Module 10 (M10) - Rules & Regulations for REIT Management, with Product Knowledge & Analysis

The M10 Examination is applicable for all persons who wish to conduct REIT management in Singapore. 

Please refer to the MAS Notice SFA 04-N09 for more information. Candidates are also advised to check with their compliance department for their applicable CMFAS exam modules.

  • - Introduction to Singapore Real Estate Investment Trusts (S-REITS)
  • - Introduction to the Property Market
  • - Property Valuation Considerations
  • - REIT Management
  • - Financing in REITs
  • - Pricing and Investing in S-REITs
  • - Key Ratios and Performance Measures
  • - Due Diligence on Property
  • - Legal Framework of S-REITs
  • - Regulatory Requirements relating to Offers of Units in S-REITs
  • - Conduct of Business
  • - Continuing Listing Obligations
  • - Difference between Real Estate Investment Trusts and Business Trusts
  • - Market Conduct
  • - Prevention of Financial Crimes
  • Format: 100 MCQs (computer-based)
  • Duration: 2 hours 
  • Pass mark: 75%


Candidates will receive their results immediately upon completion.

  Fees before GST
  1st Attempt Subsequent Attempt
Corporate Members $250 $210
Non-Members $290 $250

There are no exemptions for M10 as it is a Rules & Regulations examinations.

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