Everyone goes to a CapitaLand Mall within a week.
Look at it’s portfolio. Properties located around train stations convenient for the average Singaporean shopper.
Current price as of typing is $2.05
Dividend for the past 12 months is $0.112
Which is a 5.46% dividend for the past year.
It’s hard to find stable returns at 5%.
And what’s the risk?
All these properties are located at prime areas where people will go to.
Or heartlands where people do their shopping on weekends.
So what’s the worst that can happen?
In my opinion, if you think that Singapore will still be around in 30 years, and you are satisfied with a 5% dividend rate, then Capitaland Mall Trust is probably a great investment to add to your portfolio.
Furthermore, in the next 30 years, do you think that Singapore property prices will continue to increase?
So there’s also likely capital appreciation on top of …