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Me & My Property

A varied portfolio, with a long-term eye on property

Engineer Dennis Leong in his two-bedroom apartment in the north of Singapore. He bought it last year for $800,000. He also owns a two-bedroom apartment in central Singapore, and three properties in China. All his four investment properties are fully paid — Engineer Dennis Leong in his two-bedroom apartment in the north of Singapore. He bought it last year for $800,000. He also owns a two-bedroom apartment in central Singapore, and three properties in China. All his four investment properties are fully paid up and rented out at an annual yield of about 6 per cent.ST PHOTO: JEREMY KWAN

Mr Leong at the swimming pool on the estate grounds of his apartment. The estate is near an MRT station and is freehold. — Mr Leong at the swimming pool on the estate grounds of his apartment. The estate is near an MRT station and is freehold.ST PHOTO: JEREMY KWAN

Mr Leong owns a two-bedroom unit in residential development LiJing Water Edge in the south-eastern Chinese city of Fuzhou. — Mr Leong owns a two-bedroom unit in residential development LiJing Water Edge in the south-eastern Chinese city of Fuzhou.PHOTO: DENNIS LEONG

Published

Dec 23, 2018, 5:00 am SGT

With 5 properties - 4 of which are rented out - engineer is always on the lookout for a good buy

Invest Editor/Senior Correspondent

lornatan@sph.com.sg

Putting his investment eggs in a range of baskets is paying off well for engineer and property investor Dennis Leong.

The strategy is delivering him stable returns and setting him up for a sustainable retirement.

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