General S-REITs Discussion Thread

[TehSi99]

Im keen to buy too, but will wait for more selling

how abt SRT too?

Nobody know the bottom.

Again, nobody knows how high will the interest hike be.

Seems Reits continued to be hammered as long as the interest hike continues.

 

[Raynon]

Buy up for all reits at the end of the day

 

[xoxozone]

Just treat it as covid period again... It will rise again jus a matter of time

 

[1l92041H]

Nobody know the bottom.

Again, nobody knows how high will the interest hike be.

Seems Reits continued to be hammered as long as the interest hike continues.

yep definitely can't time the bottom

but pretty confident reits will bleed more

 

[stanlawj]

This could be just the beginning of a new era of normalisation of interest rate in SG as imposed by the currency fixing to USD. 2023-2024 could see two years of high interest rates for SGD loans. The normalisation of interest rate will persist and not be a short-term event that will blow over in just 6 months.

 

[TehSi99]

Buy up for all reits at the end of the day

Stuck in Reits now.

Reits is only attractive if price falls to real low and yields becomes like 3% above bonds.

 

[starbugs]

Very tempting prices, but still holding on to my bullets for now.

 

[zeroX26]

Very tempting prices, but still holding on to my bullets for now.

Which ones are tempting? Only Keppel DC Reit has dropped alot no?

 

[revhappy]

Unbelievable, CLR REIT is now at covid lows.

 

[TehSi99]

Unbelievable, CLR REIT is now at covid lows.

More reits will follow. Too late to get out now without losses.

 

[revhappy]

@Dividends Warrior how are you doing? Waiting for your blog update

 

[TabascoSauce]

said it months ago that REITS dont do well when interest go up, but nobody believes and think REITs can hedge their way through or pass on the cost to tenants by raising rent

 

[churnmaster]

Unbelievable, CLR REIT is now at covid lows.

COVID lows was in the high 70s, we are still in the 90s now.

 

[endlssorrow]

FCT $2.17 only
Suntec $1.53
Capital int $1.92
Etc

all so cheap now

 

[endlssorrow]

I tot most Reits managers already renew at fixed interests ? But still drop
Song

 

[revhappy]

COVID lows was in the high 70s, we are still in the 90s now.

Maybe it is weekly chart, it says 0.869
https://www.sgx.com/securities/products/CLR

 

[TehSi99]

I tot most Reits managers already renew at fixed interests ? But still drop
Song

Need more info to check on this.

But surely Reits doesn't look good in short term + risk free bonds getting more attractive.

For those invested in Reits for dividends as part of retirement plan really sabo big time by Fed.

 

[endlssorrow]

Need more info to check on this.

But surely Reits doesn't look good in short term + risk free bonds getting more attractive.

For those invested in Reits for dividends as part of retirement plan really sabo big time by Fed.

Won’t sabo by fed laaa

not the first time also

maybe first time increase so much after 10 years.

like someone mentioned the rental can push to tenants and push to consumers

 

[churnmaster]

Maybe it is weekly chart, it says 0.869
https://www.sgx.com/securities/products/CLR

The low was around 0.78

 

[churnmaster]

Won’t sabo by fed laaa

not the first time also

maybe first time increase so much after 10 years.

like someone mentioned the rental can push to tenants and push to consumers

Say the rentals go up by 6% while the underlying currency drop by 10% against SGD. What do you think should be the effect on its DPU ? Btw, borrowings are typically in USD or SGD.

With increase in interest rate comes bankruptcy and business closures, you still think rentals can be pushed higher. This is not like the rental squeeze you can have on foreigners living in rented accommodation.