HDB professional Houses, which are a vital part of Singapore's city landscape, generally encompass stores, workplaces, and taking in homes Situated inside or close to HDB estates. These properties are designed to provide critical merchandise and expert services to inhabitants and therefore are found in various destinations over the island, from mature towns like Toa Payoh and Ang Mo Kio to more recent estates for instance Punggol and Tampines. These business units can be obtained both via HDB's tender and auction procedures or by means of the open website marketplace from existing entrepreneurs. HDB generally gives these properties for hire or sale on a protracted lease basis, with the tender system for renting frequently involving an e-bidding procedure on their own "HDB Place2Lease" portal. On the market, properties are offered from equally HDB and private entrepreneurs, typically marketed by housing agents. The buying system for these units differs from household Houses as they are not issue to Added Buyer's Stamp Responsibility (ABSD), even though they are still issue to house tax and Buyer's Stamp Obligation.