Showtime, thank you. Yes, I am keen to protect my yield, whch means making more money compared to the amt that I put in. Otherwise, if I am averaging-up, then I must as well diversify into another instrmnt to protect my wealth.

Hence, your, third paragraph is correct ! I am still trying to finds REITs which will help me to average down,.. I think what you meant is averaging down the total yield of my whole SGREIT portfolio, by finding new REITs which are not in my portfolio yet. Which means I will have to 'take another chance with another new REIT'.

I am comfortable with my current REIT and Yield Stocks portfolio, which has proven to be resilient against mkt cycles and are increasing their DPUs respectivly as time goes by. Taking upon another risk by dipping into another REIT or yield counter, is, to me,... risky in itself.

If you call it a roadblock, then so be it. The roadblock here is getting cramped in-between the risk of developing a better overall yield by adding and taking chances on new REITs with higher yield and by waiting for the current REITs that I have in-hand to drop back to my earlier Buy prices, for whch the day may nvr come.

Anyway, I'm sure I can find other productive ways of using tht SGD that keeps pouring in every quarter,... now that ASx Fixed Price funds are out for me for the moment.

My replies :-

AA - Do the MREITs 'swing' their DPUs in accordance with the market ? Dothey abide strictlyby the rule of paying out almost 100% of their earnings every yr regardless of the mkt cycles and the price swings ? I know that SGREITs' DPUs abide strictly and do not fillow mkt cycles and price swings. Unless, of course, if the earnings drop due to mkt downturn effects, then that's a different story.

BB - INvest as an individual or joint account with your wife.

CC - Wait for dips for SREITs, then buy. I saw Al-Aqar REIT has a yield of up to 8% at current price, but will the DPU drop nex year ?

DD - At a glance, I saw most MREITs paying-out the dividends twice a yr. Many SGREITs pay out their divyies 4x per year. It's better to get your money earlier, than you can re-invest faster and not lose out on opportunity cost.

Better to mellow down on this on my side,... those guys over at the other ASX thread are very sensitive of these words.

it's ok as long as the argument is factually sound.

this is the most impt question.

i.e. in the next 12 months, how will these reits perform in terms of biz environment, foreign funds confidence and management prudence?

lastly, exchange rate if sgd/rm is relevant.

no easy answers, i suppose.

Hansel

Stay on this thread! We are less threatening!

we threaten.. logics & reasonings only

Many thanks!

AA
Was not aware of this. Thanks.

BB
Please clarify on the benefits. Income tax reduction?

DD
Good to know this difference.


In your view, do you feel that the upside in S REIT is limited due to its high prices now (compared to Msia)?

EE

Is there a REIT index I can follow?

Many thanks.

Its called challenging in my company!

its good that there are other perspectives before a decision is made.

Thank you, gents,.. and the other gentlemen and lady readers too,...

...

This post has been edited by AVFAN: Aug 27 2015, 07:05 PM

hahaha all comments are welcome.....

YOu are most welcome,... plumberly,...

Further on BB : Yes, if you invest as an individual or in an individual joint account, you will get the whole amount of the DPU as declared, ie NOT TAXED at all for now. DPU = Dividend Per UNit. Otherwise, if you invest as, say a company, you may be subjected to a certain percentage of tax on one of the three components that make up the dividend of an SG REIT. Yield Stocks and TRusts may not have these three components of the dividend payout.

Open an individual account with the SG CDP, but you need to do this via a registered SG brokerage. Then you will be regarded as an individual, and will be ableto enjoy no tax status for the time being. IRAS - Internal REvenue Authority of Singapore. IRAS is the equivalent of our Lembaga Hasil Dalam Negeri (LHDN).

Continue to monitor news in the IRAS. As investors in SG, we need to monitor ongoing news and changes in the IRAS. SG Elections are coming....

DD : I am not sure of investing in MREITs yet,... and for me, I am more keen on the ability of a REIT to be able to grow its dividend based on further acquisitions and asset enhancement initiatives (AEIs). If you buy now, you will get around 6 to 7% yield for some REITs, eg FREIT. BUt as the DPU grows, you will enjoy a higher yield.

Then the question becomes, how will the DPU be able to grow ? For FREIT, availability of a strong pipeline of healthcare assets for purchase based on a Right-of-First-Refusal (ROFR) basis.

If the above are satisfied, in SG, the price of the REIT WILL GROW as time goes by.

EE : I normally use this : http://www.marketwatch.com/investing/index...?CountryCode=xx

... but I also 'normally' take a bottoms-up approach to SG REITs investing, ie, I target directly the company concerned, rather than target the company from a macro view downwards.

Nope the above helps....

Many many thanks!

...you are very welcome,...

Will try to contribute as much as possible to this thread and to the forum in general.

To all Starhub and potential Starhub supporters,... following is an important piece of news. Starhub gives out a DPU of 20 cents per year, divided into 5 cts per quarter per share.

YOu can calculate the yield with the current share price.

There is a 4th Telco coming in SG. Trials are starting soon. As per foll article :-

Hello My4thTelco Supporters,

Mark the date 22 October 2015 on your calendars. It's full steam ahead for MyRepublic's first mobility trial!

Our mobility trial will be held in Jurong East, as permitted by the IDA.

The Jurong East MRT and Bus Interchange will have our trial's network coverage by November 2015.

Everybody has his own style and strategy. No right or wrong. Most importantly is your way is making money

AA
I don't think just because it is a more matured market, the upside is limited. Just take last week and this week for example. Sreit down so much, and recovered very strongly this week. Whereas Mreit is still relatively quiet. The KLCI rebound only apply to those component stock. Mreit does not enjoy the ride. So, Those who enter Sreit last week make a lot of money this week. Mreit opportunity is still waiting for you to enter if you dare

BB
No tax for individual for Sreit for Both distribution and cap gain. While Mreit has 10% withholding tax

CC
Look at the link AVFAN provided to get an idea of DPU and yield from both Sreit and Mreit. I think Sreits nett yield after tax is better

DD
As Malaysian, if you invested before the RM depreciation, you enjoyed better return from forex than the DPU. Actually for the last 3 months, forex alone you would have made >10% (2.6xxx to 3.xxxx). For long term it is a hedge against RM

But do take note if you use local platform to trade in SGX, the cost is higher. Also there are cost for dividend distribution. Also sometimes the forex rate spread is not favorable. If it is not troublesome, try to open a trading account in Sg

Tks,..

Very informative! Many thanks.