November 2024 Returns: 3.81%
Year to Date Returns: 32.71%
Since Inception (9 Sept 2020) Returns: 131.35%
November is a month of gains. Mainly from Centurion, Wee Hur , Haw Par and China Sunsine
Centurion: I have mentioned briefly from my facebook post. I think that the rental revision for SG Worker Dorms is likely to have peaked and it is unlikely to see sudden 10% increase in price per bed quarter on quarter or year on year moving forwards. Any increase in demand will likely be from the increase in beds.
For the msia side, there has been some articles with regards to the RTS Link and construction activities which might bring a boom to the Msia Dorms. This is one area worth monitoring.
1 aspect analyst has mentioned would be the 'potential value unlocking' which was mentioned in the results presentation slides. It remains interesting and to be seen which unlocking is done if any....