Apart from the increase in GST and the government ang bao (red packet), one thing that really interest us is the extended tax transparency treatment of Singapore listed REITs (Real Estate Investment Trusts) to ETFs (Exchange Traded Funds) – Singapore Budget 2018: Reit ETFs to enjoy tax transparency. In short, this means that the REITs ETFs will no longer have to pay the 17% tax and the dividend yield will increase significantly! I blogged about 3rd REIT ETF – Lion-Phillip S-REIT ETF previously and how we will give it a miss because of the tax and its impact on the estimated yield.
As usual, I took some time off and played with the numbers. Interestingly, the holdings are slightly different as compared to its IPO. You can look at the google spreadsheet here if the picture is too small. The indicative holdings (as of 23rd Feb 2018) are obtained from the