Author: PropInvestSG

CapitaLand opens its largest mall in Suzhou

At close to 300,000 sq m, it is more than thrice the size of Singapore’s ION Orchard and boasts over 600 retail brands. CAPITALAND marked a record year of one million square metres of retail space offering with the opening of its largest mall yet in the Chinese city of Suzhou. The Suzhou Center Mall is also the largest shopping centre in the Chinese city and more than three times the size of ION Orchard in Singapore – spanning close to 300,000 square metres in gross floor area (GFA) excluding car park. It boasts over 600 retail brands housed...

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10 things to look out for in Chinese REITs

Out of the 37 REITs listed on the Singapore stock exchange, 3 have assets primarily in China. These REITs are BHG REIT, Capitaland Retail China Trust and EC World REIT. The first two invest primarily in retail malls while EC World REIT invests in industrial and logistics properties. This post will focus mainly on how these China REITs stack up against each other based on various metrics. Properties (CRCT most) CRCT, being the oldest REIT among the 3, has the most number of properties at 10. BHG has 5 while EC World has 6. Of CRCT’s 10 properties, 6...

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Buying a new launch? 101 guide to Feng Shui for your new house (Part 2)

This post is a follow up to Buying a new launch? 101 guide to Feng Shui for your new house (Part 1) In the previous post, we went through how Feng Shui can Guide a buyer on what size of house to buy Floor recommendation House direction Missing corners in the house In part 2, we will cover a few more tips such as what to do if your choice unit is not facing the pool and what if you have to consider your children when making a purchase. Let’s look at a few more tips. Many have preference...

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Buying overseas properties? 3 things to look out for

You’ve bought your first home and now you want to explore buying one outside of Singapore. Australia seems like a good destination with their fine beaches, unhurried lifestyle and proximity to Singapore. But is it a good place to park your money? Here are some tips to look out for if you’re looking to invest overseas. Buying an investment property Costs of property investments Overseas investments Where you buy and what you buy affects how much you ultimately get when you sell. Here are some things to look out for when trying to identify a good property. Familiar markets...

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Brothels in HDBs and Condominiums – You May Be Liable!

The Story In 60 Seconds Increase in reports of brothels being operated out of residential apartments Landlords, agents or tenants of these brothels are liable to charges under the Women’s Charter unless able to prove that they had no knowledge that the premises were being used as a brothel (difficult) A fine of up to S$3,000 or an imprisonment term for the maximum of 3 years, or both, may be imposed if you are first-time offender Landlord in this situation can obtain a Magistrate’s Order to receive possession of your property should the errant tenant refuse to do so...

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Buying a new launch? 101 guide to Feng Shui for your new house

Are you thinking of buying a new launch condominium and are interested in how Feng Shui can help you make the right purchase? I’m sure you would want to ensure the best conditions for you and your family to live in, and for those who believe in it, Feng Shui can play a part in the livability of a house. In this post, we interview a Master Sherwin for his views on what to look out for when buying a new launch condominium. How can Feng Shui guide a buyer on what size of house to buy? For homebuyers,...

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Keppel DC REIT third quarter 2017 results

Keppel DC REIT released their third quarter 2017 results a few days ago. This REIT has been on my radar since it came out because of its interesting play on the data centre sector. Not many Singapore REITs provide such a play until Mapletree Industrial Trust’s recent announcement on the expansion of their investment mandate to include data centres. Over the last 12 months, Keppel DC REIT has acquired four new properties in Singapore, Cardiff, Dublin and Milan. It is expected the distribution per unit growth will continue to be led inorganically by acquisitions given the debt headroom still...

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Why deflation hurts a real estate investor

Deflation is something many economists have made out to be an economic bogeyman, saying that it could be the worst possible outcome in any economy. Economists and investors would be rightly afraid, given the experience of Japan which is usually mentioned when deflation comes up. However, deflation is rare in the economies of today. This is largely due to the policies of central banks that have engaged in a campaign to create a consistent inflationary environment for their own economies. Japan is one example where deflation has had a severely negative impact. While it may sound scary, it isn’t...

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Feng Shui checklist when buying a house

Buying a house can be a life changing experience because of the amount of money, time and energy involved in choosing a perfect one. If you’re into Feng Shui, here are some tips to ensure that you choose the house that is best positioned to bring your family health, wealth and everything good in between. A home purchase is a long term investment decision. It is imperative to find the right house with good Feng Shui so that you and your loved ones can enjoy peace of mind. This is to make sure that all the boxes are ticked...

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House prices along MRT lines

How do MRT stations affect house prices? Are house prices much lower further out you go from the city than when you are nearer? I chanced upon the following few charts produced by SRX and found that some insights could be gained when location data combined with house prices was visualized in a manner that facilitiates a certain way of thinking. In summary, prices further out from the city (Raffles Place, City Hall, Bayfront areas) get progressively lower, which is to be expected, until they are about 40-50% of that in the city. While people intuitively know prices further...

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Robert Kiyosaki on how to get rich in property

  Watch Robert Kiyosaki speak on how he gets rich in property, and tips he has on investors new to the property market. Interesting points and insights on how he looks at real estate investments. Given his track record, it would be something to take note of and put into practice. Summary/transcript of video Being a real estate investor is really being an entrepreneur How young people can get into real estate at this point of time, given the market conditions and how the world is like, is to take a simple real estate investment course The best real...

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Best performing REITs year to date

Which are the best performing Singapore REITs since the beginning of this year? This post will answer that. First up, a chart speaks a thousand words. REIT performance Year to Date REITs returned an average of 20% since the beginning of 2017. That’s the dotted red line. Good for you and you did better than average if you were invested in CDL Hospitality Trust, Sabana REIT and Viva Industrial Trust. Not so good if you were invested in EC World REIT, Starhill Global REIT and OUE Commercial REIT as your returns are the lowest. It’s still high single digit...

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Shopping mall, office and hotel 2017 to 2020 future supply

To those interested, here are 3 tables that show the shopping mall, office and hotel buildings that will be coming up from 2017 to 2020. Investors can use this information in determining how REITs could be performing in future since property is the underlying asset driving the REIT’s revenue. Upcoming shopping mall openings as at 2017 Project Location Estimated NLA (sqft) Completion Marina One (The Heart) Marina Bay 140,000 2017 Singapore Post Centre Paya Lebar 177,000 2017 Paya Lebar Quarter Paya Lebar 340,000 2018 Northpoint City Yishun 330,000 2018 TripleOne Somerset Podium Somerset 70,000 2018 Jewel Changi Airport Changi...

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SPH REIT: Stable as is boring as is good

SPH REIT announced their financial results for the period ending 31 Aug 2017. This is a very stable counter that’s giving consistent distribution and yields. Has anything changed to affect its stability? Let’s take a look. All figures extracted from quarterly reports, financial statements and presentations. Gross revenue (blue line), net property income (orange) and distributable income (grey) have all been fairly stable since listing in 2014. Net property income has climbed faster than gross revenue, indicating that SPH REIT is able to control property level costs. That means unitholders have more distributable income, as evidenced by the slight...

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10 most commonly asked questions on Singapore REITs

REITs are a great investment tool given their income generating characteristics and tangible assets backing stock price valuations. In Singapore, there are now a total of 37 REITs, not counting the soon to be listed REIT that Keppel is bringing to market with US properties. For those interested in investing in REITs and getting a snapshot of how the market is performing, here are the top 10 most commonly asked questions that Phillip Capital get from retail and institutional investors. What is the impact of US rate hikes on REITs? Is it still safe to buy REITs? Apart from...

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