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.

Friday, January 7, 2011

First REIT started at Buy by OCBC; $0.84 fair value

First REIT started at Buy by OCBC; $0.84 fair value

Just an article to share with all of you... Seems good but I am still fairly conservative... I am looking at NAV price which is $0.76


  1. Throw your conservative opinion out the window for this REIT! It's price has just rushed past it NAV and become one of the "premium" REITs like the Capita-based ones (Mall, RChina), FrasersCT, PLife. First REIT has become a "hold" REIT for those who already own the units. In my opinion, First REIT is still a "buy" at its NAV price, 76 cents, but no more than that.

  2. Dear whenissued,

    Do you mean that once it passes $0.76, it is no longer attractive to buy?

    I will look at this closely... If it goes far too high like "premium" REIT, I might just take profit and switch to something else.