Singapore REITs – Monthly Analysis – The Property Chronicle
Select your region of interest:

Real estate, alternative real assets and other diversions

Singapore REITs – Monthly Analysis

The Fund Manager

* FTSE ST REIT Index up 745.45  to 823.64 (+10.49%) on the month update.

*  Index has rebounded c41% as of June 12 closed after hitting the recent high of 878 (c.50% rebound from the bottom).

* Yield spread (reference to 10-year Singapore government bond of 0.981%) has tightened from 6.97% to 5,47%. 

* The risk premium is still attractive to accumulate Singapore REITs in stages to lock in the current price and long-term yield after the recovery.

* Technically the REIT Index is currently on uptrend and have further upside if the 200D SMA resistance is overcome. 

* REIT sector outperforms the financial sector and Singapore Straits Times Index (STI) since the bottom on Mar 23, 2020.

Technical Analysis 

If the REIT index can clear the 200D SMA resistance, the REIT index will enter into a full Bull territory and have a chance to break new high. Current bullish momentum is very strong. 

Short term direction: Up.






The Fund Manager

About Kenny Loh

Kenny Loh

Kenny Loh is a Associate Wealth Advisory Director and REITs Specialist of Singapore’s top independent financial advisor. He helps clients construct diversified portfolios consisting of different asset classes from REITs, Equities, Bonds, ETFs, Unit Trusts, Private Equity, Alternative Investments and Fixed Maturity Funds to achieve an optimal risk adjusted return. Kenny is also a Certified Financial Planner, REIT Trainer of Singapore Exchange, Certified Trainer of Institute of Banking and Finance Singapore. Kenny started his personal investment blog http://mystocksinvesting.com in 2009.

Articles by Kenny Loh

Subscribe to our magazine now!

SUBSCRIBE

Our Partners