Right now, AIMS APAC REIT‘s (SGX: O5RU) share price (technically known as unit price for REITs) is at $1.06.

At that unit price, according to Seedly’s REITs tool, AIMS APAC REIT is valued at a price-to-book (PB) ratio of 0.8 and sports a distribution yield of 9.7%.

With the steep drop in its share price recently, is AIMS APAC REIT a buy in my books with the long-term in view?

Let’s explore using my 10-step guide to pick the best Singapore REITs.

As a summary, here are the 10 steps I use to pick the best Singapore REITs:

Growth in Gross Revenue and Net Property Income Growth in Distribution Per Unit Property Yield of Between 5% and 9% Gearing Ratio of Below 40% Interest Coverage Ratio of Above 5x Healthy Portfolio Occupancy Rate Positive Rental Reversions Presence of Growth Prospects Acceptable Price-to-Book Ratio Distribution Yield of Above...