See this thread...
http://forum.lowyat.net/topic/2016738/

T+3 thinggy

Wow, CMMT took a huge leap from 1.6 to 1.71 closing!

Copy & Pasted from Fund Management Thread http://forum.lowyat.net/topic/690951/+2690

Hi MGM,
U can buy into Foreign REITs either through:
a. local brokerages with online foreign trading/investment platforms like HLeB (which i use), OSK or ECMLibra which other fellow forumers use.
b. directly open an a/c with a foreign brokerage (go SG simple)

Pay?
IF local brokerage: Pay local - they convert and they pay their counterpart in SG or AU or wherever countries they cover
IF foreign brokerage: Er.. Convert and TT the $ over. Don't lar move $100K per pop

Note - it may be slightly cheaper for (b.) but me being a scaredy cat & big pix person worrying about Estate Planning and Wills, i chose (a.). The difference in cost is negligible to me, compared to the support, ease of moving $ and of course, just in case i kaput suddenly.
Your personal view / valuation may vary

This post has been edited by wongmunkeong: Aug 1 2012, 08:52 PM

Anyone received the new AMFIRST issues?

Still not reflected in my trading account..using MBB

Not yet via Jupiter Securities... probably next week.

Thanks for the info. So no issue with the Bank Negara for TT money out. Like to read your post and funny jokes.

By the way, how do you remit the dividends and sales proceeds back to Malaysia?

Thanks.

Why would i want to? hehhe SGD is now nearly MYR$2.6 to SGD1

Just ask your broker to put back into your a/c.
$ can be moved electronically easily these days wor.

This post has been edited by wongmunkeong: Aug 2 2012, 11:46 AM

Are all the transactions in RM? and are they converted at spot rate? Also can you purchase the SG reits online like in Malaysia? tq for your sharing...

u can opt for holding SGD in trust so no currency risks .....can purchase using local IB but expect to pay more higher brokerage fees ....needed more info browse back few pages back

It depends on your broker.
Mine has multi-currency accounts and i chosed to hold multi-currency.
Thus, when i buy SGX REITs, they deduct from my SGX $ with them. If tak cukup, they convert FX rate and deduct from my MYR $ with them.
All these still t+3.

---

Added on August 2, 2012, 11:44 amBro CWHong,

U must be laughing all the way to the bank now eh? With SGX all time high against nearly all currencies AND its REITs going shockingly fast (cap appreciation) + the slew of (non-taxed) dividends recently.

When U start ASX REITs, can point little ol me to where to get stats like historical ROEs, PEs, DY% and D/E or gearings ar?
Even equitiestracker haven't started their AU data subscription yet

This post has been edited by wongmunkeong: Aug 2 2012, 11:46 AM

really? not really look at the pricing, it's meant for capital appreciations and collect divvy so it's still on the paper only

Can you recommend some brokers or IB to me please; are there any deposits required to open the account; what are the charges like? Also which SG reit counters are worth going in now? tqvm...

Shooking!

Counter Name SIP Code Rmk Last Chg % Vol B Vol Buy Sell S Vol High Low Value Sector
AIMSAMPI Reit O5RU 1.295 - - 42 88 1.290 1.300 87 1.310 1.295 54,575 PROP
▼ Cambridge J91U XD 0.590 -0.005 -0.840 242 257 0.590 0.595 417 0.595 0.590 143,650 PROP
▼ CapitaMall C38U 1.980 -0.005 -0.252 1,276 283 1.975 1.980 122 1.985 1.970 2,522,642 PROP
▲ First REIT AW9U 0.960 +0.005 +0.524 88 112 0.955 0.960 57 0.960 0.960 84,480 PROP
▲ K-REIT K71U 1.125 +0.005 +0.446 115 13 1.120 1.130 95 1.125 1.120 129,250 PROP
▲ LippoMalls D5IU 0.420 +0.005 +1.205 133 720 0.415 0.420 1,475 0.420 0.415 55,370 PROP
Sabana REIT M1GU 1.010 - - 79 312 1.005 1.010 519 1.010 1.005 79,760 PROP
▲ SaizenREIT DZ8U 0.159 +0.001 +0.633 1,274 406 0.159 0.160 336 0.160 0.159 202,876 PROP

IBs?
Try HLeBroking, ECM Libra and OSK.

Recommendations?
Read http://reitdata.com/ + other websites and books on REITs + investing in general.
hunt for more data and make up your own mind.
Sorry ar - i worry about recommending coz i'm not U, with different wants, stress, risk appetite, goals for the investments.

Personally, i'm holding:
a. AIMSAMPI REIT (Singapore Industrial)
b. SABANA REIT (Singapore Industrial)
c. LIPPO MALLS (Indonesia Retail)
d. FIRST REIT (Indonesia hospital)
e. SAIZEN REIT (Japan residential)

This post has been edited by wongmunkeong: Aug 2 2012, 11:57 AM

Good picks...........Great minds...........

But i dont have first..............

No London REITS

This post has been edited by SKY 1809: Aug 2 2012, 12:34 PM

Hi wongmunkeong,

tqvm for the info, are there any other forums or blogs that discusses SG reits?