The Hidden Electricity Tax Killing Your S-REIT Dividends | Iggy Answers Podcast | Episode 1664🦖

The Investing Iguana

The Hidden Electricity Tax Killing Your S-REIT Dividends | Iggy Answers Podcast | Episode 1664🦖

Your SP bill might have gone up by a few dollars, but the real damage from this electricity hike is not at home, it is inside your REITs. When property expenses rise faster than Net Property Income, the “safe” landlord quietly loses pricing power long before your DPU gets cut. That is the hidden electricity tax most income investors never see coming.

If a REIT is already sitting near 35% gearing and its interest coverage is drifting toward 4x, even a modest tariff increase can act like a permanent pay cut to your CPF and SRS income stream. The question is simple, are your REITs absorbing these higher utility costs, or are they passing them on to tenants who might not survive the next renewal? I walk through the numbers, and what to look for in your next quarterly report, in today’s episode.

📺 YouTube: https://youtu.be/aSn8JJ1FBCI

📩 Substack: https://investingiguana.com/p/the-hidden-electricity-tax-killing

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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