I think all rm1.40 upstream sellers at last minute cancel orders thus resulting in such outcome?

I'm a investor of IGBREIT as well a frequent visitor, one thing i really hate about Mid Valley is the lack of Touch 'n Go, where most shopping malls already implemented this. I know they are being cocky since 100% fully parked, but this is a proactive initiative they should implement. Besides, as an investor i think their parking rate is too cheap that's why 100% full, depriving genuine visitors. I used to work there in the office tower, 50% parking are occupied by the workers there. Increase the parking and implement TnG, and let these workers take Kommuter to work better!

This post has been edited by value_investor: Oct 8 2015, 06:52 PM

As a middle class employee i used to be, increasing the parking rate increases one's monthly expenses greatly, they will think twice before driving. I used to make RM10k a month 8 years ago, but i still took the LRT/Komuter to work! Maybe not daily, but will rotate between public transport and driving to save cost.

Well, it's demand and supply. If they only increase a bit or DPU will also increase

They haven't increased the parking since 8 years ago i working there, i remember i parked whole working day only less than RM10!!! Just increase to half of Pavilion rate im also happy, coz will be less cars, and more dividends!

This post has been edited by value_investor: Oct 8 2015, 10:57 PM

Better still, then dividends will increase

I will only sell once yield close to Sunreit & Pavreit. I don't see any reason Pavreit is trading at RM0.20 premium over IGBReit. In 2013, IGBREIT was trading at premium over Pavreit, but now terbalik

I would wager a lot of individual owned properties have negative net yield and NOT 2%-3% positive after deducting expenses and interests. Therefore REITs are pretty good investment actually.

Capital appreciation is the same for both since both are real estate, the only difference is one is valued by professional valuer while another is value by greedy developers and unicorn iProperty asking prices.

You really believe your property is worth the sky high price just because of one transaction? In this case I can also say igbreit is worth rm10 if there is no liquidity and then there's one manipulated transaction at that price. If all the existing housing supply liquidated together can you imagine how low the price can go? While all reit liquidate together won't have much impact on prices coz cash flow is supporting prices.

This post has been edited by value_investor: Nov 4 2015, 06:38 PM

Low yield reit == high DPU growth
High yield reit == low / no DPU growth (might even drop)

This post has been edited by value_investor: Dec 3 2015, 08:29 AM

Time to move out my FD to IGBREIT! Woohoo!