Daily Briefing: Shedding some light on the MAS’ function; Selling your property in Singapore

And here’s a beginner’s guide to investing in REITs.

Most people know the Monetary Authority of Singapore, or MAS in short, as the central bank of Singapore. However, not everyone really knows what MAS actually do, and more importantly, how its decisions can have an impact on our lives in Singapore. Rather than write a PHD long thesis of the functions and responsibilities of a central bank, we will simplified the understanding and simply list down three main roles which which MAS plays. Read more here.

The Singapore property market may be sluggish at the moment, but there will surely be many of you out there looking to sell your residential property for whatever reasons. Open listing is a non-exclusive agreement, meaning the property to be listed is open to any agents and the owner is not responsible for the commission, unless the agent brings the buyer. The owner can sell his own property and not pay any commission. Find out more here.

A REIT is short form for Real Estate Investment Trust. REITs are a type of professionally managed collective investment scheme with its primary business being the acquiring, owning and financing of income generating real estate. REITs have the benefit of providing investors with a regular income stream and prospects of long term capital appreciation. REITs provide investors an affordable means to invest in a diverse range of real estate assets. REITs tend to have a specific portfolio focus. Read more here.