Welcome Guest ( Log In | Register )

70 Pages « < 18 19 20 21 22 > » Bottom

Outline · [ Standard ] · Linear+

 Singapore REITS, S-REITS

views
     
Ramjade
post Jun 1 2017, 02:22 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(Properlog @ Jun 1 2017, 02:20 PM)
Hi Ramjade, Thank you very much for your inputs. rclxms.gif  Currently working in SG. So in order to open a DBS vicker account, it can be done online if i have POSB account right? How about CDP? Have to go to their branch?
*
Just go MBFC and apply. Not sure if can be done via online.
Ramjade
post Jun 1 2017, 03:12 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(Hansel @ Jun 1 2017, 02:56 PM)
Haha,... soon,...even Singaporeans will start asking bro Ram how to
open accts, what's the best acct to open, etc,....
*
I should charge royalty for it rclxs0.gif
Btw, SG have their own Lowyat Forum:
1) http://forums.hardwarezone.com.sg/money-mind-210/
2) http://www.sharejunction.com/sharejunction...atestTopics.htm
3) https://www.investingnote.com
Ramjade
post Jun 1 2017, 03:43 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(Properlog @ Jun 1 2017, 03:40 PM)
Thanks, Bro. Will apply online and call them later.
How about capitalland mall reit ? I know this question may look very beginner and newbie question, but i have no idea on reit now. notworthy.gif
This look reliable and stable grow for me.   smile.gif
Btw, what is FCoT?
*
All malls will be affected by amazon and alibaba battle. Whethe they can survive is another question.

FCoT - Frasers Commercial Trust

From my previous post
QUOTE(kart @ May 20 2017, 10:44 PM)
How do you all decide the best price to buy S-Reits? Do you use something like 10-day average price, or 30-day average price, as a guide?

For example, the current share price of Soilbuild Business Space REIT is SGD 0.680. What would be the best price to buy this S-Reit?

Thanks for the advice. smile.gif
*
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% biggrin.gif )
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%+ drool.gif
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. sad.gif

Sorry for long post.

This post has been edited by Ramjade: Jun 1 2017, 03:52 PM
Ramjade
post Jun 1 2017, 11:09 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(Properlog @ Jun 1 2017, 10:42 PM)
Hi Elea, thank for the hint...so better to select those with industrial one ah because the demand will be getting higher as more online shopping need warehouse for stocks?btw...what is AIMS yup?related to industrial one ?😄
*
Not necessarily. Now there's oversupply of warehouse, office, shopping mall. thumbup.gif You also need to look at general economy. Right now warehouse still got demand as SG is a port. But if world economy slowing down/SG port not important, as mentioned below, warehouse also useless already thumbup.gif
QUOTE(Ramjade @ May 27 2017, 07:54 PM)
Another blow to Singapore
Tankers begin to offload oil through China-Myanmar pipeline bypassing Singapore altogether

Number of bypasses:
1) Gwadar Port, Pakistan (operational)
2) Kyaukpyu port, Myanmar (operational)
3) Kuantun port via ECRL (coming soon!)

3 bypasses. Can Singpaore still survive?  hmm.gif  sad.gif cry.gif  Thanks to Singaporean politician who openly delare their allegiance to US.  sad.gif
*
Good place to start
http://fifthperson.com/
http://reitdata.com/category/yield/
http://singaporeanstocksinvestor.blogspot.my
http://investmentmoats.com/
Ramjade
post Jun 1 2017, 11:35 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(Properlog @ Jun 1 2017, 11:24 PM)
Ram Bro...confusing...there is a lot factor to consider...will learn step by step...at least get some good info here..thank you for your link...it save me a lot time to get start..👍
*
You are in SG right, go for Dividend Machine when it opens for registration. Brought to you by the people of Fifth Person.
Ramjade
post Jun 2 2017, 10:33 AM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(Properlog @ Jun 2 2017, 01:56 AM)
Yup...in SG...bro...but what is this?
*
Is a course which will bring you up to date for investing for dividend income.

Quite cheap at about SGD300+ with lifetime updates.

Not these course which try to sell you other stuff and ask you to.pay few thousands.
Ramjade
post Jun 2 2017, 12:15 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(Properlog @ Jun 2 2017, 12:13 PM)
Thanks for the info...Bro...however the course seem close for register d
*
That's why I said when it open, you can go register. It's once a year. After that, you don't need to pay anything else.
Ramjade
post Jun 2 2017, 12:28 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(Properlog @ Jun 2 2017, 12:16 PM)
Got it...Bro...will check frequently👍
*
It's open for registration In January-Feb if I am not mistaken.

This post has been edited by Ramjade: Jun 2 2017, 01:40 PM
Ramjade
post Jun 2 2017, 03:52 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(prince_mk @ Jun 2 2017, 02:12 PM)
PETALING JAYA: Construction and property firm WCT Holdings Bhd expects to list its real estate investment trust (REIT) by the end of this year, according to group managing director Datuk Lee Tuck Fook.
*
Er not listed on SGX la. There's one upcomin office reit IPO coming up with property in SG, AU, UK.

This post has been edited by Ramjade: Jun 2 2017, 03:54 PM
Ramjade
post Jun 3 2017, 08:31 AM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(prince_mk @ Jun 3 2017, 08:27 AM)
I know the WCT will be listed in Msia.

What is the upcoming reits u mentioned about ?
*
New upcoming "international" REIT IPO.
QUOTE
AEP Investment Management and HNA Group are planning to list what is likely to be the biggest initial public offering this year – a commercial real estate investment trust with assets from Australia, the UK and Singapore valued at $1.5 billion.

IPO portfolio will comprise five properties, with 46% of the portfolio in Australia, 27% in the UK, and 26% in Singapore.

Two of properties – StarHub Green in Ubi, with an occupancy of 94.7%, and 41 George Street in Brisbane, which is 99.8% occupied – are from Basil Property Trust, which is managed by AEP.

A third property, Trident Place Business Park, Hatfield, which is 100% occupied, is from AEP’s UK Separate Account Fund.

The two remaining properties are office buildings in Sydney and Adelaide.

Out of the total assets, 58% of the portfolio is on freehold land. Weighted average lease to expiry is 5.4 years, and 93% of leases by gross rental income have built-in escalations.

Since the gearing at IPO is likely to be 28.6%, the REIT has the potential to acquire properties.
http://www.theedgemarkets.com.sg/commercial-reit-ipo-works
Sounds interesting. But UK offices...
Ramjade
post Jun 3 2017, 11:31 AM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(prince_mk @ Jun 3 2017, 09:19 AM)
Ramjade

Can u give me the link to open Maybank Kim Eng from Msia.
*
I didn't open from Malaysia. Went in person with the forms to Maybank KE SG submit there. No need commissioner of oath.
These are all compulsory forms:
KE Trade Account Application Form (tick prefunded)
Electronic Payment for Shares (You can try using this to link the account to Maybank KE but Maybank KE do support FAST transfer thumbsup.gif
Client Proficiency Assessment Form
Tax Residency Self-Certification Form

Forms if you want to buy Manulife US Reit:
W8-BEN Form
Risk Warning Statement

You can do like elea said or you photoocpy, go to Maybank KE and let the staff verify all your documents.

QUOTE(elea88 @ Jun 3 2017, 09:39 AM)
you got STD CHART why want open MKE?
MKE cannot buy AUS shares.

Procedure fill in the forms online.. then after that u need comm of oath and return signed documents to them.
the waiting period is quite long...

even i zip to their office after sign all forms take another month for them to send me the Pin & confirmation et
*
Cause he wants to buy Manulife US reit and Standard Chartered SG does not let him buy?

This post has been edited by Ramjade: Jun 3 2017, 11:35 AM
Ramjade
post Jun 3 2017, 01:27 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(prince_mk @ Jun 3 2017, 01:15 PM)
Thanks Ramjade.

which branch did you go ? 50 North Canal Road Singapore 059304?

But my bro doesn't have Sg Maybank savings acc ? How ?

and what is the monthly charges for MKE ?
*
Yes. North canal road. But the staff there are not very knowledgeable. All old aunties (no offences against old people). If you compare DBS V staff vs maybank KE staff, DBS V staff know what to do. These aunties are like very blur.

I think it's better if you go to westgate as what elea and gark did.

You can try email maybank ke and ask can you link your standard charterd account to maybank ke as the EPS form doesn't have standard chartered available (only DBS, OCBC, UOB, Citibank).

No charges. Unless you meant maintenance fees for overseas shares?
Ramjade
post Jun 3 2017, 01:35 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(prince_mk @ Jun 3 2017, 01:29 PM)
what is the charges when buying and selling shares ?
*
For now until end of Dec min SGD10 or 0.18%. After that, if they decide not to continue promo, it will be min SGD18 or 0.18%.
Maybank KE prefunded chaeges

Dividend will be paid into trading account.

To get money back into your bank account, have to contact your remisier.

This post has been edited by Ramjade: Jun 3 2017, 01:37 PM
Ramjade
post Jun 3 2017, 01:54 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(prince_mk @ Jun 3 2017, 01:51 PM)
oic....why don you sign up Sg MBB savings acc so that the dividend can be bank in directly into you savings ?
*
Already sign up. My Maybank KE prefunded is link to my MBB SG account. This is how the system works. If you use Maybank KE cash account, then dividend will be paid out from CDP into your selected bank account. Actually I don't really need this maybank account since I have DBS. Waste my SGD500 (minimum amount).

Don't know want to close maybank account or DBS account. Haiz.

This post has been edited by Ramjade: Jun 3 2017, 01:56 PM
Ramjade
post Jun 3 2017, 02:17 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(prince_mk @ Jun 3 2017, 02:00 PM)
Thanks Ramjade.

I also have DBS too. still thinking whether to close DBS multi currency acc or not as the sgd3k is sitting there with no interest paid.

what is your view on this ?
*
Go try luck.Visit any of the POSB branches and ask them is there a SGD500 account you can open. I heard there's one but only for SGrean. Not sure if they will let us open.
If can, open that, close MCA.

Reason for keeping my DBS MCA
1) it's SG bank. Maybank is MY bank. People said if something happen to Maybank, Maybank SG also not spared although MAS have taken steps to prevent this kind of thing to happen. Maybank along with SCB have been granted full licensed by MAS that means to operate in SG, they must meet the min safety requirements.

If you have no need, just close it. You can also put SGD65 inside there for them to deduct while you put the SGD2940 to good use. Investing in something which give 5% also good enough to cover DBS fees.

If I am in your shoes, close it. Stick with standard chartered and cimb sg (for 1%pa parking place as it's free). That way, I still have 2 trading account. SCB (main one) and Maybank KE as backup. I am working towards getting SCB and close my DBS (there's a way)

The best multicurrency so far I found so far is OCBC. No fall below fees. But like all SG banks, charge you 1% to deposit foreign currency.

For me my plan
1) work towards getting SCB account
2) get posb SGD500 account if possible
3) close DBS MCA and Maybank account.

This post has been edited by Ramjade: Jun 3 2017, 02:23 PM
Ramjade
post Jun 3 2017, 02:58 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(elea88 @ Jun 3 2017, 02:42 PM)
i went to WESTGATE. Its a shopping centre. (JURONG EAST MRT)
inside got MAYBANK KIM ENG office. upstairs is DBS bank.
and if not mistaken nearby also got STandard Chart .
within walking distance is also many banks. even Maybank is near by about 5 mins walk across the road.

My suggestion is DBS BANK ac (as there is plenty atm).. then open CIMB SG.

dun bother MAYBANK SG. unless you want to open this Maybank from Malaysia. and transfer funds via TT as, there is limited ATM machines for bank in cash.

i hv all 3 bank ac. DBS, MAYBANK SG & CIMB SG (for temporary parking of funds for 1% interest)
*
Actually my intention was not to open Maybank. It was more of backup plan. But since teropen already, just leave it there. tongue.gif Got my DBS bank account then I found out that my Maybank application was send down to SG (together with brother. That time send first. Can get or not is 2nd question) already.

I never use any DBS ATM machine to withdraw money. Only deposit money Only spend max SGD20 in SG. (kiamsiap) laugh.gif

QUOTE(elea88 @ Jun 3 2017, 02:46 PM)
haha.me too.  i thinking want close MAYBANK . as SGD 500 sitting there too..\
not sure if they are like M'sia bank.. need log in every 3 months
Need to check if they have DORMANT account requirement or not.

DBS must keep as a lot of ATM in singapore.
*
Just do a transfer then withdrawal between any of the 3 banks via FAST so that account is not dormant. I cannot get any info about dormancy account in SG. For those with DBS, login, go check out the apply tab. There's a eEveryday Savings account (the SGD500 POSB account). Supposedly able to apply via online. Haven't tried.

elea88, if you have lots of money to park, try Citibank Maxigain. Can get close to 2% No fall below fees.
Ramjade
post Jun 3 2017, 04:45 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(prince_mk @ Jun 3 2017, 04:29 PM)
why wan to put in Citibank maxgain. just put in FSM CMF or Sg reits. Aus shares is not bad too > 6%

spent sgd20 per day. sigh..so many good foods there. enough kah ? hahahahaha
*
Bro this is for warchest. If stocks market crash tomorrow, you can withdraw in time to deploy or not? tongue.gif

Too expensive for my stomach. (SGD is 3x RM)
Ramjade
post Jun 4 2017, 08:08 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(ConquerorX @ Jun 4 2017, 07:34 PM)
hello to all sifus,

just wanna ask, assuming you have sgd10k worth of reits and the dividend is 3% yearly, are you expecting 300sgd gain on yearly basis? notworthy.gif
*
Dividend gain + capital appreciation. thumbup.gif
But 3% for reits is too low. biggrin.gif Min should be 6% la.
Ramjade
post Jun 4 2017, 09:23 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(ConquerorX @ Jun 4 2017, 08:52 PM)
thanks ram. the 3% was just an assumption biggrin.gif again, assuming you have 10k sgd for reits alone, how would you diversify and based on what categories?

I've been reading this thread for quite awhile, and most sifus recommended industrial reits? thus, how would you diversify amongst the reits?
*
Not sure if you have read this.

From my previous post
QUOTE(kart @ May 20 2017, 10:44 PM)
How do you all decide the best price to buy S-Reits? Do you use something like 10-day average price, or 30-day average price, as a guide?

For example, the current share price of Soilbuild Business Space REIT is SGD 0.680. What would be the best price to buy this S-Reit?

Thanks for the advice. smile.gif
*
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% biggrin.gif )
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%+ drool.gif
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 11-12% 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. sad.gif
Ramjade
post Jun 4 2017, 10:08 PM

20k VIP Club
*********
All Stars
24,335 posts

Joined: Feb 2011


QUOTE(ConquerorX @ Jun 4 2017, 10:04 PM)
thanks ram. yes, I came across the info and it is still quite a lot of digest, but keep up the good work and I'm sure such info would be helpful to many thumbup.gif
*
Most important is how much yield you want. Then look at the reit you want, then filter them out using the criteria. There are more. But this is what I just use.

70 Pages « < 18 19 20 21 22 > » Top
 

Change to:
| Lo-Fi Version
0.2896sec    0.27    7 queries    GZIP Disabled
Time is now: 4th December 2025 - 04:20 AM