Narrative Update • Aug 11

The Real Estate industry has been flat over the last week, but Sime Darby Property Berhad has lost 5.1%. The past year has been better, since the industry has gained 6.7% in that time. As for the next few years, earnings are forecast to decline by 4.3% per annum.
Has the Malaysian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 17 Aug 2026 | RM 153.2b | RM 55.5b | RM 12.5b | 10.3x | 12.2x | 2.8x |
| Wed, 15 Jul 2026 | RM 153.7b | RM 56.3b | RM 12.5b | 10.6x | 12.3x | 2.7x |
| Fri, 12 Jun 2026 | RM 154.7b | RM 56.2b | RM 12.4b | 10.3x | 12.5x | 2.8x |
| Sun, 10 May 2026 | RM 163.3b | RM 56.1b | RM 12.2b | 11.2x | 13.4x | 2.9x |
| Tue, 07 Apr 2026 | RM 145.2b | RM 55.5b | RM 12.0b | 10.3x | 12.1x | 2.6x |
| Thu, 05 Mar 2026 | RM 152.0b | RM 54.7b | RM 11.8b | 10.7x | 12.8x | 2.8x |
| Sat, 31 Jan 2026 | RM 155.6b | RM 53.3b | RM 11.0b | 12.3x | 14.1x | 2.9x |
| Mon, 29 Dec 2025 | RM 143.4b | RM 53.2b | RM 10.7b | 11.8x | 13.4x | 2.7x |
| Wed, 26 Nov 2025 | RM 141.3b | RM 52.2b | RM 10.4b | 12.5x | 13.6x | 2.7x |
| Fri, 24 Oct 2025 | RM 141.1b | RM 51.9b | RM 9.4b | 14x | 15x | 2.7x |
| Sun, 21 Sep 2025 | RM 139.8b | RM 51.9b | RM 9.5b | 13.1x | 14.7x | 2.7x |
| Tue, 19 Aug 2025 | RM 139.2b | RM 51.7b | RM 10.5b | 12.5x | 13.2x | 2.7x |
| Thu, 17 Jul 2025 | RM 139.6b | RM 51.8b | RM 10.5b | 13x | 13.4x | 2.7x |
| Sat, 14 Jun 2025 | RM 134.1b | RM 51.8b | RM 10.6b | 12.2x | 12.7x | 2.6x |
| Mon, 12 May 2025 | RM 136.0b | RM 52.7b | RM 10.7b | 12.3x | 12.8x | 2.6x |
| Wed, 09 Apr 2025 | RM 125.6b | RM 52.4b | RM 10.8b | 12x | 11.7x | 2.4x |
| Fri, 07 Mar 2025 | RM 133.6b | RM 52.4b | RM 10.8b | 12.6x | 12.4x | 2.5x |
| Sun, 02 Feb 2025 | RM 137.6b | RM 51.4b | RM 10.0b | 13x | 13.7x | 2.7x |
| Tue, 31 Dec 2024 | RM 144.2b | RM 51.3b | RM 9.8b | 13.8x | 14.7x | 2.8x |
| Thu, 28 Nov 2024 | RM 137.4b | RM 51.6b | RM 9.8b | 14x | 14x | 2.7x |
| Sat, 26 Oct 2024 | RM 139.7b | RM 51.0b | RM 10.0b | 13.4x | 13.9x | 2.7x |
| Mon, 23 Sep 2024 | RM 137.6b | RM 50.7b | RM 9.8b | 13.4x | 14x | 2.7x |
| Wed, 21 Aug 2024 | RM 133.5b | RM 50.2b | RM 8.3b | 14.8x | 16x | 2.7x |
| Fri, 19 Jul 2024 | RM 141.6b | RM 49.4b | RM 7.9b | 14.9x | 18x | 2.9x |
| Sun, 16 Jun 2024 | RM 138.7b | RM 48.6b | RM 7.6b | 15.1x | 18.3x | 2.9x |
| Tue, 14 May 2024 | RM 132.0b | RM 47.1b | RM 7.3b | 14.6x | 18x | 2.8x |
| Thu, 11 Apr 2024 | RM 126.8b | RM 46.9b | RM 7.3b | 14.4x | 17.3x | 2.7x |
| Sat, 09 Mar 2024 | RM 117.5b | RM 46.7b | RM 7.3b | 13.9x | 16x | 2.5x |
| Mon, 05 Feb 2024 | RM 117.2b | RM 46.3b | RM 7.3b | 13.4x | 16x | 2.5x |
| Wed, 03 Jan 2024 | RM 112.4b | RM 46.1b | RM 7.1b | 13x | 15.8x | 2.4x |
| Fri, 01 Dec 2023 | RM 110.0b | RM 45.7b | RM 7.0b | 12.9x | 15.7x | 2.4x |
| Sun, 29 Oct 2023 | RM 109.8b | RM 44.5b | RM 7.3b | 14.1x | 15x | 2.5x |
| Tue, 26 Sep 2023 | RM 112.6b | RM 44.2b | RM 7.2b | 15.1x | 15.7x | 2.5x |
| Thu, 24 Aug 2023 | RM 106.3b | RM 43.2b | RM 6.8b | 13.5x | 15.5x | 2.5x |
15.5x
Which industries have driven the changes within the Malaysian Real Estate sector?
| MY Market | 0.10% | |
| Real Estate | -0.16% | |
| Health Care REITs | 1.74% | |
| Office REITs | 0.84% | |
| Industrial REITs | 0.46% | |
| REITS | 0.27% | |
| Retail REITs | 0.10% | |
| Real Estate | -0.34% | |
| Hotel and Resort REITs | -2.86% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| OSK OSK Holdings Berhad | RM 2.12 | 3.9% +RM 247.5m | 65.6% | PE11.1x | |
| SUNREIT Sunway Real Estate Investment Trust | RM 2.19 | 1.9% +RM 137.0m | 0% | PB1.3x | |
| AXREIT Axis Real Estate Investment Trust | RM 1.84 | 2.2% +RM 81.0m | -9.4% | PB1.1x | |
| LAGENDA Lagenda Properties Berhad | RM 1.47 | 4.3% +RM 49.9m | 22.5% | PE6.8x | |
| EWICAP EWI Capital Berhad | RM 0.20 | 11.1% +RM 48.0m | -33.3% | PS169x |