Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 853.56 to 820.69 (-3.85%) compared to last month’s update. FTSE REIT Index is currently trading within the 800-822 range. Support Lines: Blue Resistance Lines: Red Short-term direction: Sideways Medium-term direction: Sideways Long-term direction: Sideways Immediate Support at 800 Immediate Resistance at 822, followed by 890   Previous chart on FTSE ST REIT index can be found in the last post: Singapore REIT Fundamental Comparison Table on May 1st, 2022.   Fundamental Analysis of 39 Singapore REITs The following is the compilation of 39 Singapore REITs with colour-coding of the Distribution Yield, Gearing Ratio and Price to NAV Ratio. The Financial

Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 864.41 to 853.56 (-1.25%) compared to last month’s update. The Singapore REIT index reached a high of 873 on April 5th, before falling into the 850-862 range since April 7th, staying in that range ever since. Support Lines: Blue Resistance Lines: Red Short-term direction: Sideways Medium-term direction: Sideways Long-term direction: Sideways Immediate Support at 850, followed by 807. Immediate Resistance at 862, followed by 890   Previous chart on FTSE ST REIT index can be found in the last post: Singapore REIT Fundamental Comparison Table on April 3rd, 2022.   Fundamental Analysis of 40 Singapore REITs The following is the compilation of 40 Singapo

Investment Portfolio1. Entitled to MapletreeInd scrip or cash dividend of 3.49 cents/unit2. Received Genting dividend of 1 cents/share  3. Received Frasers Cpt Trust dividend of 6.136 cents/unit 4. Increased Fu Yu holding by 20% at $0 cost5. Received Fu Yu dividend of 1.25 cents/share  6. Received InnoTek dividend of 2 cents/share 7. Increased Fu Yu holding by 5.56% at $0 cost8. Divested Genting at average $0.79/share netting Realized Gain +88.22% (Capital Return +47.76%, Dividend Return +40.46%)9. Portfolio Realized Gain increased from +16.87% to +20.04%, Cash Holding increased from +66.54% to +73.18%StockHolding Price*Market PriceUnrealized Profit/LossDividend ReturnIncomeCapitaMall Trust$1.155$2.19+87.22%+112.50%MapletreeInd Trust$0.9588$2.48+157.55%+85.65%

1.  SPH Reit  --  1st Apr 20222.  Kep Infra Trust  --  18th Apr 2022  (Business Update)3.  Kep DC Reit  --  19th Apr 2022  (Business Update)4.  Kep Pac Oak US Reit  --  19th Apr 2022  (Business Update)5.  MNACT  --  19th Apr 20226.  Kep Reit  --  20th Apr 2022  (Business Update)7.  MapletreeCom Trust  --  20th Apr 20228.  Kep Corp  --  21st Apr 2022  (Business Update)9.  ParkwayLife REIT  --  22nd Apr 2022  (Business Update) 10.  MapletreeInd Trust  --  26th Apr 202211.  CapitaLand China Trust  --  26th Apr 2022  (Business Update)12.  Sheng Siong  --  26th Apr 2022  (B

The net assets value went up mostly due to the dividends of S$19K received over the past month from the investment portfolio along with some slight recovery in the overall markets. The Ukraine-Russo war is here to stay and so is the battle against inflation by US Federal Reserve via the raising of interest rates. Singapore banks strangely rallied during the last week of April'22 in spite of the drop of around 10% in earnings.1. Portfolio 1- Stocks held in SGX Central DepositoryThis portfolio is designed to provide immediate dividends for use (if required) as it is under my own CDP account and the dividends credited goes directly to my bank account. Going forward, I will be concentrating resources to increase the quantum here as my other Portfolio 2- Margin Purchased Securities (please see

Investment Portfolio1. Received Lendlease Reit advanced distribution of 1.1371 cents/unit2. Increased Fu Yu holding by 25% at $0 cost3. Received Kep Corp dividend of 12 cents/shareStockHolding Price*Market PriceUnrealized Profit/LossDividend ReturnIncomeCapitaMall Trust$1.155$2.33+99.26%+112.50%MapletreeInd Trust$0.9588$2.61+171.11%+85.65%Kep DC Reit$0.9946$2.07+107.49%+47.41%Frasers Cpt Trust$1.6908$2.45+43.95%+28.25%Lendlease Reit--$0.79579.50 cents/share16.3201 centsUnrealized+110.35%+63.26%StrategicGenting SP$0.5314$0.81+51.84%+38.58%KepCorp$7.4156$6.1564-17.35%+52.54%InnoTek--$0.58558.50 cents/shareFu Yu--$0.27527.50 cents/share3.7 centsSTI ETF$2.3423$3.39+37.71%+7.31%Unrealized+13.47%+46.45%BlockchainCrypto    +5.14%Variant (Value, Quantity)-26.89%, +0.02% Unreali

11 April 2022 Money and Me: Can S-REITs maintain its upswing from Q1? Singapore REITs are poised to benefit from positive momentum as Singapore eases pandemic restrictions and border measures. But can they maintain the upswing? Michelle Martin gets an analysis from Kenny Loh, REIT Specialist and Independent Financial Advisor.   Timestamps 0:20 Intro 1:28 Outlook on Office S-REITs with more returning to the office 4:49 Hospitality REITs were the strongest performers in the past month. What are the contributing factors? 7:00 6 REITs dropped in March, which are they and why? Lendlease REIT Rights Issue and EC World REIT debt refinancing 9:04 Is the S-REIT market at fair value? Why is the S-REIT market still attractive 11:20 If geopolitical tensions ease (Real Estate as a safe haven), will

For those who have not subscribed for their Lendlease Global Commercial REIT ("LREIT") preferential rights issue, please take note that the closing date is on 12th April 2022 (Tuesday) 5pm. As I had mentioned in my last post, unit-holders who have no money or refuse to subscribe will be severely diluted by the super low ball price of S$0.72 per unit which is a 20% discount to the January 2022 peak of S$0.90 per unit. Personally, my thoughts are to at least subscribe at S$0.72 first and then sell them off at the higher last traded price of S$0.795 per unit (as at 5th April 2022) upon issuance if cashflow are tight. Application options for LREIT Preferential Rights Offerings (for those who held units directly in their own CDP account)Some folks have emailed me or posted query with

Investment Portfolio1. Received MapletreeInd  Trust scrip dividend, increasing holding by 1.39%, reducing cost from $0.9721/unit to $0.9588/unit2.  Entitled to Lendlease Reit advanced distribution of between 1.00 to 1.20 cents/unit3.  Entitled to Lendlease Reit preferential offering of 29 for 100 at $0.72/unit4.  Increased Fu Yu holding by 33.33% at $0 costStockHolding Price*Market PriceUnrealized Profit/LossDividend ReturnIncomeCapitaMall Trust$1.155$2.25+92.38%+112.50%MapletreeInd Trust$0.9588$2.69+179.45%+85.65%Kep DC Reit$0.9946$2.28+128.59%+47.41%Frasers Cpt Trust$1.6908$2.44+43.36%+28.25%Lendlease Reit--$0.77577.50 cents/share15.183 centsUnrealized+118.61%+63.17%StrategicGenting SP$0.5314$0.815+52.78%+38.58%KepCorp$7.4156$5.9109-20.66%+51.66%InnoTek--$0.63563.50 c

Talking about when the rubber meets the road from my last post and all hell broke loose indeed. Lendlease Global Commercial REIT ("LREIT") announced on 22 March 2022 the impending kick off of the private placement as well the preferential rights issue of 29 units for every 100 units owned and wow, this is more than double the amount I was expecting. As I read on the fund raising document, I nearly fainted when they revealed the price of the rights issue to be at a whopping 9.6% discount to the weighted average market price- a low ball offer of S$0.72 per unit. Unit-holders who have no money or refuse to subscribe will be severely diluted by the super low ball price of S$0.72 per unit which is a 20% discount to the January 2022 peak of S$0.90 per unit. I also expect the market price of