As mentioned by fellow brothers in the thread, the term Commercial Property stretches across multiple area. However In my opinion, just don’t touch property in Singapore.
A lot of buyers are expecting that once they purchase, they can rent out and collect rent to cover the cost overtime and it becomes passive income.
In a perfect world yes that would be the ideal situation, but we are far from that utopia.
I take for example an ordinary BTO at Tengah. People say “BTO, stay a few years then rent out, move to condo and use rent to pay finish loan”
Ask yourself, who wants to rent an apartment in Tengah? Even if there are people who want to rent it, how much premium can you command? In that block, in the entire estate itself how many people are also trying to rent it out?
I also notice that slowly there is a shift towards foreigners renting 1 room in the entire apartment. Will you accept that; a fraction of the rent you hoped for? Because there’s always another neighbour that would do it once desperation hits.
So that’s just the residential portion, I don’t think this pattern strays very far off other commercial property in Singapore.
But hey don’t take it from me, take a trip out walk along shophouses like katong, joo Chiat etc. Ask the current tenants how Long they have been here, how is business and how many options they had prior to this