Me & My Money: Nets group CEO homes in on real estate for its long-term value

Mr Lawrence Chan, a payments services veteran, took over the reins at Nets in June 2020.
Mr Lawrence Chan, a payments services veteran, took over the reins at Nets in June 2020.PHOTO: ST

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."

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month
  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.