To answer that question, I took some efforts
by finding all the REITs listed on the Singapore Stock Exchange. In total, there are 40 REITs listed on the Singapore Stock Exchange.
These 40 REITs are grouped into 7 property types, and there are:
IndustrialHospitalityDiversifiedRetailOfficeSpecializedHealth Care Knowing these 7 property types group, I place all the REITs into their group based on my best knowledge.
After putting the REITs into their property types group, I went to retrieve their YTD
performance up to today, 11 Sep 2024, 12:30 pm.
From my findings, I tally the number of REITs that have
positive YTD performance and divide that value by the total REITs in that group to get the percentage. This results in the following values:
Industrial 37.5%Hospitality 20%Diversified 70%Retail 75%Office 60%Specialized 50%Health Care 100% From the values above, all Mooers who bought Health Care REITs at the start of this year are 100% guaranteed to be sitting on profits as of 11 Sep 2024 12:30 pm.
Next, I went to calculate the average YTD performance in each group to get the group performance in percentage. This results in the following values:
Industrial -1.97%Hospitality -6.85%Diversified 1.71%Retail 3.97%Office -0.65%Specialized 5.63%Health Care 10.39% From the values above, all Mooers who bought the two health care REITs and allocated their funds equally across the two REITs at the start of this year would have sitting on
10.39% profit as of 11 Sep 2024 12:30 pm.
Besides the findings above, Mooers who divide their funds across all the mentioned REITs equally would still get a
0.69% profit. Not that bad, right?
Hmm... I wonder how much upside potential Mooers think SG REITs will return by the end of this year.
Please come and share your thoughts, and also participate in the vote below.
Cui Nyonya Kueh : wah uncle @soyabean89 got featured by fake moomoo staff 恭喜恭喜
VictorT Cui Nyonya Kueh : he is so popular.
Mars Mooo OP :
soyabean89 Cui Nyonya Kueh : ? sorry I saw Ur notification haven see the post. just got out of meeting lol
Cui Nyonya Kueh soyabean89 :
soyabean89 VictorT :
soyabean89 : aiseh Mata moo thanks for the topic.
but still dun have funeral REITs ...health care one..I still kena burnt hard by first REITs leh...
I think the 100% goes to parkway lor
soyabean89 Cui Nyonya Kueh :
Mars Mooo OP soyabean89 :
Mars Mooo OP soyabean89 : As of now, the YTD for $First Reit (AW9U.SG)$ is 9.4% and the YTD for $ParkwayLife Reit (C2PU.SG)$ is 11.37%.
If you used SGD 100 to buy First Reit and SGD 100 to buy ParkwayLife Reit at the start of this year, you would get a return of 10.39% (round to 2 decimal places) today.
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