Shares & Derivatives
Is Frasers Centrepoint Trust (SGX: J69U) a Buy in My Books?
By Seedly  •  February 23, 2020

Right now, Frasers Centrepoint Trust‘s (SGX: J69U) share price (technically known as unit price for REITs) is $3.03. 

At that unit price, Frasers Centrepoint REIT is valued at a price-to-book (PB) ratio of 1.4 and a distribution yield of 4%.

Would I buy Frasers Centrepoint REIT at its current price and valuation?

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 5% Business Background

Frasers Centrepoint Trust is a retail REIT that has seven retail properties in Singapore.

The properties

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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