I mention mlt because it's dividend was 7+%.
Since Ascendas reit compose of SG + AU, just get one SG industrial reit + one AU industrial reit.

Since you have access to AU market, you may want to compare FLT (AUD counter not the SGD counter) vs other AU industrial reit.

That way, is apple to apple comparison as both counters are denominated in AUD

The reason I took FLT was because I don't want to venture into AU market and kena tax 30%. So the next best thing is find a AU counter listed on tax free exchange.

This post has been edited by Ramjade: May 19 2017, 12:28 PM

Whoa. My guess, they won't be losing HP as client. But then what's with HP asking Mapletree IT to build them that place?

This post has been edited by Ramjade: May 19 2017, 06:01 PM

1) For me, I determine how much yield I want. Very simple it must beat malaysia's amanah saham in the long run.
A 5.75% yield can beat a 6%+ amanah saham over long period of time.
Eg. You know a reit can give 6%+ yield but right now it's giving 5.8%+ yield, do you want it or do you want to wait? I will wait. (eg. CCT at current price. Will I buy CCT? No. See reason 9. If they give me 7%, yes, I will take not 6% )
2) How much debt it have
- again this is not set in stone. Lower debt of course better la. But Mapletree greater china IMO is better than capital china retail eventhough mapletree have ~40% gearing -way higher than Capitalland. But we need to see, mainland china are esavvy shopper. In china, you have online store everywhere (alibaba, 360, baidu, tencent, xiaomi, etc) We all know that amazon is beating the crap out of brick and mortar shopping lot. Do we still want capital china retail? If Fortune reit (a HK reit with shopping malls can survive HK, then shopping mall can still survive in HK). Fortune reit would be better option shopping reit vs Mapletree GCC but Fortune reit dividend only 5+% vs 7%+ of mapletree. Next thing you do is look at the mall owned by Mapletree. Is it it good? Even though it's only one mall, but it's a higher version of vivocity. I will bite but not now. Anyway with that high gearing, sooner or later Mapletree will have to issue rights.That time, price will drop. Div yield may reach 8%+
3) Occupancy rate - the higher the occupancy, the higher the rental (not always true but having the place occupied and people paying rental is better than vacant), does it beat it's peer.
4) Types of building and location
5) Whether it achieve (+) rental reversion
6) NPI - a good reit should increase NPI
7) How the reit manager handle bad times (CMT, FCpT, FCT, CCT, Aims)
8) Read blogs (investmentmoat, fifth person, turtle investor (he's mostly index investor but sometimes does reit review), assi (some I don't agree like ASSI going for Capitalland China Trust and Starhill Global) does good reviews on reit
9) I am sucker for diversification. That's why my reits I choose are not all pure play SG-reit (Hence FCT, MLT and MCT is in my portfolio)
10. I want access to certain market but do not wish to pay withholding tax (I at looking at you AU and US). Hence I add FLT and manulife US when the time is right. Both does not incur 30% withholding tax.
20. How to know price high or not? Use google finance to find out. They have nice chart which shows previous prices.

My goal (when I started in Jan) is buy at whatever market price and collect dividend first. Later when opportunities present itself, use dividend collected to average down. A bad strategy but so far it works. Some of my reits I bought at market price giving me 7-9% paper gain (including latest dividend). If opportunity present itself to average down, I will take it. There's still some reits on my shopping list I have got yet. See eg in reason 1.

Right now, not buying anything. No money. No discount.

Sorry for long post.

This post has been edited by Ramjade: May 21 2017, 08:36 AM

Now no need to queue. Sit back and enjoy dividend. When news come out that Fed going to hike/after fed hike then queue. They still have 2 more hikes to go.

1. Immediately transfer my money from Malaysia to SG, use whatever dividend I have + cash in SG and buy. Not everyday you get CMT, FCpT dividend at say 6.5% or 7%. Not sure if I will whack reits or whack other counter. Too much choices. You need to ask yourself, why did you buy the counter in the first place. That's why I perfer counters with zero debts or debt/asset ratio of <1. When a counter does not have debts, no one can force it into bankruptcy.
2. Best amount should be 0.12%/0.18%/0.2% (depending on what broker you are using) of your buying cost but that's too high for us earning RM So I use more or less half of it. Don't have so much money either. So if your broker charge you 0.12% or min SGD10, you should buy at SGD8333.33 (ideally based on SGD10/0.0012, if 0.18% or SGD18 should be SGD10k). I am using SG broker as example here not Malaysian broker as an example.
3. Use the following website to determine
http://reitdata.com/
http://www.investmentmoats.com/DividendScr...endScreener.php

Bro one year ago still not in malaysia.

You can buy SGD1k too but SGD1k charge SGD10, SGD5k also kena charge SGD10, SGD9k also kena charge SGD10. So you decide. No hard rule that you must buy that amount. Cause if you buy SGD1000 and kena charge SGD10 = 1% brokerage fees. I am trying to reduce my brokerage fees where possible.

You are working in SG. You have the advantage over us. We are earning RM. Need to convert. SGD is 3xRM. No conversion on your part.

Sure why not. You can divide SGD15k into SGD3k/reit. If you can wait, until you have SGD20k then you can divide them into SGD4k equally.

You need to determine your investing strategy. Dividend investing/value investing/trading. But I still trust reits. Of course if there are other counter which are worth keeping, I am going to buy it.

What do you it is likely to go worse ? If the yield not attractive, just wait. It's perfectly fine to wait on the sidelines.

Btw, do you have emergency cash supply up? Do not invest if you do not have emergency cash supply.

DBS Vickers not good for those working in SG. This is because SGD10 is a promo until end of June. Come July onwards, it will go back to SGD18. Use Standard chartered. The SGD10 by standard chartered is a permanent feature (unless they decide to hike the price)

Of course. Plenty things giving >6%. FCT, FLT, Aims, Manulife US, Mapletree GCT, Lippo, First Reit,
Stuff which can give 6% (not at current price) - MCT (if they can increase rental and price drop), CCT - wait for price to drop.

Industrial reits in SG should give 8-9% (exception applies to Ascendas and Mapletree Logistic). So if you are aiming for 6% from Soilbuild you are forsaking your additional 2% yield. For 6% industrial reit, better go for Ascendas. Less risky.

Soilbuild have exposure to oil and gas industry. Recently one of their tenant just defaulted payment. If oil and gas industry go south further (I expect it to will because Saudi got no ammo to fight US shale oil), expect more problem with Soilbuild.

Don't regret. I bought FCT at 1.29. Few weeks later became 1.25 for no reason. Also if I had stated in Dec, I would have managed to capture the sell down of reits and could pick up MCT at 6%+ yield. Opportunity will present itself (rights issue, fear that interest rate will hike, sell down in china/US) again.

If you are scared, stick with popular reits name (capitalland, frasers, mapletree). Not saying they won't die but less likely to die That's one of main strategy when starting out.
Avoid keppel as they are bad sponsor.

This post has been edited by Ramjade: May 21 2017, 10:21 PM

Anyone knows why first reit dive to 1.31? Is it ex date?

Don't know lei. Nothing in the news.

Why? New CEO have bad track record? Wondering should I swap CMT for this.

This post has been edited by Ramjade: May 22 2017, 11:27 AM

You don't want to wait 1.2x? I feel 1.31 still expensive...

Guys, anyone went for Ascendas India? Gearing 29%. Div yield about 5.1% (it's low) but this reit more towards capital appreciation then income.
https://www.fool.sg/2017/05/17/the-best-per...s-in-singapore/
NPI increasing yearly but DPU returns have been erractic.
Average returns 30%pa seems too good

This post has been edited by Ramjade: May 22 2017, 10:25 PM

First is ok at 1.32 but I think 6.57 too low yield. If 6.7+ maybe can consider. Can reach or not.
RHT, bad result.

How about this


This post has been edited by Ramjade: May 24 2017, 10:52 AM

I think it's because india is entering correction based on what some people on FSM thread said. But remember few months back, gark said, INR is appreciating against every single country which means there's potential in INR. But from expereince with unit trust, india is one country which returns are like rocket. Shoot up very fast and fall slightly.

Reits movement maybe halted soon.

http://www.theedgemarkets.com.sg/most-fed-...red-unwind-plan

Reits to fly some more?
http://research.sginvestors.io/2017/05/sin...-05-25.html?m=1

Or it will sink after Fed hike?

Bagus bagus. Maybe massive selldown. Maybe I can collect

Chill chill. FCOT is yield is still above 7%. Nothing to worry about. As unker gark said is already priced in that HP will move out. So won't drop. If drop just buy more. I will collect if it drop below 1.25

You can only choose between CCT/FCOT. Nothing come close to both of them. I choose FCOT for it's Australian exposure. The only office reit with exposure to AU market is Keppel and FCOT. Keppel is a bad reit so I am staying away from them.

CMT rental will resume once Funan is back online. Yield will move maybe >6%?

This post has been edited by Ramjade: May 25 2017, 09:32 PM

Yup referring to accordia.

According to google finance graph, still seem high for 5 years. Although price does looks average.