SINGAPORE: Singaporeans looking for better ways to grow their retirement savings are turning to Real Estate Investment Trusts instead of traditional options like the Central Provident Fund and Singapore Savings Bonds .
For those considering alternative investments, The Smart Investor identifies four Singapore REITs providing higher dividend yields than CPF OA and SSB.Frasers Logistics & Commercial Trust owns various properties across different countries valued at S$6.7 billion. Despite seeing a slight drop in earnings in 2023, it still offers a good return on investment with a yield of 6.6%.
FLCT recently announced it’s buying four industrial properties in Germany from its sponsor, Frasers Property Limited, which will boost FLCT’s gearing to about 32.5% and is expected to increase its DPU.Elderly man who has more than S$40K in MediSave account gets only $580 a month, insufficient for his dental expenses
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