tag:blogger.com,1999:blog-7944902213075756335.post3833825239713226210..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): Never lose money in real estate and REITs?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-7944902213075756335.post-91403058000923838552014-09-10T08:15:12.294+08:002014-09-10T08:15:12.294+08:00Home prices in Singapore will decline at a steeper...<i>Home prices in Singapore will decline at a steeper pace, falling by 20 per cent between this year and 2016, as economic restructuring as well as property and loan curbs continue to weigh on the housing market, Bank of America Merrill Lynch (BAML) said in its research report released Tuesday (Sep 9).<br /><br />“Overly tight population policies will imply the dominance of ageing-resident AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-38524861547985775172014-07-04T08:07:13.563+08:002014-07-04T08:07:13.563+08:00With recent weakness in manufacturing, experts sai...<i>With recent weakness in manufacturing, experts said this could impact demand for factory space.<br /><br />Coming at a time when the supply of industrial property is on the rise, they added that this could put pressure on some real estate investment trusts (REITs).<br /><br />Within the next four years, more than 5 million square metres of factory space, and 1.6 million square metres of AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56926453154469291042014-06-08T23:40:46.384+08:002014-06-08T23:40:46.384+08:00DEVELOPERS have collectively paid up to $55.1 mill...DEVELOPERS have collectively paid up to $55.1 million in extension fees for unsold units in their private condo projects since 2012. They could potentially fork out another $80.7 million to extend the sales period for another year if they do not sell their inventory by year-end, according to a study by OrangeTee Research.<br /><br />"As the penalty amounts to millions of dollars per project,AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-76102549953540774282013-10-25T21:37:13.620+08:002013-10-25T21:37:13.620+08:00In the third quarter, Savills Singapore says the a...In the third quarter, Savills Singapore says the average price of a home in the city is S$1,962 psf, compared to S$1,308 psf in the suburbs.<br /><br /><br />Eric Tan, chief executive officer of GSK Global, said: "The gap will continue to close for another six to nine months before the suburb homes -- we will start to see the suburb home prices fall. The prices of suburb condo is getting AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-41485329856865797162013-09-28T23:46:53.842+08:002013-09-28T23:46:53.842+08:00Even though the sell-off has left S-REITs fairly v...Even though the sell-off has left S-REITs fairly valued and their yield spreads over Singapore government bonds within average ranges, it's not the time to buy, analysts say. <br /><br />"It's not where rates are at, but rather, when will they stabilize and at what levels," Donald Chua, an analyst at CIMB, said in a note. He said shares could fall 12 percent from current levels AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58144868776366608792013-05-14T13:41:43.636+08:002013-05-14T13:41:43.636+08:00"Policy effect coupled with slower population..."Policy effect coupled with slower population and economic growth are likely to continue to add downside pressure to capital values, albeit moderately," said Dr Chua Yang Liang, head of Research, Singapore and South East Asia at Jones Lang LaSalle.<br /><br />"Both prices and rents will come under pressure in the months ahead, especially for newly completed projects which have beenAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-29283315484897135422013-04-22T11:32:03.419+08:002013-04-22T11:32:03.419+08:00AN ALL-IN bidding battle among 11 developers for a...<i>AN ALL-IN bidding battle among 11 developers for a plum plot in Tiong Bahru ended up smashing price records for a residential site.<br /><br />The land in Kim Tian Road drew a top bid of $550.28 million, or $1,163 per sq ft (psf) per plot ratio (ppr), from Keppel Land's Harvestland Development.<br /><br />That is the highest price per square foot ever tendered for a purely residential siteAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16433761884650634422013-04-09T00:40:35.883+08:002013-04-09T00:40:35.883+08:00According to Knight Frank, rentals of factory spac...<i>According to Knight Frank, rentals of factory space have increased by five per cent in Q1 2013 from Q4 2012 to S$2.13 per square foot islandwide.<br /><br />Knight Frank noted that the newer strata-titled factory spaces have commanded higher rentals, but with 24 million square feet of new supply coming up in the remaining 2013, rental increase is likely to be capped.<br /><br />According to AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-53986046660304841462012-12-17T22:51:26.184+08:002012-12-17T22:51:26.184+08:00Hi moonlight,
Welcome. Your first comment in my b...Hi moonlight,<br /><br />Welcome. Your first comment in my blog? ;)<br /><br />PCRT? I think it is still undervalued, fundamentally. You might want to read the comments in the following blog post from 30 August 2012:<br /><a href="http://singaporeanstocksinvestor.blogspot.sg/2011/06/perennial-china-retail-trust-weak-debut.html?showComment=1346315587604" rel="nofollow">Comments on PCRT.</a><br /><AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-61893826483496437352012-12-17T22:46:17.062+08:002012-12-17T22:46:17.062+08:00Hi Kelvin,
I don't know why MIT's unit pr...Hi Kelvin,<br /><br />I don't know why MIT's unit price is declining. Who can tell what's on Mr. Market's mind? ;)<br /><br />However, it would be prudent for us to exercise caution at this stage when unit prices have appreciated so much. <br /><br />I would like to have higher yields to compensate for possibly higher risk from 2013 to 2015. I can only wonder if Mr. Market agrees AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-33533096208331813972012-12-17T19:12:23.488+08:002012-12-17T19:12:23.488+08:00Hi AK,
Any thoughts on the recent run-up in price...Hi AK, <br />Any thoughts on the recent run-up in price for perennial china retail trust? <br /><br />Cheers,<br />moonlightZaananhttps://www.blogger.com/profile/00595941329307654290noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-3271113243126971132012-12-17T18:47:43.059+08:002012-12-17T18:47:43.059+08:00No wonder Mapletree Industrial is falling these fe...No wonder Mapletree Industrial is falling these few days. I have been entering one lot at a time using SCB but I think with this report, I will not over commit into this counter.<br /><br />Sabana has been a very rewarding investment and certainly the knowledge of 47% of their space up for renewal next year would be another dampener. <br /><br />But then, Retail reits are so expensive now, esp Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-77701932673391602432012-12-17T13:34:42.921+08:002012-12-17T13:34:42.921+08:00Hi Dc,
It is impossible to do a like for like com...Hi Dc,<br /><br />It is impossible to do a like for like comparison for FCOT and Saizen REIT. Apart from the fact that they are both REITs, they are not alike.<br /><br />The divestment of its Japanese commercial properties was seen as a positive for FCOT because they were performing so badly. Since they were a drag on the overall performance of the REIT, divestment makes sense. Post divestment, AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-43621966045586955932012-12-17T12:55:05.648+08:002012-12-17T12:55:05.648+08:00Hi ak71
Could you kindly comment on the recent di...Hi ak71<br /><br />Could you kindly comment on the recent disposal of its Japanese properties by FCOT?<br /><br />Also the election has somehow boosted the stocks in Japan.<br /><br />As a newbie, how useful are these information to our analysis of taking/accumulating position in saizen reits?<br />Thank you very much<br />DcMr Chuahttps://www.blogger.com/profile/09928203709243171237noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-81328903664851089732012-12-17T11:01:38.940+08:002012-12-17T11:01:38.940+08:00Hi Kim,
I always believe in hedging. There is aft...Hi Kim,<br /><br />I always believe in hedging. There is after all no certainty that Mr. Market would act in the way we expect him to act.<br /><br />So, I believe in remaining invested while keeping a war chest ready. See my blog post "AK71's simple strategy". :)<br /><br />No one can see the future but based on what we know, a picture of oversupply is forming from 2013 to 2015. AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-53752231847640458442012-12-17T00:01:58.507+08:002012-12-17T00:01:58.507+08:00Hi AK
I am thinking to get into some position for ...Hi AK<br />I am thinking to get into some position for AMP AIMS for income investing of course, in the coming week. Does this mean that I shld hold my hand now? <br />I also have Sabana too. With this impending oversupply concern, does it means we have to get rid of them or continue to hold for income?<br />Appreciate your adviceKimhttps://www.blogger.com/profile/01177731631862556104noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-67510251924574098682012-12-16T22:41:32.321+08:002012-12-16T22:41:32.321+08:00Hi inquisit0,
I talk about industrial S-REITs bec...Hi inquisit0,<br /><br />I talk about industrial S-REITs because I am most familiar with it. I can't seem to find any undervalued REIT to invest in now although the matter of valuation can be quite subjective.<br /><br />I have been able to find some stocks which I think are undervalued though. Marco Polo, SoundGlobal and China Minzhong, for examples. I also think that Perennial China Retail AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-46213141550760516992012-12-16T21:58:11.790+08:002012-12-16T21:58:11.790+08:00Hi AK,
Do you refer to all types of REITs in this...Hi AK,<br /><br />Do you refer to all types of REITs in this post? <br /><br />Be cautious of only industrial REITs?<br /><br />How about Commercial, Residential, Health and hospitality.<br /><br />Which one do you think can still invest in?<br /><br />Would like to hear your opinions. Thanks.inquisit0https://www.blogger.com/profile/09821520166528847761noreply@blogger.com