoid the costly mistake, speak to us for details.
The post Commercial Shophouse with Residential Zoning appeared first on ShophouseTrader.
