Singapore REITs – monthly update – The Property Chronicle
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Singapore REITs – monthly update

The Analyst

  • FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 828.26 to 854.19 (+3.13%) compared with last month’s update. Currently the REIT index is testing the resistance of about 852 of a sideways consolidation range.
  • Yield spread (reference to ten-year Singapore government bond of 0.893%) tightened from 4.575% to 4.407% due to a drop in TTM DPU.
  • The risk premiums are 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 still trading on sideways consolidation with low volatility until the breakout. Current macro factors such as low interest rate environment, aggressive M&A for future DPU growth and recovery of global economic support the bullish breakout.

Technical analysis 

FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 828.26 to 854.19 (+3.13%) compared with last month’s update. Currently the REIT index is testing the resistance of about 852 of a sideways consolidation range.






The Analyst

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

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