November 21, 2014
Has the Government measure impact the growth?
Singapore government has been trying to step into the property market since 2009 to slowdown the price. From a trader terminology, price action reversal. Where is the support? Anyone want to try to catch the falling knife, cat the bottom. How low is the low?
What has it impact to the Singapore property stocks. Chart tells a thousand words. Like examine a REIT stock, Keppel REIT. But take note, Keppel REIT is not just own property investment in Singapore, it has other porfolio.
REIT stands for Real Estate Investment Trust. The definition by Investopedia, a security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate.
Keppel Reit, K71U
Who is Keppel REIT? Keppel REIT invests in a portfolio of commercial office and towers real estate and other real estate-related assets in Singapore and Australia.Keppel. REIT founded on November 2005 and headquarter in Singapore.
Keppel REIT November 21, 2014 Daily
Let zoom out to understand how the company evolved in the last seven years.
K71U, Keppel REIT Weekly, Seven Years Data November 21, 2014
Can the price action breakout from the zone?
Keppel REIT, K71U November 21, 2014 Daily
Can we see the Singapore property market from the chart here? In the recovery mode? Will see.
References
1) Keppel Reit
2) Billionaire Enclave Prices Drop on Singapore Property Curbs
Moses
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