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 Singapore REITS, S-REITS

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elea88
post Sep 11 2013, 10:11 AM

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QUOTE(Vector88 @ Sep 10 2013, 10:16 PM)
Great.. tot of going to SG to settle both savings and trading acc on the same day... doable?
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however the DBS savings account, need to update regularly? meaning, hv to make appearance on annual basis to
Sg just to do banking transaction? or it will be DORMANT account? or is the banking account operational online?

How about opening a MAYBANK ac Singapore? can the Maybank account be updated LOCALLY?

Any idea?

I am tabulating the COST difference of buying REITS by opening an ac in Singapore versus
buying via APEX E TRADE.
elea88
post Sep 13 2013, 11:04 AM

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QUOTE(gark @ Sep 12 2013, 06:21 PM)
I keep in DBS acct, yes have to go to SG to open account. One time only, after that everything can do by internet banking...

Take night train from KTM cheap... tongue.gif
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Sorry, silly question.. how to bank in and take out money from the SG BANK AC from Malaysia?

How to pay for the online shares?

and dividend received is automatically banked into the SG BANK AC... right?

How to take out the money without going to Singapore?
elea88
post Sep 17 2013, 10:33 AM

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QUOTE(gark @ Sep 13 2013, 11:12 AM)
1. To put money. TT from Malaysia bank to SG Bank - Cost RM 10 + forex.

2. Using DBS online account, the payment will be debited from your savings account as long as DBS Vickers is linkedto your account. Sales procceds and dividend also go back to your savings account.

3. To take out money. Online TT from SG Bank to MY Bank  laugh.gif
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THANKS SO MUCH FOR YR REPLY. now i understand.
elea88
post Sep 18 2013, 04:25 PM

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QUOTE(gark @ Sep 13 2013, 11:12 AM)
1. To put money. TT from Malaysia bank to SG Bank - Cost RM 10 + forex.

2. Using DBS online account, the payment will be debited from your savings account as long as DBS Vickers is linkedto your account. Sales procceds and dividend also go back to your savings account.

3. To take out money. Online TT from SG Bank to MY Bank  laugh.gif
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the dividend will be banked into the savings account. Will they mail us the vouchers? or annual report etc?
elea88
post Sep 24 2013, 10:47 AM

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QUOTE(gark @ Sep 18 2013, 05:37 PM)
Voucher yes, Annual report download from SGX website ler.  tongue.gif
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What about taxation? any withholding tax that we need to claim back? or tax that we need to declare?
elea88
post Sep 24 2013, 02:00 PM

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QUOTE(gark @ Sep 24 2013, 12:53 PM)
Invest in SG lor.. easy only mah... tongue.gif
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Thanks Gark.
I intend open DBS with DBS VICKERS brokerage SGD18. next month making a trip to Singapore.


any idea what is the TT rate from MAYBANK kl OR OTHER LOCAL banks to DBS charges?

and vice versa? have u done it before?
elea88
post Sep 25 2013, 11:43 AM

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QUOTE(gark @ Sep 24 2013, 02:21 PM)
CIMB Charges RM10 (Mine FOC laugh.gif ), Maybank not sure + Forex. DBS charges SGD10 handling fee for Inward TT. (Total RM10+forex+SGD10)

DBS to MY Bank charges, SGD 25 + forex. Price already include MY handling fee. (Total SGD 25+forex)

If you transfer more than RM 10k, remember to make your declaration to BNM as "Investment".

Cheapest way is change at money changer and bring cash to SGD, max cash you can bring cross border is USD10k, no need declaration.

Or use MY money changer to exchange and deposit to your SG DBS account and vice versa. Free but you must trust the money changer... wink.gif Many money changer provide this 'underground' transfer service...
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If you transfer more than RM 10k, remember to make your declaration to BNM as "Investment". - where to declare this?
per time transfer of RM 10K? Below 10k no need declare?

i can use CIMB to transfer to SG. not worth the risk to be carrying so much cash to SG. I intend to bring only SG2K+ which is the minimum requirement to open the ac.

anyway, thanks so much for your reply, Gark.
elea88
post Sep 25 2013, 12:17 PM

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dividend from SINGAPORE REITS

Can someone help me with a link for when dividend being declared for Singapore Reits.. I could not find it ...
Something like the dividends ex-date?
elea88
post Sep 26 2013, 12:42 PM

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QUOTE(gark @ Sep 25 2013, 07:04 PM)
At the bottom of the TT form under declaration, under item 7. Usually 'Investment' or "Equity Investment' or 'Savings' will not attract too much attention from BNM, and the furthermore declaration is true, so you wont get in trouble. 1 declaration for every 1 overseas TT transfer above RM10K. Avoid transferring more than RM 100k/transfer otherwise will be under BNM spotlight, split to several transfers. Transfers less than RM 10K no need to declare.

The customer service can guide you through filling the form. Remember to put the DBS swift code & address of the branch where you open your account (get all the info when you open). Open account, and deposit more than 5k SGD, otherwise SGD2 per month charges.

Carrying cash is safer than you think... put inside hand luggage, make sure total less than USD10k, otherwise have to make custom declaration. I am used to carrying bags of cash across border so it is ok for me...  laugh.gif
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thanks so much for the INFORMATION - GARK,. meaning TT cannot do online. Hv to go to the bank.... ?
elea88
post Sep 27 2013, 08:10 AM

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QUOTE(gark @ Sep 26 2013, 06:34 PM)
Usually I go bank, my RM will fill in for me, and I just sign.. cause online TT can only do less than 10K transfer (hence no need declaration)...
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thanks again. This week finding time to do homework, on what SREITS to invest in, which reits not yet give dividend for the year....
afterall, in it for the dividend returns. Any recommendations?
elea88
post Sep 27 2013, 11:50 AM

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QUOTE(prophetjul @ Sep 27 2013, 10:00 AM)
You will have to go to sgx site to look at each reit for that.
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i am looking for something like this for SINGAPORE SHARES.
so, can monitor when declare dividend, when ex date and when payment date.
this link below, i use for Malaysia .

http://www.icapital.biz/english/beforeexdate_2.asp?sort=d
elea88
post Oct 9 2013, 04:04 PM

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QUOTE(gark @ Sep 24 2013, 12:53 PM)
Invest in SG lor.. easy only mah... tongue.gif
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Just to share, for those interested to open ac in Singapore. I managed to open the DBS IBANKING AC on Monday. Took the morning bus , arrived at 1pm.. reached bank at 3pm. Went over to DBS HQ.. @ MARINA BAY FINANCIAL CENTRE.

Finished both opening account at 5pm. The bank account is immediate, however for DBS VICKERS, just fill in all forms and they will
notify in a week time via pos if successful or not. As need to open CDP account too.

Both bank and broker is on the same floor.

For those not intending to spend money in Singapore, can actually take the evening bus back. I heard, the bus is every hourly...

Very enjoyable bus ride... Watched 2 movies on the way there.
However, i stayed 2 nites and came back home by flight.
elea88
post Oct 10 2013, 08:15 AM

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QUOTE(cwhong @ Oct 9 2013, 07:28 PM)
Minimum amount to open?
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No need to bank in any money when u open the account. However, they will charge SGD2 the following month if balance is below SGD 5K.
elea88
post Oct 18 2013, 07:35 AM

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QUOTE(AVFAN @ Sep 10 2013, 02:30 PM)
nod.gif tis 1 veli tempting!
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http://mystocksinvesting.com/singapore-sto...nical-analysis/
Lippo Mall on downtrend... and distribution yield follow Reduce.

I am thinking of collecting some at this point SGD0.445. Any comments for discussion?
elea88
post Oct 24 2013, 08:42 PM

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Suntec REIT Distributes DPU of 2.289 cents for 3Q FY13
YTD FY13 DPU of 6.766 cents

http://infopub.sgx.com/FileOpen/Suntec-3QF...t&FileID=260980
elea88
post Oct 29 2013, 08:36 AM

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QUOTE(king_majesty @ Oct 28 2013, 09:47 PM)
anyone subscribe to VIVA Industrial Trust? got some allocation today.
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How to subscribe? I got SINGAPORE CDP and DBS VICKERS ONLINE.

elea88
post Oct 29 2013, 08:46 AM

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QUOTE(jasonkwk @ Oct 29 2013, 08:41 AM)
elea88, Are u a Singapore Citizen or Singapore PR? how do u apply Singapore CDP account?
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i am from SELANGOR. Take a trip to Singapore and open DBS BANKING AC, DBS VICKERS TRADING AC + CDP
all in 2 hours.... However, i hv not started to trade as still slowly analysing how to use the TRADING PLATFORM of
Dbs Vickers. Brokerage SGD18 and any dividend u receive, will be bank directly to yr DBS ac. so, u can save
charges long term. If u interested, I can walk u through the procedures as just did this 3 weeks ago.
elea88
post Oct 29 2013, 01:48 PM

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QUOTE(jasonkwk @ Oct 29 2013, 12:22 PM)
Thanks, I read through your old post, u mentioned u deposit 5K SGD into DBS to open account, then I understood what u mean.I don't want tie down my 5K SGD for little interest of 0.05% pa. I am thinking of other ways.
I am thinking should I keep using my Malaysia broker platform to buy or open a new platform in Singapore to buy Singapore REITS.
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U can just let the bank charge SGD2 a month.. which works up to $24 x 2.6 = RM62.40
in long run, if hv few cheques frm REITS paid quarterly, then worth it.

BTW : 0.05% pa?... i understand that there is no interest being paid for DBS iaccount.

If u are using local brokerage there is a charge for everytime u bank in a Singapore cheque
or if the broker bank in the cheque for you. That's the reason, that I zip over there to maintain a bank ac there.

Alternative try STAND CHART, the brokerage is lower, but nominee ac.





elea88
post Oct 31 2013, 05:40 PM

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Saizen : 5-to-1 Unit Consolidation

http://infopub.sgx.com/FileOpen/20131030_N...t&FileID=261930

If got 1000 units then will be 200 unit. In Singapore how to sell 200 units?
elea88
post Oct 31 2013, 05:42 PM

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QUOTE(elea88 @ Oct 31 2013, 05:40 PM)
Saizen : 5-to-1 Unit Consolidation

http://infopub.sgx.com/FileOpen/20131030_N...t&FileID=261930

If got 1000 units then will be 200 unit. In Singapore how to sell 200 units?
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O.k I found the answer.. for anyone who might be interested...

To facilitate Unitholders in trading in odd lots of Consolidated Units which may arise
from the Unit Consolidation, the Manager has made arrangements with the SGX-ST for the
establishment of a temporary trading counter for the trading of board lots of 100
Consolidated Units for the period starting from 9.00 a.m. on the Effective Trading Date and
ending at 5.00 p.m. on 3 January 2014 (the “Unit Consolidation Odd Lot Counter”). At the
expiry of such period, the Unit Consolidation Odd Lot Counter will cease and the
Consolidated Units will trade in board lots of 1,000 Consolidated Units and Consolidated
Units in odd lots will have to be traded in the Unit Share Market.
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