Author: Seedly

What Investors Should Know About Frasers Commercial Trust (SGX: ND8U) Right Now

Frasers Commercial Trust (SGX: ND8U), as the name might suggest, is a commercial REIT with six properties in Singapore, Australia and the UK. In Singapore, the REIT owns two properties — China Square Central and Alexandra Technopark. As of 31 December 2019, 56% of its assets, in terms of valuation, came from our city-state. Here, let’s look at three things to like about Frasers Commercial Trust. Strong Growth in Distributions Frasers Commercial Trust has grown its portfolio from just two properties valued at S$0.7 billion in March 2006 to six properties valued at S$2.2 billion at the end of...

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Top 10 Singapore REITs that made you money if you invested from their IPOs (updated 2020)

PHOTO BY @YONGYICHUAAA Last year, Singapore welcomed four new REIT listings: ARA US Hospitality Trust, Eagle Hospitality, LendLease Global Commercial REIT, and Prime US REIT. Among them, Eagle Hospitality probably got the most attention, albeit for the wrong reasons. Eagle Hospitality’s largest asset is The Queen Mary, a luxury cruise ship which was converted into a hotel and permanently parked at Long Beach, California. The Edge Singapore pointed out that the retired cruise ship might sink into disrepair due to poor maintenance. Even if the repairs are carried out, it would cost a bomb and the amount would balloon to as high as twice...

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What Happens If My Parents Get Dementia? : A Step-By-Step Guide

I used to visit my former Mathematics teacher and her mother when I was 18. They lived on the 33rd floor in one of the HDBs in the Toa Payoh estate, where I’d go to spend time with them,and enjoy a plate of fragrant Hainanese chicken rice. Source: HoneyCombers Popo (or ‘grandma’ in English) was what I’ve come to called my teacher’s mother. She is good-natured, always smiling and child-like. Having been diagnosed with dementia a few years back, my conversations with her can be simplified into the same 4 sentences that are repeated every week: “我很久没有看到你了” (Translated: I...

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Your 60-Second Guide to ST Engineering Ltd (SGX: S63) Shares

In this series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds. In this instalment, we have Singapore Technologies Engineering Ltd (SGX: S63) (ST Engineering), a global engineering group. Previously, we featured another conglomerate Sembcorp Industries Limited (SGX: U96). What’s ST Engineering’s Business About?  ST Engineering is an integrated defence and engineering group with four main business segments of aerospace, electronics, land systems, and marine. The bulk of ST Engineering’s revenue comes from its aerospace sector, as seen from the chart below: Source: ST Engineering 2018...

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As a Millennial, Here’s How I’m Managing My Quarter-Life Crisis

If this is you now, then congratulations — because you’ve taken the first step in trying to manage your quarter-life crisis by clicking into this article. Stepping into the age of 21, I ought to be enjoying the peak of my youth.  Yet there are times I feel uncertain and uneasy; moments when I question the purpose in the things I do, or where my life is headed.  Anyone feels the same? That’s when I realised I was merely hitting that inevitable stage…my quarter-life crisis.  What is a quarter-life crisis? In order to define the term, I turned to...

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Singapore Budget 2020: Here’s What The Government Is Doing To Help Older Singaporean Workers

As part of Singapore’s ongoing quest to prepare for an aging population, more is being done to help older Singaporeans remain relevant in the workforce. For 2020 budget, here are the major changes that will directly benefit older, mid-career Singaporean workers! $1,000 SkillsFuture Credit Top Up For Mid-Career Workers Looking for a mid-career switch? Singaporeans in their 40s and 50s will receive $1,000 in SkillsFuture Credit this year, to stay employable and move to new jobs and roles. This constitutes of the renewed $500 top-up that is given to all Singaporeans age 25 and older, and an additional $500...

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Singapore Budget 2020: Singapore-Listed Companies That Could Benefit

Singapore’s Finance Minister, Heng Swee Keat, delivered the much-awaited Budget statement on Tuesday, 18 February 2020. Singapore Budget 2020 was especially critical given the coronavirus (officially known as COVID-19) outbreak that has affected many Singaporeans. (For the full Singapore Budget 2020 updates, you can check out Seedly’s coverage.) Riding Through COVID-19 Outbreak There will be a S$4 billion Stabilisation and Support package to help businesses and workers affected by the COVID-19 virus, said Minister Heng. Sectors such as tourism, aviation, retail, food services, and point-to-point transport services, which are directly affected by the COVID-19 outbreak, are set to get...

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Budget 2020: [CPF] Government Will Match Dollar for Dollar For Singaporeans to Reach BRS; More qualify for Silver Support Payouts

435,000 Singaporeans who are unable to meet the CPF’s Basic Retirement Sum will get dollar-to-dollar matching to their CPF contribution of up to $600. Deputy Prime Minister Heng Swee Keat announced in today’s budget speech that a Matched Retirement Savings Scheme will be introduced from 2021 to 2025, to help this group of Singaporeans. Enhanced Silver Support Scheme To Include More Elderly This is in tangent with an Enhanced Silver Support Scheme, where Minister Heng promises an increase in quarterly payout for lower-income retirees, from $750 to $900. The enhanced Silver Support Scheme currently provides cash payouts to only...

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$1.6b Care and Support Package For Singaporean Households

Singaporean households will benefit from a $1.6b Care and Support Package in 2020, announced Finance Minister Heng Swee Keat while delivering the Singapore Budget 2020. This comes in light of COVID-19, and as more Singaporeans grapple with rising living costs. In all, a young family living in an eligible HDB household can expect to receive about $1,300 — while a three-generation family will receive up to $1,800. Cash Payouts, Rebates for U-Save and Service & Conservancy Charges The $1.6 Care and Support Package will be distributed in the form of: One-off cash payouts of $100, $200 and $300 for...

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Singapore Budget 2020: GST Hike Delayed, $6b Package to Offset Costs

Singapore’s Goods and Services Tax (GST) will remain at 7% and not be raised in the year 2021, as had previously been announced. However, the increase will inevitably happen by the year 2025. This is to ensure Singapore continues having recurrent sources of revenue for the medium term, explained Finance Minister Heng Swee Keat while delivering the Singapore Budget 2020. On this, he cited the ongoing COVID-19 epidemic and how more resources must be channelled to Singapore’s healthcare industry and medical sector to meet the demands of unforeseen crises. A $6b Assurance Package to Cushion Increase When the GST...

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Ascott Residence Trust (SGX: HMN) Share Price Falls to S$1.26: Is This a Buying Opportunity?

Ascott Residence Trust‘s (SGX: HMN) share price (technically known as unit price for REITs and stapled groups) has fallen by around 7%, from S$1.35 on 23 January 2020 to S$1.26 currently. The sudden decline is most likely due to the COVID-19 (official name for the novel coronavirus) infection that has rocked the world thus far. Does the short-term decline in the unit price of Ascott Residence Trust present an opportunity for long-term investors? 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...

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Investment Products Backed By The Singapore Government: SSB vs SGS Bond vs Treasury Bills

Everything Also Can Link to Singapore Government “How can dis b allow???” Introducing The Straits Times Comment Section Facebook page, where they hunt for “gems” in the comment section of Straits Times to showcase Singapore’s finest. The page consists of Keyword Warriors with the ability to package every piece of news into “PAP’s fault”. Here are some of our favourite examples: Source: Facebook | STcomments Source: Facebook | STcomments I give it to them. Some of these comments are really “WOKE”. Here’s a good one: Source: Facebook | STcomments   AAA Credit Rating: Your Investments In The Singapore Government...

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What Is a Correction?

In this series, we demystify investing terms for beginners. Previously, we explored what total return is all about. Now, let’s find out what a correction means, shall we? Source: Giphy A correction usually refers to a fall of at least 10% in the price of a stock (or stock market) from its most recent high.  A correction is different from a bear market as the latter is defined as a fall of 20% or more from a stock market’s most recent high. Corrections and bear markets may sound scary, but we shouldn’t fear them as they are common features...

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At 28, He Chose to Take Over His Family’s Joss Paper Business. Here’s Why

The joss paper industry is on the cusp of change — and standing at its fore is 32-year-old Alex Teo, a third-gen owner of Ban Kah Hiang Trading. Photo by Rebecca LiewWith a history spanning over half a century, it’s one of Singapore’s oldest surviving joss paper merchants — and one of even fewer local businesses that supplies “bao ga liao. Everything also have,” Alex laughs. While most suppliers in the industry bring in solely joss paper or joss sticks, Ban Kah Hiang offers those and more: incense coils, religious oil and paper effigies, plus candles and prayer offerings,...

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5 stock opportunities amidst the coronavirus outbreak

It’s been a chaotic and frantic four weeks as the world copes with a dangerous threat — a new type of pneumonia-causing coronavirus termed the ‘novel coronavirus’ that has sickened over 37,000 and killed more than 800 people, mostly in China, as at the time of writing. For those old enough to recall, Singapore experienced something similar back in 2003 during the SARS (Severe Acute Respiratory Syndrome) epidemic. As the situation is still evolving and fluid, no one knows what the eventual outcome and death toll will be for the coronavirus. If we use the timeline for SARS, the world...

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