Singapore Real Estate Market Outlook

Singapore's GDP is going to be flat at 0.5% amid trade tensions between the U.S. and China. When GDP rebounds, we will also see rents increase in the real estate space.

Moreover, the real estate market is going to see less supply in the coming 2 years, which could boost the real estate market even more.

 

Rents are going to grow as well, while vacancy rates go down.

Ascendas REIT consists mostly of logistics and business property in Singapore and to a lesser extend Australia. Rents are expected to rise modestly, especially when investment picks up from capital fleeing Hong Kong.

There's been an increase in capital outflows from Hong Kong-based investors into other major global real estate markets, with Australia, Singapore, Japan, and the U.S. all seeing an increase in purchasing activity," said Ben Burston, Knight Frank LLP's Australia-based chief economist.

 

Net operating income is at 6%, with a dividend of 5%.

Benefitting from Hong Kong Turmoil

Hong Kong isn't doing well. It has gone into recession and capital is flowing out of the country. That money is flowing into Singapore and Shenzhen as Jim Rogers suggests in this video. If you want to invest in Singapore, I would buy some real estate investment trusts like Ascendas.

Ascendas has a lot of real estate in Singapore and a bit in U.K. and Australia. Dividend yield is 5.5%, which is better than 0% on your bank deposit. The trend of this stock is up and it isn't overvalued.

BTW, Jim is also buying Russia, which I have been promoting for months.