This question is just like
which girl should I pick for my future wife.

Nobody know except you.

Unless of course, if pre-arranged by your parents

ihatework,
Maybe I suggest you go through all the REITs in Malaysia by reading their business & history. (Do some homework)
Then pick one to your liking.

You may also pick the one with highest yield today, however, as usual it doesnt guarantee that it will be top yielding next month. Happy REITING..

This post has been edited by whizzer: Oct 6 2010, 03:29 PM

Sometimes, I wish someone can pick a girl as my future wife so that I will not be in dilemma in choosing

Never mind I choose her from you to become mine.

Only if she's Rich, pretty and nice. Else i guess you'll just wish him luck.

JinXXX,

Your reply is very misleading. REIT doesn't mean it's right. And a person who wants to invest in REITs only have one goal in mind, which is for its dividends. One has to understand the portfolio of properties held by the REITs and have a little common sense in choosing the properties with greater growth. Do not choose for example, plantation REITs because the future of plantation is uncertain. Choose one with portfolio of properties with certain future.

yeah what i ment was for the dividend boss...

well obviously if somebody wants to buy reit they should do at least "SOME" research right...

if no, then i can only /facepalm/ and ahhhhhh......

JinXXX,

You're talking about some common sense, but most newbies starting out has no common sense as illustrated by his question "my question is: how do I pick which REIT is right for me?". They want to be given a fish, not being taught how to fish. You get me?

Same case there for the guy waiting for the future wife to appear

well guess common sense is very lacking these days.. everybody wants skim cepat kaya..

but nobody wants to "work" a little for it.. eg researching.. comparing.... reading forums.. seeing other ppl's opinions and etc...

guess ppl who uses common sense and actually do such research are a rare and rarer gem ....

okie.. moving next in REIT is...

any new interesting reit gonna be listed ?

Midvalley reit (or IGB reit), which previously being proposed, but until now become no news.

If this month budget announces abolish of witholding tax, I can assure many reit will be queueing to list.
But my personal view, very unlikely.

Can hope for reduction instead of total abolish ?

aqar reit bought australia property , I think.
is that good for reit world?

This post has been edited by mmusang: Oct 8 2010, 10:15 PM

why is this so?
I mean, why abolishing will induce other players to list?

This post has been edited by simplesmile: Oct 8 2010, 11:48 PM

This has been explaining before mainly because of tax incentive.

Z Company has a freehold office building for its own use.
In Z company P&L, the office building itself is not an expenses, company only can claim through capital allowance which reduce the tax.

Now Z company sell the building to Z reit and Z company rent the office from Z reit. So nothing change in Z company operation and office.
But now rental is part of expenses of Z company, which is tax deductible.
While Z reit giving out the profit made with tax free. (if witholding tax being abolished)

This post has been edited by cherroy: Oct 9 2010, 11:02 AM

Do REITs pay some kind of tax like how the companies pay 25% corporate tax?

If not, why would the Government want to do this?
On one hand giving tax deductions, and on the other hand allow tax exempt income?
If like this, what is stopping individual property investors from forming their own mini-reits? Then all the rental income will be tax exempt.

Hmmm, what's the requirement to become a reit? I've read alot about setting up investment holding companies to hold properties, but I've never read one whereby people set up reit to hold their properties.

No, as long as reit is paying 90% of their profit, only witholding tax applied.

To promote reit industry, aka develop capital market. Gov may lose a bit in the direct tax issue, but if reit market flourish, it gives incentive to the properties market to grow eventually the economy, which indirectly can bring in more revenue to gov. Just like Free trade zone concept.
Just like stock market.

Reit is a public trust fund to start with, it cannot be a private entity.

Is CapitaMalls Malaysia trust good?sure the expected yield of 6+% isnt the highest when you compare with others but looking at their properties Sungei Wang, Gurney Plaza it looks good. need to go thru broker/online share trading to buy REIT right? I saw some comments from some LYNers saying HL e-broking is good, do we have to open a saving account with Hong Leong Bank or it can be linked to other bank say Public Bank?
Sorry too many questions

Broking firm and banks are both independant entity, HL-ebroking is HL-ebroking, HL bank is HL bank. They are not related, although one might be the subsidiary company of the bank.

Reit is traded as ordinary shares, so you need to go for broking firm to buy/sell.

Just wondering, will a property bubble burst affect REITs? If yes, how so?