REIT analysis series: Far East Hospitality Trust

Far East Hospitality Trust Far East Hospitality Trust (“FEHT”) is a pure play Singapore hospitality REIT that owns 9 hotels and 4 service residences as at 31 December 2018. FEHT IPO at 2012 with much fanfare as one of the first hospitality trust to be listed in the Singapore Exchange backed no less by the

REIT analysis series: Suntec REIT (31 December 2018)

1. Snapshot Property Property Valuation (million) Gross Revenue (million) Net Property Income (million) NPI yield NPI yield on market Suntec City                             5,436.60 313.3 209.1 67% 3.8% ORQ                             1,273.00                                    54.2 28.8 53% 2.3% MBFC                               1,693.0 69.1 53.6 78% 3.2% Pacific Highway 605.5 40.9 35.4 87% 5.8% Southgate Complex 173.9 7.2 7.3 101%

Property happenings January 2019

Taking some leisure time to off in this CNY eve. In this post, I will share the implication on the acquisition of Ascendas by Capitaland and give an update on the local property scene. Property hunters will be spoilt for choice in the year of the Pig with several mega launch expected from the en

Property happenings – week ending 13 January 2019

Oxley – Sale of hotel asset The more significant happenings this week is the news that Oxley Holdings has accepted a letter of intent to sell its Mecure and Novotel hotels along Stevens Road for S$950 million. Oxley was the accumulated significant investments in the en bloc wave that hit the Singapore market in 2017/2018

Sell your HDB and buy 2 private properties?

I come across numerous property agent advertisements on “asset progression” by leveraging on your existing HDB while getting “cash savings”. In the following blog post I aim to illustrate how such asset progression works and provide a more complete picture what such investment entail through a case study of Mr Tan and Mrs Tan. Mr Tan

Real estate developer (with case study at June 2018)

The business model for a real estate developer is that of building and selling of properties. Hence, the key performance metrics of a developer is the ability to procure all raw materials (land, construction cost etc.) and sell to the end consumer at a reasonable margin (or otherwise known as the developer margin).Developer has to