Monday, December 14, 2009

Banker with an interest in real estate

Property makes up a substantial portion of Mr Sumit Aggarwal's investments. His confidence in it was bolstered by a series of good experiences from his real estate investments in India, London and Singapore.

The 40-year-old is head of transaction banking at Standard Chartered Bank Singapore.

He does not speculate in properties but picks them up using a methodical approach.

'I believe in investing only in asset classes I understand. I go into properties with a medium-term view based on location, saleability, rental appeal and the ability to service mortgage up to six months vacancy,' he said.

'I tend to research the property properly and it takes me about three months to decide before I am ready to buy.'

To read more, please, visit Asia One

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