The Amova-Straits Trading Asia ex-Japan REIT ETF (CFA.SG) is trading at SGD 0.796, sitting in the middle of its well-defined trading range.The March selloff (from 0.83 to 0.77) was the sharpest move in the past year, likely driven by rate-cut expectations being repriced. Since then, the ETF has recovered to ~0.80. At ~5–6% yield, CFA is an income play. The question isn't just "is 0.79 cheap?" but "is there a better use for this capital right now?" whether that is another sector, cash, or waiting for a deeper pullback to 0.77.