The FSTREI index has risen 26.5% YTD, outperforming the STI index (14% YTD). There are a total of 25 S-REITs spanning the office, retail, healthcare, hospitality, industrial and residential sub-sectors. Most clients view S-REITs positively as it has one of the highest yield spreads amongst its peers, outperforming even major REITs markets such as US, Australia and Japan. This was primarily attributed to the low risk-free rate environment in Singapore (10-year government bond trading at 1.39%) and the relatively higher physical cap rates (net property income that can be extracted per annum for each S$ dollar invested in investment properties), compared to other developed markets. Source: Maybank Kim Eng
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....