How can we miss CapitalMall if we talk about REIT? This is also the only REIT in STI component stock. CapitalMall has the highest market capital among the REITs. I believe you should have visited at least 2,if not all, of the following: Raffles City (CapitalMall own 40%)(14%), Plaza Singapura(14%), Bugis Junction(11%), Tampines Mall (10%), The Atrium@Orchard(9%), Junction 8(8%), IMM (7%), Lot One (6%), Funan(4%), Jcube (4%), ClarkeQuay (4%), Bugis+(4%), Bukit Panjang Plaza (3%). Others for 2% of the total CapitalMall portfolio. As you can see, there is not single significant building in CapitalMall's portfolio as FCT or MapletreeCom does.

For the last 5 years, CapitalMall's profitability is quite stable. Take note of the total return for the year in 2009. CapitalMall lost money? This is due to the revaluation of properties only, not actually lost. This is quite unique for REIT when compare to other industries. (Does anyone here ......