Wednesday, March 15, 2023



Sold 12,500 shares of AIMS APAC REIT at average $1.30368 on 13 Mar.

Total profit including dividend is $1385.90 (9.13%)

Reason for selling: 

1) Small drop in share price 

Most of the other REIT shares price dropped by bigger % compare to AIMS APAC REIT. Thus, make it attractive to swap out this small drop % to other REITs which have bigger drop in %.

Added another 29,000 shares of Lendlease REIT on 15 Mar at $0.675.

Total holding increased to 74,000 shares.

Reason for buying:
1) Same reasons as Jan 2023

Related post:

Sunday, March 5, 2023

CPF milestone: Happy 65th Birthday (How much $$$ you will be getting)


My father is celebrating his 65th Birthday this year.

CPF is the first to wish him "Happy 65th Birthday in advance!" via snail mail letter.

In the letter, he was provided with 2 options regard to CPF LIFE

Option 1: To use our online "Plan my monthly payouts" service

Option 2: To book a 1-to-1 CRPS consultation session with us


The letter is simple and straight forward to understand (There is no * found in the letter. LOL) 

We go with Option 1 and you can complete the 5 steps in less than 15mins.

The website is graphical user interface which provided you with super clear and detail illustration on the varies options you can consider.

My father is lucky to have met FRS amount.

Step 1: Start of defer payouts

For CPF standard plan, he can receive an estimated monthly payouts of $1,230 for as long as he is breathing.

If you would like to defer payout to later age, you can slide the slider and it will show the estimated amount with your chosen age

Step 2: Payout detail

If you have extra amount in your OA/SA, you can use it to increase your monthly payout too.
You have 3 options to choose from:  "Use the full amount available" / "Use a partial amount" / "I do not want to use CPF savings to increase my payouts".

Else, you can keep it in CPF to continue earn interest and withdraw the amount as and when you require it.

I just capture only the monthly payout if you transfer $10k, $20k and $30k as example to CPF LIFE.

Transfer $10k

Transfer $20k

Transfer $30k

I wont continue into Step 3 to 5 as it is pretty much straight forward and more into personal detail.
You are done with your CPF LIFE payout choice :)

  • If you change your mind on the CPF LIFE plan you selected at age 55, you can change it here before you submit the payout at age 65.  

Related post:

Friday, March 3, 2023

Added: CICT (Mar 2023)


Added 14,000 shares of CapitaLand Integrated Commercial Trust (CICT) at $1.88 on 2 Mar 2023.

Reason for buying:

1) PB 0.91

2) 5.6% dividend

I know 5.6% dividend yield doesn't seem high in current high interest rate era. But given CapitaLand branding, it might be challenging for share price to drop further by large margin to achieve higher dividend yield as that would mean that the PB will have to drop further. I view PB and dividend yield as a see-saw relationship which I think is quite balance out at this moment.

3) Almost pure play SG

4) 81% loan on fixed interest rate and at average 2.7% loan interest rate

5) Retail sector looking bright (Recovering)

Once tenants sales recover, positive tenants rent reversion will follow automatically. I am betting big on Retail sector as you will notice that in my portfolio, I have Frasers Centrepoint Trust + Lendlease REIT too.

Related post:

1) Added: Frasers Centrepoint Trust (Nov 2022)

2) Added: Lendlease REIT (Jan 2023)

3) SOLD: CapitaMall Trust (CMT) - Killed my golden goose

4) Added: Capitaland Mall Trust