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Thursday, December 28, 2006

Advice on Land Banking?

Dear Mr Tan,

I noted that you have diversify your investments and wonder if you have the opportunity to look at "Land Banking" offerings from overseas institutions (registered in Singapore) like Walton International Group ?

My understanding is that the returns will double in five years time.

Can you advise ?

PL

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Dear PL

I tend to be sceptical of these types of schemes. Do you have any positive experience with this product?

Tan Kin Lian

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Mr Tan,

So far, I have started on this investment for about a year and have not realised
any returns as yet. Only assurance is that the title deed for the land purchased registered with the local government.

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