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 30 yrs old Msian Investor on SG Business Times, Portfolio worth MYR10m (SGD4m)

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moruh
post Mar 13 2013, 02:57 AM

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hmmm.. great, if buble burst.. soon... most affected firstly is Studio & apartment... he should learn that property investment is just for your retiring age, collect rental... for me, i'm now 32.. i run my own company just to full fill my time and go kacau2 my secretary at the same time i have bought 17 property already (3x condos Kelana Jaya, 1x 2 story link house at PJ, 4x office 1000 sqft at Ara damansara, 3x shoplot, 3x cornerlot 3 storey superlink setia alam)... now i utilize at my property for trading facility, bank guaranty which CIMB offer credit facility rm50 mill (3 time from asset value).... for businessmen, u need more cash or facility to make more money.... i think he should go.. learn me about business opportunity... for me property is just for supplementary asset.
moruh
post Mar 19 2013, 02:57 PM

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QUOTE(Vestor @ Mar 13 2013, 10:54 AM)
Interesting sharing there moruh.
You have accummulated so many property at such a tender age.
Mind to share how did you do it?
Did you buy property under your company's name and leverage on the trade facilities provided by banker?
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I'm didnt plan to be investor in property segmen.. i just buy what i need for future (my kids & my business). My mentor is my parent. Now they just collect a rental after retire. So, i think property investment is just for opportunist person. You have to plan 10-20years a head before purchase property.

 

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