General S-REITs Discussion Thread

[sohguanh]

SGX ETF CLR, SRT may only cover S-REIT. For readers looking to go beyond local REIT I guess there is no choice but to do own research into individual REIT like cromwell, daiwa, sasseur, ireit etc which is much more riskier. Anyone like me chicken out ignore them and just focus on local REIT instead?

 

[TehSi99]

SGX ETF CLR, SRT may only cover S-REIT. For readers looking to go beyond local REIT I guess there is no choice but to do own research into individual REIT like cromwell, daiwa, sasseur, ireit etc which is much more riskier. Anyone like me chicken out ignore them and just focus on local REIT instead?

I would not say chicken out.

So far, the blue chips most local are still better in comparison, especially in the recent volatile and high interest rate environment.

 

[wira]

SGX ETF CLR, SRT may only cover S-REIT. For readers looking to go beyond local REIT I guess there is no choice but to do own research into individual REIT like cromwell, daiwa, sasseur, ireit etc which is much more riskier. Anyone like me chicken out ignore them and just focus on local REIT instead?

i would do the same ..planning to exit Syfe reit and just buy the ETF ..

 

[ekardo]

Let's share tips.

 

[sohguanh]

Let's share tips.

SGX listed REIT ETF is only that many. What tips are you asking? CLR SRT CFA GRN which is better in terms of dividends payout? Or which is trading below NAV?

 

[sohguanh]

i would do the same ..planning to exit Syfe reit and just buy the ETF ..

Yeah another convert. poems deserve to be mentioned more often in this forum. They are old school broker but once a while they offer good lobang hence I share.

 

[ekardo]

SGX listed REIT ETF is only that many. What tips are you asking? CLR SRT CFA GRN which is better in terms of dividends payout? Or which is trading below NAV?

eg, which app to buy? when is a good time to go in etc?

 

[zeroX26]

eg, which app to buy? when is a good time to go in etc?

The key psychological support for STI ETF is usually 3000. So u can base on that for a start. For me I prefer to use 1-yr moving average.

 

[sohguanh]

eg, which app to buy? when is a good time to go in etc?

CLR and SRT top 10 holdings overlap each other just different weightage. If monies no problem can get both IMHO.

CFA has lot of S-REIT which overlap with CLR SRT too. But it has some HK, India.

GRN has lot of Australia.

So to me get all 4 is ok or fist tight choose between CLR and SRT. Then total 3.

Good time for REIT ETF is actually to accumulate now using poems no min comm promotion. S-REIT now is very low with caveat it can go lower of cuz

Me already vested in all 4. Now thinking ES3 or G3B. For STI ETF I use 3000 as a guide so now is a bit high for me.

For ETF I also monitor their NAV to see if I am overpaying or buy at a discount. If you don't want dividends just pure capital play i would advise get those with daily high volume like HST as some other are ghost town the market maker play with you only hahaha and some don't play so you see ZERO transaction for days?!

 

[ekardo]

how much is the commission or fee for say, if I do a 1k per month DCA ? slowly building up again..

 

[sohguanh]

how much is the commission or fee for say, if I do a 1k per month DCA ? slowly building up again..

Depend which broker you using. I use poems promo is 0.28% no minimum comm + standard SGX fees

 

[thretiredDad]

SG EQ Snippets - 08 Aug

via UBS

We recap REIT earnings in the last few weeks and see that during 2Q23 SREIT reporting season, 63% of our coverage posted misses against UBS/consensus estimates with none beating. Hospitality aside, the common theme across sectors was high borrowing cost neutralising top-line growth. New economy industrial remained most resilient. CLAR and MLT are our most preferred names.

 

[sim21]

Hi all. Hope your don't mind me asking newbie question. CDL HT declare dividend, the price drop. That is normal right?

 

[thretiredDad]

Singapore REITs - 2Q23 in line: cost pressures expected to ease - Buy CICT, CLAR, MINT.

Goldman sex

S-REITs 2Q23 results were in line, with most DPUs flat to -3% YoY from higher financing costs. Singapore fundamentals remain healthy while pockets of weakness largely exist in their overseas markets. Forward guidance is broadly positive for operating metrics with cost pressures expected to gradually ease. Within S-REITs, we prefer industrial S-REITs given their stronger fundamentals and most completed acquisitions and fund raisings, with Buys on CapitaLand Ascendas (CLAR) and Mapletree Industrial (MINT). Within commercial, we retain Buy on CapitaLand Int Commercial Trust (CICT).

 

[waxqube]

Hi all. Hope your don't mind me asking newbie question. CDL HT declare dividend, the price drop. That is normal right?

CDL HT pay out cash as dividends so it's worth less. Would you pay the same price for it?

 

[gnooliew]

Yes verified only for SGX listed ETF and link to CDP as I am using poems cash management account type which default to CDP. 0.28% no minimum comm also verified but placing a buy order require prefund strange becuz payment is only taking place at T + 2

Didn't know about this as well. Looks good.. should be the best in terms of cost to DCA reit ETFs. Furthermore linked to CDP which is better than nominee account. Other than Poems, any other broker also similarly competitive? I think DBS cash upfront also quite competitive (discounted fees for buy trades).

Poems Dividend goes to bank account or the cash mgmt account?

 

[DevilPlate]

Didn't know about this as well. Looks good.. should be the best in terms of cost to DCA reit ETFs. Furthermore linked to CDP which is better than nominee account. Other than Poems, any other broker also similarly competitive? I think DBS cash upfront also quite competitive (discounted fees for buy trades).

Poems Dividend goes to bank account or the cash mgmt account?

For DBS cash upfront (0.12% min $10), DCA amt >4k better than Peoms at 0.28% (no min)

 

[vsvs24]

Wah. Drama.

https://www.theedgesingapore.com/news/reit-watch/sabana-reits-unitholders-vote-remove-manager

 

[sohguanh]

Didn't know about this as well. Looks good.. should be the best in terms of cost to DCA reit ETFs. Furthermore linked to CDP which is better than nominee account. Other than Poems, any other broker also similarly competitive? I think DBS cash upfront also quite competitive (discounted fees for buy trades).

Poems Dividend goes to bank account or the cash mgmt account?

The promo started in Feb 2022 but I only know of it only last week so it has been going on for quite a while. Just happen this forum more readers using ibkr, moomoo, tiger brokers, endowus etc so lesser mention of poems. For poems cash management account type it is tagged to CDP so dividends will be via CDP linked bank account. But if you opt for poems cash plus account type it is custodian like ibkr, moomoo, tiger broker so dividends will be into respective cash account I think. Poems cash plus account fees for SGX is 0.08% no minimum comm quite good but need to trade every quarter else kena fee.

 

[sohguanh]

Today all my SGX REIT ETF get filled. Looking at each individual SGX REIT counter price action that explain why.

Anyone into SGX REIT ETF too? Now is quite a good time to go in slowly. Furthermore ETF minimum board lot is 1. Of cuz do your own maths whether the comm fee is worth if you put in 1 unit. But the option is there compared to individual REIT that is minimum board lot of 100.