Property
“I Lost RM 1 Million Investing in KL Real Estate”: 5 Key Lessons From A Singapore Investor Of 26 Years
By Stacked Homes  •  July 15, 2022
We’ve all heard stories of someone who has invested in Malaysian property and got burnt. From horror stories of the estate not having enough funds to pay for a working lift, or to developers running out of money to leave the development half-built, it does seem like investing in Malaysia isn’t for the faint-hearted. Enter Ken (*not his real name for privacy), a real estate investor who has at one point, lost more than a million Malaysian Ringgit in KL properties alone. He has had vast experiences as a real estate investor, with a good 26 years up his sleeve. Already well into his late 50s, he constantly jokes by calling himself semi-retired. His punchline? A true real estate investor will never retire. He was only in his mid-20s when he first bought his first property in Malaysia. At that time he didn’t have much equity to purchase anything over the budget of S$20K (this was back in the 70s)....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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