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Article on Guaranteed Rental Returns

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An article written by Chang Kim Loong of the National House Buyers Association. This was published in The Star on 27 May 2012:

http://biz.thestar.com.my/news/story.asp?file=/2012/5/26/business/11340774&sec=business

 

“CALL them what you like leasebacks, buy-to-let, cash back, own-for-free developers have come up with creative plans to woo investors with guaranteed rental returns (GRRs) on yet-to-be-built properties.

Developers would agree to pay buyers rentals ranging from 8% to 12% per annum or a proportion of the purchase price for a certain length of time….”

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