imo, not a good idea to average up if yield is not high enough - when it comes back down, it hurts bad!
if yield is high enough >7%, can consider - which is why i will still top up soilbuildbiz.

my plan to was stop at 8 counters. now, looks like 10... no more!

i am new to reits. any good reits counters to start with?

new to reits...

maybe u wanna start with myreits.
https://forum.lowyat.net/topic/3119344/+1480

sgreits involve foreign exchange, different accounts depending on broker/bank.

http://www.reitsweek.com/2014/09/aims-amp-...20-gul-way.html

AIMS AMP REIT’s 20 Gul Way sees a more than five fold increase in property revenue after the redevelopment project.


wah....

For that particular property only.

aimsampi been good, love it!

been reading all 35 pages of this thread. as a summary, there are 2 ways of investing in SG stocks:

1. opening SG savings account and trading account (popular ones DBS/DBS Vickers or Stanchart) - which is the way elea88 and gark are using
2. trade via Msia stock broking firm - which i think AVFAN is using

been contemplating of investing in SG stocks, not just REITs, but ETF/unit trust as well....what would be the differentiation factors to choose either option 1 or 2?

Besides, if we go for option 1, what happens if we pass away? looking at will planning aspect as well....

This is procedure for DBS BANK AC HOLDERS.

Upon the demise of an account holder, all her personal and joint accounts will be frozen upon receipt of the notice of death. Account balances form part of the deceased’s estate and will be managed by the appointed executors (if a Will is available) or administrators.

If a Will is available, a Grant of Probate must be submitted for the release of balances to the appointed executors. If a Will is not available, administrators must be appointed and the Grant of Letters of Administration must be presented for the release of balances to the administrators. The Grant of Probate or Grant of Letters of Administration must be issued and/or re-sealed in the Singapore courts.

Where the personal account(s) of the deceased is/are to be closed, the appointed executors/administrators are to complete the “Authorisation for Closure of Account” form.

However, the Bank can allow the release of ‘small amounts’ provided under the ABS guidelines for intestate cases (without leaving a Will), depending on the type of accounts and the account balances.

To close the account and apply for the release of the credit balances, please provide the following documents at our branch:

1) Original death certificate of the deceased
2) Original Grant of Probate or Letters of Administration sealed in Singapore (For foreigner account holder if the Grant is extracted from a Commonwealth country, it has to be resealed by the Singapore High Court)
3) Identity documents of the appointed executors/administrators
4) Authorisation for Closure of Account to be signed by the appointed executors/administrators

If the account has more than one administrator, the signature requirement is defaulted to jointly. That is, all the administrators would have to be present to make withdrawal or close the account.

The funds can be released via the following options:
- Cash
- Cashier’s Order (A fee will be charged if the Cashier's Order is payable to a third party)
- Crediting to another DBS/POSB Account

Below is procedure for SGX.


The following is the procedure for estate account as per your request.
Before a sale/ transaction (e.g. transfer) can be done from the deceased securities account, the deceased's CDP securities account has to be updated to an Estate securities account.
Please be advised that the appointed personal representatives are required to attend personally at CDP to submit the following:
1. Original / certified true copy of the Grant of Representation and the Schedule of Assets [Note: All foreign Grant of Representations must be resealed in the Singapore courts before submission to CDP.]
2. Original / certified true copy of the deceased's death certificate
3. Original identity cards of personal representatives- (for Singaporeans/PRs and Malaysians) Original passports of personal representatives - (for foreigners, excluding Malaysians)
Our Customer Service Centre is located at :
The Central Depository (Pte) Limited
9 North Buona Vista Drive
#01-19/20 The Metropolis
Singapore 138588
Our office hours are : Mondays to Fridays 8.30 a.m. to 5.00 p.m. and Saturdays 9.00 a.m. to 12.30 p.m. (Closed on Sundays and Public Holidays)
After the deceased's account has been updated to an Estate account, the personal representatives may proceed with the sale or transfer of securities out from the Estate account. Transfer fee of S$10.70(Incl of GST) is payable for each counter transferred. For the selling of the shares, the persoal representatives will need to open an Estate trading account with the broking firm to facilitate the trade.
Subsequently, the personal representatives(s) may request CDP to re-issue uncleared dividend cheques (if any) by completing the 'Replacement of Dividend Cheque(s) (Deceased Case)' Form. The request to re-issue the dividend cheque(s) is subject to a fee of S$2.14 (inclusive of GST) per cheque.
If the value of the deceased's assets is below S$50,000, you may approach the Insolvency & Public Trustee's Office ('IPTO') to administer the account. The contact number for IPTO is 632 51500 and email address is ipto_enquiry@ipto.gov.sg

Its still good news. Slowly but Surely....

SGX taking a beating

im just starting to look at sg reit, any sifu can help me to headstart with shortlisted first class and second class reit? the most important is good management and portfolio with high rental revision ability, like first class reit in malaysia: igbreit, pavreit, uoareit, axreit.

http://www.reitsweek.com/2014/09/dbs-bank-...lion-units.html

croesus.. continue dipping... .935 is good buy?
DBS bought at .915

last week article DBS targes SGD 1.10


This post has been edited by elea88: Sep 17 2014, 11:50 AM

I think hold on, as market volatile due to US interest rate going to be raised.
The reason being when interest rate goes up other almost zero risk interest bearing investments become attractive like bonds, time deposits. Also interest rate up means borrowing cost goes up - you need to check the REITs debt profile.
In short, interest rate up means REITS price goes down.

yea.. thanks for the reminder.. i just wanted to diversify my investment into sg as i going to work there soon.. can you shortlist a few good reits for me to study further?

18 Sep 14 (Thu)

KeppelREIT

ACQUISITION OF A ONE-THIRD INTEREST IN MARINA BAY FINANCIAL CENTRE TOWER 3


Pess elease
http://infopub.sgx.com/FileOpen/SGXNET_Kep...t&FileID=315190


anybody hv KEPPEL REIT? Now, i am interested...

If u really want to divide it into classes. Take a look @ reitdata.com. Those in 5% range annual yield should be class 1. While 6% class 2 and 7% class 3.

There are some talk about disagreement with the management for divesting their Prudential Tower which is very well located @ CBD area. Some would prefer the management to divest their Australian potfolio instead.

yeah.. and price dips to 1.20 today

oh great.. looks like ascendas reit not bad.. 98% occupancy.. just that investor worry on industrial reit.