I’m starting my investment journey, looking to buy my first Singapore REITs with a $10k Budget. Any recommendations for this COVID-19 period in June 2020?

You can consider REIT ETFs such as the Lion-Philip S-Reit ETF from stock brokers or invest in the iEdge S-Reit 20 Index via Syfe's REIT+ portfolio. For Syfe, they're running a promo currently and you can enjoy the following if you use a referral code:

• Invest at least $500, you get $10 bonus

• Invest at least $10k, you get $50 bonus.

• Invest at least $20k, you get $100 bonus.​​​

Hi Anon,

Recommend to consider if company specific risk is ok with first. If not sure, look to diversify and there are actually REIT etfs if you view the sector positively.

I've a sharing here and in this video, I'd touch on points on why REITS have been hit badly.

https://youtu.be/HS6VYkrhiJE

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Look for REITS that are generally resilient from covid-19 and have a long term potential to grow. Eg. Data centre/ Logistics.

Data centres rent spaces for servers that are essential for key businesses.

Logistics are great due to growing e commerce trends, especially now since people can't visit malls.

Malls and Offices are particularly hit heavily. Don't be tricked by high dividend yields alone, REIT prices are lagging indicators of the business and dividends are based on previous quarters distributions. Looking at P/B alone which could also mean "undervalued" may not be so undervalued as you think.

If you are newbies,I suggest you to buy Reits ETF to diversify the risk.