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 Singapore REITS, S-REITS

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ShinG3e
post Nov 6 2014, 06:30 PM

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Hi guys,

Let's say one of the SGX REITS issue div, what would the procedure be like?

do they charge any fee for transferring the dividend to your bank acc (msia bank acc)?
ShinG3e
post Nov 6 2014, 07:41 PM

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QUOTE(AVFAN @ Nov 6 2014, 07:30 PM)
if u are with msia based nominee account, sg dividend paid to this nominee acc will cost u something.
cimb charge flat sgd10 for each div payout.
so, if u get a small div, say sgd30, 1/3 is gone.
maybe other brokers charge less, i dunno...
*
i see.

thanks for the explanation. laugh.gif will email the brokerage firm to know more about this. at least much more clearer what to ask them.
ShinG3e
post Nov 7 2014, 11:22 AM

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QUOTE(AVFAN @ Nov 6 2014, 07:30 PM)
if u are with msia based nominee account, sg dividend paid to this nominee acc will cost u something.
cimb charge flat sgd10 for each div payout.
so, if u get a small div, say sgd30, 1/3 is gone.
maybe other brokers charge less, i dunno...
*
according to my broker which is HLE Broking...

They mentioned that

All foreign dividends will be credited into your trust account. There are no charges involved.

so nice? blink.gif

EDIT:

They mislead. They resend another email. lol.

All foreign dividends will be credited into your trust account. Should you have Multi Currency Settlement, dividends will be credited into your trust account in SGD. You may refer to My Account >> Transactions >> DN/CN (Currency: Singapore Dollars) Please refer below for the charges on foreign dividend charges:




Agent Handling Charges SGD6.00

Bank Charges SGD0

Our Handling RM10


shakehead.gif








This post has been edited by ShinG3e: Nov 7 2014, 11:25 AM
ShinG3e
post Jan 8 2015, 07:34 PM

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QUOTE(nexona88 @ Jan 8 2015, 06:29 PM)
malaysian buying Sreits for dividend sweat.gif
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hmm.gif what do you mean?
ShinG3e
post Jan 16 2015, 01:31 AM

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QUOTE(elea88 @ Jan 15 2015, 11:09 AM)
Wait for 19th JAN.. when board lot size reduce to 100 units.

Then maybe I gonna diversify to non reits...
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after reducing board... will there be any brokerage fee reduction? tongue.gif
ShinG3e
post Jan 28 2015, 05:38 PM

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QUOTE(elea88 @ Jan 28 2015, 04:03 PM)
brokerage.. SGD 18 min for buy only.
when sell is SGD25 min

suitable for me.. coz so I seldom sell...
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QUOTE(davidcch07 @ Jan 28 2015, 04:08 PM)
wow... very cheap compared with ocbc... sell /buy same .. min $25 sad.gif
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so lucky.

mine USD30 when i bought alibaba few months back. yawn.gif
ShinG3e
post Jan 28 2015, 05:47 PM

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QUOTE(AVFAN @ Jan 28 2015, 05:42 PM)
sgd 25, 28, 30... or usd 25, 28, 30...

small impact money if u r not fast n furious daily trader. manageable. smile.gif
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Yea. So i would need to add in another USD30 when I sell... sad.gif

should be fine since i'm not a daily trader as you mention smile.gif
ShinG3e
post Aug 19 2015, 05:19 PM

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QUOTE(MoneyMaker prince @ Aug 19 2015, 12:17 PM)
Can I know how you guys buy S-Reits in Malaysia?
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thru local broker such as ambank securities, malacca securities, kenanga maybank etc
ShinG3e
post Aug 19 2015, 07:04 PM

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QUOTE(MoneyMaker prince @ Aug 19 2015, 06:27 PM)
Oh really? I never know that maybank can buy S-Reit. Thanks
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can.

but kindly take note that it is rather expensive to buy S-reits using local brokerage.

preferable if you have a SG brokerage account.
ShinG3e
post Aug 19 2015, 07:31 PM

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QUOTE(value_investor @ Aug 19 2015, 07:08 PM)
Agree. I opened account with DBS in Singapore then transfer my SGD over. You can then transfer from DBS to Vickers or Phillip Securities.
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hello.

are you a SG PR or holding SG working permit?

or just cross border with hard cold cash and open DBS bank acc? laugh.gif
ShinG3e
post Aug 20 2015, 01:11 PM

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QUOTE(value_investor @ Aug 20 2015, 07:12 AM)
Im Malaysian, I brought cold hard cash into Singapore often, then change my ringgit into sgd at JB or lucky plaza for better rate. Or sometimes I transfer to my HSBC SG from my HSBC MY dual currency account, subsequently transfer to my DBS.

DBS accept Malaysians without being resident.
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btw, what is the minimum deposit for your acc and what is the name? biggrin.gif
ShinG3e
post Nov 9 2016, 04:15 PM

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QUOTE(AVFAN @ Nov 9 2016, 11:19 AM)
i will wait till tmrw, at least.

tonight we'll see the full blast of a likely trump win.
which ones very red? my watchlist, -1, -2 cents only...
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hi avfan

can PM me your watchlist (Sreit)? biggrin.gif
ShinG3e
post Nov 9 2016, 04:57 PM

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QUOTE(elea88 @ Nov 9 2016, 04:17 PM)
AVFAN watch list wll be KEPPEL DC, CAP MALL , CAP COM & AIMS..

haha.. busy body. Answer on behalf.

AVFAN - Correct answer?
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QUOTE(AVFAN @ Nov 9 2016, 04:19 PM)
My list is short, always.

Aims
Starhill
Keppel dc
Capmall
Capcomm
Suntec

At this time, trump win has not hurt them.

May rise tmrw! laugh.gif
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many gracias. biggrin.gif
ShinG3e
post Nov 15 2016, 05:15 PM

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Hi guys,

Anyone here is using SG Maybank Kim Eng brokerage services? How's their trading website ya? User friendly? biggrin.gif

Yet to decide which broker firm that offers a friendly user web.

This post has been edited by ShinG3e: Nov 15 2016, 05:15 PM
ShinG3e
post Dec 12 2016, 12:17 PM

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QUOTE(wjchay @ Dec 10 2016, 08:13 AM)
Depends on your investments style, if u buy small amounts, forumers here recommend standard chartered, lower brokerage, but for me, I'm fine with 0.18%, I'm using KE.
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how's KE interface? user friendly? easy navigation? alot of resource tools? tongue.gif

interested to know more.
ShinG3e
post Jan 19 2017, 04:48 PM

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QUOTE(kyone @ Jan 18 2017, 07:08 PM)
I put order on 8pm yesterday and it went on queue at 9am today, but my order wasn't processed at the end of the day.  sad.gif

So how to increase the chance of successful transaction without lifting the unit price?

I'm using KE btw.
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common issue when it comes to purchasing SREITS. biggrin.gif

keep trying. either adjust your entry price or maintain it if you are not in a hurry.
ShinG3e
post Feb 20 2017, 06:11 PM

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QUOTE(elea88 @ Feb 20 2017, 09:49 AM)
will do the same. Will open MAYBANK KE nominee. Any idea if can do online?
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yes it can be done. i opened it via online and they sent me the documents via mail.

QUOTE(Ramjade @ Feb 20 2017, 10:01 AM)
Don't think so. Asking them do I need a Maybank account or a Maybank account is not needed (send the email yesterday). No reply yet. If by mail I think need to have everything verify by commission of oath (as in the case of Philip). Not sure if they let use do my mail or not. I am heading down to SG again in March to deposit money  biggrin.gif

https://eforms.maybank-ke.com.sg/page-2.html
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i managed to open an account with them WITHOUT commission of oath signature somehow. but it depends on the relationship between you and the broker. whistling.gif
ShinG3e
post Mar 28 2017, 10:30 AM

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QUOTE(gark @ Mar 27 2017, 11:53 AM)
No.. I report zero malaysia income, but I buy Malaysia asset.. so free kopi at LHDN.  flex.gif

They might be doing background check on all related incomes.. to justify asset purchase.  tongue.gif  tongue.gif
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that's the keyword. tongue.gif
ShinG3e
post Mar 29 2017, 01:26 PM

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QUOTE(gark @ Mar 29 2017, 01:16 PM)
What is current witholding tax % for ASX? I forgot..  tongue.gif

You should start a ASX reit thread.. so all the info can be at one place for discussion.  thumbup.gif
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yes please. tongue.gif
ShinG3e
post Apr 1 2017, 11:24 PM

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QUOTE(kart @ Apr 1 2017, 11:16 PM)
1) Do you all make your own Excel spreadsheet, or use a pre-made spreadsheet, to calculate the average cost of S-Reits units you are holding? After all, once the current price of the units exceeds the average cost, we start to make profit.

2) Do you use weighted average formula to determine the average cost?

Example:

Share price on 27 March: SGD 1.30. Bought 2000 units.

Share price on 28 March: SGD 1.80. Bought 1000 units.

Average cost of the units = SGD (1.30 x 2000 + 1.80 x 1000) / (2000 + 1000) = SGD 1.47

Correct me, if I am wrong. Thank you.  smile.gif
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i create my own excelsheet.

edit: sorry forgotten the top part.

guys feel free to reco what info to add inside. basically its just to keep track of yield% and berapa is the div.

example:

This post has been edited by ShinG3e: Apr 1 2017, 11:26 PM


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