Posts byJun Yuan

My name is Jun Yuan, and I am the owner of The Singaporean Investor. I am a full-time retail investor and trader since April 2017, and in this website, I'd be sharing with you my personal analyses of Singapore-listed companies, along with advices relating to investing, as well as trading.

Website

Mapletree Industrial Trust (SGX: ME8U): 3Q & 9M FY2025/26 Results Review

Mapletree Industrial Trust (SGX: ME8U), or MIT, has an investment focus on industrial and data centre properties. As at 31 December 2025 (9M FY2025/26), its portfolio comprises of a total of 136 properties in North America, Singapore, and Japan worth S$8.5 billion. In this post, you’ll find a review of MIT’s latest financial figures, portfolio occupancy, debt profile, and distribution payout to unitholders reported for 3Q & 9M FY2025/26…

Read More

Mapletree Logistics Trust (SGX: M44U): 3Q & 9M FY2025/26 Results Review

Mapletree Logistics Trust (SGX: M44U), or MLT, invests in logistics properties, where its portfolio comprises of 174 properties located in 9 Asia Pacific locations worth S$13.0 billion as at 31 December 2025. In this post, you’ll find a review of MLT’s latest 3Q & 9M FY2025/26 results in terms of its financial figures, portfolio occupancy, debt profile, and distribution payout to unitholders…

Read More

Frasers Centrepoint Trust (SGX: J69U): 1Q FY2025/26 Business Update Review

Frasers Centrepoint Trust (SGX: J69U), or FCT, is Singapore’s largest suburban retail mall REIT, where its portfolio comprises 9 retail malls, and 1 office property, valued at S$8.3 billion. Here’s what you need to know about FCT’s portfolio occupancy and debt profile in its latest 1Q FY2025/26 business update…

Read More

Suntec REIT (SGX: T82U): 4Q & FY2025 Results Review

Suntec REIT (SGX: T82U) has an investment focus on commercial properties used predominantly for retail or office purposes located in Singapore, Australia, as well as in the United Kingdom. In this post, you’ll find a review of the REIT’s latest financial figures, portfolio occupancy, debt profile, and distributable payout to unitholders for 4Q and FY2025 ended 31 December 2025…

Read More

Frasers Centrepoint Trust (SGX: J69U): FY2024/25 Annual Report Summary

Frasers Centrepoint Trust (SGX: J69U), or FCT, is Singapore’s largest suburban retail mall REIT with 10 properties in its portfolio (9 retail malls and 1 office property) worth approximately S$8.3 billion. In late-December, FCT published its latest annual report for FY2024/25 ended 30 September 2025, to which you’ll find a summary to in this post, together with details of its upcoming AGM…

Read More

Webinar Replay – Riding the REIT Cycle: Rate Relief, Market Revival, and the Opportunities Ahead

I was honoured to be invited to share my humble 2-cents worth about REITs in an online event organised by AlphaInvest yesterday morning (17 December). During the 30+ minute presentation, I discussed about some of the headwinds and tailwinds facing the REIT sector in 2026, key metrics I look at to help me decide whether a REIT makes it to my investment watchlist, case studies on 4 REITs and business trusts listed on the SGX (where I addressed concerns that investors have about each of them), along with a post series on a review of the REITs’ distribution payouts and unit price movements which I recently completed. You can watch the video replay in this post…

Read More

Understanding Headwinds Faced by Mapletree Industrial Trust’s North American Data Centres: Insights from my Discussion with the REIT’s Investor Relations

One of the concerns I have regarding Mapletree Industrial Trust’s (SGX: ME8U) latest 2Q & 1H FY2025/26 results is the continued weakness in the occupancy rates of its properties in North America. With that in mind, I’ve decided to write in to the Investor Relation (IR) team to seek clarification about it, and they have kindly initiated an e-meet to address it directly. In this post, you’ll find a summary of my 45-minute discussion with the REIT’s IR team on the situation and how the management is approaching the issue moving forward. On top of that, I’ve also asked about Mapletree Rosewood Data Centre Trust (MRODCT) which the REIT holds a 50% interest with its Sponsor, and also about the spike in borrowings at fixed rate (which was at a high of 92.9% as at end of 30 September 2025)…

Read More

EC World REIT: Key Highlights from its 3Q and 9M FY2025 Results

Listed on the Singapore Exchange, but with all of its investments in China, EC World REIT (SGX: BWCU) has an investment focus on properties used for e-commerce and port logistics, with its portfolio currently comprising of 7 properties in the country. Trading of the REIT’s units continue to remain suspended at this juncture. Earlier this evening (13 November), it has released results for 3Q and 9M FY2025, and in this post, you’ll find my review of its latest financial figures, along with its portfolio occupancy and debt profile…

Read More

DBS, UOB, and OCBC’s 3Q & 9M FY2025 Scorecard: Who Wins on Performance and on Valuation

Now that all the 3 Singapore banks have released their 3Q & 9M FY2025 business updates (with DBS and UOB on 6 November, and OCBC on 7 November), its time put their figures side-by-side to find out which of them had the strongest growth. At the same time, I have also put their current valuations together to find out which is the ‘cheapest’ and the ‘most expensive’ – all of which you can read about in this post…

Read More

Understanding UOB’s Allowance Surge, and What it Means for Dividends: Responses from the Investors Relations

United Overseas Bank Limited (SGX: U11), or UOB, released its business update for 3Q and 9M FY2025 yesterday (06 November). A key point of concern was the sharp increase in allowances for credit and other losses, which led to a 72.5% year-on-year decline in net profit attributable to shareholders for the quarter. To gain further clarity, I reached out to the bank’s Investor Relations team regarding the factors behind the allowance spike and its implications for the final dividend payout (particularly how it will be computed). In this post, I’ll be sharing their responses…

Read More