General S-REITs Discussion Thread

[DevilPlate]

Want to buy EC but no money for downpayment

Boomer age still wana buy EC?

can consider downgrade and apply 2/3rm bto liao

 

[Euqorab]

Boomer age still wana buy EC?

can consider downgrade and apply 2/3rm bto liao

Sorry I meaning to say nearing 50

 

[yslvlys]

Sorry I meaning to say nearing 50

49/50 buy EC like also a bit risky.

 

[elvintay07]

Buy reits with primarily US properties if you dare, they still very undervalued but it’s high risk
Keppel pacific oak, Manulife US, Prime US, etc

These kind of sampan reits can enter at 20% of the peak. Anything more is dangerous. Now we assume stormy days are over. If not over, quite likely your sampan flipped.

 

[elvintay07]

49/50 buy EC like also a bit risky.

To me no risky if you have the financial power. Everyday cross road also risky right? So today 70 years old cannot cross road meh? All about calculated risk. Today entry definitely gg to riskier than entry in 2020. But who says 2030 won’t be riskier than 2025? The only way not to take risk is don’t buy.

 

[thretiredDad]

Sorry I meaning to say nearing 50

never too late to make money

 

[Euqorab]

49/50 buy EC like also a bit risky.

To me no risky if you have the financial power. Everyday cross road also risky right? So today 70 years old cannot cross road meh? All about calculated risk. Today entry definitely gg to riskier than entry in 2020. But who says 2030 won’t be riskier than 2025? The only way not to take risk is don’t buy.

Thanks for sharing views!
I done some calculations still okay because I can encash current 4 room hdb flat but I just need down payment which no cash upfront

 

[thretiredDad]

49/50 buy EC like also a bit risky.

Can only loan so much from bank

Mean he is cash rich?

 

[Euqorab]

Can only loan so much from bank

Mean he is cash rich?

On the contrary not cash rich
My asset stuck in four room hdb house

 

[DevilPlate]

Buy physical property must whack when young young…..as u grow older and become cuter, yr loan tenure sibei short nia. My time that time still can borrow till 75yo instead of 65yo


So logically u want to borrow as much when u r fit fit and then cute cute liao buy reits (still leveraged instrument but yr age doesn’t matter)

 

[elvintay07]

Buy physical property must whack when young young…..as u grow older and become cuter, yr loan tenure sibei short nia. My time that time still can borrow till 75yo instead of 65yo


So logically u want to borrow as much when u r fit fit and then cute cute liao buy reits (still leveraged instrument but yr age doesn’t matter)

My approach is don’t care cute or not cute, only max 20 years loan. If can then stretch to 15 years. If all aim at max loan means one is not ready. Just like buy car, some loan max which to me doesn’t make sense.

 

[Euqorab]

My approach is don’t care cute or not cute, only max 20 years loan. If can then stretch to 15 years. If all aim at max loan means one is not ready. Just like buy car, some loan max which to me doesn’t make sense.

My HDB twenty year ago finish pay in ten years
By the way max cat loan u refer to official or unofficial

 

[elvintay07]

My HDB twenty year ago finish pay in ten years
By the way max cat loan u refer to official or unofficial

Some of my zai friends all paid full or sometimes just small loan. If take 70% loan, I feel quite risky also la

 

[Euqorab]

Some of my zai friends all paid full or sometimes just small loan. If take 70% loan, I feel quite risky also la

Sadly the prices have pushed many to forget about financial prudence

perhaps that what the top people wants peasants to do so that we can continue to work

 

[elvintay07]

Sadly the prices have pushed many to forget about financial prudence

perhaps that what the top people wants peasants to do so that we can continue to work

Always got the option of not buying. Things always get more expensive because of inflation mah. Property is good example, That is how those ultra rich make it. Can go look at those good class bungalow.

 

[Euqorab]

Always got the option of not buying. Things always get more expensive because of inflation mah. Property is good example, That is how those ultra rich make it. Can go look at those good class bungalow.

Guru do you know the property tax they pay how much? Say for gcb

 

[DevilPlate]

My approach is don’t care cute or not cute, only max 20 years loan. If can then stretch to 15 years. If all aim at max loan means one is not ready. Just like buy car, some loan max which to me doesn’t make sense.

Silly boy

For investment always stretch to max tenure and max loan so that you can have positive cashflow (rental income nett expenses) …..keep excess money in HYSA/MM fund as working capital…..just like doing biz u need E cash to tide over bad times or kena tenants from hell or need reno Etc.

*Max mortgage loan (cheapest loan on earth) and buy car in full cash for eg……


Own stay anything lah…..fully paid also can as long u still have few hundred Ks excess

 

[thretiredDad]

JPM: TGIF SG! 12 Sep

SREITs - What happens after Fed cuts?

The market is pricing in the Fed cutting at least 25 bps next week. In S-REIT’s two-decade history, we have had three Fed-cutting cycles. We believe the current scenario best mirrors the 2019 cycle before COVID when S-REITs outpaced STI due to DPU growth and earnings upgrades.

However, the underperformance of S-REITs vs STI during 2H24 Fed cuts is a reminder that rallies for some laggards over recent weeks may not be sustained if they report falling DPU and see cuts to consensus estimates. This should lead to diverging performance heading into 2026.

Thus, we continue to recommend investors to be vested in:
1) Singapore-focused REITs, which are key beneficiaries of the sharp 56% YTD decline in SORA to 1.3% (Figure 24), which is independent of Fed cuts such as CICT, FCT and KDCREIT, and
2) REITs with stabilizing and/or on the path to recovery, such as MPACT, SUN. We remain wary of CDREIT and MINT’s YoY decline in DPU.

 

[DevilPlate]

JPM: TGIF SG! 12 Sep

SREITs - What happens after Fed cuts?

The market is pricing in the Fed cutting at least 25 bps next week. In S-REIT’s two-decade history, we have had three Fed-cutting cycles. We believe the current scenario best mirrors the 2019 cycle before COVID when S-REITs outpaced STI due to DPU growth and earnings upgrades.

However, the underperformance of S-REITs vs STI during 2H24 Fed cuts is a reminder that rallies for some laggards over recent weeks may not be sustained if they report falling DPU and see cuts to consensus estimates. This should lead to diverging performance heading into 2026.

Thus, we continue to recommend investors to be vested in:
1) Singapore-focused REITs, which are key beneficiaries of the sharp 56% YTD decline in SORA to 1.3% (Figure 24), which is independent of Fed cuts such as CICT, FCT and KDCREIT, and
2) REITs with stabilizing and/or on the path to recovery, such as MPACT, SUN. We remain wary of CDREIT and MINT’s YoY decline in DPU.

MINT cui liao

 

[thretiredDad]

MINT cui liao

REITs market is running on hype
when reality hits
We will see who is swimming nude