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 Singapore REITS, S-REITS

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gark
post Aug 30 2013, 03:23 PM

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QUOTE(yok70 @ Aug 6 2013, 12:53 AM)
one concern is ringgit now at low point but S$ at high point. we may loss 5% or so when both currency stabilize (ringgit rebound, S$ consolidate)?  hmm.gif
s-reit now do looks yummy. however, i hated that by trading through cimb itrade, they even charged for dividend payment! not cheap also, if only small holdings, may be as high as 10-15% since they got a min charge fees.
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Buy through DBS Vickers lar.. 0.18% min $18 tongue.gif Malaysian welcome to apply... e-dividend straight to DBS savings account

This post has been edited by gark: Aug 30 2013, 03:25 PM
gark
post Sep 10 2013, 10:12 PM

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QUOTE(Vector88 @ Sep 10 2013, 10:10 PM)
Taikor.. how to open DBS Vickers trading acc? Can open at DBS branch ar?
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Can.... but first must open dbs saving account and e banking. Then can link into vickers.
gark
post Sep 10 2013, 10:22 PM

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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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Yep should be able to.... they will give you a pin generator for internet access. Min 2k sgd to open acct, bring passport, ic, bills confirming your address.

Best give a call or email them for the requirements and documents just in case got changes. Last time i did it was through thier main branch at thier hq.

This post has been edited by gark: Sep 10 2013, 10:25 PM
gark
post Sep 10 2013, 11:24 PM

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QUOTE(wongmunkeong @ Sep 10 2013, 11:06 PM)
erm... methinks it depends.. on what its majority debt's currency is based on

AVFan
On the Rupiah vs SGD, methinks it's similar to the Q where a forumer was asking in REITs topic/thread, something like:
"If i buy SG REITs, can i make more than MY REITs since SGD higher exchange than RM?"
it doesn't matter the exchange rate coz DY% is based on cost paid
thus if i paid SGD$1 and get 10%
VS
i paid MYR$1 and get 10%
which higher profits?  doh.gif
Similar to buying Indonesia REITs in SGD right?
higher SGD buys more rupiahs, thus the "cost" is cheaper? huh? or rupiah so weak against SGD, worth it ar?
hehe i'm no ForEx expert yar, just basing on common-sense where if one pays $x, get worthwhile y%, i dont care what currency as long as it's a usable currency.
eg.
SGD $10 to $1 DonkeyDollar (factitious) - weak right?
well, if i buy REIT in DonkeyDollar and get 10%yield, convert back to SGD, do i still get 10%yield?
should be, unless DonkeyDollar falls several points against SGD - ie. spiral of death  sweat.gif
again - i stand to be corrected & learn better yar notworthy.gif pls shed some light if anyone knows better
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Lippomalls earn in rupiah, but have to pay out in sgd. Exchange rate matters. Also thier loan us in sgd while thier assets us in rp. A devaluation means thier assets is worth less in sgd. wink.gif
gark
post Sep 11 2013, 10:43 AM

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QUOTE(elea88 @ Sep 11 2013, 10:11 AM)
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.
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So far no need, never touch for 1-2 years also they never dormant my account, make sure you have the MINIMUM 2k at the acct at all times. When opening the account you say you just want to save long term and you are not frequent to SG, they will understand. thumbup.gif\

As far as I knwo maybenk sg and maybank my is separate entitiy..

This post has been edited by gark: Sep 11 2013, 10:43 AM
gark
post Sep 12 2013, 06:14 PM

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QUOTE(bryrene @ Sep 12 2013, 01:41 PM)
Share some knowledge with me.

I have S$10,000 to invest (which is not much compare to big players). I am thinking of which country especially Malaysia REIT and Singapore REIT to invest in?

My aim is to collect dividend yield for a long term.

Advantages of Malaysia is the currency exchange $2.60.

Please share some thoughts with me smile.gif
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MY reit = 10% tax on dividend

SG reit = 0% tax on dividend

Good enough reason? wink.gif

This post has been edited by gark: Sep 12 2013, 06:15 PM
gark
post Sep 12 2013, 06:20 PM

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QUOTE(prophetjul @ Sep 11 2013, 10:34 AM)
Just bear in mind, that yield was before Rupiah tanked.........how much has Rupiah corrected against SGD?
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About 15%...

Before collapse 8,300 rp = 1 sgd

Now 9,500 rp = 1 sgd
gark
post Sep 12 2013, 06:21 PM

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QUOTE(felixmask @ Sep 12 2013, 06:19 PM)
ur SG cds acc is maybank or DBS ? hv to go sg open acc?
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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

This post has been edited by gark: Sep 12 2013, 06:23 PM
gark
post Sep 12 2013, 06:23 PM

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QUOTE(Vector88 @ Sep 11 2013, 10:30 PM)
Called DBS and DBS Vickers.. can open both acc in any DBS branch... bring along IC, 3 months payslips, utility bill showing the residential address ... then deposit some money into savings acc .... min average balance in savings shd b SGD 5000 otherwise 2 bucks will be deducted per month

Going there next month smile.gif
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Wow now minimum is 5k sgd ah.. last time open 2k, so far never charge me anything also.

Anyway welcome to the club. thumbup.gif


gark
post Sep 12 2013, 08:22 PM

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QUOTE(doobudbobud @ Sep 12 2013, 08:05 PM)
One small tip. If open POSB savings instead of DBS acc, only need to maintain $500 balance. POSB is part of the DBS group
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Only if your are Singaporean or PR.. if foreigners still need SGD 5k or SGD2 per month. tongue.gif

http://www.posb.com.sg/personal/deposit/sa...er/default.page
gark
post Sep 13 2013, 09:41 AM

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QUOTE(prophetjul @ Sep 13 2013, 09:02 AM)
Sabana cheap sale now.............don't know what happened.

1.06 now

Just saw news
CLOSE OF PRIVATE PLACEMENT OF 40,000,000 NEW UNITS (“NEW UNITS”)
IN SABANA SHARI’AH COMPLIANT INDUSTRIAL REAL ESTATE INVESTMENT TRUST
(“SABANA REIT”) AT AN ISSUE PRICE OF S$1.00 PER NEW UNIT (THE “ISSUE PRICE”)
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Dilution from private placement which is discount to market price...
gark
post Sep 13 2013, 11:12 AM

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QUOTE(elea88 @ Sep 13 2013, 11:04 AM)
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?
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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
gark
post Sep 18 2013, 05:37 PM

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QUOTE(elea88 @ Sep 18 2013, 04:25 PM)
the dividend will be banked into the savings account. Will they mail us the vouchers? or annual report etc?
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Voucher yes, Annual report download from SGX website ler. tongue.gif

This post has been edited by gark: Sep 18 2013, 05:37 PM
gark
post Sep 18 2013, 05:39 PM

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QUOTE(davidcch07 @ Sep 17 2013, 05:03 PM)
bro,

That only Reits... i want that singtel ... and others...  biggrin.gif
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SGX dividend stock tracker.. all info continuously updated. Enjoy... laugh.gif And... include ALL REITs as well ... so no off topic. tongue.gif

http://www.investmentmoats.com/DividendScr...endScreener.php

This post has been edited by gark: Sep 18 2013, 05:40 PM
gark
post Sep 24 2013, 10:50 AM

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QUOTE(elea88 @ Sep 24 2013, 10:47 AM)
What about taxation? any withholding tax that we need to claim back? or tax that we need to declare?
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No dividend tax, no withholding tax , no capital gain tax from Singapore (If you are not Sg tax resident)

No Malaysian tax as well because all foreign based income (if you are tax resident of MY) is tax free.

You can declare if you want but not subject to tax. Most people do not declare unless very substantial.

In conclusion, NO TAX. thumbup.gif

This post has been edited by gark: Sep 24 2013, 10:51 AM
gark
post Sep 24 2013, 12:53 PM

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QUOTE(davinz18 @ Sep 24 2013, 12:51 PM)
If only Malaysia also like this, NO Tax for Reits Dividend  cry.gif  mad.gif
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Invest in SG lor.. easy only mah... tongue.gif
gark
post Sep 24 2013, 02:03 PM

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QUOTE(cwhong @ Sep 24 2013, 01:53 PM)
u misunderstood sky meaning .......

he said since the income earn from overseas not taxable why not declare it with Hasil? declare means can have a good credit rating whenever you needed it for Loans purposes (e.g. mortgage, hire purchase)
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Declaring need to furnish a lot of documents like dividend voucer, CDS holdings record etc if kena checked.. small amount no need hassle. tongue.gif Anyway they cannot catch you cause not taxable. laugh.gif

This post has been edited by gark: Sep 24 2013, 02:27 PM
gark
post Sep 24 2013, 02:21 PM

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QUOTE(elea88 @ Sep 24 2013, 02:00 PM)
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?
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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...

This post has been edited by gark: Sep 24 2013, 02:34 PM
gark
post Sep 24 2013, 02:28 PM

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QUOTE(felixmask @ Sep 24 2013, 02:26 PM)
beside bring money -  what else need to bring ? pay slip or M'sia saving account or M'sia IC nod.gif
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This has been answered before mar...

QUOTE(Vector88 @ Sep 11 2013, 10:30 PM)
Called DBS and DBS Vickers.. can open both acc in any DBS branch... bring along IC, 3 months payslips, utility bill showing the residential address ... then deposit some money into savings acc .... min average balance in savings shd b SGD 5000 otherwise 2 bucks will be deducted per month

Going there next month smile.gif
*
Vector88 let us know your progress.. biggrin.gif

This post has been edited by gark: Sep 24 2013, 02:33 PM
gark
post Sep 24 2013, 08:05 PM

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QUOTE(felixmask @ Sep 24 2013, 06:29 PM)
cant find....mah

Answer again... tongue.gif

How Indonesia Market ? switch my UT fund to Indonesia Region...can fly ? CI above 5000?
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Weakening.... tongue.gif

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