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 Singapore REITS, S-REITS

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Sandy2028
post Jul 29 2016, 09:55 AM

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QUOTE(TSOM @ Jul 29 2016, 12:41 AM)
how do most of you trade SREITs?

via local broker or open 1 bank acc & trading acc in Singapore? Would opening a bank acc & trading acc in S'pore be cheaper compared to trading directly via m'sian broker?
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It is advisable to open a trading account thro Singapore stock broker or thro bank likes SCB singapore who claim charge lower rate than normal rate besides those privileged account holder who will enjoy better rate.

SCB charge 0.02% n clearing fees 0.00325% with a minumum broker fees of S10 effect 1/8/2016 for normal acc holder.

Alternatively u think u r not trading big sum n traded once in a blue moon then go thro yr local broker which will charge higher n other service charge if u received dividend thro their nominee acc, if I am not wrong.
Sandy2028
post Jul 31 2016, 10:04 PM

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QUOTE(TSOM @ Jul 29 2016, 11:30 AM)
for this, I need to be physically in Singapore??

I went there to open a Singapore joint acc with my daughter who is a PR. If I am not wrong u can still open a sole account with a minumum of S $50Kwith certain terms n condition.

thanks for the info. This looks good.
but I think we need to subscribe to overseas stock exchange before we can trade stocks outside Malaysia, right?

U  need to check with yr local broker/banker that u wish to trade in Singapore shares whereby they will advise u. 

and also need to maintain a foreign currency bank account for SGD which usually charges USD$4 per transaction, I think?
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