Currently, C38U is at a price of $2.05. This REIT has been holding its ground relatively well and has experienced a bull run recently as well. At a conservative dividend yield of 4.85%, I would like to explore whether this REIT is still worth it at this price. I will lay out the numbers at the front. You can read my reasoning and my price that I bought at the end. Property Value CMT owns a huge number of top tier malls in Singapore at prime locations. Personally, living in the West, I frequent Lot One and IMM a lot. When I go to the central part of Singapore, Bugis+ and Plaza Singapura also tends to be one of the many hotspots. The recently opened Funan mall also has a lot of potential to drive in revenue as it is a shop made for technology geeks, camera enthusiasts without neglecting a wide selection of food....