A commercial property, as opposed to a residential property, is a building that is primarily used for business or work. It is used to generate profit for the property owner, either through rental income or capital gains. Before you decide to invest in a commercial property, there are several factors to be considered especially on the financial perspective.

So, how do you intend to finance the purchase? Whether as an individual or a company, you can apply for a commercial property loan and will still be subjected to Total Debt Servicing Ratio (TDSR).

Banks will determine the TDSR for corporations based on its annual net operating income and debt. If the company’s finances is negative, banks may assess the directors’ annual incomes as part of the TDSR assessment.

Our specialist will advise you on which documents to submit with your application based on the specifics of your situation. Do speak with us for unbiased advice on the best loan to take with the lowest interest rate. Consultation is free and non-obligatory, of course.