Me & My Property: Find out how you can press Home your advantage

Nizam Gafoor prefers landed properties for their capital gains over the long term but he may want to consider prioritising rental yields as he grows older

Mr Nizam Gafoor, 52, with his wife Mumtaz Backer, 45, and their children (from left) Ain, 24, Amin, 21, and Imran, 18. Mr Nizam believes that a huge part of life goes to creating a home to shelter their family, where many magic memories are created.
Mr Nizam Gafoor, 52, with his wife Mumtaz Backer, 45, and their children (from left) Ain, 24, Amin, 21, and Imran, 18. Mr Nizam believes that a huge part of life goes to creating a home to shelter their family, where many magic memories are created.ST PHOTO: GIN TAY
Mr Nizam's corner terrace house, where he will move into next year, after the minimum occupation period of his HDB flat.
Mr Nizam's corner terrace house, where he will move into next year, after the minimum occupation period of his HDB flat. PHOTO: COURTESY OF NIZAM GAFOOR

Property executive Nizam Gafoor started becoming interested in real-estate investing after reading the book Rich Dad, Poor Dad by Robert T. Kiyosaki and attending the American businessman and author's seminar in Singapore more than 15 years ago.

"After that, I decided that I must have more properties than the one I was living in," he says.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Sunday Times on November 24, 2019, with the headline 'Find out how you can press Home your advantage'. Print Edition | Subscribe