At the time of writing, CapitaLand Mall Trust (SGX: C38U) is trading at a share price (technically known as unit price for REITs) of S$1.78.
At that unit price, CapitaLand Mall Trust has a price-to-book (PB) ratio of 0.8 and a distribution yield of 6.7%.
As a long-term investor, CapitaLand Mall Trust looks like a buying opportunity to me at its unit price of S$1.78.
Let’s explore why using my 10-step guide to pick the best Singapore REITs.
As a summary, here are the 10 steps I use to pick the best Singapore REITs: