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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?
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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.
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