If such tax implented will lead to the demise of share market, there will be no free market already. Short term speculators make the market active and attractive, no one will come in when no short hot money can be made. The same thing goes to REITs, the price is so flat thus is boring from some's point of view. The is one of the reason why very few player in REITs. I certainly hope that will not happen in stock market.

I wish the reimpose of RPGT will attract more REITs investors.

Tower Reits got some movement today. Manipulation ?

Wah so many Hektar fans.

Hey, Tower Reits. Are you sleeping ?

Tower Reits RM1.18 now. Don't know it gets puntured after Financial Report out.

Thanks bro. Price puntured.

Thanks, bro sis.

Do you mean Tower Reits ?

My personal opinion to UOA, it is a good reits, nice properties and promising yield. But the price is now standing at very high or at least close to its NAV. I believe our entry price decides our profit, hence the risk may be little higher to enter now.

No doubt UOA still good for holding long term, but why not consider others where you still can get similar yield but more discounted price ? Like Tower Reits now priced at RM1.13 while the NAV is RM1.59.

Just my 2 cents...

Tower Reits own Grade A office buildings, within the golden triangle. occupancy rate is more than 80 percent wtih more than 8% yield. Not the best though, but overall is above average.

No one has discussion about Tower Reits before, why not I start first. Wish to hear opinions from everone.

Tower Reits
P/E R = 4.94
EPS = 0.24
Market value = RM328,185,000
Total share = 280,500,000
Yield = 8.1%

UOA Reits
P/E R = 12.75
EPS = 0.10
Market Value = RM319,733,000
Total Share = 245,948,000
Yield = 7.71%

I think Tower Reits still a better buy. Please share if you have different idea. Venturing into Reits, need opinions from different aspect.

I have made enough studies before I put my bloody money into it. Tower Reits mainly in office buildings which are grade A office lot within The Golden Triangle. Yes, inevitably the occupancy rate is highly vulnerable to economy performace especially current situation. Heck, are we not buying at the bottom price ? Further more, during current economy crisis it still managed to secure more than 80% with more than 8% return. Just one thing I don't like, it has no dedicated website providing sufficient information about their development. I have to dig it elsewhere.

Comparing to others, I think risk is even more higher. Like Atrium the revenue is highly depend on 2 or 3 tenants only. Starreits I think most tenant are their sisters company, which I think is not healthy. Also some in retail sector owning few shopping malls but which I think it is more profitable if a shopping mall can attract foreign consumer or high end market like Gurney Plaza, so I am waitng for CapitaLand to list. I have to admit there are other good counters, but the price is a bit high at the moment.

Tower Reits is not the perfect one, if I really want to go in Reits, Tower Reits is my starting point.

Unconfirmed sources said CapitaLand cancel IPO in bolehland, but will be in Singapore. Wish it is not true.

Furthermore public still has little awareness to Mreits, unlike Singapore which is popular. So it is still a budget sales by now.

Seems it is true. CapitaLand will not ipo here, but Singapore on 25th Nov.
Read here
But one thing I am not sure since CapitaMall already listed in Sing, what to ipo ?

REITs get less attention meaning still cheap sales, I don't think we can get reasonable price if the volumn is high and popular. Grab while nobody wants it. There are only a few REITs counter here, study them individually and you will find out the candy in your eyes.

I have no strong confidence in our retail centre here, you know our consumer habit is the newer the better. Very few shopping malls can stand in the market top notched condition very long, apart from Sungai Wang.

Hektar is good, but in my humble opinion I believe foreigners and KL consuming power is greater, while Hektar's malls are not there. However I do not understand Subang, Muar and Melaka people buying power, so I can't comment Hektar potentiality. But if you are keen in Hektar, you should study the regioanal market before investing.

REITs' price movement is not significant, old man style...you know. So people trade REIT for their high yield return comparing to others especially FD. The current average yielding in REITs is about 8%, that is the reason why TowerReit traded far from its NAV. If the transaction is about the NAV let's say RM1.60, then the yield may fall below 6%. Then it seems less attractive, market will adjust itself to the reasonable price.

Another thing is NAV cannot be fully trusted, I just treat it as an indication. It is an added information, but I don't trade based on the NAV.