๐ Technically, Singapore REITs sector (FTSE ST REIT Index) is currently facing a tough resistance at 730 and forming a head and shoulder chart pattern with neckline support between 695-700.
๐ฅ Total Market Cap = S$98.2B (โฌ๏ธfrom S$101.1B Billion)
๐ฏ Average Price/NAV = 0.83 (โฌ๏ธ from 0.85)
๐ฏ Average Distribution Yield = 5.58% (โฌ๏ธ from 5.51%)
๐ฏ Market Cap Weighted Average Distribution Yield = 5.32% (โฌ๏ธ from 5.19%)
๐ฏ Average Gearing Ratio = 39.99% (โฌ๏ธ from 39.89%)
๐น Average Yield Spread (vs 10 years SG Gov yield) = 3.77% (โฌ๏ธ from 3.91%)
๐๐๐น๐น / ๐๐ฒ๐ฎ๐ฟ ๐๐ฎ๐น๐น ๐ณ๐ผ๐ฟ ๐ฆ-๐ฅ๐๐๐ง ๐ฆ๐ฒ๐ฐ๐๐ผ๐ฟ (๐๐ป ๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐น):
๐ฎValuation (17% discount to Market Fair Value)
๐ฎ๐ปTechnical Momentum uncertain
๐ฎInterest Rate Direction (IF there is 25 bps cut in Dec 2025)
๐ปUS 10 Year Risk Free Rate @4.07% which has strong inversed correlation to REIT index.
Kenny Loh is a distinguished MAS Licensed Wealth Advisory Director with a specialization in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring tax-efficient capital appreciation through risk mitigation approaches and optimized wealth transfer through strategic asset structuring.
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