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Jonathan Chia Guangrong
10 Sep 2019
SOC at Local FI
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Just today, StashAway has a new Singapore portfolio. It has REITs now.
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Hi. You can start investing in REITs by opening up a local CDP account and a brokerage account.
Step 1: Open a CDP account. To open a CDP account, you need to have a bank account with one of the following banks in Singapore β Citibank, DBS/POSB, HSBC, Maybank, OCBC, Standard Chartered Bank and UOB. ...
Step 2: Choose a brokerage and open a brokerage account. I use CGS CIMB and DBS Vickers myself.
Hope this helps!
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Yes you can easily start investing in REIT, first you need to open a stock brokerage and CDP account first before you are able to access the market.Β To open a brokerage account, you can go to the individual websites of brokerage firms to apply. In beggining your broker providing you the CDP application form to fill in and submit them, on your behalf, to CDP. This saves you the hassle of having to deliver the application form on your own.
But you must need to know the knowledge of, how to invest in Singapore REIT? and what are the best REIT to invest in Singapore Real- State market. Here I am mentioning the link which will help you to understand the factors to be consider to choos the best REIT-
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Yes you can! Concept wise, it's very similar to ETFs....
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To buy into REITs, easiest way would be to go through a broker to purchase the REIT counter. Depending on your broker the shares may be deposited in your CDP account or held in a custodial account with your broker.
StashAway just launched an SGD focused income portfolio with some exposure to REITs so that would be the closest to what a Robo advisory can help you with in this respect.
Hope this helps