Be Sensitive To Valuations When Trading S-REITs

 

S-REITs	13 Dec Closing Price	NAV	Valuation
Suntec REIT	$1.725	$2.10	17.9% undervalued
CapitaLand Commercial Trust	$1.54	$1.72	10.5% undervalued
Frasers Centrepoint Trust	$1.92	$1.93	Fairly-valued
CapitaLand Mall Trust	$1.945	$1.86	4.7% overvalued
Mapletree Commercial Trust	$1.42	$1.32	7.5% overvalued
Ascendas REIT	$2.39	$2.03	17.7% overvalued

Looking at their valuations, Suntec REIT and CapitaLand Commercial Trust have significant 'upside potential' since they seem to be grossly undervalued. Personally, I am not touching Mapletree Commercial Trust and Ascendas REIT for now as they have more room to fall as the Fed starts to normalise interest rates.