Me & My Property

Investing in property with shared resources

ERA’s executive group division director Zac Huang, 35, with his wife Elizabeth Lin, 35, a senior marketing director in his team, and their children Daphne, one; Denise, eight; and Duncan, four. His family is his “greatest investment”, says Mr H
ERA’s executive group division director Zac Huang, 35, with his wife Elizabeth Lin, 35, a senior marketing director in his team, and their children Daphne, one; Denise, eight; and Duncan, four. His family is his “greatest investment”, says Mr Huang.PHOTO: MATTHIAS CHONG
Mr Huang in the living room (above) of his 1,400 sq ft, three-bedroom unit at Tropical Spring, which is minutes away from Simei MRT station and Eastpoint shopping mall. He bought it in 2016 for $1.1 million. He likes the living room best as it’s wh
Mr Huang in the living room (above) of his 1,400 sq ft, three-bedroom unit at Tropical Spring, which is minutes away from Simei MRT station and Eastpoint shopping mall. He bought it in 2016 for $1.1 million. He likes the living room best as it’s where he spends the most time with his family.PHOTO: MATTHIAS CHONG
Mr Huang in the living room of his 1,400 sq ft, three-bedroom unit at Tropical Spring (above), which is minutes away from Simei MRT station and Eastpoint shopping mall. He bought it in 2016 for $1.1 million. He likes the living room best as it’s wh
Mr Huang in the living room of his 1,400 sq ft, three-bedroom unit at Tropical Spring (above), which is minutes away from Simei MRT station and Eastpoint shopping mall. He bought it in 2016 for $1.1 million. He likes the living room best as it’s where he spends the most time with his family.PHOTO: MATTHIAS CHONG

Pooled investments with trusted partners can mean benefits such as reduced risk

Property industry executive Zac Huang finds it useful to invest with a group of friends when he wants to venture into the real estate sector.

He says you don't need to be cash-rich to buy property when you invest with others because you are pooling sums of money from trusted parties into a large fund for property investment.

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A version of this article appeared in the print edition of The Sunday Times on December 02, 2018, with the headline 'Investing in property with shared resources'. Print Edition | Subscribe