Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) broke down from a Symmetrial Triangle consolidation pattern but rebounded from 200D SMA support. The REIT index has changed from 929.69 (last post) to 906.82 (-2.52%). Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on Oct 8, 2019. Based on the current chart pattern,  the sentiment is BULLISH in the long term but REIT index is currently going through a correction.  REIT Index has to go above the 20D & 50D SMA in order to continue the uptrend. The recent sell off could be a welcomed correction before REIT index can charge higher.   Fundamental Analysis of 40 Singapore REITs The following is the compila

1. SPH REIT  --  10th Oct 20192. Kep Infra Trust  --  14th Oct 20193. Kep DC REIT  --  15th Oct 20194. Kep Pac Oak US REIT  -- 15th Oct 20195. MapletreeCom Trust  --  15th Oct 20196. Kep REIT  --  16th Oct 20197. Kep Corp  --  17th Oct 20198. SPH  --  17th Oct 20199. CapitaMall Trust  --  21st Oct 201910. Mapletreelog Trust  --  21st Oct 201911. MapletreeInd Trust  --  22nd Oct 201912. FrasersCom Trust  --  22nd Oct 201913. Frasers Cpt Trust  --  23rd Oct 201914. Suntec REIT  --  23rd Oct 201915. CapitaCom Trust  --  23rd Oct 201916. SGX  --  24th Oct 201917. MNACT  --  25th Oct 201918. CapitaR China Trust  --  25th O

Investment Portfolio1. Increased Kep DC Reit holding by 13.64% due to preferential offering at $1.71/unit.  Holding price increased from $0.9174/unit to $0.9946/unit2. Cash decreased from +31.03% to $29.75% due to preferential offering of Kep DC Reit3. Received CapitaMall Trust dividend of 3.06 cents/unit4. Received Frasers Cpt Trust dividend of 2.913 cents/unitStockHolding Price*Market PriceUnrealized Profit/LossDividend ReturnNon-StrategicCapitaMall Trust$1.155$2.54+117.33%+93.39%First REIT$0.5973$1.02+70.36%+125.62%Genting SP$0.5314$0.94+76.30%+31.99%KepCorp$7.4156$6.86-7.86%+47.07%SIA$12.028$9.41-22.17%+36.99%SingPost$1.0093$0.96-5.47%+51.24%MapletreeInd Trust$0.8143$2.55+211.72%+79.94%Kep DC Reit$0.9946$2.00+100.45%+26.32%Frasers Cpt Trust$1.9021$2.75+43.62%+16.29%Unrealized+48.2

Investment Portfolio1. Received CapitaR China Trust preferential share of $1.44/unit, increasing holding by 11.03%, increasing Strategic Cost from $0.2378/share to $0.2424/share2. Cash reduced from 31.36% to 31.00% due to CapitaR China Trust preferential share subscription3. Divested FrasersCom Trust at $1.6993/unit4. Received Genting SP dividend of 1.5 cents/share5. Received Kep DC Reit advanced distribution of 1.81 cents/unit due to placement & preferential offering of 105 unit for every 1000 unit at $1.71/unit6. Received MapletreeInd Trust advanced distribution of 2.93 cents/unit due to private placement7. Strategically reduced SIA holding price from $12.0697/share to $12.0280/share.8. Cash holding increased from 31.00% to 31.03% due to strategic reduction of SIA cost.9. Received Ca

2019 marks the year that I've invested in SIA for a decade.  This will be the 5th stock in my investment portfolio after Genting Singapore, First Reit, SingPost and CapitaMall Trust to be in the "10-years club".So anything to cheer about ?  Afraid not from the perspective of return.  Invested in 2009 at a price of $11.12 and adding some more a year later to make the holding price at $12.07.  At the price of $9.1 on 21st Oct 2019, this gives an unrealized loss of -25.01% (annualized -2.84%) and a dividend return of +36.99%.  This produces an overall return of +11.98% (annualized +1.14%).  As a whole the return is still positive with the inclusion of dividend but on purely capital return, probably at least 60% of the time during the 10 years period it is in the

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) is currently trading in a Symmetrial Triangle consolidation pattern on an uptrend. The REIT index has little change from 927.94 to 929.69 (+0.19%). So far 50D SMA proves to be a good support.  Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on Sep 6, 2019. Based on the current chart pattern and and momentum,  the sentiment is BULLISH and the trend for Singapore REIT direction is still UP. Breaking out from a symmetrical triangle will send the REIT index to march towards the minimum target of 970.   Fundamental Analysis of 41 Singapore REITs The following is the compilation of 41 REITs in Singapore with

Real Estate Investment Trusts (REITs) are hugely popular investments in Singapore. The reasons for this lie in two key characteristics – 1) its focus on property investments, which Singaporeans just cannot get enough of, and 2) its ability to pay a good annual distribution yield of typically between 5% and 8%. It should come as no surprise that when a new $1.5 billion REIT initial public offering (IPO) is announced, there will be plenty of interest. To guide you in your assessment of whether to invest in Lendlease Global Commercial REIT’s IPO, here are 10 things you should know. # 1 What Is Lendlease Global Commercial REIT? Lendlease Global Commercial REIT will own properties primarily in the retail and/or office space. The initial REIT portfolio comprises two properties – 313@So

Here are some of the most popular articles that have appeared on The Motley Fool Singapore’s website over the past week. 3 Best Singapore Dividend Shares to Buy Now Through to 2020 We are less than four months away from a brand-new year. As cliché as it may sound, time really flies. If you are looking for high-quality income stocks to buy from now at regular intervals through to 2020, you have to check out this article. Investors Turned $100k Into $370k Investing in This Solid REIT “REITs are generally perceived as investments that give slow and steady returns to investors. In other words, they are “boring.” Yet, investing in REITs can generate significant long-term wealth for investors. Let’s look at one of those REITs that gave investors significant

Passion is such a great thing to experience. There is nothing more uplifting than watching actors perform passionately, even if you have no idea what they are saying…. …. Listening to a speaker talk passionately about a subject can be quite a motivating experience, too. But there is a fine line between being passionate and being unreasonable. Leaders of countries that can’t distinguish between the two can quickly lose popular support for what they passionately believe in. Donald Trump was passionate about making America great again. But his passion, which now borders on obsession, seems to have damaged his ability to tell the difference between right and wrong. He has dismissed numerous people from his team who offer a different point of view. That is beyond the pale.

Recently I wrote why First Real Estate Investment Trust (SGX: AW9U) remains a key part of my investment portfolio. In that article, I explained that First REIT’s favourable rental lease terms and high yield make it an integral part of my portfolio. Despite my fondness of First REIT, there are still risks to the investment. In this article, I highlight two key risks facing First REIT and when I will consider selling. Risk 1: Reliance on a single tenant Ideally, a REIT should have a diversified tenant base and should not be overly dependent on a single tenant. First REIT fails in this respect. Its main tenant, Lippo Karawaci, through its subsidiary, accounts for more than 80% of its gross rental income. The risk of its heavy reliance on a single tenant was felt last year, when Lippo K

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) continues its uptrend after finding support at the uptrend support at about 890-900, changing from 895.14  to 927.94 (+3.67%). Uptrend is still intact as long as the uptrend line support line holds.  Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on Aug 19, 2019. Based on the current chart pattern and and momentum,  the sentiment is BULLISH and the trend for Singapore REIT direction is still UP. The recent selling is a healthy correction before the REIT index can move higher.   Fundamental Analysis of 42 Singapore REITs The following is the compilation of 42 REITs in Singapore with colour coding of th

First Real Estate Investment Trust (SGX: AW9U) was in the headlines for all the wrong reasons last year.  In October, its sponsor and main tenant, Lippo Karawaci Tbk, suffered a credit downgrade. Upon the news, market participants started to panic and began a brutal sell-down of First REIT shares.  But, despite all of that, First REIT remains one of my top REIT picks. Not only has it been in my portfolio for a few years now, but I also intend to keep it there for the long-term. Here are three reasons why First REIT remains a staple in my investment portfolio. Credit risk has eased In March this year, Lippo Karawaci secured US$1.01 billion (S$1.37 billion) in funding through a rights issue and by divesting some of its assets. The injection of cash into the Indonesian property gia

Investment Portfolio1. Entitled to CapitaRChina Trust scrip or cash dividend of 6.29 cents/unit2. Entitled to CapitaRChina Trust preferential offering of 87 units for every 1000 units @ $1.443. Received SingPost dividend of 0.50 cents/share4. Received First REIT dividend of 2.15 cents/unit5. Divested MapletreeCom Trust @ $2.0596/unit6. Divested Kep REIT @ $1.2394/unit7. Divested Mapletreelog Trust @ $1.5497/unit8. Received FrasersCom Trust scrip dividend, increasing holding by 1.47%, reducing Strategic cost from $0.2151/unit to $0.2144/unitStockHolding Price*Market PriceUnrealized Profit/LossDividend ReturnNon-StrategicCapitaMall Trust$1.155$2.65+126.79%+90.76%First REIT$0.5973$1.00+67.02%+125.62%Genting SP$0.5314$0.89+66.89%+29.17%KepCorp$7.4156$5.84-21.61%+47.07%SIA$12.0697$8.83-27.25%+3

The tenant leases for commercial properties in China, Hong Kong and Singapore are rather unique in that they are shorter. There are no rental escalation. Typically, the tenure is less than 5 years. In Singapore and Hong Kong, the commercial offices and shopping centers have 3 to 5 year leases. When real estate investment trusts (REITs) that owned foreign commercial properties came over to Singapore, their leases looked pretty unique to the Singapore investors. The investors welcome the longer leases, which also usually comes with annual rental escalations. If there were no annual rental escalations, there are typically mid term reviews. However, we might have missed some of the drawbacks with these different lease structure as well. The Differences between USA and Singapore

As one of the most popular investments in Singapore, we keep a close eye on the performance of S-REITs. After the corporate earnings announcements each quarter, we compile a comprehensive summary on our REITs Report Card column. How Singapore REITs Share Prices Have Fared In 2019, So Far Before we look at how individual REIT prices have moved, let’s look at the broad S-REIT indices in Singapore. There are two main indices – the iEdge S-REIT Index and the iEdge S-REIT 20 Index. The iEdge S-REIT Index comprises all the REITs listed in Singapore, while the iEdge S-REIT 20 Index, as its name suggests, only comprise the 20 largest and more tradeable REITs on the iEdge S-REIT Index. Read Also: Complete Guide To Investing In Singapore REITs The chart below depicts the iEdge S-REIT Index fluc

The Trade War is escalating.You can feel that coming as investors as you read the news that both Trump and Xi had continuously been playing a game of cat and mouse and it appears there's no way both could get a mutual agreement that might compromise one another.Last night was a bloodbath as Dow was down more than 600+ points while Nasdaq had fallen by 3%.It's pretty drastic in my opinion, but we are getting the hang of it with Trump.Up 2% on one night, down 3% the next day, and then up another 2%, and then down another 3%.Monday is going to be interesting especially for our STI index which is still at 3,110, and are still up by about 4-5% (inclusive of dividend) year to date.Not cool at all given we want a bigger drop like the ones we've seen most recently in 2016, at the very least.The ye

1. SPH REIT  --  11th Jul 20192. SPH  --  12th Jul 20193. Kep Infra Trust  -- 15th Jul 20194. Kep Reit  --  15th Jul 20195. Kep-KBS US Reit  --  16th Jul 20196. Kep DC Reit  --  16th Jul 20197. CapitaCom Trust  --  17th Jul 20198. Kep Corp  --  18th Jul 20199. SATS  --  18th Jul 201910. FrasersCom Trust  --  22nd Jul 201911. Mapletreelog Trust  --  22nd Jul 201912. CapitaMall Trust  --  23rd Jul 201913. MapletreeInd Trust  --  23rd Jul 201914. Frasers Cpt Trust  --  23rd Jul 201915. MapletreeCom Trust  --  25th Jul 201916. Cache  --  25th Jul 201917. SIA Engg  --  26th Jul 2019 18. Suntec Reit  --  26th Jul 201919. Fr

Real estate investment trusts (REITs) are well-known for their relatively high and consistent dividend payments. However, not all REITs are made equal. Some will provide higher returns than others.  With that in mind, here are three important but often overlooked aspects of REITs that require your attention. Lease expiries Ideally, investors should look out for REITs that have properties mainly on freehold land. However, this is not always possible as most commercial or industrial land in Singapore is leasehold. If so, investors should try to look for REITs with land leases that are relatively long. A REIT that has a long land lease will not have to fret over land leases expiring and the land being returned to the state. While expiring land leases may eventually be extended, the outc

Real estate investment trusts (REITs) have skyrocketed in popularity in Singapore. Besides providing investors with exposure to a range of real estate, REITs also provide consistent and relatively high yields compared to the broader market.  But, with more than 40 REITs and stapled trusts in the market, which should investors buy? Below, I rank my top three REIT picks to buy now. No. 3: Riding on the e-commerce boom in China EC World Real Estate Investment Trust (SGX: BWCU) takes its place at the third spot on this list. One of the main reasons for this is the REIT’s comparatively high, yet sustainable yield. Based on current share prices, the pure-play China logistics REIT sports an attractive yield of 8.4%. To put that into perspective, its current yield is the second highest

These three slides from First Real Estate Investment Trust’s (SGX: AW9U) latest earnings should help investors better understand the defensive nature of its business.