- 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%
Far East Hospitality Trust‘s (SGX: Q5T) share price (technically known as unit price for REITs and trusts) has plunged around 31%, from S$0.78 on 20 January 2020 to S$0.54 at the time of writing.
Market sentiment surrounding Far East Hospitality Trust has certainly been affected ever since the COVID-19 pandemic started in Singapore.
However, does the stapled group present an investment opportunity for long-term investors?
Let’s take a look 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: