Singapore REITs Comparison Table for Dividend Investing as Passive Income – June 2013

Finally Singapore REIT started selling off and SREIT P/B drops from 1.22 to 1.12. Is it good time to get in now as what The Straits Times (June 1, 2013) suggested? Personally I have cleared all my REIT portfolio and wait for a good opportunity for Great Singapore Sales. However I don’t think this is the right time to get in yet base on 3 reasons:

  • Fundamentally the current REIT is NOT cheap and still over value base on NAV.
  • Technically most REIT has broken the uptrend support and starting a bearish trend.
  • Distribution yield will drop if there is increase in interest rate.

StraitsTime Jun12013

 Added Croesus Retail Trust.

Singapore REIT stock comparison 1-June-2013

Compare to last month SREIT comparison table:

  • Price/NAV decreases from 1.22 to 1.12.
  • Dividend Yield increases from 4.97% to 5.6%
  • Gearing Ratio increases from 32.92% to 33.27%

Doing Fundamental Analysis of Singapore REIT is relatively easier than stock. If you are interested to learn how to do research on Singapore REIT and also time the entry / exit by learning the simple Trend Analysis, you may want to check out my 1st public tutorial “How to pick Singapore REIT for Dividend Investing” .

Disclaimer applied. I am NOT a certified Financial Advisor and NOT making any Buy or Sell recommendation. The above article is just my OWN analysis and PERSONAL opinion.

Singapore REIT Sell Off! Should you Take Profit Now?

Singapore REIT sold off on May 23, 2013 after Ben Bernanke’s speech on QE exit plan and shock contraction of China PMI. This caused Japan Nikkei plunged 7.3% in one day. Interestingly Singapore REITs also faced a wide sell off between 3-5% and this is very unusual because REITs are defensive in nature. It is time to really take a look at chart pattern and use technical analysis to exit the current portfolio. No if, No but, No need to hope and SAFETY first. Also bear in mind that the month of May is still not finished yet…. “Sell in May and Go Away?”

Note: Singapore REIT is over value at the moment.

See Singapore REIT Comparison table here.

Singapore REIT Sell Down May23-2013

Singapore REITs Comparison Table for Dividend Investment – May 2013

Marked BUBBLE in black! Amazingly people is willing to overpay > 70% of the value to invest in First REIT and Parkway Life REIT.

Singapore S-REIT stock comparison table 2May-2013

Compare to last month SREIT comparison table:

  • Price/NAV increases from 1.20 to 1.22
  • Dividend Yield drops from 5.34% to 4.97%
  • Gearing Ratio drops from 33.15% to 32.92%

First REIT chart shows Parabolic Curve.

First REIT May2-2013

 

Parkway REIT is at almost historical high.

Parkway REIT May2-2013

 

 

Doing Fundamental Analysis of Singapore REIT is relatively easier than stock. If you are interested to learn how to do research on Singapore REIT and also time the entry / exit by learning the simple Trend Analysis, you may want to check out my 1st public tutorial “How to pick Singapore REIT for Dividend Investing” .