Singaporeans love property investment and passive income. It is of no surprise that Singapore REITs became one of the most popular investment products in recent years. With little capital, any investor can become pseudo landlords and collect dividends, without having to manage the properties. But investors also realise the complexity of analysing individual REITs and having to deal with rights issues that come along once in awhile, which leaves them wondering if they should subscribe or risk diluting their shareholdings. Seeing an opportunity in the REITs investing scene, ETF providers have listed 2 REIT ETFs recently. Now, the third one is in the midst of listing. This article sheds some light into the latest, up and coming REIT ETF; Lion-Phillip S-REIT. Plus, we compare it with the existing REIT ETFs.