He grew up in a one-room flat in Bendemeer. Today, he runs a real estate agency that deals with Good Class Bungalows

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William Wong is the founder of Realstar Premier Group, a real estate agency that deals only with landed properties - including good class bungalows (GCBs). Established in 2001, the agency reported that it has brokered more than $16 billion worth of landed properties to date.

He grew up in a one-room flat in Bendemeer. Today, he runs a real estate agency that deals with Good Class BungalowsWilliam Wong is the founder of Realstar Premier Group, a real estate agency that deals only with landed properties - including good class bungalows .

The youngest of three siblings, Wong recalled growing up in a one-room Bendemeer flat. There were no bedrooms, so the family had to sleep on mattresses laid out on the floor. Said Wong: "I wanted to prove otherwise. I wanted to show people that what they saw in me was incorrect."Wong divulged that his father's business went bust the year he was born. From owning a fleet of seven school buses, the elder Wong had to go back to driving a school bus to make ends meet.

By Secondary 4, he had become the top student at his Bendemeer neighbourhood school. He continued excelling in his studies, which led him to the National University of Singapore where he studied Computer Science and graduated with second class honours.Wong then worked for a Japanese firm as a systems engineer, drawing a monthly salary of $2,800. He acknowledged that his salary was decent for that era, but he had bigger ambitions.

"I couldn't afford that car, based on how much I was earning," Wong said. "Eventually, I was in deep trouble."Wong was juggling three jobs at that time: he was a systems engineer for his 9-to-5, a lecturer in a diploma course, and a part-time real estate agent with ERA. But he could not go back to his past life as a systems engineer. Wong did the math and realised that even if he drew a salary that was on the higher end of the market rate, it would still be difficult to pay off his debts.By his second year in real estate, something clicked for Wong. He took home $300,000 in commissions that year.When Wong founded Realstar Premier Group, it catered to the mass property market.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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