The thing about Penang properties: the rentals are (relatively) cheap compared to their (speculative?heh) values. Absolutely absurd when it comes to the soaring properties price for the past 3 years. Bear in mind properties investment is illiquid, and huge upfront capital is required. And there's always hassle of managing your properties unless you are full time into properties investment. Another rule of thumb is a return of at least 6 percent per annum rental yield, else experts say it is just not worth the trouble.
So I recently started to invest in Real Estate Properties Trust (REIT). Capital Malls Malaysia Trust (CMMT) to be exact. Consider REITs as the unit trust in commercial/residential properties which trade on the stock exchange. Here are the top 10 reasons why I see potential in Malaysia's largest pure-play shopping mall REIT for long term holdings and dividend income. I thought it as a good way to balance the risk and return with regard to my US stocks portfolio.
1. Three iconic shopping malls
Its main portfolio includes Gurney Plaza, largest mall in the northern region. The other two are The Mines Seri Kembangan and Sungai Wang Plaza Kuala Lumpur.
So I recently started to invest in Real Estate Properties Trust (REIT). Capital Malls Malaysia Trust (CMMT) to be exact. Consider REITs as the unit trust in commercial/residential properties which trade on the stock exchange. Here are the top 10 reasons why I see potential in Malaysia's largest pure-play shopping mall REIT for long term holdings and dividend income. I thought it as a good way to balance the risk and return with regard to my US stocks portfolio.
1. Three iconic shopping malls
Its main portfolio includes Gurney Plaza, largest mall in the northern region. The other two are The Mines Seri Kembangan and Sungai Wang Plaza Kuala Lumpur.
