Singapore’s Central Provident Fund (CPF) scheme is an effective way to slowly grow your retirement funds. However, the CPF Ordinary Account (OA), which can be used for share investments, real estate and education, enjoys an interest rate of just 2.5%. Investors have the option to invest their OA monies to attain better returns than the current risk-free rate. A good asset class for dividends is REITs, which are well-known for paying out a steady and dependable distribution. Here are four Singapore REITs with distribution yields that exceed 2.5%.

Mapletree Logistics Trust (SGX: M44U)

Mapletree Logistics Trust, or MLT, is an industrial REIT with a portfolio of 187 properties spread across eight countries. Assets under management (AUM) stood at S$13.3 billion as of 31 December 2023. For the first nine months of fiscal 2024 (9M FY2024) ending 31 December 2023, MLT reported a mixed financial performance. Gross revenue inched up 0.2% year on year to S$552.9 million but net property income (NPI) dipped by 0.2% year on year to S$479.6 million....