But how can the REIT own Sungei Wang Plaza? I thought that its lots are completely owned by private individuals. Did the REIT buy many lots from individuals? That would explain the low yield. It must have been expensive to persuade people to let go of their Sungei Wang lots...

Is it? Oh....i don't know that...

CapitaMall owns 61.9% of Sungei Wang Plaza, the remaining are strata-titled units which are owned by individual.

Anyone got their hands on IPO form for Sunway Reit ?? If yes, where can i access to it. But the return is not that attractive from 6%pa though. Think Axis Reit is far out better

There a a bunch of it including the prospectus in Menara Maybank

Even Qcapital is higher.

Hi boss,

What other REITs you can recommend? If possible 8% yield

Ain't just posted in your qouted one..
Not mean to recommend, but Qcapital half year distribution will be coming after this month, around 3.5-3.8 cents is expected.

Axreit also about 8%, but current at Rm2.00 is about fully value.

These are 2 my favourite at the moment.

Capitalreit also look interesting.

How come I cannot find Capitalreit?

Sure you cannot find, because it is not listed yet.

Oo...what is the expected yield out of it?

Almost identical to Sunway reit, around 6.8% also.

Ok. Thanks. Will check this one out once it is listed.

hi cherroy, what do you think of the only heathcare related reit, alaqar, is there still room for growth

May i ask how and when are we charged the 10% withholding tax?
From the dividend distribution?

Upon delivering the dividend to shareholders. The cheque you receive is already tax deducted.

a newbie question here, if the dividen payment date is tomorrow, i buy the counter today, can i still get the dividend? thank you

I don't study much about this counter.

It just own the properties previously under KPJ, then restructure into reit, which in turn those hospital belonged to them, and KPJ rent from them.

To say it is a healthcare reit, somehow not quite right, it just rent their properties which is hospital to KPJ. They have nothing to do with healthcare or directly involve in healthcare.

This is as far as I understand, I could be wrong.

No, you must buy before the publised ex-date, not payment date.

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Sorry, taikor already answered!

This post has been edited by protonw: Jun 18 2010, 02:46 PM

Molotov Cocktail,

I am not an expert valuer, but from my understanding, since Alaqar's properties are specialised buildings (i.e. can be used ONLY for a certain purpose), I believe that its properties will have limited opportunity for appreciation, therefore limiting their income growth.

This is just my opinion, which could be wrong.

This post has been edited by Jordy: Jun 19 2010, 12:14 AM