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SGX Real Estate Index priced below book value; yields near 6%
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Published Wed, Dec 23, 2015 · 09:50 PM
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Singapore
THE SGX Real Estate Index is priced below book value with yields near 6 per cent according to an SGX My Gateway report.
As of Tuesday's close, the 54 stocks were trading at average price-earnings (P/E) and price-to-book (P/B) ratios of 12.8 and 0.8 respectively, while maintaining a dividend yield of 5.9 per cent.
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