Networth
Options are open for expats seeking property finance
- Published: 16 Dec 2012 at 00.00
- Newspaper section: Spectrum
When buying property in Asia, expats have limited access to traditional financing options such as mortgages. However, there are viable alternatives to consider, depending on the property.
Responses to last week's article on investment property clearly indicated that property is considered a good asset, whether it is purchased for use as your home or as a pure investment, and regardless of location.
Many readers were also unaware of the options in making diversified investments in property without actually purchasing a dwelling. These options allow those expats who don't want to take on the responsibility of ownership to spread investment allocations across this important and highly profitable asset class. They require direct cash investments on a smaller scale, which can be more affordable.
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