Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Singapore REITS, S-REITS

views
     
TSOM
post Feb 13 2014, 07:25 AM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(AVFAN @ Jan 29 2014, 11:19 AM)
yes, i use cimbitrade. take note the info u see online is 10min lag unless u subscribe n pay for a real time service.

3. not sure if for all, but is 0.42% <rm100k, 0.275% >rm100k, min sgd25. plus some other minor misc fees. u can ask broker to furnish u the table.
*
10 minutes later?? hmm.gif then got arbitrage opportunity?? drool.gif

what are the clearing fees and stamp duty??

Is it cheaper/better to open a bank & trading account in Sg to do Sg trading?
TSOM
post Feb 13 2014, 08:15 AM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(elea88 @ Feb 13 2014, 07:42 AM)
i open sg bank & trading in Singapore recently with DBS BANK.
brokerage SG18 min.
Do everything online. Buy and sell....
So far quite efficient.
*
thanks for the info. Above minimum charge, how much in %??

I assume no stamp duty and clearing fee like in Bursa Malaysia?? hmm.gif
TSOM
post Feb 14 2014, 10:46 AM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(elea88 @ Feb 13 2014, 09:25 AM)
sure got... all the charges.check here

http://www.dbsvonline.com/English/index.as...sp&SubMenuLink=
http://help-your-money.blogspot.com/2011/0...-singapore.html
pls note risk with DBS. can buy. but sell i am not sure how. Apparently, when sell, the brokerage rate is different.
So, far, I only invested in REITS for dividend collections.

http://help-your-money.blogspot.com/2011/0...ine-shares.html
maybe u can check this out too.. much cheaper.
But with STD CHART, u need address in SINGAPORE to open an account.
*
Thanks!!

I saw the reviews on StandChart's platform, apparently not so good. sad.gif
their brokerage fee is quite attractive though. Too bad I'm not a premier banker in Singapore.

Will probably get a DBS Vickers soon. smile.gif
TSOM
post Feb 20 2014, 02:27 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
do most singaporeans rent their accommodation or try to own one like Malaysians??
TSOM
post Feb 20 2014, 05:10 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(AVFAN @ Feb 20 2014, 04:47 PM)
wat has that got to do with sg reits?
*
just wondering whether to invest in housing REITs, to gauge the demand.
TSOM
post Feb 21 2014, 01:18 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(tigana @ Feb 20 2014, 05:52 PM)
Usually REITS own properties to be rented to businesses, like shopping mall, warehouse, office.
(these guys don't mind paying huge rent)
Some REITS own hotels.
Very few REITS (service apartment) actually rent to normal individuals.
*
I see.

Thanks. sweat.gif sweat.gif
TSOM
post Jul 1 2015, 03:57 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
do most of you use Singaporean brokers or use Malaysian brokers with access to Singapore stock exchange?
TSOM
post Jan 25 2016, 10:24 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
is the REIT market in Singapore generally better than in M'sia?
TSOM
post Jul 29 2016, 12:41 AM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
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?
TSOM
post Jul 29 2016, 11:30 AM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(Sandy2028 @ Jul 29 2016, 09:55 AM)
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. 
*
for this, I need to be physically in Singapore??

QUOTE(Sandy2028 @ Jul 29 2016, 09:55 AM)
SCB charge 0.02% n clearing fees 0.00325% with a minumum broker fees of S10 effect 1/8/2016 for normal acc holder.
*
thanks for the info. This looks good.

QUOTE(Sandy2028 @ Jul 29 2016, 09:55 AM)
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.
*
but I think we need to subscribe to overseas stock exchange before we can trade stocks outside Malaysia, right?
and also need to maintain a foreign currency bank account for SGD which usually charges USD$4 per transaction, I think?
TSOM
post Aug 29 2016, 10:40 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(elea88 @ Aug 24 2016, 01:47 PM)
i started in 2013 with

AIMS AMP Capital Industrial REIT (O5RU)
http://www.sgx.com/wps/portal/sgxweb/home/...facts?code=O5RU
Div returns about 8% per annum....
03/Aug/2016 22/Sep/2016 Multiple Dividends S$ 0.028
06/May/2016 22/Jun/2016 Multiple Dividends S$ 0.029
04/Feb/2016 23/Mar/2016 Multiple Dividends S$ 0.029
04/Nov/2015 23/Dec/2015 Multiple Dividends S$ 0.028
04/Aug/2015 23/Sep/2015 Multiple Dividends S$ 0.028
06/May/2015 24/Jun/2015 Multiple Dividends S$ 0.029
04/Feb/2015 26/Mar/2015 Multiple Dividends S$ 0.028
05/Nov/2014 23/Dec/2014 Multiple Dividends S$ 0.028
05/Aug/2014 23/Sep/2014 Multiple Dividends S$ 0.025
14/May/2014 24/Jun/2014 Multiple Dividends S$ 0.025

However, No capital appreciation... My entry price way back in 2013 is still 1.40+......

if u want DIV and also CAP RETURN over time.. maybe can consider

the 2 CAPITALS....CAPCOM & CAPMALL .. but less div.

Reits can close eye buy... if your TIME HORIZON is long..
*
hmm, I wonder if buy a property in Singapore, can get 8% return per year or not.... hmm.gif
TSOM
post Apr 4 2017, 11:46 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
I'm interested in S-REITs. Do most of you open a trading + bank account in Singapore or just trade using malaysian trading accounts (like Maybank etc) with access to foreign stock market?
TSOM
post Apr 5 2017, 12:34 AM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(AVFAN @ Apr 5 2017, 12:26 AM)
what maintenance fee r u talking about?
*
how much do you pay in fees for each trade at iTrade CIMB??

and have to pay for the access to foreign stock exchange, right??
TSOM
post Apr 5 2017, 01:16 AM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(Ramjade @ Apr 5 2017, 01:01 AM)
This was what I managed to dig dry.gif  rolleyes.gif Hope it help you  icon_rolleyes.gif
*
wah.... from 2013??? Thank you!!!!!! notworthy.gif notworthy.gif
have to really give you a LIKE!!

I'm familiar with the fee structures in Singapore as I've read that up ages ago, it's just that I wasn't familiar with trades from the malaysian side. Thanks!
TSOM
post Apr 5 2017, 01:05 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(Vector88 @ Apr 5 2017, 11:11 AM)
The platform I am using, itrade@CIMB, is charging SGD 10 per dividend / per stock. So if a REIT is paying 4 times dividend per year, it cost SGD 40 per annum to "maintain" that particular REIT... So far it is quite reasonable/acceptable to me, as I usually don't hold more than 5 reits at any point in time... so cost to me is SGD 200 per year, ie: around RM 600 per year... (actually it is about RM300-400 per year for since some reits that I hold like Croesus, Keppel DC, are paying 2 times dividend per year)
*
Thanks for the info. Are there any other charges in addition to this?

How do you convert your funds in RM to SGD?? Is it automatically done by iTrade and rate determined by CIMB?
and when you receive the dividend in SGD, what happens to the dividend? Converted back to RM?

QUOTE(wongmunkeong @ Apr 5 2017, 11:47 AM)
Just to share:
I've transferred from iTrade to TDASG (TDAmeritrade SG - rebranded from TDAA) all my US stocks
Thus, should be do-able for SG stocks too - ie. iTrade to SG broker.
*
Did you have to pay anything to transfer your stocks to another broker?

QUOTE(gark @ Apr 5 2017, 11:54 AM)
Not directly only ETF.. US shares dividend kena 30% tax..  sweat.gif
*
actually I've questions about ETF. At one point, I wanted to buy gold ETF.

but there's something called mmgt/admin fee, right? Do you pay this yearly??
TSOM
post Apr 5 2017, 11:02 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(Ramjade @ Apr 5 2017, 10:37 PM)
wow!! Breaking Petronas.... not something ppl blog often on websites...

I can't believe someone worked with Petronas couldn't save RM 35k in 5 years.... hmm.gif
that's RM7k per year, RM 600 per month.

He should be able to save more during the first 2 years with Petronas.
TSOM
post Apr 5 2017, 11:48 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(wongmunkeong @ Apr 5 2017, 01:55 PM)
1. iTrade or HlLeB will convert RM to SGD as necessary, following their rates, to pay for BUYs.

Dividend received will remain in SGD if U opted to have multi-currency account.
*
QUOTE(Vector88 @ Apr 5 2017, 02:04 PM)
No other maintenance charges or mgmt/admin fee, just the one that I mentioned in my post, ie: SGD 10 per dividend per stock. Other standard charges are the brokerage charges when you buy or sell, for itrade@CIMB it is 0.42% per transaction (same as local stock I think)

Ya, one of the advantages of using local broker like CIMB is there is NO TT charges to transfer RM to SGD, or vice versa. It is using standard CIMB exchange rate when you want to convert. When you receive dividend, you can retain it in SGD, no need to convert back to RM.
*
my local stocks' brokerage fee is 0.1% or mininum RM8, not 0.42%. smile.gif

btw, how to access the live Singapore stocks trading platform? Need to pay a subscription fee to iTrade right?

need to pay extra fees to maintain the multi-currency account right?? I remember they charge USD$4 per transaction in multi currency accounts in Maybank and HSBC.

actually I've seen a couple of fee-free money transfer from Malaysia to Singapore, as long as it's the same bank. For example, Maybank (M) to Maybank (S'pore) or CIMB (M) to CIMB(S'pore). Not sure if it's still the case now.

 

Change to:
| Lo-Fi Version
0.0461sec    0.29    7 queries    GZIP Disabled
Time is now: 28th November 2025 - 08:39 AM