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

what is brewing at FCOT?

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

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.

This post has been edited by kart: May 20 2017, 10:45 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

agree with bro ram, decide what is your aim (return %) and work from there.

of course everyone wants to buy cheap but when is cheapest? I also bought at "high" time but if the return satisfy your aim, you should buy and "worry" when it goes down. if the fundamental of the REIT convinced you to buy back then, you should buy more when it goes down?

Now got to queue till the right price. at the moment, the price is still high.

thanks Ramjade for the blogs, Do give more if there is other which are good.

1. just wondering if the market come crashing down.. what would u do? just let the money stuck with the REIT counters?

2. can roughly understand how much SGD u have invested in each REIT? as the minimum charges may take a toll on the trades made.
is 3k to 5k deemed reasonable amount? Or you will recommend more or less?

3. any best list of S REITS to recommend?

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

Started in January 2018...bro, you are "unutilising" your 1 year time. if you started earlier, you might be earning more then.

Good Luck.

Bro one year ago still not in malaysia.

Unemployed for how many months. Not easy to find job nowadays.

Thanks for the two links again. Very informative.

I am working in singapore.. but need 5k to 9k per transaction is just wow.. (if not, deemed not worth it due to charges/ fees for min. transaction)
Just don't know where i can get so much money.
If possible i would just like to invest about 15k SGD and diversify it across 5 REITs or other counters (not "diversify" if all on REITs right?)

I am actually working with some of those big time REITS companies..
What i understand from them is time isn't good and it is likely to go worse.

huh?

no need 5k to 9k per transaction. Brokerage only min SGD 10...

when i started years ago. i just buy 1000units to test... and annual div will recover the brokerage.

If u think gonna be worse. then why u think want invest in REITS?

I have been buying in multiple of 1000+ shares, which translate to below 2k per transactions

make use of DBSV promo now, 10 sgd per transaction

this?

https://www.dbs.com.sg/vickers/en/promotion...jan17_learnmore
Cash Upfront Promotion
The promotional commission rate of 0.12%, minimum S$10 is applicable to all cash upfront trades executed via DBS/POSB iBanking.

i have been following a few threads on investment including this S-REITs. I m definitely not goreng stocks kind of poeple and dont have that kind of info and times to trade.. so i prefer to go slow and steady.. so getting high dividend payout from REIT sounds good to me.
gonna be worse? well, no one can be sure i think.
but if what i heard can be considered a insider news, that's what i can share.

But before i invest, of course i will try to make sure i have done all the necessary studies.

This post has been edited by heyamazingpeople: May 21 2017, 09:07 PM

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)

I want at least 6% yield. Is it realistic, with reasonable risk?

I choose Soilbuild Business Space REIT, as an example.

The total of the last 4 DPU = SGD 0.01489 + 0.0157 + 0.01399 + 0.01565 = SGD 0.06023

Desired Share Price (assuming 6% yield) = SGD 0.06023 / 6 *100 = SGD 1.00

So, if the share price is lower than SGD 1.00, it is a good time to buy, and I can get 6% yield, right? Please advise, if my calculation is incorrect. Thank you.


Yes, the well-known adage is "buy low, sell high". However, realistically speaking, we can never buy the share at the loweest price, and sell the share at the highest price. At least, I should follow the advice given here, and try to buy the share price at a lower price.

Assume that I buy Soilbuild Business Space REIT at SGD 0.68, but some of you all predict that the share price will go down. One or two weeks later, it does decrease. By then, I will regret that I bought the share way too early.

This post has been edited by kart: May 21 2017, 09:50 PM

ya, thanks for the note.

not that i really know and i guess no one really knows for sure.. everything also hear people say only.
i only pray if i did invest a counter, it doesnt come crashing down.

https://en.wikipedia.org/wiki/List_of_publi...e_United_States
I was checking the REITS price chart at year 2008. I am sure no one want to have their investment stuck in a counter like that.
Therefore question i asked earlier, what would you do if the REIT market counter come crashing down.

However, i will study a bit and probably invest about 8k in 1 or 2 REITs counters. (contradicting huh?)

This post has been edited by heyamazingpeople: May 21 2017, 09:48 PM