Singapore REITs To Buy in October 2023

Singapore REITs To Buy in October 2023

Singapore REITs To Buy in October 2023

Let us go back to look at Singapore REITs to buy in October 2023. The United States government is currently sitting on a $33 trillion debt. This week, the United States government faced a shutdown if the lawmakers could not reach a deal regarding the bill. A government shut down means a delay in salaries for millions of federal employees and military personnel. This saga has thrown the US stock market into turmoil over the entire week.

At the eleventh hour, it seem that a measure proposed by the Republican was supported by the Democrats which was to keep federal funding going for 45 days, albeit with a freeze on aid to Ukraine.

What does this 45 days measure mean for global stock markets? In my opinion, the stock market may rally tomorrow on the temporary good news. Volatility in the stock market is expected if we count down the 45 days.

Such crisis is an opportunity for investors like me to add my favourite companies in my watchlist to my stock portfolio. In September, I added more of Frasers Centrepoint Trust (SGX:J69U), Apple (NASDAQ:AAPL) and Autodesk Inc (NASDAQ: ADSK).

As usual, I like to share that it is very tedious to analyse each and every individual REIT to decide which ones to buy. By the time you finish analyzing all the REITs, the boat would have sailed away.

As a quick way, I will usually use a stock screener to screen for a list of REITs that meet my predefined criteria so that I have a shorter list of REITs to analyse.

It is important for you to know that you should not buy the stock solely based on the current dividend yield. The screening only provide you a shorter list to analyse further.

With the shorter list of stocks, I will then drill in further into each of them to analyse if they are worthy to add into my stock portfolio. My preferred stock screener is the Stock Screener from Stocks Café.

Many reader keep asking me at what current dividend yield will I buy? Below are the criteria that I used to screen for dividend stocks. You can adjust them to fit your risk appetite.

  • Current Yield (%) >= 5 and <= 10
  • Price / Earnings <=20
  • Price / Book <= 3
  • Market Capitalization >= 1B

I have screened the highest yielding REITs and sorted them in descending order based on their current dividend yield. Please do your own due diligence prior to investing into the below REITs.

Singapore REITs To Buy in October 2023

OUE Commercial Reit (SGX:TS0U)
Current Dividend Yield: 8.89%
Price to Equity: 4.916
Price to Book: 0.4
Market Capitalization: SGD 1.3B

Lendlease Reit (SGX:JYEU)
Current Dividend Yield: 8.62%
Price to Equity: 6.308
Price to Book: 0.568
Market Capitalization: SGD 1.2B

CapitaLand China Trust (SGX:AU8U)
Current Dividend Yield: 8.07%
Price to Equity: 15.365
Price to Book: 0.638
Market Capitalization: SGD 1.5B

CapitaLand India Trust (SGX:CY6U)
Current Dividend Yield: 6.92%
Price to Equity: 10.669
Price to Book: 0.978
Market Capitalization: SGD 1.3B

Keppel Reit (SGX:K71U)
Current Dividend Yield: 6.84%
Price to Equity: 11.295
Price to Book: 0.603
Market Capitalization: SGD 3.2B

Frasers Logistics and Commercial Trust (SGX:BUOU)
Current Dividend Yield: 6.81%
Price to Equity: 7.058
Price to Book: 0.837
Market Capitalization: SGD 4B

Suntec Reit (SGX:T82U)
Current Dividend Yield: 6.51%
Price to Equity: 12.873
Price to Book: 0.518
Market Capitalization: SGD 3.4B

Mapletree PanAsia Commercial Trust (SGX:N2IU)
Current Dividend Yield: 6.12%
Price to Equity: 14.075
Price to Book: 0.796
Market Capitalization: SGD 7.5B

CapitaLand Ascott Trust (SGX:HMN)
Current Dividend Yield: 5.97%
Price to Equity: 13.54
Price to Book: 0.762
Market Capitalization: SGD 3.3B

CDL Hospitality Trust (SGX:J85)
Current Dividend Yield: 5.87%
Price to Equity: 6.723
Price to Book: 0.736
Market Capitalization: SGD 1.3B

CapitaLand Integrated Commercial Trust (SGX:C38U)
Current Dividend Yield: 5.76%
Price to Equity: 17.602
Price to Book: 0.872
Market Capitalization: SGD 12.3B

Far East Hospitality Trust (SGX:Q5T)
Current Dividend Yield: 5.75%
Price to Equity: 7.29
Price to Book: 0.701
Market Capitalization: SGD 1.3B

CapitaLand Ascendas REIT (SGX:A17U)
Current Dividend Yield: 5.69%
Price to Equity: 16.126
Price to Book: 1.149
Market Capitalization: SGD 12.1B

Frasers Centrepoint Trust (SGX:J69U)
Current Dividend Yield: 5.58%
Price to Equity: 17.299
Price to Book: 0.943
Market Capitalization: SGD 3.7B

Mapletree Logistics Trust (SGX:M44U)
Current Dividend Yield: 5.37%
Price to Equity: 15.054
Price to Book: 1.092
Market Capitalization: SGD 8.3B


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