if you earn 7%, you will double your money in 10 years (rule of 72)

[bellec]

@mattmanticus bro is talking cock and gets down voted still argues typical daytrader. activities

 

[philip_b]

@mattmanticus FYI. Singapore Reits exist. Better regulated , more international exposure.

 

[ream]

@philip_b AND the listed REITs can be having properties around the world , not just SG

AND 0% withholding tax for individuals, unlike 10% from MY-listed REITs

 

[allenkrookham]

@ream Correct. Mreits is like local restaurant, while Sreits is like international buffet.

 

[russman]

@mattmanticus Don’t agree, reits are just a sector of the market, it can outperform or underperform, and since we are only buying the highest yields one here, we are exposing ourselves to idiosyncratic risk of both individual stocks and real estate sector.

 

[danny4mission]

@mattmanticus Doesn't REIT need to pay for RPGT when sold?

 

[mattmanticus]

@danny4mission no. They work like any other share on KLSE

 

[danny4mission]

@mattmanticus Every person whether or not resident is chargeable to Real Property Gains Tax (RPGT) on gains arising from disposal of real property, including shares in a real property company (RPC)
https://www.pwc.com/my/en/publications/mtb/real-property-gains-tax.html

However, unit holders are liable to tax on the distribution of income. Since the income distributed by REITs are tax exempt, no tax credit under subsection 110(9A) of the Income Tax Act (ITA) 1967 would be available to the unit holders.
https://www.hasilnet.org.my/tax-on-reit-investment/

 

[mattmanticus]

@danny4mission RPC =/= REIT

 

[danny4mission]

@mattmanticus This essentially means that the REIT/PTF will not have to pay
any tax but instead the unit holder will be subject to tax on the distributions from the REIT/PTF.
https://phl.hasil.gov.my/pdf/pdfam/guideline_REITs.pdf

 

[mattmanticus]

@danny4mission

but instead the unit holder will be subject to tax on the distributions from the REIT/PTF.

you arnt reading it right.

 

[sheshell675]

@mattmanticus I want to ask... Hektar REIT and Residensi Hektar Gombak got relevant between them?

 

[johnsteam86]

@mattmanticus *cries in Sentral REIT since 2016

 

[mattmanticus]

@johnsteam86 I feel your pain. But I DCA during the COVID dip and managed to get Sentral into green territory

 

[joe4live]

@mattmanticus Does Klse Stocks have options? Never invested in them so I'm a total noob to the Malaysian market

 

[aalia]

@mattmanticus waooo