Singapore REIT Bubble Charts December 2021
These Bubble Charts are used to show the “relative” positions compared to other Singapore REITs and give additional hidden information to help in my research and analysis.
- Distribution Yield vs Price/NAV ** (Value Pick)
- Gearing Ratio vs Price/NAV (Risk Avoidance)
- Gearing Ratio vs Interest Coverage Ratio (Risk Avoidance)
** Distribution Yield are lagging.
Distribution Yield vs Price/NAV

Distribution Yield is based on TTM (trailing twelve months) basis. Therefore it is a lagging indicator.
Gearing Ratio vs Price/NAV

Gearing Ratio vs Interest Coverage Ratio

A slight correlation between Gearing Ratio and ICR can be observed. The lower the Gearing Ratio, the higher the ICR.
Compare to previous Singapore REIT Bubble Charts here!
Disclaimer: The analysis is for Author’s own use and NOT to be used as Buy / Sell recommendation. Graphs plotted are best-effort basis.