Thursday, January 11, 2007

Buying out Singapore apartments

A friend of mine, an investment banker, has just bought an apartment in Singapore for USD3.5 million. My other friend, a broker, bought USD5 million property there last year, but his lawyer managed to took away the money, so he failed.

I know these guys make a lot of money out of the deals. Still, I want to know how. "It's simple, honey! I work for a foreign bank as advisor for a buyer in a deal, but I also build relationship with the buyers. There I could get lot more," one of them said.



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