Friday, December 30, 2011
Monday, December 26, 2011
Saturday, December 24, 2011
Merry Christmas !
Hope the information here will benefit you !
Once again , thank you so much !
We will continue to do better !!
Have a great holiday ahead !!
Sunday, December 18, 2011
Thursday, December 15, 2011
Are Singapore REITs a Good Investment?
Teh Hooi Ling, Senior Correspondent at SPH, had recently done some analysis on the same topic:
The REIT Myth Busted
In the article, she wrote about how most of the REITs had taken back all the dividends they had paid out by doing rights issues.
The actual article that was published in last Saturday’s Business Times comes with a table that gave the breakdown of all the dividends that were paid out by Singapore REITs, as well as the capital that they “clawed” back from unit-holders by doing rights issue.
However, it is not an doom and gloom story for Singapore REITs investors.
While the dividend income had indeed failed for most of them, investors who had invested into more than half of the Singapore REITs from IPO and dutifully deployed capital into them to take up their rights entitlement would still have made money.
And for those who are clueless about rights issue, they would have lost a lot of money.
Monday, December 12, 2011
Saturday, December 10, 2011
Thursday, December 8, 2011
Wednesday, December 7, 2011
The government yesterday announced more measures to cool the property market
With immediate effect, an Additional Buyer’s Stamp Duty (ABSD) will be imposed on certain categories of residential property purchases:
Foreigners and non-individuals(corporate entities) buying any residential property will pay an ABSD of 10%;
Permanent Residents (PRs) owning one and buying the second and subsequent residential property will pay an ABSD of 3%; and
Singapore Citizens (Singaporeans) owning two and buying the third and subsequent residential property will pay an ABSD of 3%
The decision to impose a high stamp duty on foreign buyers is in view of the large pool of external liquidity and strong buying interest from abroad, and the relatively small size of the Singapore market. Foreign purchases account for 19% of all private residential property purchases in 2H2011.
I think this is something way overdue.
The 10% ABSD could have a psychological as well as financial impact on foreign and corporate buyers, especially those short term speculators. People might not feel a 1, 2, 3, or 5% stamp duty but when it crosses the double digit mark, the feeling is somehow different.