Is using an entity to purchase an HDB shophouse possible?

Yes, it is possible to purchase an HDB shophouse using an entity. Here are the key points to consider:

- HDB shophouses can be purchased by non-individual entities, such as Private Limited Companies.
- The company must be properly set up and registered, with at least one local resident director.
- This method can provide benefits such as limited liability and flexibility in ownership structure.
- However, the entity will still need to comply with all relevant regulations and taxes, including the payment of Buyer’s Stamp Duty (BSD) and potentially Goods and Services Tax (GST) if the seller is a GST-registered company.

Additionally, for HDB shophouses with attached residential quarters, the Additional Buyer’s Stamp Duty (ABSD) will only be payable on the apportioned value of the living quarters, not the commercial portion.