Dividend gain + capital appreciation.  
But 3% for reits is too low.   Min should be 6% la.

Not sure if you have read this.

From my previous post

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 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.

it move upwards after announce div.
and it moves much higher after  this news.

http://sbr.com.sg/commercial-property/news...s-based-synergy

http://www.btinvest.com.sg/markets/news/13...tml?source=btbn
Now i am thinking should i sell it for profit since it move up so high.

its 20% capital appreciation within 1.5 yrs.

http://infopub.sgx.com/Apps?A=COW_CorpAnno...76a79ef0ab6f7af

cache rights issue...!!!!
this month.. i will have 2 rights to take care of...

Of course. Whenever there's a right's issue, current price will drop. If you don't subscribe, your future dividends will be reduced.

http://singaporeanstocksinvestor.blogspot....100-rights.html

ConquerorX.. this will explain all you need to know about the RIGHTS ISSUE...

enjoy...

Read the links I gave you earlier. It explained rights very well.

Yes. For rights you need a SG address. First, what broker are you using, second, is it a direct account (shares held in CDP) or is it custodian account (shares held with broker). Different procedure for both.

If DBS V, they will auto sell your rights if you do not have SG address. You can apply for rights via atm. Not sure if can be done online. Ask Hansel