To The Moon

Summary of “Money & Me” radio interview with Michelle Martin on MoneyFM89.3 Radio Station 1. The 2026 Outlook: A "Turning Point" Year The narrative for 2026 is one of recovery and transition. After two years of "restrictive" interest rates, the sector is entering what analysts call a two-year earnings upgrade cycle (2026–2027). 3 Key Turning Points Below: Rate Cut Impact: With the US Fed and domestic 3M SORA rates projected to settle around 1.2%–1.3% in 2026, the "cost-of-debt" drag is finally reversing. Dividend Uplift: Markets are forecasting low single digit uplift in DPU (Distribution Per Unit) as REITs replace maturing high-interest loans with cheaper financing. Price Potential: I anticipate a potential 10-15% price upside across the sector as yields normalize and the spread over

$UtdHampshReitUSD(ODBU.SI)$ United Hampshire US REIT (ODBU) has cleared a major technical hurdle, breaking out of a multi-month Symmetrical Triangle pattern. The REIT is currently trading at its 52-week high of US$0.530, riding a bullish wave above its key moving averages. With the 20-day MA (US$0.512) and 50-day MA (US$0.505) trending upwards, the technical backdrop is increasingly supportive. Fundamentally, the stock remains attractive, offering a distribution yield of ~8.0% and trading at an undervalued P/NAV of 0.71x. Support: Immediate floor at US$0.510 (breakout zone). Resistance: Immediate hurdle at US$0.540; analyst price targets extend to US$0.70. With the FY2025 results release approaching following the January 12 notification, watch

‌Lendlease Global Commercial REIT (JYEU) is exhibiting a clear bullish trend, currently trading at S$0.64. The price is holding firmly above its key moving averages, with the 20-day and 50-day MAs converging at S$0.62, creating a strong support zone. This follows a significant recovery from 2025 lows of S$0.44. $Lendlease Reit(JYEU.SI)$ ‌ The REIT is now testing the S$0.66 resistance level (52-week high). A high-volume breakout here could trigger a re-rating toward analyst targets of S$0.70 – S$0.75. Fundamental sentiment is supported by the JEM office divestment, which is expected to lower gearing to approximately 36.7%. Support: Immediate floor at S$0.62; major long-term support at S$0.57 (200-day MA). Resistance: Critical hurdle at S$0.66; p

Keppel DC REIT (AJBU) is currently in a critical "make-or-break" zone. After retreating from its late-2025 highs, the price is hovering at S$2.24, testing the 200-day Moving Average (Green) as immediate resistance. $Keppel DC Reit(AJBU.SI)$ The technical setup remains cautious. Following the December breakdown (Circle 2), the stock is struggling to clear overhead supply. While the 20-day MA (Red) offers short-term support near S$2.22, the 50-day MA (Blue) at S$2.28 remains a formidable ceiling, keeping the medium-term trend bearish. Support: Key floor at S$2.19 – S$2.21. A break below this could signal further downside toward S$2.10. Resistance: Bulls need a decisive daily close above S$2.26 (200-day MA) to flip sentiment. With earnings approac

In the world of Singapore Real Estate Investment Trusts (S-REITs), the narrative has long been dominated by institutional “smart money.” However, a closer look at retail capital flows between 2024 and 2025 reveals a profound shift in mindset. What retail investors are refusing to buy today tells a far more compelling story than what they are actually holding.    From “Buying Cheap” to “Buying Safe” The data points to a retail investor base that has clearly matured after several years of volatility. Published market figures show a clear divergence between retail and institutional behaviour across the top 10 S-REITs.   The Great Divide: 2024 vs. 2025 In 2024, retail investors injected approximately S$1.6 billion into S-REITs, attempting to catch a falling knife as higher inter

With the STI hitting record highs today, all eyes have been on the "big brothers" of the banking sector. But for those of us watching the laggards, the technical setup on United Overseas Bank (UOB) as of January 6, 2026, is finally flashing a clear "buy" signal. $UOB(U11.SI)$ After months of underperformance due to concerns over asset quality in Greater China, UOB has officially staged a decisive bullish breakout from the descending channel that has capped its price action since mid-2025. UOB Technical Chart The Breakout and Momentum The price action today at $35.91 is significant because it marks a clean exit from a long-term period of distribution. Looking at the Volume, we can see a noticeable spike accompanying this move. In technical analys

Singapore REITs 2025 Wrap up Follow @REITsavvy

(1) Review of 2025 Singapore REITs Performance (The Wrap-Up) Key Takeaway: A Strong Rebound driven by rate stabilization and the start of SORA decline. Overall Performance: 2025 is shaping up to be the best year for S-REITs since 2019, with total returns (price gain + dividend) projected to be around 12-15% YTD (as of Dec 2025). This marks a significant rebound from the challenging high-rate environment of 2023/2024. Driver: The primary catalyst has been the stabilisation and decline of borrowing costs. The 3-month Compounded SORA in Singapore has trended down (e.g., from a peak near 4.5% to around $1.28% by late 2025), significantly easing the refinancing burden. Fundamental Stability: Most S-REITs demonstrated stable operating performance in 2025, with resilient occupancy rates and posit

As the year draws to a close and the holiday lights begin to twinkle, I wanted to take a moment to pause and send a heartfelt #MerryChristmas to my entire network! This season is such a beautiful reminder of the things that truly matter: gratitude, kindness, and the joy of connection. Whether you are spending the day surrounded by family, enjoying a quiet moment of reflection, or celebrating traditions old and new, I hope your heart is full and your spirit is bright. May your home be filled with laughter, your heart with peace, and your life with abundant blessings as we look forward to a brand-new year. To my colleagues, partners, and friends: Thank you for being part of my journey this year. You make the hard work rewarding and the successes even sweeter. Wishing you all a very Merry Chr

$Mapletree Ind Tr(ME8U.SI)$ Current Price Action: The stock is trading at $2.04, successfully holding above the psychological $2.00 support level. Trendline Health: It is currently testing an ascending trendline (the black diagonal line in your chart). A sustained close below $2.02 would be a cautionary signal, potentially invalidating the recovery trend started in mid-2025. Resistance: Immediate overhead resistance is at $2.08, with a more significant barrier at $2.172. Fundamental Context: Investors are weighing a recent 5.6% drop in DPU against the growth potential of new Tokyo data center acquisitions. Direction: Sideway Consolidation until a breakout (either up or down). Kenny Loh is a distinguished MAS Private Wealth Advisor with a specia