Welcome to my investment blog where I share with you my analysis of REITs in Singapore.

I hope that my investment philosophy will bring me a steady stream of income apart from my job. I am aiming for at least $3,000 per month which can sustain the current expenses of myself and my family.

Do enjoy reading my blog and post any comments that you have. I welcome them because it is a time to learn from each other.

When I am looking at investing in REIT, here are some of the guidelines that I am looking at. Feel free to comment on it. I am willing to listen to ideas.

-> at least 8% yield.
-> Price that is lower than its NAV.
-> Low gearing (if possible)
-> High secured NAV.

Current Dividend income is $3,800/month.

Tuesday, July 19, 2011

Analysis of K-REIT Asia

Current Price at $1.345
  • Current Yield = 5.74%
  • Price-to-book Ratio = 0.893
  • Assets per unit = $2.397
  • Debt per unit = $0.89 
  • Gearing = 37.1%
  • Secured NAV = $1.332
K-REIT has delivered its results which is again interesting because we can compare it with CCT. The bottoming out of rent which I have discussed with CCT would apply for K-REIT Asia. Moreover, it has a higher yield, cheaper valuation plus higher secured NAV (almost 100%). Thus, K-REIT Asia is preferred compared to CCT. 

As I am looking at how I am going to re-position my portfolio, K-REIT Asia has beaten CCT in my analysis and consideration.

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