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 Singapore REITS, S-REITS

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Ramjade
post Nov 15 2016, 06:49 PM

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QUOTE(elea88 @ Nov 15 2016, 04:55 PM)
its best you contact all the banks and check requirement before going over.

the requirement has change lately.

However do keep us posted if you are successful in opening your bank ac.

Important is the bank ac. Broker account is not an issue... Can open without problem as most is now CASH UPFRONT account.
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What's with this cash upfront account? Whether can open account?
Ramjade
post Nov 15 2016, 09:46 PM

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QUOTE(Hansel @ Nov 15 2016, 09:45 PM)
If can't open bank account,... then GO OPEN A BROKERAGE ACCOUNT FIRST BEFORE EVEN BROKERAGE ACCOUNTS ARE LOCKED OUT !!!!

Times are getting harder,...

Use a Msian address, bro Marcus,... but be sure there is someone at the address to receive your id's and passwords. Bring your utility bills to prove to them.
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How to open a brokerage account? I have no exp with stock market. If they asked me some stock question, how am I going to answer? I know how it works, but those fancy term...

Or it will be a Yes/No type of question?

This post has been edited by Ramjade: Nov 15 2016, 09:47 PM
Ramjade
post Dec 15 2016, 09:27 PM

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QUOTE(Cherry16 @ Dec 15 2016, 08:50 PM)
Unfortunately no success to open Std Chart during my recent trip to Spore.    cry.gif

Tried to open at Std Chart (2 branches),  Maybank and DBS.  All insist on employment permit.  For MBB, even if having MBB account in Msia also rejected.  Was informed this year especially, they have tightened the account opening.

Luckily managed to open MCA with DBS after telling them that i have existing CDP account, though this does not work with MBB and Std Chart.  FYI, those who wish to open MCA at DBS to take advantage of depositing physical foreign currency must do it ASAP because starting next year January, they will charge fee on deposit or withdrawal of foreign currency.  The fee was not yet announced at the point when I opened the account.

Happy to say it is still not a wasted trip as also managed to open Maybank KE trading account and Philip Capital trading account as well.

Thanks to all sifu who have shared in this forum. notworthy.gif
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This is very bad news. Hopefully my Maybank application via Malaysia can go through (Maybank Malaysia have this option).
Ramjade
post Dec 15 2016, 09:58 PM

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QUOTE(prince_mk @ Dec 15 2016, 09:53 PM)
Why not open dbsV?
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My parents didn't let me go down to Singapore. They told me will only go down with me if Maybank cannot be open from malaysia side. Also, I think my chance are hard. sad.gif I am not working yet. Still student.

This post has been edited by Ramjade: Dec 15 2016, 10:10 PM
Ramjade
post Dec 15 2016, 10:11 PM

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QUOTE(Cherry16 @ Dec 15 2016, 09:49 PM)
Good that you apply via MBB Msia, as they may give you reference.  Now that you mentioned, bank in Spore ask for reference from bank in Msia.  Do update us of your status, ya.
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Result can only be known one month later. sweat.gif 1 week after my final year result is announced. sad.gif
Ramjade
post Dec 17 2016, 08:15 AM

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QUOTE(ryan18 @ Dec 16 2016, 10:10 PM)
looks like SG is really tightening it up
in 2015, when i opened my DBS account at DBS main branch in MBFC, no questions asked as I said that I wanted to open a brokerage account

not sure if this opening of Maybank SG iSavvy account in Maybank Malaysia is still available,but they increased their minimum deposit to SGD5000!(last year it was SGD500 only) http://www.maybank2u.com.my/en/personal/de...ings/savvy.page
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Damn I submitted SGD1k only. Didn't know about the SDG5k

QUOTE(prince_mk @ Dec 17 2016, 08:00 AM)
Instead of bank, have anyone using money changer to transfer money to Sg acc? Reliable ?
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Will give it a try if my Maybank application is approved. You can give it a try with SGD100-200.

This post has been edited by Ramjade: Dec 17 2016, 08:23 AM
Ramjade
post Jan 14 2017, 09:12 AM

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DBSV have been approved thumbup.gif Teach me sifus notworthy.gif
Ramjade
post Jan 15 2017, 03:17 PM

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Guys, what's your opinion about SGX S-REIT 20 index ETF? It tracks the 20 biggest REITS listed on SGX. Is it available for buying? Is it worth buying instead of buying 1 REIT at a time? hmm.gif
Ramjade
post Jan 15 2017, 06:32 PM

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QUOTE(prince_mk @ Jan 15 2017, 04:55 PM)
Got such ETF? what s d ticker code ?
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Not sure if this is the symbol REIT2.SI
Ramjade
post Jan 15 2017, 09:19 PM

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QUOTE(gark @ Jan 15 2017, 08:44 PM)
In my opinion is not worth it, unless you are super lazy and want worry free investing.

Reason is the etf have to pay 17% tax on dividends recieve and after management fees, you are left with a low divvy rate. The etf is currently giving only about 4+% divvy vs ~6% if you invest yourself into your own same basket of reits.
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That's true. I saw that. But I saw that SGX is trying to work something out so that people have access to it.
Ramjade
post Jan 16 2017, 11:22 AM

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QUOTE(gark @ Jan 16 2017, 11:03 AM)
The reit ETF will not opt for drip, but will handle any rights issue for you.

SGX Counter Name
PHLP AP DIV REIT US$ - Stock Code : BYI

SGX Counter Name
PHLP AP DIV REIT  S$D - Stock Code : BYJ

Bloomberg Tickers
PAREIT (US$)
PAREITS (SG$)
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I am not talking about the Philip as it's not worth it. Returns only 4.5% sad.gif I am talking about the S-REIT 20 index. But I am not sure about the code.
Ramjade
post Jan 21 2017, 08:39 PM

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Guys, I would to ask how is the dividend given for S-REITS? Will it be in
1) Cheque form
2) Bank straight into your trading account?

I am going to use DBS V but currently still waiting for the login letters.
Ramjade
post Jan 25 2017, 04:17 PM

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QUOTE(gark @ Jan 25 2017, 02:18 PM)
Not all reits.. my favorite REIT which is first reit is reporting 2% increase in DPU.  rclxms.gif

I expect LMIR to announce raise in DPU as well, as IDR has strengthen against SGD for the past year.
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Lippo Mall good? SOme people here said stay away from Indon REITS wo confused.gif
Ramjade
post Jan 25 2017, 05:25 PM

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QUOTE(gark @ Jan 25 2017, 05:17 PM)
If you want to play indon reits, you need to monitor sgd/idr movement.
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How does Lippo stacks up against CMT/FCT?
Ramjade
post Feb 2 2017, 04:10 PM

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Wonder if my queue will go through or not...
Ramjade
post Feb 3 2017, 03:39 PM

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QUOTE(prince_mk @ Feb 3 2017, 03:37 PM)
u will get notification on the same day whether done or not done.
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So far only 2 out of my 5 queue went through...
Ramjade
post Feb 3 2017, 03:54 PM

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QUOTE(prince_mk @ Feb 3 2017, 03:46 PM)
what counters do u go in ? rclxms.gif
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CapitaLand Mall Trust and Mapletree Commercial Trust. Trying Keppel DC, Aimsamp and FCT, no luck sad.gif

Ramjade
post Feb 3 2017, 04:25 PM

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QUOTE(prince_mk @ Feb 3 2017, 04:13 PM)
I have not buy any. wait after CNY then can go in. Cash flow is tight.
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Trying to make use of DBS V promo. biggrin.gif
Ramjade
post Feb 3 2017, 04:28 PM

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QUOTE(prince_mk @ Feb 3 2017, 04:26 PM)
the promo till when ?
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Until 30/6
Ramjade
post Feb 3 2017, 05:07 PM

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QUOTE(CP88 @ Feb 3 2017, 04:56 PM)
What promo? Mind to share the link and info. Thanks,
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DBS Vickers Cash Upfront 0.12%/SGD10 per traansaction plus SGD5 rebate

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