Keppel Pacific Oak US REIT‘s (SGX: CMOU) share price (technically known as unit price for REITs) is currently at US$0.62. 

At that unit price, Keppel Pacific Oak US REIT is valued at a price-to-book (PB) ratio of 0.8 and a distribution yield of close to 10%.

Does Keppel Pacific Oak US REIT look like an attractive investment for me 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

Formerly known

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