What will you do with an extra $1,000 passive income each month? Would you treat your family to dinner at Nobu? Save up for a Christmas ski vacation? Put it towards a down payment for a Tesla? The possibilities are endless! Generating $1,000 in monthly passive income may seem far-fetched in Singapore, but we’re here to tell you it’s actually within reach for many people. One way is to build a passive income portfolio using dividends from Singapore REITs. How much would you need to invest and how long would it take? We break it down for you below.
What’s the dividend yield for Singapore REITs?
Before we go further, let’s look at why Singapore REITs are an attractive choice for dividend investing. Firstly, REITs are real estate investments that generate rental income from properties such as shopping malls, office buildings, hotels, warehouses and more. Because they’re required to...
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