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

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

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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A version of this article appeared in the print edition of The Sunday Times on December 23, 2018, with the headline 'A varied portfolio, with a long-term eye on property'. Print Edition | Subscribe