Money and Me: S-REITs after the sell-off – bargains or yield traps?

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Here are broadcast-ready spoken drafts tailored for a live interview on MoneyFM 89.3. They are structured with clear, punchy, conversational phrasing that transitions seamlessly on air while maintaining institutional rigor.

Section 1: Why Have S-REIT Prices Fallen?

1. What drove September’s sell-off, and how much of it was justified by the REITs’ performance?

“What we saw in September was essentially a macro sentiment sell-off rather than an operational crisis.

The primary catalyst was a sudden spike in long-term bond yields. The Singapore 10-year government bond yield jumped roughly 23 basis points to around 2.58%, alongside rising US Treasury yields. Because REITs are priced relative to risk-free benchmark yields, higher bond yields compress the yield spread—forcing unit prices downward. The FTSE ST REIT Index dipped over 5.7% as a result.

Now, is that sell-off justified? In our view, it’s overdone.

If you look under the hood, key operating fundamentals across major S-REITs remain sound. Occupancies are healthy, rental reversions stay positive, and asset valuations have held firm. The market priced in macro rate anxiety rather than operational deterioration.”

2. UOB Kay Hian points to low domestic borrowing costs. Why are concerns about US interest rates still weighing on S-REITs?

“That comes down to two main drivers: global capital flows and overseas debt exposure.

First, institutional global capital looks at S-REITs relative to US Treasury yields. If a risk-free 10-year US Treasury offers attractive returns, global fund managers demand a wider yield spread to hold Singapore REITs, which drags down unit prices regardless of local fundamentals.

Second, while domestic borrowing costs—like the 3-month compounded SORA—have moderated to the 1.1%–1.2% range, many larger S-REITs hold overseas properties funded by US Dollar or Euro debt. Higher US interest rates keep refinancing costs elevated for those foreign tranches. So while local Singapore debt stays cheap, US rate sentiment still sets the international pricing floor.”

3. Which property sectors look stronger today, and where are you seeing signs of weaker demand?

“We see a clear divergence across sectors:

• The Clear Outperformers:

Data Centres and Industrial / Logistics. Demand driven by AI infrastructure, cloud adoption, and supply chain regionalisation remains structural and resilient. Singapore Retail also remains solid, supported by low unemployment and tourist recovery.

• Sectors Facing Headwinds:

Commercial Office and Overseas Properties. Office assets face headwinds from flexible work arrangements and shadow space. Overseas assets—particularly US office trusts or European logistics properties—are feeling pressure from higher local interest rates, currency weakness, and slower tenant absorption.

  • The key today is staying close to high-quality Singapore-centric assets.”

Section 2: Do Higher Yields Make Them Worth Buying?

4. What should investors check first to judge whether a REIT can maintain its payout?

“High headline yields can easily be a dividend trap if Distribution Per Unit (DPU) isn’t sustainable. Before buying, investors should check three crucial metrics:

1. Interest Coverage Ratio (ICR):

Look for ICR well above 3x. A healthy buffer ensures rising debt costs won’t immediately eat away at cash distributions.

2. Debt Maturity Profile & Hedging:

Check how much debt is expiring over the next 12–18 months and whether 70% to 80% or more of their debt is locked into fixed rates.

3. Aggregate Leverage:

Ensure gearing sits comfortably below 40-42%. That gives the manager headroom without needing emergency, dilution-heavy rights issues.”

5. CapitaLand Ascendas REIT’s H1 income available for distribution rose 8.6%, but its payout per unit barely increased. What explains that gap?

“This is a classic example of unit dilution vs. total earnings growth.

While total distributable income grew by 8.6% thanks to strong operational execution and new acquisitions, the total number of units on issue also expanded. That unit expansion happened through private placements and units issued for management fees.

When your profit pie grows by 8.6%, but you slice that pie among 8% more units, the slice per unit—or DPU—remains virtually flat. It highlights why investors must always look at per-unit metrics, not just aggregate income figures.”

6. Mapletree Industrial Trust’s latest quarterly payout fell 4.9% year-on-year. What would you need to see before considering it for income?

“MIT is dealing with two specific headwinds: higher borrowing costs and re-tenanting drag at some of its US data centres.

Before turning constructive on MIT for income, I would look for three signals:

1. Stabilization of US Data Centre Occupancy:

Backfilling vacant space or re-leasing at positive rental reversions.

2. Refinancing Peak Pass-Through:

Confirmation that their weighted average cost of debt has stabilized.

3. Accretive Capital Recycling:

Selling older, low-yielding Singapore general industrial assets to fund higher-yielding data centre acquisitions or lower debt.

Once DPU decline bottoms out and stabilizes, MIT’s high-quality portfolio makes it a strong candidate for long-term income.”

7. Keppel REIT’s payout includes temporary anniversary payments ending after H1 2027. How should investors assess the income they can expect beyond that?

“Investors need to strip out those temporary top-ups to calculate the core organic yield.

Keppel REIT’s 50th-anniversary distributions contribute a fixed amount each quarter until H1 2027. To assess true underlying performance:

• Deduct that anniversary payout from the current DPU to find the base operational DPU.

• Check whether organic rental growth—from assets like Ocean Financial Centre or Marina Bay Financial Centre—and income from recent acquisitions (like 255 George Street in Sydney) can bridge that gap by 2027.

If organic rent growth can replace that top-up over the next two years, the yield is sustainable. If not, investors should price the stock based purely on its base core distribution.”

8. Of these three, which looks most attractive to you now, and what is the main risk investors should weigh?

“Of the three, CapitaLand Ascendas REIT (CLAR) looks the most attractive today.

CLAR offers a highly diversified, blue-chip portfolio spanning tech parks, logistics, and data centers across Singapore, the US, Europe, and Australia. It benefits from an exceptional sponsor, strong credit rating, and healthy balance sheet.

• The Main Risk: Its overseas exposure. Foreign exchange fluctuations and higher refinancing costs on European and US properties remain the main drag on DPU growth. But for stability, scale, and long-term total return, CLAR leads the pack.”

Section 3: Could Mergers Improve Returns?

9. What problems could a merger solve for a smaller REIT?

“Scale is everything in the REIT market today. Merging solves three major problems for smaller REITs:

1. High Cost of Debt:

Smaller trusts pay wider credit spreads. Merging into a larger entity improves credit ratings and lowers borrowing costs.

2. Poor Stock Liquidity:

Small-cap REITs suffer from low trading volume, keeping institutional investors away. Larger market caps drive inclusion into major indices (like the FTSE EPRA Nareit Index), driving passive fund inflows.

3. Lack of Growth Runway:

Small REITs near their leverage limits can’t acquire new assets accretively. A larger balance sheet unlocks bigger, transformational deals.”

10. If a merger is proposed, what should investors check to see whether they would receive a fair deal?

“Unitholders should evaluate three critical deal terms:

• NAV Premium/Discount: 

Is the acquisition offer at or above Net Asset Value (NAV), or is one side being absorbed at a steep discount?

• DPU Accretion: 

Is the merger immediately DPU-accretive to existing unitholders, or does it dilute short-term returns for vague ‘future synergies’?

• Exchange Ratio & Cash Portion: 

If it’s an all-unit swap, examine whether the relative valuations fairly reflect both portfolios’ asset quality.”*

11. Could combining two struggling REITs leave investors with a bigger trust but the same problems?

“Absolutely—we call that ‘putting two bad apples in one basket.’

If you merge two sub-scale REITs that both suffer from weak assets, high leverage, or poor geographic locations, scale alone won’t fix the underlying asset quality. You end up with a larger entity that still faces structural vacancy and debt refinancing headwinds.

A successful merger requires complementary portfolios and a strong sponsor capable of injecting fresh, quality pipeline assets and lowering borrowing costs.”

12. For someone already holding S-REITs at a loss, how should they decide whether to hold, buy more or sell?

“I suggest applying a simple 3-Step Audit to your holdings:

1. Sell / Cut Losses:

If the REIT has weak sponsors, high debt (>45% gearing), low interest coverage (<2.5x), and assets in structural decline (e.g., pure US commercial office). Don’t hold purely hoping for a rebound.

2. Hold:

If the REIT owns quality assets with positive rental reversions, but is temporarily suppressed by high interest rates. Let the distribution yield pay you to wait.

3. Buy More (Dollar-Cost Average):

If it’s a blue-chip REIT (like CICT, CLAR, or Keppel DC REIT) with a strong sponsor, gearing below 40%, and dividend yields above 6%. Lowering your average cost here positions you well for when rate cuts materialize.

Focus on asset quality and balance sheet strength over short-term price volatility.”

Kenny Loh is a distinguished Wealth Advisory Director with a specialisation in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring capital appreciation through risk mitigation approaches and optimised wealth transfer through strategic asset structuring.

In addition to his advisory role, Kenny is an esteemed SGX Academy trainer specializing in S-REIT investing and regularly shares his insights on MoneyFM 89.3. He holds the titles of Certified Estate & Legacy Planning Consultant and CERTIFIED FINANCIAL PLANNER (CFP).

With over a decade of experience in holistic estate planning, Kenny employs a unique “3-in-1 Will, LPA, and Standby Trust” solution to address clients’ social considerations, legal obligations, emotional needs, and family harmony. He holds double master’s degrees in Business Administration and Electrical Engineering, and is an Associate Estate Planning Practitioner (AEPP), a designation jointly awarded by The Society of Will Writers & Estate Planning Practitioners (SWWEPP) of the United Kingdom and Estate Planning Practitioner Limited (EPPL), the accreditation body for Asia.

You can join his Telegram channel #REITirement – SREIT Singapore REIT Market Update and Retirement related news. https://t.me/REITirement

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Money and Me: S-REITs: Buying Opportunity, Value Trap or Time to Move On?

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Michelle: “Let’s take the temperature of the S-REIT market first. Where are we now—and who have been the clear winners and losers to date?”

Kenny:

“Michelle, if we look strictly at share prices since the start of 2026, the honest answer is: there are virtually no winners. Persistent rate uncertainty has kept equity valuations pinned down across the entire board. FTSE ST REIT Index has dropped from 2026 high of 725 to 633 as of yesterday close. (12.6% YTD declines)

However, beneath those flat share price charts, we are seeing a major operational divergence in earnings and DPU.

The outperforming side of this ‘K-shape’ belongs to REITs delivering genuine DPU expansion—like CapitaLand Integrated Commercial Trust (CICT), Keppel DC REIT, Lendlease Global Commercial REIT, Alpha Integrated REIT. They’re benefiting from lower domestic SORA rates compared to peak years, active portfolio restructuring, and strong local rental reversions. 

On the losing end, you have offshore commercial assets—especially US office REITs—and highly leveraged small-caps suffering structural DPU cuts from sticky overseas borrowing costs and persistent vacancy risks.”

Michelle: “REIT investors have endured several difficult years. Is the pain still mainly an interest-rate story, or are we now seeing a much bigger divide between REITs with genuinely strong assets and balance sheets and those with structural problems?”

Kenny:

“It was an interest-rate story, but now it’s purely a fundamental story.

When rates spiked, the rising tide dragged all ships down together. But now that rates have plateaued for a while, the tide is out (the REIT Managers have sufficient time to make adjustment to their portfolio and optimise the capital structure)—and we can clearly see who’s been swimming without shorts.

The divide comes down to two things: aggregate leverage and rental reversions. The strong blue-chips kept debt hedges above 70%, maintained leverage below 40%, and can push through positive rental growth to offset elevated debt costs. The weaker, un-hedged REITs with >40% gearing are forced to absorb negative reversions while paying steep interest expenses. Rate cuts alone won’t fix a broken asset structure.”

Michelle: “For investors sitting on sizeable losses, what’s the decision framework now: hold and collect distributions, average down, or admit the original thesis changed and get out?”

Kenny:

“I break it down into three clear rules for my clients:

First, Hold and Collect if the operational thesis is intact—meaning positive rental reversions, covered distributions, and a manageable debt expiry profile. You’re being paid to wait.

Second, Average Down only on high-quality operational winners whose stock prices were dragged down by macro sentiment, rather than broken business models.

Third, Cut Losses if you see structural DPU erosion, gearing creeping past 42–45% without a clear recapitalization plan, or fundamental sector decay like secondary US office space. Don’t let price anchoring trap your money when higher-yielding, lower-risk opportunities exist elsewhere.”

Michelle: “Where would you actually be prepared to average down today? Which S-REIT segments give you the best combination of sustainable yield and potential capital upside?”

Kenny:

“I would comfortably average down in Suburban Retail, Logistics, and select Data Centres.

Suburban retail hubs like Frasers Centrepoint Trust or CICT enjoy sticky essential consumer spending and tight supply. Industrial and logistics REITs continue to capture supply chain shifts across Southeast Asia.

My strict rule for averaging down: look for strong sponsor backing, low aggregate leverage (ideally under 40%), active capital recycling, and proven DPU resilience.”

Michelle: “And where would you not average down, however attractive the headline yield looks? What tells you a 6% or 7% yielding REIT is actually a value trap?”

Kenny:

“When an S-REIT trades at an 8% to 11% headline yield, the market isn’t giving you a bargain—it’s pricing in a dividend cut, an asset write-down, or a rights issue.

The ultimate red flags for a value trap are:1. A ‘refinancing wall’ where a massive block of debt matures within 12 months at much higher rates.2. Interest Coverage Ratios (ICR) dropping close to MAS’s regulatory threshold of 1.5x.3. Persistent negative rental reversions year after year.”

Michelle: “If you’re tired of waiting for S-REITs to recover but still want income, what competes most convincingly for that money today—banks, bonds, income ETFs, or something else?”

Kenny:

“Singapore Banks—DBS, OCBC, UOB—remain the most direct competitor. They offer strong dividend yields backed by robust capital ratios and excess capital management.However current valuation is stretched for these banks (DBS 3.1x PB with 3.2% yield, OCBC 2.3x with 2.6% yield)

Beyond equities, S$ IG corporate bonds (3-5%), private credit (7-10%), and high-dividend yield ETFs give investors steady 5% to 6% yields without single-stock volatility. REITs still belong in an income portfolio, but today’s market demands a barbell strategy alongside fixed income and high-dividend equities.”

Michelle: “One argument for staying with REITs is that you’re being paid while you wait. But after years of weak capital performance, should investors pay much more attention to total return rather than distribution yield?”

Kenny:

“100%, Michelle. Yield without capital preservation is an illusion. A 7% yield means nothing if the underlying Net Asset Value (NAV) drops 10% every year.

Total return is Distribution Yield plus NAV growth. Investors must look past headline yield and choose REIT managers who create value through Asset Enhancement Initiatives (AEIs) and selling non-core properties above book value to pay down debt.”

Michelle: “What about the rate cycle? Are we at the point where a good REIT should be able to perform without needing interest rates to fall dramatically?”

Kenny:

“Absolutely. A high-quality REIT should never rely on a central bank bailout to survive.

The best managers have already adapted to this ‘higher-for-longer’ baseline. They’re running high occupancy rates above 95%, generating organic rent growth of 5% to 10%, and recycling non-core assets to keep their cost of debt low. Lower rates will be a welcome bonus, but the true winners are already performing today.”

Michelle: “There’s also been huge enthusiasm around data centres because of AI demand. Are data-centre REITs genuinely a way for income investors to participate in the AI boom, or are investors paying too much for that narrative?”

Kenny:

“It is a genuine structural tailwind, but retail investors need to look past the hype.

AI expansion requires massive power capacity and hyperscale facilities, which benefits names with deep pockets. But data centres carry huge capital expenditure costs, rapid tech obsolescence, and power grid constraints.

Data centre REITs are a solid growth sleeve for an income portfolio, but you must evaluate power capacity rights and tenant creditworthiness rather than buying blindly into the ‘AI’ label.”


Kenny Loh is a distinguished Wealth Advisory Director with a specialization in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring tax-efficient capital appreciation through risk mitigation approaches and optimized wealth transfer through strategic asset structuring.

In addition to his advisory role, Kenny is an esteemed SGX Academy trainer specializing in S-REIT investing and regularly shares his insights on MoneyFM 89.3. He holds the titles of Certified Estate & Legacy Planning Consultant and CERTIFIED FINANCIAL PLANNER (CFP).

With over a decade of experience in holistic estate planning, Kenny employs a unique “3-in-1 Will, LPA, and Standby Trust” solution to address clients’ social considerations, legal obligations, emotional needs, and family harmony. He holds double master’s degrees in Business Administration and Electrical Engineering, and is an Associate Estate Planning Practitioner (AEPP), a designation jointly awarded by The Society of Will Writers & Estate Planning Practitioners (SWWEPP) of the United Kingdom and Estate Planning Practitioner Limited (EPPL), the accreditation body for Asia.

You can join his Telegram channel #REITirement – SREIT Singapore REIT Market Update and Retirement related news. https://t.me/REITirement

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Money and Me: Investors calling for better Forward Guidance

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Listen to the recording below

https://audio.sph.com.sg/podcast-ep/01kzwqkx3qjf7kc8nwbcray52k/

Here are structured, spoken-style responses tailored for a live broadcast on MoneyFM 89.3 with Michelle Martin. They balance quick, punchy opening hooks with sharp analytical depth designed for a sophisticated institutional and retail listening audience.

Question 1: What separates genuinely useful forward guidance from investor-relations theatre?

Response: “Michelle, IR theatre is about generating headline hype; genuinely useful guidance is about providing operational visibility.

Let me give you an analogy. 

Suppose I tell you, ‘Michelle, I plan to exercise and lose weight this year.’ That sounds nice, but it’s completely unmeasurable. 

Compare that to me saying: ‘I am going to lose 4 kg in one month by exercising one hour every day, rain or shine, and cutting down to two meals a day. If I miss a workout on Tuesday, I will make up for it on Wednesday, and I will track my weight every Friday.’

Which statement shows real commitment and operational accountability? And which one gives me room to manufacture excuses when I don’t hit the target a month later?

That’s the difference in capital markets:

1. IR Theatre relies on vague statements—saying things like ‘we remain cautiously optimistic’ or ‘we expect headwinds’—without quantifying anything or holding management accountable.

2. Useful Guidance provides specific, measurable parameters—like NPI, DPU, interest cost, etc.

3. Most importantly, it stops the practice of selective explanation—where management enthusiastically details good news, but grows opaque or blames the macro environment when results fall short. Useful guidance creates an objective benchmark that holds management accountable in all conditions.”

Question 2: UI Boustead REIT’s NPI missed its IPO forecast by 4.3%. How can investors tell the difference between a meaningful miss, or a headline that diverts from actual strong fundamentals?

Response: “Investors need to look past the headline variance and ask one fundamental question: Is this an execution failure or an operational model variance?

In UI Boustead REIT’s maiden results, the headline reported an NPI shortfall of 4.3%. But when you look under the hood:• Committed occupancy surged to 98.1%.• Japan assets hit 100% committed occupancy.• Singapore rental reversions were positive at +2.6%.• Property operating expenses came in below budget.• Joint venture income outperformed forecast by over 30%.

The NPI slippage was almost entirely driven by two factors: a weakening Japanese Yen and minor execution friction around lease commencement timing.

A meaningful miss happens when core operational metrics fail—like falling occupancy, negative rental reversions, or structural tenant defaults. 

A transient headline variance happens when underlying real estate metrics improve, but short-term FX translation or lease timing creates temporary noise. Investors must learn to judge whether a forecast was simply flawed, or if the underlying asset degraded.”

Question 3: Can REITs provide clearer guidance than other companies?

Response: “Absolutely. In fact, REITs have less excuse than almost any other sector listed on the SGX.

Consider ordinary corporate stocks—a consumer tech firm or retailer faces violent swings in demand, supply chain shocks, product obsolescence, and seasonal cycles.

A REIT’s financial architecture is structurally engineered for predictability:

• Contractual Revenue: Income is backed by multi-year leases with fixed rental steps.

• Hedged Costs: Interest costs are largely locked in via fixed-rate hedges, and property debt maturities are known years in advance.

• Static Asset Footprint: Operating expenses and property maintenance costs are highly predictable.

With fixed top-line visibility and hedged cost structures, REIT managers are sitting on the most predictable models in public capital markets. Withholding forward guidance under the guise of ‘market uncertainty’ directly contradicts the fundamental nature of the asset class.”

Question 4: Which forward indicators matter most?

Response: “Instead of just asking for a single headline Distribution Per Unit (DPU) forecast, investors should focus on four leading operational metrics:

1. Weighted Average Lease Expiry (WALE) & Expiry Profiles: What percentage of gross rental income is coming up for renewal over the next 12–18 months, and what are current market spot rents relative to passing rents?

2. Rental Reversion Guidance: Is management projecting flat, single-digit, or double-digit reversions across specific sub-sectors (e.g., logistics vs. commercial office)?

3. Capital Management Metrics: Fixed-rate debt ratios, average cost of debt, and upcoming refinancing cliffs. If 30% of debt matures next year at a higher rate, what is the exact distribution impact?

4. Occupancy Commitments: Looking at committed vs. actual physical occupancy to spot lease turnarounds before they hit cash flow.”

Question 5: Do you think currently investors put more weight on a REIT hitting its forecast or management explanation for any gaps between forecast and results?

Response: “Right now, the market is overly fixated on the binary ‘hit or miss’. That’s partly because retail investors and algorithms react to headline news algorithms.

However, institutional capital acts differently. Institutional investors understand that the future cannot be predicted with 100% precision. What builds long-term institutional trust is credibility in management explanation.

If a REIT hits its forecast purely because of a one-off tax write-back or an unexpected non-operational gain, that’s poor quality execution masking a bad operational quarter. But if a REIT misses a target due to an exogenous currency shift—yet management transparently details why it changed, whether it’s temporary or structural, and how they are hedging it—investors will reward that management team with trust.

Markets don’t ultimately invest in crystal balls; they invest in the credibility of the people managing the business.”

Question 6: What would forward guidance do for investors — improve accountability or encourage short-term decisions simply to hit a number?

Response: “Michelle, it dramatically improves accountability and market efficiency if guidance is structured properly.

The idea that management will make short-sighted cuts just to hit a single quarterly number only happens when guidance is treated as a rigid, single-point target. That’s why REIT managers should provide a DPU guidance range—a low, base, and high scenario.

Providing a clear range solves a major irony in our capital markets today.

Right now, when REITs withhold guidance, equity analysts are forced to play a guessing game—plugging blind assumptions into their financial spreadsheets. IR teams have actually shared with me that they spend countless hours reading published analyst reports just to spot and correct flawed assumptions after the fact!

Isn’t that completely backwards? Why spend time checking other people’s homework when the REIT manager can provide a realistic guidance range from the outset?

A guidance range eliminates the guessing game, aligns analyst expectations with reality, and shifts IR from reactive damage control to proactive transparency.

More importantly, public guidance drives real internal discipline:

1. Internal Alignment: It forces executive teams to translate financial targets into actionable KPIs for asset management and leasing teams.

2. Mandatory Stress-Testing: Leadership is compelled to stress-test FX shifts, interest rates, and leasing lag before they manifest on balance sheets.

3. Proactive Risk Management: It forces managers to act early—renegotiating leases or tightening hedges—rather than manufacturing retrospective excuses at year-end.”

Question 7: Should transparent REITs command higher valuations?

Response: “Yes, absolutely—and economic theory as well as human psychology prove it.

Michelle, it comes down to a simple reality of human nature: when people face uncertainty or unknown risks, they naturally add a massive buffer.

• Creditors and Lenders add interest rate buffers and demand higher debt margins when earnings visibility is low.

• Equity Analysts discount cash flows more aggressively and apply higher cap rates in their valuation models.

• Investors demand a much higher DPU yield to compensate for keeping them in the dark.

All of these extra buffers add up to a heavy hidden tax across the entire REIT value chain!

When a REIT manager provides clear forward guidance, maintains transparent disclosures, and eliminates ‘selective explanation’, they strip away that uncertainty buffer. Lenders can price debt more competitively, analysts don’t need to over-conservatively haircut DPU estimates, and institutional investors can price equity with confidence.

By removing the ‘uncertainty penalty’, transparent REITs lower their overall cost of capital, attract sticky institutional money, and ultimately command higher, premium valuations compared to peers who keep the market guessing.”

Kenny Loh is a distinguished Wealth Advisory Director (RNF# LKK300389588 Representing Financial Alliance) with a specialization in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring tax-efficient capital appreciation through risk mitigation approaches and optimized wealth transfer through strategic asset structuring.

In addition to his advisory role, Kenny is an esteemed SGX Academy trainer specializing in S-REIT investing and regularly shares his insights on MoneyFM 89.3. He holds the titles of Certified Estate & Legacy Planning Consultant and CERTIFIED FINANCIAL PLANNER (CFP).

With over a decade of experience in holistic estate planning, Kenny employs a unique “3-in-1 Will, LPA, and Standby Trust” solution to address clients’ social considerations, legal obligations, emotional needs, and family harmony. He holds double master’s degrees in Business Administration and Electrical Engineering, and is an Associate Estate Planning Practitioner (AEPP), a designation jointly awarded by The Society of Will Writers & Estate Planning Practitioners (SWWEPP) of the United Kingdom and Estate Planning Practitioner Limited (EPPL), the accreditation body for Asia.

Arrange for a non-obligatory one-to-one free consultation here!

You can join his Telegram channel #REITirement – SREIT Singapore REIT Market Update and Retirement related news. https://t.me/REITirement

If you need any financial advice, please contact kennyloh@fapl.sg

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Continue ReadingMoney and Me: Investors calling for better Forward Guidance