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 M Reits Version 7, Malaysia Real Estate Investment

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Hansel
post Apr 30 2018, 02:36 PM

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Okay...

"I never say I will never enter SG or I will enter SG. I like-lah I enter Arctic or Antarctica."

Keep an open mind,... you won't regret it,... corrected spelling errors,...
Hansel
post Apr 30 2018, 07:45 PM

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QUOTE(Ramjade @ Apr 30 2018, 06:56 PM)
Sorry for the late reply.Very busy.
That's true. Having an account will significantly lower your cost. But until now I never have the need to move money in SG

Planning to close my maybank acocunt, once I can get hold of the standard chartered account. I have already did. Close my DBS multiplier and open up POS eEveryday Savers instead. Save my SGD2500 from being lock up. Yes. I only invest in SGD. I am unable to move other currencies around. Already ask the banks customer services numerous time, they told me the only way is
1) local cheque
2) TT inside SG  doh.gif

Maybe is a priority banking thing that you are able to move foreign currency around?  biggrin.gif 
I don't need a SG card. Never use them at all. When you are using cards overseas, you should think about airmiles. Not using cash. More value for cash.
https://genxgenygenz.com/
- this author have come out with more articles on getting your money work harder by spending it after coming back from blogging retirement. Some relevant to me, some more relevant to you.  tongue.gif

As he said is not easy for malaysians to do but you have to sacrifice if you don't have enough bullets. You need to aim where you want to park your money. I am an ordinary guy (without any priority banking to help me but I am glad I listen to you and directed my money into SGD)

I teach whoever want to learn. People may be ego/stubborn/whatever but if they realise their mistake and willing to change, why not?
SGD3k lock up for 6 months is nothing. Mine was lock longer than that as I need to research on how to open account with min of SGD500.
Again as mentioned, CDP is valid for those with SG address. If one does not have a SG address, then is better to go the nominee way as yours truely or else can't participate in rights or placement.  sad.gif

I would also like that (my own CDP Number, and have my shares kept inside CDP rather than having them kept with a Nominee Account.) but sometime you have to take what you can get. Beggers can't be choosy.

I think not for SG shares cause by doing that, they are effectily killing themselves when so many brokers are not charging dividend fees for CDP based account. Maybe for foreign own shares. But is already a matter of time before they do that.

Sorry if any post sounds offensive.
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Tq for the points.

But Standard Chartered eSaver Account also needs to have a minimum of SGD 1k. Yeah okay,... perhaps this is the best you guys can do since you opened recently. No choice,...

The good news is, probably someone who opens next year will have the minimum amount as SGD 1.5k,...

My DBS SavingsPLus was opened back in 2004 - and my required minimum amount is only SGD500, not 1K.

My Maybank SG iSavvy Account was opened back in 2005 - and my required minimum amount is only SGD500. What is the amount now ?
Hansel
post Apr 30 2018, 09:50 PM

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QUOTE(Ramjade @ Apr 30 2018, 08:42 PM)
Don't know la. Hope won't be that extend.  I am only able to go down in 2 years time. No leave.

Posb account is the only SGD500 that we can open online. All DBS brand account cost SGD3k.

Maybank still SGD500.

Right now plan to consolidate into maybank KE first then later IB for cheaper transaction fees + bigger access to worldwide market + without monthly maintenance fee if amount held with them is large enough.
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Hehe,... good planning there,.... smile.gif
Hansel
post May 1 2018, 12:38 AM

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QUOTE(ryan18 @ May 1 2018, 12:16 AM)
Closed all those account 2-3 years ago.glad managed to open an account with DBS before the requirement got tougher
Only left POSB and also CIMB Starsaver

Back to REIT
Still a large portion of my portfolio is in REiT.Most are doing well with exception of CMMT which is at the price which I 1st bought around 5-6 years ago
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Right....

As a Malaysian, perhaps you shld try to open one more in case that POSB account gets into some unforeseen circumstances. SCB would be a good choice, since it comes with a Trading Account too, and the brokerage is quite low at this moment.

SG REITs are generally good,.. but be a bit careful with the ones with properties in China.
Hansel
post May 1 2018, 12:00 PM

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QUOTE(ryan18 @ May 1 2018, 06:27 AM)
Ah what kind of unforeseen circumstances? Like being forced to close the account?

No plans to expand my current Singapore portfolio which only have 1 REIT at the moment unless I move to SG for work
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Hmm,... I don't think it will come down to that, unless you have a court case,... like what I heard happening to some elements of that alleged, err, I said ALLEGED,.. money-laundering case of 1MDB. Some related parties were forced to close their accounts in the SG banks and asked to take out all their $$$.

One unforeseen circumstance that I could think of is charges being made higher here and there, an eg would be FSM Sg. When I first opened my acct there 12 years ago, there were NO platform fees. Then such fees were introduced in 2014,... I think,... but since I have a POEMS account, I could move my holdings away. This is why I said it's good to open more accounts when the opportunity is there,.... before : THE DOORS ARE CLOSED.

If you have no plans for SG, then I think don't bother,... focus onto the place that you have confidence in,....



Hansel
post May 2 2018, 05:12 PM

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QUOTE(Showtime747 @ May 1 2018, 07:35 PM)
Ya kah ? US, SGX and HKeX is common, which broker can trade ASX directly without calling broker ?

Even some Sg broker cannot trade ASX without calling
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QUOTE(Showtime747 @ May 1 2018, 07:59 PM)
Can trade without calling the broker of HLe  ? If can, that's very good  thumbup.gif

CIMBTrade and Maybank I think have to call the broker to trade ASX. Same with some Sg platform too
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All SG brokers needed human intervention for The ASX, EXCEPT SCB and DBSV.
Hansel
post May 2 2018, 11:38 PM

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QUOTE(Showtime747 @ May 2 2018, 10:59 PM)
Ya bro, that’s your preference. I have no argument to that at all

If you read back to my reply to you, that is because you are saying to bro Ancient “good luck” in opening Aussie trading account bla bla bla... Just wanted to let you know he can always trade using Malaysia trading account. Aussie account is not a must. But have to pay higher fee of course. Not everyone is like you and bro Hansel always go all the way...

Must let people know all option mah....not necessary people must follow what you did one....
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Hehe,... yeah, right also,.. even if higher cost, so what,... hehe,.... BUT, as experience picks up and wishing to earn more, then improve-lor,.. but if still wishes to stay the same also, nobody stops you.

Frankly, if everybody goes to the other side to open accounts, three effects will surface :-

1) brokers in Msia cannot earn the higher fees already.
2) the other side will start to clamp down, and become more aware of what the foreigners are doing,... to me, this is not very good, with all the protectionism starting to happen around the world.
3) there might be abuse by Msians, which will cause the other side to clamp down on Msians,... a good eg would be after the 1XXB event, the MAS is very alert of Msians. No tks to 'that fella-lar',...


Hence, in conclusion, it's good that some investors continue to use local platforms to buy international shares. Let's not have everybody go to the other side. Spoil the whole thing later.

Edited by adding the following :-

Going all the way has its fun too, as in experiencing new system, new culture and being able to attend AGMs (I don't think anyone who buys locally is allowed to go for AGMs even if he asks to,... please correct me if I'm wrong here).

Meeting new friends and investors from the other side, networking, etc, etc,... it's a whole new ball game,... just like going somewhere else to work on assignment or applying for a job in another country. Except for this one, you need to put money in.

You will create a whole new set of paradigms in life. YOU get to interact with their gov't, their regulators, their investor associations,...No end to it all,.... rclxm9.gif

This post has been edited by Hansel: May 2 2018, 11:56 PM
Hansel
post May 2 2018, 11:44 PM

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QUOTE(Showtime747 @ May 2 2018, 11:02 PM)
Yea, Not every platform can trade directly

Wonder why some can, some cannot. Interface issue ?
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Yes. Brokers in some countries are very picky before they allow any foreign broker from connecting into their system. Long story here,... I think the forefront of 'direct-connect' brokers in SG seems to be occupied by SCB now, no more DBSV.

When I started with buying shares internationally, it was DBSV, subsequently, I noticed SCB. And charges at SCB are lower too compared to DBSV.

One connection that SCB does not have, but that DBSV has is : connection to the Toronto Stock Exchange in Canada.
Hansel
post May 3 2018, 11:12 AM

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QUOTE(ryan18 @ May 3 2018, 12:09 AM)
Oh this is 1st time I am hearing if you buy locally cant attend AGM.
before i transferred my sole holdings of my SREIT to DBSV from CIMB, I have been receiving Annual Report from the REIT

For ASX share, I believe they identify you using the HIN. not sure if you buy locally, will you get any shareholder welcome letter with your HIN
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If you buy any SGX counters through any Msian broker, I really don't think you can attend AGMs/EGMs. But again, please correct me if otherwise,... Why ? Because,.. hmm, how to explain this huh ?,... if you buy from a 'nominee broker' in SG, you are considered one-level down. It is quite hard here too.

BUT : if you buy from a 'nominee broker' in Msia, who has a 'nominee broker' in SG, you are TWO-LEVELS down !!!

Really,... where got chance anymore ??

I feel attending AGMs/EGMs gives me the 'feel',... hehe,... then can make better decisions abt buying hat share or not. Furthermore, my vote may count too, just like what happened with that fight in Sabana REIT.
Hansel
post May 3 2018, 11:14 AM

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QUOTE(Ramjade @ May 3 2018, 09:18 AM)
You should consider IB then.  Way cheaper than any SG broker.
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One way to imagine this would be :-

1) Some are brokers for investing, eg DBSV,... buy and keep inside CDP.

2) Some are brokers for trading, in and out things,... eg IB.
Hansel
post May 3 2018, 03:54 PM

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QUOTE(Showtime747 @ May 3 2018, 12:52 PM)
Bro, don't think too much and too far biggrin.gif

It's like saying luckily not too many people convert to vegetarian. If not later you as a vegetarian got not enough vege to eat  biggrin.gif

Hehehe,... biggrin.gif  biggrin.gif

I always admire you and ramjade. Ramjade can take the trouble to purposely travel down to Sg just to open a trading account. And he is not even trading big volume which I would have agreed it is worth it.

Hehehe,... biggrin.gif  biggrin.gif  biggrin.gif Ramjade copied me !!!  biggrin.gif  biggrin.gif

Anyway, we need people like you and ramjade. The best thing is both of you are willing to share your knowledge. Cut of on researching on their own  thumbup.gif

.. though not all situations are the same,... still no harm to see what others are experiencing,....

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REplies in red above, bro,....
Hansel
post May 3 2018, 03:55 PM

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QUOTE(elea88 @ May 3 2018, 02:40 PM)
Hansel.. can attend AGM if Nominee broker in SG. just give them 10 days notice (from dateline of submission of proxy) and they will do the necessary.
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OK,... which brokerage pls, sis,...
Hansel
post May 4 2018, 12:17 PM

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QUOTE(elea88 @ May 3 2018, 11:20 PM)
stand chart. Just need call them say want attend AGM . but must do it 10 working days before so they can process the request.
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I see,... so SCB has improved,....

QUOTE(djhenry91 @ May 4 2018, 07:30 AM)
Some broker charge high.. But remeiser get less on foreign market.. The way brokerage split make no sense at all.. Sampai advise client who trade foeignt share ask them better go sg open thn Malaysia if they are very calculative
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wow,.. that means the brokerage co gets a bigger share from the fees for foreign mkts. And remisiers need to help key-in the orders for the foreign mkt after receiving phonecalls from the clients, right ?
Hansel
post May 4 2018, 05:25 PM

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QUOTE(djhenry91 @ May 4 2018, 03:44 PM)
if u talking Austrialia market..more headache..client call remeiser..remeiser call dealer team..dealer team need call SG dealer team to place..
in the end remeiser get ikan bilis portion..and more works..

if other foreign market,online order enough
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Yeah, bro,.... sad.gif
Hansel
post May 21 2018, 01:02 PM

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QUOTE(ShinG3e @ May 21 2018, 12:11 PM)
ah don't la say bought wrongly. every individual buy based on their own findings and preference/risk appetite.  laugh.gif
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Yes, you are right, bro,..... thumbsup.gif

Hmm,... looks like Office and Retail REITs in Msia and SG are 'struggling',... for myself, I don't have any Office and Retail REITs in Msia, but in SG, I have only Frasers Centrepoint Trust as my Retail REIT holding....

Don't know why,....I've always thought of the Office and Retail properties in SG as being 'difficult',....
Hansel
post May 22 2018, 11:05 AM

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QUOTE(MNet @ May 21 2018, 09:30 PM)
Interest rate is going up trend which is REIT killer
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In SG, after the 2008/9 Global Financial Crisis, MAS put in steps to regulate further the SG REITs, among a move is to cap the debt-to-gearing ratio at 45%. Secondly SG REITs have put in lots of steps earlier to go for fixed-rate loans, and for hedged loans to minimise the impact of rising interest rates.

Soon, we will see the effectiveness of such steps put in,.... I have some confidence that the SG REITs will be able to withstand,....
Hansel
post May 24 2018, 12:12 AM

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QUOTE(yok70 @ May 23 2018, 09:58 PM)
can reits yield increment reach the level of rate hike speed? if yes, can be here to stay. If not, worrisome for mid term at least (until rate hike trend stabilized).

for reference,
10-year MGS today closed at 4.22%,
7-year 4.03%,
5-year 3.81%.

Based on different reit assets types, put in a spread between 1.5%-2.5% on the net yield (not gross yield) would be nice for consideration, for only the good reits of course.
Good luck!
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For myself, I normally use the reference of the risk-free 10-year 'national bond' yield. For Msia, it would be 4.22%. If we demand an average spread of a REIT return at 2.5%, then the effective yield of the REIT we need to buy would be at 6.72%.

Is any MREIT currently able to provide this net yield of 6.72% in a stable manner ?
Hansel
post May 25 2018, 11:07 AM

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QUOTE(tianqi @ May 24 2018, 11:24 AM)
REIT seems performing well hmm.gif  hmm.gif
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Ohh,... this is surprising,... MREITs are doing well,.... SREITs are suffering now,....
Hansel
post May 26 2018, 05:23 PM

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QUOTE(yok70 @ May 25 2018, 10:06 PM)
maybe because Post GE risk, since REIT gives most people the image of "lower risk investment", which, of course, is not quite accurate.
secondly, which i wish it's not true, is that big sharks pushing up price, in order to later cut down their exposure in reit before US further rate hike in June that could put negative sentiment on reit.
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QUOTE(yok70 @ May 25 2018, 10:09 PM)
SREIT is played by international investors. Usually, MREIT will follow SREIT few months after SREIT's move.
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Tq Yok,... yep,.. one of the reasons that I preferred the SGX is because the international community there is big enough, hence mkt manipulation can't be done so easily,...
Hansel
post Jun 7 2018, 06:44 PM

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Come to think of it,... for myself, when I start to run-through a REIT to invest into, the first thing I dig into is the sustainability of its dividends payouts. This topic itself has many components,... and many angles to consider,... leading to many other areas of analysis.

But yeah,... this is what I chk first when I start the operation to evaluate a particular REIT !

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