Friday, December 29, 2006

Advice on Land Banking?

Dear Mr Tan,

I noted that you have diversify your investments and wonder if you have the opportunity to look at "Land Banking" offerings from overseas institutions (registered in Singapore) like Walton International Group ?

My understanding is that the returns will double in five years time.

Can you advise ?

PL

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Dear PL

I tend to be sceptical of these types of schemes. Do you have any positive experience with this product?

Tan Kin Lian

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Mr Tan,

So far, I have started on this investment for about a year and have not realised
any returns as yet. Only assurance is that the title deed for the land purchased registered with the local government.
at

2 comments:

  1. Chris TanDecember 30, 2006 2:50 PM

    Hi Mr Tan and PL

    I have realised an almost 100% returns on investment over a 3 year period in landbanking.

    Like anything else, it cannot be generalised. Keep an open mind, do your research, find out about the land, the model for increasing the value, the due diligence about the company and it can give you good reaps.

    More than happy to help you if you want to find out more.

    Chris

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  2. David ChongJune 07, 2007 2:18 AM

    Hi Mr. Tan, PL & Chris,

    If you would like to find out more or have a discussion on land banking, do drop by and visit my blog at http://david-chong.blogspot.com as I blog primarily on land banking.

    Cheers.

    ReplyDelete