Business Times (Singapore) has published an opinion piece that choosing REITs over an investment home may be better
*Article requires subscription so might be hard to read in full.
Well as I had covered investing in REITs, REIT give much better returns than owning a property. I have done the maths here
In short, choosing the right REIT will yield good returns. In fact for my favourite REIT (United Hampshire US REIT), without leverage it is giving 8% dividend yield and on equity.
A Challenge to A Property Agent
I am willing to challenge an agent out there based on a condo project which has:
(i) more than 100 residential units in the project,
(ii) pricing based on latest URA pricing for condo sold (for capital gains),
(iii) rental income based on URA rental for a transaction in the condo project; and deducting (a) annual IRAS non owner occupied property tax rate from effective 1 Jan 2025 based on...