I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Friday 26 April 2013

Singapore's CapitaLand Q1 net profit up 41 pct


SINGAPORE, April 26 (Reuters) - Singapore's CapitaLand Ltd reported on Friday a 41 percent rise in first-quarter net profit and said it was cautiously optimistic about the housing market in the city-state despite the latest round of property cooling measures.

The biggest property developer in Southeast Asia posted net profit of S$188.2 million ($151.9 million) for the three months ended March, up from S$133.2 million a year earlier.

CapitaLand said it achieved strong residential sales in Singapore and China. For the quarter, the company sold 544 residential units in Singapore with total sales value of S$1.3 billion.

In China, it sold 955 residential units valued around S$400 million, it said.

CapitaLand said last month it was conducting a strategic review of its 59.3 percent stake in Australand Property Group and had appointed J.P.Morgan as its financial advisor.

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