Me & My Property

Investing in property with shared resources

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

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 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 where he spends the most time with his family. PHOTO: MATTHIAS CHONG
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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. Subscribe