HDB industrial properties, which might be a significant Element of Singapore's city landscape, primarily consist of outlets, places of work, and eating residences Found in just or near HDB estates. These properties are designed to provide essential goods and services to people and they are present in a variety of areas throughout the island, from mature cities like Toa Payoh and Ang Mo Kio to more recent estates for instance Punggol and Tampines. These business units may be obtained here possibly by way of HDB's tender and auction processes or by way of the open sector from present homeowners. HDB normally provides these properties for hire or sale on a protracted lease basis, Using the tender process for leasing typically involving an e-bidding program on their "HDB Place2Lease" portal. Available for purchase, Houses can be found from each HDB and personal house owners, usually marketed by housing brokers. The purchasing process for these models differs from residential Attributes as they're not topic to Additional Customer's Stamp Obligation (ABSD), though they remain topic to assets tax and Customer's Stamp Duty.