Suntec REIT has been running strong lately (a whopping 16% gain since the the recent low in Dec 2013) but currently facing a resistance at about $1.74.
So, is it good to chase Suntec REIT at the current price? Let’s look at the Fundamental Analysis of Suntec REIT:
- Last Price = $1.735
- NAV = $2.108
- Price / NAV = 0.823
- Distribution Yield = 5.907%
- Gearing Ratio = 38%
- WADE = 2.44 Years
Compare with other Singapore REITs, there are better options with Better Value and Lower Risks Singapore REITs, in terms of distribution yield and gearing ratio at the current price.