Wouldn't you want to diversify into some SG dividend stocks too ? There is a small risk, though not a big issue with SG REITs = the gearing. When interest rate rises, there will be some impacts, no matter how low the gearing of the REIT is.

The SG SOR (Swap Offer Rate) has been rising,... the rate of rise will pick up when the Feds increases interest rate. The mortgage-holders in Sg are now slowly feeling the pinch. Many loan packages in SG are tied to the SOR, and to the SIBOR too. Just like our BLR.

no.

i have too much to read and monitor just for sgreits, us equities and crude.

can't deal with more, not even bursa stuff!

Yeah,... I can see that you are quite successful in the UWTI and DWTI games. I too follow the US Equities, as for Crude, I just read the everyday news that I come across. As you bump into news about SG REITs, you will come across the SG dividend stocks too. Same principles in analysing with one major difference - SG dividend stocks do not have to give out a minimum of 90% of their net profit in the form of net property income in order to have maximum tax advantage.

For the SG dividend stocks, we look into their Dividend Policy and their record of dividend payout over the years.

Hi,

Sorry for disturbing. You told me to check this thread. However, I have read finish. Nothing on which broker are you using and which bank you are using. Whether can do online or one need to manullay call SG. Please share.

Hi Bro,... I use DBS Bank, and I use DBS-Vickers as my Singapore brokerage. ALL transactions in DBS Bank and in DBS-Vickers (DBSV) can be performed online, UNLESS if you are attending to a Rights Issue exercise, then you may need to go down to Sgp to do some small activities.

But, let's leave out this thing called a Rights Issue at the moment.

The first time when you need to set-up the account, you need to go down to Singapore and meet-up with the DBS branch from where you would like your account to be set-up. After your account is setup, you will be given an id, a password and a security token, with which you can use to log-on to your account from Malaysia, and from anywhere in the world.

When you open your DBS Account, open a normal Savings Account and a Multi-Currency Account (MCA) at the same time. With the MCA, you can deposit funds of different currencies into that account into different pockets inside that account.

I'll stop here, bro,... think about this, and ask me any questions you would like to.

Ok. Thanks. I will save it up and update you in December. Hopefully I can go to Singapore in December.

From what I have been reading, SG bank charges if you fall below certain limit. What's the minimum limit for DBS to prevent it from being charged? What's the minimum to open the above account for normal savings and MCA?

For the DBS Savings Acct, prepare SGD1000 to open the account. If the daily amount falls below SGD1000, there will be a service fee of SGD2.00 charged at the end of the month.

As for the MCA, it's a bit dear,... SGD3000 to open and a minimum amount of SGD 3000 must be maintained. Otherwise, a service fee of SGD7.50 will be charged at the end of the month.

Perhaps don't need to open the MCA first. Just open the DBS Savings Account.

What is the duration for an inactive account? In Malaysia if there are no transaction in 7 years, the account is close and money will be moved to unclaim monies.

Also, how can you carry SGD4000 cash pass Malaysian & SG customs? As far as I know Malaysian law state that one cannot carry >RM10k cash out of the country.

This post has been edited by Ramjade: Oct 2 2015, 12:28 AM

its USD 10K not RM10K.....

Opening Ac in Sg is easy.. the difficult part is transfering or putting money into SG if u are from Msia..

There is no duration for inactivity. The account will remain as it is.

For Internet Banking, if you do not log-in after 1 year, the id and password need to be reset again.

For more information, you can call DBS directly at this number : 65 6327 2265

i got hup soon global. also whell connected with govt. Temasek has shares. dunno what happened to company now...

not more that equivalent USD10k. for RM denomination is 1k

Company was delisted.

Accordingly, the Shares will be delisted from the Catalist of the SGX-ST with effect from 9.00 a.m. on 8 April 2013.

By Order of the Board
Sophia Lim
Company Secretary
4 April 2013

Ann't as in attachment below :-

http://infopub.sgx.com/FileOpen/Annt_Date_...nt&FileID=12014

Sorry !

I was waiting to go into more SGX dividend counters and selected REITs today, thinking that the mkt will fall after the ann't of a technical recession by the Monetary Authority of Sgp (MAS).

The STI performed the contrary by rising instead of falling just like the other bourses around region.

Let's see what happens later on,.... Market is unpredictable.

i remember a few months ago, the expectation was weakness and looming recession with several reports were pointing to mas targeting usd/sgd 1.40.

it went to 1.43 at one stage where i last bought some sgreits.

now, avoiding a technical recession, chances are 1.40 will be about right.

sgd/rm now 3.025.



what dividend stocks are u looking at now?

Tq for your reply, bro,...

A bit of wrong timing at my side - I really needed USDSGD to touch 1.44. So,... I'm a loser, at least in the short term. My USD just sitting there waiting to be converted into the SGD, not earning interest or coupons or dividend.

Happy for you that you bought some SGREITs earlier, and to remember that you hold First REIT too. I have some good news for you about First REIT,... just released :-

SINGAPORE – 13 October 2015 – Bowsprit Capital Corporation Limited (“Bowsprit”), the Manager of First Real Estate Investment Trust (“First REIT” or the “Trust”), Singapore’s first healthcare real estate investment trust with properties in Indonesia, Singapore and South Korea, today announced a 3.0% year-on-year (“y-o-y”) rise in distribution per unit (“DPU”) to 2.08 Singapore cents for the third quarter ended 30 September 2015 (“3Q 2015”), compared to 2.02 Singapore cents of the preceding year (“3Q 2014”).

...so,.. prepare for money dropping in soon.

Dividend stocks,.. still observing,... and some selected REITs too.

what SGX div counters u shortlisted? dun mind sharing?
I hv some not utilized SGD sitting in DBS. dunno what to buy.....

Since today free.. looking around....

Okay,......

I have been watching KEPPEL CORP closely for the following reasons :-

1) big cap stock.
2) good time to enter now because of oil price weakness.
3) quite sustainable and consistent dividend payout.
4) yield is around 6.55% at current price today.
5) company is heavily diversified in terms of business lines and in terms of geography.

Negative qualities for me :-

1) giving-out dividend only twice per year, not the usual 4 times per year that we are used to enjoying.
2) must watch closely in order to buy because it 'jumps back up' very fast.
3) institutions are always watching this counter.
4) though the DPU is QUITE consistent, but still it is not as consistent as the REITs in my portfolio.

can't think of any other reasons,.... Good luck, Elea,...

The price yesterday dipped to 7.19, but I was hesitant to enter,....thinking that the whole SGX will dip today and drop all boats,... but, well, I was wrong.

Wait a little bit more,.. since oil price is still dropping. When the euphoria of the MAS announcement has died down, then oil price will again re-couple itself to the price of Keppel REIT.

Really frustrating, this SGD and Sgp,... MAS says easing, the immediate reaction is the SGD rises,... the STI rises and everything abt Sgp rises,...

thank you.



Non reits that I hv collected so far is
telco co , UMS, Lee metal, Sheng Siong, Neraltel, silverlake.
Now thinking of disposing Silverlake since got CAP appreciation as the price also YOYO very fast.

You are welcome.

Silverlake - how long have you held on to this counter ? What are your opinions of this counter ?