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I am buying a land zoned “Commercial & Residential”. What is the market value attributable to the residential and non-residential component?
For a land zoned “Commercial & Residential”, 60% Gross Floor Area (GFA) of the land is deemed attributable for residential purpose and the remainder for non-residential purpose.
You may get a professional valuer to value the part of the property attributable to residential and non-residential purposes.
Related questions
How does IRAS determine the Annual Value (AV) of my residential property?
I am buying a semi-detached house with land zoned “Residential”. The semi-detached house has been approved as a childcare centre. Is my purchase subject to Buyer's Stamp Duty (BSD) rates for non-residential property?
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I am buying a HDB shop with living quarters. Is my purchase subject to Buyer's Stamp Duty (BSD) rates for non-residential property?
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