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 Singapore REITS, S-REITS

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value_investor
post Aug 19 2015, 07:08 PM

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QUOTE(ShinG3e @ Aug 19 2015, 07:04 PM)
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.
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Agree. I opened account with DBS in Singapore then transfer my SGD over. You can then transfer from DBS to Vickers or Phillip Securities.

This post has been edited by value_investor: Aug 19 2015, 07:08 PM
value_investor
post Aug 20 2015, 07:12 AM

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QUOTE(ShinG3e @ Aug 19 2015, 07:31 PM)
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
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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.

This post has been edited by value_investor: Aug 20 2015, 07:17 AM
value_investor
post Aug 20 2015, 07:15 AM

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QUOTE(Hansel @ Aug 19 2015, 07:44 PM)
TRy to open with Maybank Sgp. The advantage is when you transfer your funds back from Sgp to Msia, you can use the Remittance feature on their Maybank2U.sg platform. The charge previously was S$15 per transaction. However, that fee is being waived for the time being.

Hopefully, you have a Msian Maybank acct., or open one if you have to.

If you do a transfer before 4pm on a business day, you get the money on the same day in your Msian Maybank acct.
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Several reasons to use DBS instead, eg you can link your Phillip Securities account only with DBS, also DBS is very independent unlike Maybank in case Malaysia implement capital control.

This post has been edited by value_investor: Aug 20 2015, 07:17 AM

 

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