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 Singapore REITS, S-REITS

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gark
post Mar 20 2017, 11:19 AM

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QUOTE(elea88 @ Mar 20 2017, 11:05 AM)
but i feel safer with my 30 counters. heaviest holding in my portfolio is  Aims Suntec(sold off all) starhill croesus...
and lately MANULIFE US.

the rest is a bit of everything.

I am increaseing FRASERS COMM TRUST. Frasers L&T slowly.
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The thing is.. with 30 counters, monitoring all that is like a full time job already.. sweat.gif

I stick to 10 counters max... and sometimes it force you to make a choice. If you want to buy something you like, you need to let go of another one. laugh.gif
gark
post Mar 20 2017, 11:53 AM

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QUOTE(prince_mk @ Mar 20 2017, 11:33 AM)
different people got different strategy. I understand your concern boss.

maybe some will require weekly monitoring, some will be in quarterly monitoring basis. practical ?

I will keep those have potential in long term run too.

it seems I have some in US and ASX. list is getting longer and different countries.
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Yes, different people have different capacity..

I find that I cannot handle too many.. otherwise i will end up ignoring them sweat.gif
gark
post Mar 20 2017, 12:06 PM

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QUOTE(Ramjade @ Mar 20 2017, 11:54 AM)
There are 2
Phillip and Nikko. Phillip div is 4.5% while Nikko is 5%. Both not interesting as there's a 17% tax on them vs buying reits alone which does not incur taxes.
Out of your 10, how many are reits? brows.gif
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I am holding 70% reits/trust, 30% non reit.. for my SGD account.

For other accounts is almost 100% non REIT
gark
post Mar 25 2017, 01:24 PM

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QUOTE(Ramjade @ Mar 25 2017, 12:31 PM)
Guys I want to ask. I am looking at capitalland commercial Trust vs Mapletree commercial Trust.

Understand that SG is facing a supply of offices but it's expected to end this year.  Office move their backend operation out of CBD. But capitalland commercial Trust gave a 8.x% (based on last year dividend yield) dividend yield last year. Very tempted to buy. Even if rental revision would be negative, how much can 8% drop? It won't drop to 5.x%.

Mapletree only gave 5.x%. I already have frasier centerline and capitalland mall Trust. Is it worth to switch over to capitalland? Need your opinions.
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Where got so high.. around 6.x % only lar... wink.gif

This post has been edited by gark: Mar 25 2017, 01:25 PM
gark
post Mar 25 2017, 01:34 PM

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QUOTE(Ramjade @ Mar 25 2017, 01:32 PM)
If not mistaken got corporate action recently so you need to account fir share dilution.

Better source to check reit yields is from reitdata.com
gark
post Mar 27 2017, 10:25 AM

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QUOTE(cherroy @ Mar 27 2017, 09:52 AM)
Are you sure CCT is having 8.x yield?

Based on its latest DPU (Jun->Dec 2016), the figure is 4.69 cents, annualised 9.38 cents
Current share price 1.53

9.38/1.53 = 6.13%
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So cherroy, I see you more active in SG Reit now.. last time you held a lot of MY reits, if I remember correctly.

Have you now diversified into SG reit? rclxms.gif
gark
post Mar 27 2017, 10:42 AM

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QUOTE(Hansel @ Mar 27 2017, 10:32 AM)
Bro,... it's late morning now,................have you managed to buy anything with a bargain ? I have not !!! My targetted ctrs did not drop !!!!!!!!!!! You have been aiming for today, right ?
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Still expensive this market.. tongue.gif

Need to wait some more.. yawn.gif
gark
post Mar 27 2017, 11:05 AM

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QUOTE(Hansel @ Mar 27 2017, 10:51 AM)
Just a side question here : has anybody heard that come June 1st this year, the IRAS and the banks in Singapore will submit a report to our Lembaga Hasil detailing the holdings and assets that Malaysian citizens hold in SG ?
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I would not be surprised.

They are already reporting dividends (tax voucher) paid to MY citizens to LHDN.

How I know? I had coffee with LHDN before and they have my complete info already.. laugh.gif laugh.gif laugh.gif

If your money is clean, nothing to worry about.. whistling.gif

This post has been edited by gark: Mar 27 2017, 11:10 AM
gark
post Mar 27 2017, 11:07 AM

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QUOTE(kyone @ Mar 27 2017, 11:00 AM)
Fortis Healthcare said to be mulling buyout of RHT Health Trust
How will this affect RHT? The price today like on roller coaster.
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Good.. rclxms.gif

Hope they can pay hefty premium to the shares... otherwise no takers.. laugh.gif laugh.gif laugh.gif

RHT will probably go UUU soon..
gark
post Mar 27 2017, 11:09 AM

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QUOTE(kyone @ Mar 27 2017, 10:56 AM)
Nope. But why would a country be responsible for reporting to ANOTHER country on behalf of foreigners? If individual to declare then make sense...
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For tax declaration purpose, especially those country with witholding tax, info is passed to the investor's citizenship country.

They have been doing for years...
gark
post Mar 27 2017, 11:13 AM

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QUOTE(Hansel @ Mar 27 2017, 11:11 AM)
Tks bro,... this is useful info,... well, foreign income is not taxable, there is no effect even if they know,... for now,.. unless they change the law and says foreign income is taxable,....
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Yes, it is not taxable...

But from there they can see if you are 'hiding' illegal (corruption, lari tax, money laundering etc) assets out of the country.
gark
post Mar 27 2017, 11:18 AM

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QUOTE(prophetjul @ Mar 27 2017, 11:14 AM)
And what did they indicate to you that the SG authorities were reporting to LHDN?
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They know my total SG dividend income.. blush.gif But they missing my Indonesia salary income, which explain the assets. (I declare MY tax 0 income). Once clear with them, then OK already.

Dont know they do for everyone or selected person only.. devil.gif

This post has been edited by gark: Mar 27 2017, 11:19 AM
gark
post Mar 27 2017, 11:53 AM

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QUOTE(fairylord @ Mar 27 2017, 11:50 AM)
gark are you chosen as a frequent TTer tongue.gif?

Thanks for sharing the experience.
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No.. I report zero malaysia income, but I buy Malaysia asset.. so free kopi at LHDN. flex.gif

They might be doing background check on all related incomes.. to justify asset purchase. tongue.gif tongue.gif

This post has been edited by gark: Mar 27 2017, 11:56 AM
gark
post Mar 27 2017, 04:31 PM

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QUOTE(elea88 @ Mar 27 2017, 03:35 PM)
Trading halt for RHT.....
is it good or bad news?
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Usually good, means got offer on the plate...
gark
post Mar 27 2017, 08:40 PM

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QUOTE(bearbear @ Mar 27 2017, 08:23 PM)
sifu sekalian

what are your take on soilbuild?

I know their major issue is the prop at loyang way, hard to get tenant for o&g biz. but I read that that prop contribute about 10% of reit income. assuming I discount 20% on dpu at current price it is still looking at >7% return. This number should improve if they can get a new tenant?
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That remaining deposit is going to expire soon, no more income. Not likely they can get a new tenant as the prop is purpose built as a shipyard. No one is in the right mind will rent or buy one at these oil prices.

It is better you assume, no more income from loyang way in the future.

Nit only that, they have several more properties just like loyang way, but have not default yet.

This post has been edited by gark: Mar 27 2017, 08:42 PM
gark
post Mar 27 2017, 09:41 PM

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QUOTE(cherroy @ Mar 27 2017, 09:22 PM)
Already did.

Mreit low yielding make me to look for Sreit.

Mreit generally are yielding net about 4.x%, while Sreit counterpart are yielding 5.5 up to 7%.

In fact, disposing part of Mreit and switching to Sreit.
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Great stratergy... Lets huat on SG reits. smile.gif
gark
post Mar 29 2017, 11:53 AM

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REIT seminar summary - 22 March

user posted image
gark
post Mar 29 2017, 01:16 PM

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QUOTE(Hansel @ Mar 29 2017, 01:11 PM)
I think Aussie REITs are more attractive in terms of yield,... if we take into consideration the franking credits too !
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What is current witholding tax % for ASX? I forgot.. tongue.gif

You should start a ASX reit thread.. so all the info can be at one place for discussion. thumbup.gif

This post has been edited by gark: Mar 29 2017, 01:18 PM
gark
post Mar 29 2017, 01:20 PM

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QUOTE(Ramjade @ Mar 29 2017, 01:19 PM)
30% same as US  dry.gif  shakehead.gif
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Issit... hmm.gif

But if the divvy is franked, should be able to offset some.. i think.
gark
post Mar 29 2017, 01:31 PM

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QUOTE(Ramjade @ Mar 29 2017, 01:25 PM)
Valid only for those stay in AU. Can check out ASX thread. For those don't stay there (like me), yield is more or less same with SG.

That's why not sure if I want to go that route. That's why I am looking at HK. Tax free. But cannot open HK bank account. AU bank account easy to open

Good thing about SG, AU, HK, - no inheritance tax unlike UK and US  dry.gif  doh.gif
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Here the Aus tax office writes...

QUOTE
Dividends for withholding tax purposes include:

    any distribution made by a company to any of its shareholders in the form of money or other property
    any amount credited by a company to any of its shareholders
    the return on all equity interests, including non-share dividends. However, they do not include dividends paid for non-equity shares that are subject to interest withholding tax.

You must issue a statement to your shareholder or payee that indicates the extent the dividend is franked or is conduit foreign income. You do not have to withhold tax if the dividends you pay have been fully franked or they are conduit foreign income.


https://www.ato.gov.au/individuals/internat...eign-residents/

Franked dividends are exempted from witholding taxes... hmm.gif

So ASX shares mostly franked or unfranked? MY and SG already moved all to 100% franked...

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