Meanwhile, inflation is running at roughly 2-3% annually, meaning your money is actually losing purchasing power every year.
If you have $50,000 sitting in the bank, you’re earning about $120 per year in interest. That’s $10 per month — barely enough to cover a decent lunch in Singapore.
But what if there was a way to earn $3,450 per year from that same $50,000? That’s $287.50 every month in passive income, without touching your principal.
Welcome to Real Estate Investment Trusts, or REITs — one of Singapore’s most reliable wealth-building tools for generating steady income.
What Are REITs? (The Simple Explanation)
Think of REITs as a way to become a property investor without actually buying property.
Here’s how it works: A REIT company pools money from thousands of investors to buy income-generating real estate — office buildings, shopping malls, warehouses, hotels. These properties collect rent from tenants, and that rental income gets distributed to investors like you….
