SUNWAY REAL ESTATE INVT TRUST

KLSE (MYR): SUNREIT (5176)

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Last Price

1.84

Today's Change

+0.04 (2.22%)

Day's Change

1.80 - 1.84

Trading Volume

1,137,100


9 people like this.

2,033 comment(s). Last comment by mf 1 month ago

KingKKK

462 posts

Posted by KingKKK > 2024-04-21 19:36 | Report Abuse

Unfazed by Volatility: 5 Malaysia REITs with Strong Fundamentals (KingKKK) - AXREIT, CLMT, IGBREIT, SUNREIT, PAVREIT

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-21-story-h-182972911-Unfazed_by_Volatility_5_Malaysia_REITs_with_Strong_Fundamentals_KingKKK

winner168

18 posts

Posted by winner168 > 2024-04-30 16:27 | Report Abuse

Good news coming?

cheeseburger

2,873 posts

Posted by cheeseburger > 2024-07-30 12:41 | Report Abuse

Aug will announce.

Posted by xiaoGinna6969 > 2024-08-15 10:21 | Report Abuse

Dividends when?

Pinky

3,478 posts

Posted by Pinky > 2024-08-15 17:47 | Report Abuse

Stonk performance!

Posted by MrPandaPanda > 2024-08-15 21:35 | Report Abuse

ho seh liao!

speakup

27,040 posts

Posted by speakup > 2024-08-15 21:44 | Report Abuse

Fantastic set of results. Besok limit up

cheeseburger

2,873 posts

Posted by cheeseburger > 2024-08-16 08:28 | Report Abuse

less than previous dividend in Feb 2024.

Posted by bilisinvestor > 2024-08-16 09:14 | Report Abuse

When it comes to reits the most important part is the per unit data. They could increase the profit easily by acquisition of new properties. But there's always delusion by pp

cheeseburger

2,873 posts

Posted by cheeseburger > 2024-08-16 10:58 | Report Abuse

no more boosting power, may backwards.

Posted by brand1987 > 2024-08-16 14:38 | Report Abuse

Interim income distribution 4.66 sen per unit (4.14 sen per unit is taxable, 0.09 sen per unit is non taxable, 0.43 sen per unit is tax exempt)
distribution for tax exempt part increased

Posted by xiaoGinna6969 > 2024-08-19 10:53 | Report Abuse

Tax exempt = capital gains and not profits?

Posted by brand1987 > 2024-08-19 15:49 | Report Abuse

REITS must distribute at least 90% earnings in order to qualify for tax relief

ImCK

3,265 posts

Posted by ImCK > 2 months ago | Report Abuse

suggest sunreit launch dividen reinvestment plan policy instead of PP

Posted by Silent 88888 > 2 months ago | Report Abuse

sunreit is called profit distribution not dividend

ImCK

3,265 posts

Posted by ImCK > 2 months ago | Report Abuse

learn cmlt dividen reinvest plan 1) reduce finance cost 2) reduce debt and have more room to aqquire new property especially sunway velocity

ImCK

3,265 posts

Posted by ImCK > 2 months ago | Report Abuse

highly recommend management can consider about dividen reinvestment plan
this will help sunreit reduce debt save interest and support sunreit growth aggressively

speakup

27,040 posts

Posted by speakup > 2 months ago | Report Abuse

All REITs have high debts lah. That's the nature of their biz

leno

6,167 posts

Posted by leno > 2 months ago | Report Abuse

Can someone explain to me what is the meaning of 4.14 sen taxable ? Does this mean i need to declare this taxable income in my Tax form ? TQ.

speakup

27,040 posts

Posted by speakup > 2 months ago | Report Abuse

means taxable on the corporate side, not shareholder side. so no, you dont need to declare this taxable income under our single-tier system

leno

6,167 posts

Posted by leno > 2 months ago | Report Abuse

Oh i see ... TQ very much.

leno

6,167 posts

Posted by leno > 2 months ago | Report Abuse

what is your take on this counter ? I got zero idea on this. 2 months ago i send my kid to sunway college, so i walk around the area - sunway pyramid, sun u residence, sun geo avenue - monash u, sunway u, the BLT .... They look interesting to me.

leno

6,167 posts

Posted by leno > 2 months ago | Report Abuse

ok ... i think i will follow kwsp
Just bought 1500 lots at 1.63 - wish me all the luck.

speakup

27,040 posts

Posted by speakup > 2 months ago | Report Abuse

Sunreit together with Igbreit, Pavreit, Axreit, Klcc, Ytlreit are the best REITs in Malaysia. Low risk, stable dividends. But don't expect a lot capital gains. They are more for dividends

leno

6,167 posts

Posted by leno > 2 months ago | Report Abuse

I just aimed for 6% ROI ....😊😊

leno

6,167 posts

Posted by leno > 2 months ago | Report Abuse

Price Target

Sunway Real Estate Investment Trust - Refined Transcend 2027 Strategy to Maximise Potential
Source : TA, Price Call : BUY, Price Target : 1.98
Last Price : 1.65, Upside/Downside : +0.33(20.00%)

Not i say one horr .... other ppl say one.
😘😘

lulu27

2 posts

Posted by lulu27 > 2 months ago | Report Abuse

Currently Sunreit have around 10 bil in their portfolio. Transcend 2027 they target 14-15 bil portfolio.
But their Margin Ratio already used up, is it they will issues new share in order for them to acquire another 4-5 bil portfolio?

leno

6,167 posts

Posted by leno > 2 months ago | Report Abuse

I am new to this stock. It happen i just came back sending my kid toSunway college and walk around the area. Sunway concept looks interesting and sustainable. And in view of strong USD and US allies currency, it make Sunway education looks so attractive alternatives especially this year and next year. One room in Monash Australia cost RM 4,500 per month, whereas one Bigger and comfortable room in Sun U only cost RM 1,500 !! The price of everything is 3 time cheaper, and there are hundreds times more choices, not to mention tasty and delicious. A lot of foreign students come to Sunway because of the facilities. Myammar, India, Bangla, Japanese, China, South Korea, Indonesia ....The supermarket doing well. The Sunway Pyramid and sun geo are doing well. Sunway University, Monash and Taylor are doing very well. I would say, SUNWAY is a very good Brand. My kid said he sometimes saw Tan Sri Cheah walking around the Sun U and using stairs instead of lift all alone by HIMSELF. This is all good sign. Cheers.

speakup

27,040 posts

Posted by speakup > 1 month ago | Report Abuse

Sifu Leno bring good luck to this Sunreit

Pinky

3,478 posts

Posted by Pinky > 1 month ago | Report Abuse

leno must be a big whale🐋
😁😁😁

Pinky

3,478 posts

Posted by Pinky > 1 month ago | Report Abuse

@leno

4.14 sen taxable means u will only get 4.14 sen x 90% = 3.726 sen

The REIT will deduct 10% tax and pay you the net 90%

speakup

27,040 posts

Posted by speakup > 1 month ago | Report Abuse

See now u know why Leno is sifu. Once he buy, sure shoot up one

speakup

27,040 posts

Posted by speakup > 1 month ago | Report Abuse

In just 2 weeks, sifu Leno has already achieve his 6% ROI ! Salute sifu Leno

pang72

51,533 posts

Posted by pang72 > 1 month ago | Report Abuse

Retreat from 1.79 to 1.73 last 3 days..
Today surge to $1.81 3 year high

pang72

51,533 posts

Posted by pang72 > 1 month ago | Report Abuse

Most stable reit

pang72

51,533 posts

Posted by pang72 > 1 month ago | Report Abuse

Up 3c in red sea for SUNREIT..
It is catching up IGBREIT..
However, all Reits are good for stable income in crashing market

pang72

51,533 posts

Posted by pang72 > 1 month ago | Report Abuse

Top Picks
Target Price
Sunway REIT (SREIT MK) – BUY
MYR1.92
A

speakup

27,040 posts

Posted by speakup > 1 month ago | Report Abuse

Still holding mine bought at 1.50

speakup

27,040 posts

Posted by speakup > 1 month ago | Report Abuse

Speakup buy 1.50
Sifu Leno buy 1.62
Anymore here want to share their entry price?

pang72

51,533 posts

Posted by pang72 > 1 month ago | Report Abuse

KUALA LUMPUR: The manager of Sunway Real Estate Investment Trust (SunREIT) has announced that it has acquired 163 Retail Park in Mont Kiara, Kuala Lumpur, for RM215mil.

In a statement, Sunway REIT Management Sdn Bhd said the REIT trustee had signed a conditional sale and purchase agreement with D'Kiara Place Sdn Bhd, a wholly-owned subsidiary of YNH Property Bhd, to purchase the seven-storey retail mall.

pang72

51,533 posts

Posted by pang72 > 1 month ago | Report Abuse

According to SunREIT, the mall, which is the centrepiece component of a mixed-integrated development known as Kiara 163, has a gross floor area of about 76,146 sqm with a net lettable area of about 23,740 sqm and 1,085 car park bays.

The property is 94% occupied with over 100 tenants and brands, and is anchored by Jaya Grocer.

"We are delighted to have the opportunity to acquire what we feel is the best retail asset in the Mont’ Kiara neighbourhood.

"While competition in the retail industry in Klang Valley is rising, we believe 163 Retail Park is fulfilling the every day requirements of a niche market and whose income will be resilient and less impacted by new mall openings," said Sunway REIT Management CEO Clement Chan.

He said the manager is anticipating an initial net property income yield of 6.5% from the property, which will be yield-accretive to SunREIT's portfolio.

pang72

51,533 posts

Posted by pang72 > 1 month ago | Report Abuse

Surrounded by a substantial captive population comprising both locals and expatriates and coupled with our strong branding and track record in mall management, we believe the mall can be further enhanced as a premium lifestyle hub and NPI increased through tenant mix optimisation and asset enhancement initiatives," he added.

The proposed acquisition will be fully funded by SunREIT's existing debt facilities and is expected to be completed by the second quarter of 2024, subject to the fulfilment of the conditions precedent of the sale and purchase agreement.

Upon successful completion of the proposed acquisition, SunREIT's assets under management (AUM) will increase to RM9.1bil, maintaining its position as the second largest listed REIT in Malaysia, measured by AUM.

Pinky

3,478 posts

Posted by Pinky > 1 month ago | Report Abuse

2nd largest by AUM? KLCC tak kira meh? If kira KLCC, SUNREIT is 3rd

But certainly more diverse than KLCC and IGBREIT

Posted by MrPandaPanda > 1 month ago | Report Abuse


Speakup buy 1.50
Sifu Leno buy 1.62

I almost same with you speakup bought at 1.49 during covid crash still holding. Very good mall, every week I go to Sunway Carnival Mall, full like nobody business, always upgrade up to best level, good brands.

pang72

51,533 posts

Posted by pang72 > 1 month ago | Report Abuse

Today PAVREIT up, SUNREIT down.
Good chance to add

speakup

27,040 posts

Posted by speakup > 1 month ago | Report Abuse

no wonder last minute many reits selldown yesterday
insiders dump because they knew pmx impose 2% tax on dividends

Income

12,440 posts

Posted by Income > 1 month ago | Report Abuse

Posted by speakup > Sep 17, 2024 9:37 AM | Report Abuse

means taxable on the corporate side, not shareholder side. so no, you dont need to declare this taxable income under our single-tier system



Wrong answer,
Dividends 2% taxable in 2025. Prepare your e-fail ing Lhdn because you have multiple companies dividends. Now it's call helividends?

pang72

51,533 posts

Posted by pang72 > 1 month ago | Report Abuse

So, don't buy dividend stock or rather beg for growth stock now..

mf

29,190 posts

Posted by mf > 1 month ago | Report Abuse

Dozens of rockets launched from Lebanon to Israel: Army
The Israeli army says about 30 rockets were fired from Lebanon to Israel this afternoon.

Aerial warning sirens were heard in the Upper Galilee and Central Galilee areas, a military statement said.

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