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. PHOTO: ST
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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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