General S-REITs Discussion Thread

[sohguanh]

Malaysia garmen can afford to pay 5.35% for their EPF and went up as high as 6.9%

You need to know even so high % the MYR is very small. Spore SGD 5 you can get a meal in Msia depend where you find is MYR 10 now.

 

[sohguanh]

A few blue chip REIT counter latest financial result released 24,25 Oct 2023. Mapletree Log, Mapletree Industrial, Frasers Centerpoint and tomorrow CapitalLand Ascendas. Results expected to be bad but is it really very bad is up to each reader to interpret the financials. I think Mapletree duo counters 52 week low price is actually still high in comparison to their NAV and PE ratio.

I may wait for them to XD see price drop further or not. I eyeing blue chip REIT counter quite long liao.

 

[revhappy]

Any thoughts on this portfolio?

 

[sohguanh]

Any thoughts on this portfolio?

This is CFA ETF? Link, Fortune REIT are not SGX listed REIT

 

[revhappy]

This is CFA ETF? Link, Fortune REIT are not SGX listed REIT

Manulife APAC REIT fund. The fund was launched at NAV of 1.00 in Apr 2019 and now the NAV is 0.5. It is 70% SG and remaining HK and AU.

https://secure.fundsupermart.com/fsm/funds/factsheet/MAM084

 

[sohguanh]

Manulife APAC REIT fund. The fund was launched at NAV of 1.00 in Apr 2019 and now the NAV is 0.5. It is 70% SG and remaining HK and AU.

https://secure.fundsupermart.com/fsm/funds/factsheet/MAM084

Quite bad performance. Monthly dividend distribution look great but if it is red colour all the way means overall you are losing monies despite the dividends paid out.

SGX ETF CFA top holdings very similar but it has much lower expense ratio.

 

[zeroX26]

Quite bad performance. Monthly dividend distribution look great but if it is red colour all the way means overall you are losing monies despite the dividends paid out.

SGX ETF CFA top holdings very similar but it has much lower expense ratio.

Still better than that stewpig UOB Green REIT ETF launched 2 years ago @)$@)$@$)....

 

[sohguanh]

Still better than that stewpig UOB Green REIT ETF launched 2 years ago @)$@)$@$)....

For some strange reason ETF did not take off very well in SGX. Only that few counters have great volume the rest is ghost no one visit.

 

[direbmem]

Quite bad performance. Monthly dividend distribution look great but if it is red colour all the way means overall you are losing monies despite the dividends paid out.

SGX ETF CFA top holdings very similar but it has much lower expense ratio.

Some will say need to long term DCA, cannot see result in just 2-3years and give up

 

[churnmaster]

Some will say need to long term DCA, cannot see result in just 2-3years and give up

Just enjoy the boat ride and hope to hit one of the shores soon

 

[DevilPlate]

Some will say need to long term DCA, cannot see result in just 2-3years and give up

First of all, must have strong faith in that particular etf/index fund

 

[sohguanh]

Next week there should be a few REIT that will XD. Frasers Centerpoint, Mapletree Log, Mapletree Ind, Mapletree Pan and more financial results released. CapitalAscendas later today. Capital Ascott next Monday. And today Suntec REIT XD. Based on past trend, typically share price will drop at XD and depend on the magnitude of drop, you may buy it cheaper than when it declared CD which will push up the price.

In current bad (high interest rate) environment buy them at XD maybe more worthwhile then cheong in when they declare CD IMHO

 

[TheAlphaLion]

Manulife APAC REIT fund. The fund was launched at NAV of 1.00 in Apr 2019 and now the NAV is 0.5. It is 70% SG and remaining HK and AU.

https://secure.fundsupermart.com/fsm/funds/factsheet/MAM084

Manulife can't even handle their US REIT properly, you trust them to handle APAC REIT?

 

[direbmem]

Manulife can't even handle their US REIT properly, you trust them to handle APAC REIT?

Hahahaha true, but manage property I think much harder than manage funds. But seems like they screw it up too lol

 

[stanlawj]

Buy! Buy!

Try the bull point of view, and see if it still makes sense.
Skip all the front and jump to here:

 

[Sambuca78]

Is it a good idea to use OA to buy SRT (or CLR)? Anything need to take note? Thanks.

 

[TehSi99]

Buy! Buy!

Try the bull point of view, and see if it still makes sense.
Skip all the front and jump to here:

May need to hold 1-2 years to see DPU turnaroud. 1-2 years could also be the time interest rate coming down and the loans renewed with better rates.

Currently, my dividends cannot cover the capital loss. But no choice, just take dividends first.

 

[jtsh55]

 

[homer123]

May need to hold 1-2 years to see DPU turnaroud. 1-2 years could also be the time interest rate coming down and the loans renewed with better rates.

Currently, my dividends cannot cover the capital loss. But no choice, just take dividends first.

SReit index and 2 major Reit ETFs in Spore also lost > 20% ytd.. > 30% from 2 years chart and probably >40% compared to pre-covid times... It is easily 3-5+ years of dividend loss for a 6% yield reit depend on when you invest.

The iEdge S-REIT Leaders Index has fallen 22% from its 52-week high hit on 3 Feb 2023.

 

[revhappy]

SReit index and 2 major Reit ETFs in Spore also lost > 20% ytd.. > 30% from 2 years chart and probably >40% compared to pre-covid times... It is easily 3-5+ years of dividend loss for a 6% yield reit depend on when you invest.

The iEdge S-REIT Leaders Index has fallen 22% from its 52-week high hit on 3 Feb 2023.

I think this is the first time we see such huge divergence between residential property prices and REIT prices. Malls are now being converted to Condos. I think even in CBD, it is more worth it to build a condo than to build an office building.