{"id":17974,"date":"2024-10-15T07:00:30","date_gmt":"2024-10-14T23:00:30","guid":{"rendered":"https:\/\/www.smallcapasia.com\/?p=17974"},"modified":"2026-06-08T18:57:54","modified_gmt":"2026-06-08T10:57:54","slug":"3-top-reits-for-your-cpf-investment-account","status":"publish","type":"post","link":"https:\/\/www.smallcapasia.com\/zh-hans\/3-top-reits-for-your-cpf-investment-account\/","title":{"rendered":"3 Top REITs for Your CPF Investment Account"},"content":{"rendered":"

The Singapore\u2019s Central Provident Fund (CPF) offers Singaporeans a good way to save for retirement. At present, if you are below 55 years old, the CPF Ordinary Account has an interest rate of 2.5%. However, for the first S$20,000, the interest is 3.5%.<\/p>\n

For investors seeking higher returns for their OA accounts, REITs might be a good choice for investors to invest on.\u00a0 Here are 3 top REITs you might wish to consider for your CPF Investment Account.<\/p>\n

CapitaLand Ascendas REIT<\/h2>\n

CapitaLand Ascendas REIT (CLAR) reported its half year results ended 30 June 2024 on 30 July 2024.<\/p>\n

\"3<\/a><\/p>\n

Net property income is up 3.9% to S$528.4 million while distributable income is up 1% to S$330.8 million. However, DPU dipped slightly by 2.5% to 7.524 cents. This translate to a dividend yield of more than 5.3%. This is higher than the CPF OA interest of 2.5%.<\/p>\n

CLAR maintained a healthy portfolio occupancy of 93.1% with positive portfolio rental reversion of 13.4%. Gearing ratio is manageable at 37.8% with cost of debt of 3.7%. Interest cover is still healthy at 3.7x.<\/p>\n

With a favourable financial metrics together with a diversified portfolio of properties, CLAR is definitely one of the 3 top REITs for your CPF Investment Account. You can view the REIT website here.\u00a0<\/a><\/em><\/p>\n

Frasers Centrepoint Trust<\/h2>\n

Frasers Centrepoint Trust (FCT) reported its business update for 9 months ended 30 June 2024 on 24 July 2024. Portfolio occupancy remains very healthy at 99.7%.<\/p>\n

Portfolio shopper traffic for 3Q24 increased by 4.1% y-o-y while portfolio tenants\u2019 sales for 3Q24 increased by 0.7% y-o-y. DPU declared for the half year ended 31 March 2024 was 6.022 which translate to an annualized dividend yield of more than 5%.<\/p>\n

Gearing ratio is at 39.1% with average cost of debt of 4.2%. Interest cover is 3.26x.<\/p>\n

With the acquisition of the additional 24.5% effective interest in NEX to make full contribution from 2H24 onwards and Tampines 1 AEI on schedule to complete by September 2024, FCT should be considered as of the 3 top REITs for your CPF Investment Account.<\/p>\n

You can view the REIT website here.\u00a0<\/a><\/em><\/p>\n

Parkway Life Real Estate Investment Trust
\n<\/h2>\n

Parkway Life Real Estate Investment Trust (PLife REIT) reported its half year results ended 30 June 2024 on 26 July 2024.<\/p>\n

\"Parkway<\/a><\/p>\n

As expected, PLife REIT did not disappoint its shareholders. Though gross revenue dropped by 2.7% to S$72.4 million and net property income dropped by 2.5% to S$68.3 million, DPU for 1H2024 increased by 3.5% to 7.54 cents. This translate to an annualized dividend yield of more than 3.7%.<\/p>\n

Gearing ratio remains healthy at 35.3% with a very low cost of debt of 1.35%. Interest cover is very high at 10.6x. Although PLife REIT has a low dividend yield of 3.7% and is not much higher than CPF interest rate, it has never dropped its DPU before since its listing in 2007.<\/p>\n

In fact, PLife REIT has provided an annualized return of 7.7% since its listing. This is much better than the CPF interest rate and hence should be considered as one of the 3 top REITs for your CPF Investment Account.\u00a0You can view the REIT website here.\u00a0<\/a><\/em><\/p>\n

I have highlighted 3 top REITs for your CPF Investment Account. However, investors need to take note that the amount in your CPF is very safe and also provide a slow and steady return compared to investing in REITs.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Singapore\u2019s Central Provident Fund (CPF) offers Singaporeans a good way to save for retirement. At present, if you are below 55 years old, the CPF Ordinary Account has an interest rate of 2.5%. However, for the first S$20,000, the interest is 3.5%. For investors seeking higher returns for their OA accounts, REITs might be […]<\/p>\n","protected":false},"author":36,"featured_media":17979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[3053,3051],"tags":[1576,2009,2023,2379,2867,2913],"class_list":["post-17974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reits-dividend-stock-coverage-singapore","category-singapore","tag-stable-reits","tag-frasers-centrepoint-trust","tag-good-reits","tag-capitaland-ascendas-reit","tag-parkway-life-real-estate-investment-trust","tag-3-top-reits"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/posts\/17974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=17974"}],"version-history":[{"count":4,"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/posts\/17974\/revisions"}],"predecessor-version":[{"id":17981,"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/posts\/17974\/revisions\/17981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/media\/17979"}],"wp:attachment":[{"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=17974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=17974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smallcapasia.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=17974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}