To The Moon

Singapore REITs Mar 2026 Monthly Update @Kenny_Loh

Singapore REITs Mar 2026 Monthly Update

1. Technical Analysis (TA) - April 2026 $IFAST(AIY.SI)$ is currently in a "consolidation within an uptrend" phase. After the massive rally fueled by the Hong Kong ePension project and the successful turnaround of iFAST Global Bank (iGB), the stock is testing key psychological and structural levels. Long-term Trend: The primary trend remains bullish. A clear upward-sloping support line can be drawn connecting the lows of late 2022 ($3.00 range) and the mid-2024 recovery phase. Current Resistance: $11.50 - $12.20 (Previous peak and major analyst target cluster). Immediate Support: $9.00 - $9.20. The "Long-Term Uptrend Support": This line currently sits approximately at the $7.80 - $8.20 zone. A retrace to this level would represent a healthy 10-15

Chart Watch: Identifying the Next Major Move for CLI in 2026 ‌As of March 31, 2026, $CapitaLandInvest(9CI.SI)$ is navigating a fascinating "inflection point." While the technicals show a stock testing a major multi-year ceiling, the fundamentals are shifting toward a higher-quality, asset-light model. ‌ 1. Technical Analysis (TA) ‌Looking at the provided chart, we see a textbook ascending triangle/wedge formation that has been developing since early 2025. Major Resistance ($3.125): This is the "Line in the Sand." The stock has tested this level five times over the last three years (blue circles). It is a heavy supply zone. A convincing breakout above $3.12 with high volume would be a massive bullish signal, likely targeting the $3.50–$3.65 range

Based on the technical chart for $CapLand Ascendas REIT(A17U.SI)$ as of late March 2026, the stock is currently testing a significant multi-year psychological and structural floor. Key Support and Resistance Levels Primary Support ($2.50): This is the most critical level on the chart. As indicated by the highlighted circles, the price has rebounded from this level at least six times since late 2022. It represents a "strong buy" zone where historical demand consistently outweighs supply. Immediate Resistance ($2.657 - $2.705): The previous support level at $2.657 has now flipped into a minor resistance. Furthermore, the 50-day and 200-day Moving Averages (blue and green lines) are converging around $2.70 - $2.76, acting as a technical ceiling fo

📈 Technically, Singapore REITs sector (FTSE ST REIT Index) is bearish heading towards the the 2 years low of 622 support level. 🔥 Total Market Cap = S$94.2B (⬇️ from S$101.1B) 🎯 Average Price/NAV = 0.78 (⬇️ from 0.86) 🎯 Average Distribution Yield = 5.94% (⬆️ from 5.41%) 🎯 Market Cap Weighted Avg Distribution Yield = 5.62% (⬆️ from 5.17%) 🎯 Average Gearing Ratio = 39.94% (⬇️ from 39.99% ) 💹 Average Yield Spread (vs SG 10Y Gov Yield) = 3.84% (⬆️ from 3.42%) 𝗕𝘂𝗹𝗹 / 𝗕𝗲𝗮𝗿 𝗖𝗮𝗹𝗹 𝗳𝗼𝗿 𝗦-𝗥𝗘𝗜𝗧 𝗦𝗲𝗰𝘁𝗼𝗿 (𝗜𝗻 𝗚𝗲𝗻𝗲𝗿𝗮𝗹): 🐮 Valuation (Sector is still mostly trading below NAV) 🐻 Technical Structure Improving (Short Term Trend Bearish) 🐮🐻 Interest Rate Environment Stabilising (SG 10Y @ ~2.12%; there is a risk of returning of inflation / rate hike due to high oil price cause the conflict in Middle East) 🐻 US 10

While $DBS(D05.SI)$ and $OCBC Bank(O39.SI)$ have been grabbing the headlines with record buybacks and "yield-chasing" rallies, United Overseas Bank (UOB) $UOB(U11.SI)$ is currently telling a very different story on the charts. As we hit mid-March 2026, UOB is sitting at a critical technical and fundamental crossroads. Here is my deep dive into why this might be the most "interesting" play of the Big Three right now. 1. Technical Analysis: The Battle for the 200-Day MA Looking at the current chart, UOB is showing significantly more "friction" than its peers. The Descending Channel: Throughout the tail end of 2025, UOB traded within a clear descending channel

As of March 15, 2026, $DBS(D05.SI)$ is navigating a complex period marked by "peak" earnings sentiment, significant capital returns, and a volatile geopolitical backdrop.‌‌ 1. Technical Analysis: The "CD to XD" Transition ‌‌DBS is currently trading Cum-Dividend (CD). The stock has a significant dividend payout pending, which will create a mechanical price drop on the Ex-Dividend (XD) date. Key Dividend Dates: * Ex-Dividend Date: April 8, 2026. Dividend Amount: $0.81 per share (comprising a $0.66 final ordinary dividend + $0.15 capital return dividend). The XD Drop Expectation: On the morning of April 8, the share price will technically open approximately $0.81 lower than the previous day's close. Current Chart Setup: * The stock has pulled back

Based on the chart provided and current market data as of March 15, 2026, here is a technical analysis and market outlook for OCBC Bank. $OCBC Bank(O39.SI)$ Technical Analysis (Chart Review) The chart displays a strong long-term uptrend followed by a recent healthy correction. ‌ Trend Analysis:  The stock has been in a sustained "bull" phase since late 2025. However, it recently hit an all-time high of $21.78 (mid-February) and is currently in a retracement phase, trading around $20.63. ‌ Moving Averages (MAs): 20-day MA (Red): The price has slipped below this short-term line, indicating a loss of immediate momentum. 50-day MA (Blue): The price is currently testing this crucial support level. A decisive break below this could signal further

For many retail investors, the headline Distribution Per Unit (DPU) is the ultimate scorecard. It is the number that flashes on the screen, dictates the yield, and often determines whether a REIT earns a place in a retirement portfolio. However, as REIT specialist Kenny Loh warns, focusing exclusively on this headline figure can lead to a dangerous "Transparency Gap." The headline DPU is often the financial equivalent of "Gross Salary vs. Take-Home Pay." A high figure on a contract looks impressive, but once you strip away the accounting maneuvers and one-off "bonuses" used to inflate the optics, the actual "spendable" cash generated by the properties can be significantly smaller. To protect your capital, you must look past the "financial engineering" toolkit and identify the red