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.

Thursday, March 28, 2019

Analysis of Sasseur REIT - Recent Buy brought dividends

Current Price on 20th March 2019 = $0.72
  • Yield = 9.84%  
  • Price-to-book Ratio = 0.797
  • Assets per unit = $1.488
  • Debt per unit = $0.584 (including current liabilities and perp securities)
  • Gearing = 39.3%
Sasseur REIT is my latest buy (which I have posted earlier.) During that time, I figured out that it is worth a buy and I have to admit not buying my usual amount of shares. Nevertheless, still grateful for the increase in price and the dividends collected. Let's take a look at the statistics.

With 9.84%, it is the one with the highest yield currently. With its price-to-book ratio at 0.797, we are buying at about 20% discount to their valuation which is also attractive. Gearing is at a safe close to 40% but need to watch this.

REITs with China properties are giving high yield with discounts to NAV for us to invest and Sasseur REIT has really performed well since this year. I am holding on to 60,000 shares but will be holding on long term as long as they are able to provide me with a steady stream of income.

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