General S-REITs Discussion Thread

[Opps-gal]

But if 1 month can rent $3,500, 10 years already $400+k lei. He machiam kill golden goose like that considering that place can easily last another 30 years

Rent out and stay with tenants? No privacy?

 

[Dividends Warrior]

Comtemplating between FLCT and MLT.

Just buy both.

 

[audiovideo]

Will ascendas touch $3 soon?

 

[DevilPlate]

Might as well bet on local office reit like Keppel reit which is trading at 0.64 P/Nav
Recently been doing share buyback (quite substantial amount)

https://investors.sgx.com/_security-types/reits/K71U

Still cheap at 91cts

 

[OngHuatHuat]

Rent out and stay with tenants? No privacy?

Yes, I rented out one room to the same tenant for 8 years, every month 900. Recently lease another room out also.
MM unit also lease out.
The only regret I had is never purchase a much bigger condo as my first property.

 

[TehSi99]

Just buy both.

Ammo limited. Can only choose 1.

 

[elvintay07]

Rent out and stay with tenants? No privacy?

He got 2 property mah.

 

[foo9883]

seems like SG reits in general all going up

 

[snowcrabramyeon]

Just buy both.

Wow! All green! You must have timed the market entry very very well. You bought them all during the Mar 2020 bottom?

 

[boliao123]

whats up with the wide uplift in reits last few days? not like interest rates are going to cap any time soon.

 

[TehSi99]

whats up with the wide uplift in reits last few days? not like interest rates are going to cap any time soon.

Rotation play.
Oversold during last year.
Interest rate hike looks to slow down.
All negative outlook on interest rate impact already priced in last year.
Some reits managed to have rents reversion.
........

Anything still can happen.

DYDD !!

 

[Andrew833]

Ammo limited. Can only choose 1.

I choose FLCT in Dec 2022 as $1.17 is very yummy.
Btw I own both REITs.

 

[Dividends Warrior]

Wow! All green! You must have timed the market entry very very well. You bought them all during the Mar 2020 bottom?

Nope. No market timing. I just kept on buying since 2010.
Time in market is better than timing the market.
Boat comes back I buy more. Boat leaves port I buy less.
Power of CD forever!

 

[Soracak]

Held manulife reit since ipo. Anyone got perspectives what to do after the failed acquisition?

 

[Opps-gal]

Held manulife reit since ipo. Anyone got perspectives what to do after the failed acquisition?

https://dividendpassiveincome.blogspot.com/2023/04/quartz-capital-steps-in-to-protect.html?m=1
Do your voting for coming agm?

 

[vsvs24]

https://dividendpassiveincome.blogspot.com/2023/04/quartz-capital-steps-in-to-protect.html?m=1
Do your voting for coming agm?

I followed the drama of Quartz fighting the ESR- Sabana merger.

Good to have an activist that round up unit holders.

 

[Andrew833]

I followed the drama of Quartz fighting the ESR- Sabana merger.

Good to have an activist that round up unit holders.

If you hold ESR then, you will think otherwise.

 

[vsvs24]

If you hold ESR then, you will think otherwise.

I was not vested in both. Now also not vested in Manulife Reit.

Everytime we go AGM, no matter how unfair the resolution is, somehow always go through with high votes. The ESR-Sabana merger was like the only corporate action voted down. So it was very interesting.

Also learn new things eg how custodians vote on behalf of their holders.

 

[zeroX26]

But if 1 month can rent $3,500, 10 years already $400+k lei. He machiam kill golden goose like that considering that place can easily last another 30 years

Very flawed reasoning. For that to happen, you are assuming the rental market will remain this hot for the next 10 years. During a soft market, the rental diff can be as much as 50% cheaper loh. Case in point are the units around my aunty's place which I just helped to sell. Pre-covid the rental for the unfurnished 3-rm unit can't even hit $1.5k (half of the rental now).

 

[elvintay07]

Very flawed reasoning. For that to happen, you are assuming the rental market will remain this hot for the next 10 years. During a soft market, the rental diff can be as much as 50% cheaper loh. Case in point are the units around my aunty's place which I just helped to sell. Pre-covid the rental for the unfurnished 3-rm unit can't even hit $1.5k (half of the rental now).

But let’s say even if rental is $2,000, then 20 years lo. Even if HDB is 50 year old, still got 30 years. But again nothing wrong to cash out if you have plans with the money