When Will You Sell A Stock

Singapore REITs at 52 Week Low in October 2023

Are you looking for Singapore REITs trading at 52 week low in October 2023? With the continuous interest rate hikes, REITs have been suffering. There is a higher chance of the Federal Reserve delivering another interest rate hike in December 2023. Recent released data showed that consumer prices rose more than expected in September.

The ongoing China property market crisis had also added pressure on REITs. As a result, REITs with assets in China and Hong Kong are beaten down as investors lose their confidence. For example, Mapletree Pan Asia Commercial Trust and CapitaLand China Trust with assets in China and Hong Kong have been badly beaten down.

Fresh turmoil also emerged. Last week, Oil prices rocket to $90 a barrel as the Israel and Hamas conflict causes tensions to the commodities market. The instability injected fresh volatility into the global stock market, rocking share prices of REITs.

With Federal Reserve rate hikes, China Property Crisis and Israel-Hammas Conflict, these 3 major events open up fresh opportunities in the stock market.

As usual, I used my preferred stock screener from Stocks Café to quickly pull out the below Singapore REITs are trading at or near their 52 week low.

It is important for you to know that you should not buy the stock solely based on the current dividend yield or just because they are trading at their 52 week low. The screening only provide you a shorter list to analyse further.

Singapore REITs at 52 Week Low in October 2023

Keppel Reit (SGX:K71U)
Current Dividend Yield: 7.05%
Closing Price as of 13-Oct-2023: S$0.83
52 Week Low: S$0.83
Market Capitalization: SGD 3.1B
Current Dividend Yield: 6.70%
Closing Price as of 13-Oct-2023: S$0.82
52 Week Low: S$0.79
Market Capitalization: SGD 2.3B
CapitaLand India Trust (SGX:CY6U)
Current Dividend Yield: 6.79%
Closing Price as of 13-Oct-2023: S$1.07
52 Week Low: S$1.01
Market Capitalization: SGD 1.3B
Starhill Global Reit (SGX:P40U)
Current Dividend Yield: 7.84%
Closing Price as of 13-Oct-2023: S$0.48
52 Week Low: S$0.48
Market Capitalization: SGD 1.1B
CapitaLand China Trust (SGX:AU8U)
Current Dividend Yield: 8.16%
Closing Price as of 13-Oct-2023: S$0.88
52 Week Low: S$0.84
Market Capitalization: SGD 1.5B
Current Dividend Yield: 6.34%
Closing Price as of 13-Oct-2023: S$1.38
52 Week Low: S$1.34
Market Capitalization: SGD 7.2B
Current Dividend Yield: 9.03%
Closing Price as of 13-Oct-2023: S$0.52
52 Week Low: S$0.50
Market Capitalization: SGD 1.2B
Current Dividend Yield: 6.81%
Closing Price as of 13-Oct-2023: S$1.07
52 Week Low: S$1.05
Market Capitalization: SGD 4B
Suntec Reit (SGX:T82U)
Current Dividend Yield: 6.62%
Closing Price as of 13-Oct-2023: S$1.14
52 Week Low: S$1.12
Market Capitalization: SGD 3.3B
Cromwell Reit SGD (SGX:CWCU)
Current Dividend Yield: 12.72%
Closing Price as of 13-Oct-2023: S$1.86
52 Week Low: S$1.80
Market Capitalization: SGD 1B

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