Me & My Money: Nets group CEO homes in on real estate for its long-term value
SINGAPORE – Finance industry executive Lawrence Chan could probably write a book about the long-term value of bricks and mortar as an investment, but two phrases sum it up – capital gains and recurring rental income.
As Mr Chan, 52, notes: “Land is scarce in Singapore and historical data has proven that real estate appreciates in value in the long term.”
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