My Singapore investment story begins with CapitaLand Ascendas REIT. It is Singapore's largest industrial REIT with a diversified portfolio spanning Singapore, Australia, US, Europe, and UK. It is aggressively expanding its Singapore portfolio, recently buying properties worth S$700 million at discounts to boost earnings. I remember buying it at a discount during the Covid crash.
It is my first ever Singapore stock and I chose to invest in SREITs mainly because of the dividends. It is my retirement plan where the dividends would fund my expenses. Any capital gains would be bonus. The other attractive bit about Singapore stock is that capital gains and dividends are not taxable. This helps get maximum returns. By investing in the Singapore stock market, I am not subjected to forex risks. The fees of buying Singapore stocks are comparatively cheaper to China and HK stocks. In recent years, returns for SREITs with portfolio heavier in Singapore is better than those with more HK assets.
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