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Malaysian (KLSE) Real Estate Sector Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies106
  • 7D-0.2%
  • 3M-1.1%
  • 1Y0.08%
  • YTD-3.8%

Last week, the Real Estate industry hasn't moved much but Sunway Real Estate Investment Trust is up 5.1% in that time. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 3.3% per annum.

Sector Valuation and Performance

Has the Malaysian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Nov 2025RM 139.1bRM 52.1bRM 9.6b13x14.6x2.7x
Mon, 13 Oct 2025RM 143.1bRM 51.9bRM 9.4b13.5x15.2x2.8x
Wed, 10 Sep 2025RM 139.3bRM 52.0bRM 9.5b13.1x14.6x2.7x
Fri, 08 Aug 2025RM 139.3bRM 51.7bRM 10.6b12.6x13.2x2.7x
Sun, 06 Jul 2025RM 139.1bRM 51.8bRM 10.5b12.8x13.3x2.7x
Tue, 03 Jun 2025RM 136.6bRM 51.9bRM 10.6b12.3x12.9x2.6x
Thu, 01 May 2025RM 132.4bRM 52.5bRM 10.8b12.4x12.3x2.5x
Sat, 29 Mar 2025RM 134.2bRM 52.4bRM 10.8b12.8x12.4x2.6x
Mon, 24 Feb 2025RM 139.5bRM 51.4bRM 10.2b12.7x13.7x2.7x
Wed, 22 Jan 2025RM 140.7bRM 51.3bRM 9.8b13.4x14.3x2.7x
Fri, 20 Dec 2024RM 139.0bRM 51.1bRM 9.7b13.1x14.3x2.7x
Sun, 17 Nov 2024RM 136.8bRM 51.1bRM 9.8b13.3x13.9x2.7x
Tue, 15 Oct 2024RM 139.0bRM 51.0bRM 10.0b13.5x13.9x2.7x
Thu, 12 Sep 2024RM 129.4bRM 50.6bRM 9.8b13.1x13.2x2.6x
Sat, 10 Aug 2024RM 134.3bRM 49.6bRM 8.0b14.5x16.9x2.7x
Mon, 08 Jul 2024RM 136.6bRM 49.3bRM 7.9b15.3x17.3x2.8x
Wed, 05 Jun 2024RM 134.1bRM 49.5bRM 7.9b14.8x17.1x2.7x
Fri, 03 May 2024RM 127.8bRM 47.1bRM 7.3b14.4x17.4x2.7x
Sun, 31 Mar 2024RM 125.7bRM 46.9bRM 7.3b14.2x17.2x2.7x
Tue, 27 Feb 2024RM 119.1bRM 46.6bRM 7.4b13.6x16.2x2.6x
Thu, 25 Jan 2024RM 117.1bRM 46.1bRM 7.2b13.6x16.3x2.5x
Sat, 23 Dec 2023RM 112.0bRM 46.0bRM 7.1b12.9x15.7x2.4x
Mon, 20 Nov 2023RM 111.6bRM 44.5bRM 7.3b14.2x15.2x2.5x
Wed, 18 Oct 2023RM 111.9bRM 44.2bRM 7.3b14.7x15.3x2.5x
Fri, 15 Sep 2023RM 108.6bRM 44.2bRM 7.1b14.7x15.2x2.5x
Sun, 13 Aug 2023RM 103.4bRM 43.2bRM 6.9b12.7x14.9x2.4x
Tue, 11 Jul 2023RM 98.2bRM 43.0bRM 6.9b12.8x14.1x2.3x
Thu, 08 Jun 2023RM 95.8bRM 42.2bRM 6.7b12.8x14.4x2.3x
Sat, 06 May 2023RM 95.8bRM 40.5bRM 6.2b12.4x15.5x2.4x
Mon, 03 Apr 2023RM 94.3bRM 40.5bRM 5.9b12.5x15.8x2.3x
Wed, 01 Mar 2023RM 93.5bRM 39.6bRM 6.5b12.4x14.5x2.4x
Fri, 27 Jan 2023RM 93.9bRM 39.9bRM 5.4b12.6x17.3x2.4x
Sun, 25 Dec 2022RM 87.9bRM 39.5bRM 5.3b12.1x16.6x2.2x
Tue, 22 Nov 2022RM 85.7bRM 37.3bRM 4.5b12.9x19.2x2.3x
Price to Earnings Ratio

19.2x


Total Market Cap: RM 85.7bTotal Earnings: RM 4.5bTotal Revenue: RM 37.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Real Estate Sector Price to Earnings3Y Average 15.1x202320242025
Current Industry PE
  • Investors are relatively neutral on the Malaysian Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 15.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 29% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Malaysian Real Estate sector?

MY Market0.083%
Real Estate-0.22%
Retail REITs1.38%
Industrial REITs0.65%
Office REITs0.31%
Hotel and Resort REITs0%0
Real Estate-0.61%
Health Care REITs-0.78%
REITS-0.97%
Industry PE
  • Investors are most optimistic about the Health Care REITs industry, which is trading close to its 3-year average PE ratio of 18.3x.
    • Analysts are expecting annual earnings growth of 6.9%, which is higher than its past year's earnings decline of 5.9% per year.
  • Investors are most pessimistic about the Office REITs industry, which is trading below its 3-year average of 15.0x.
Forecasted Growth
  • Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 7.5% over the next 5 years.
  • This is better than its past earnings decline of 4.9% per year.
  • In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 8.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SUNREIT Sunway Real Estate Investment TrustRM 2.255.1%
+RM 376.7m		23.6%PB1.3x
IGBREIT IGB Real Estate Investment TrustRM 2.711.1%
+RM 108.7m		30.3%PB2.3x
KSL KSL Holdings BerhadRM 2.841.8%
+RM 53.7m		66.1%PE7.2x
RADIUM Radium Development BerhadRM 0.512.0%
+RM 34.7m		6.3%PE122.8x
MAHSING Mah Sing Group BerhadRM 1.041.0%
+RM 25.6m		-38.5%PE10.5x

Latest News

SUNREIT
RM 2.25
Sunway Real Estate Investment Trust
7D
5.1%
1Y
23.6%
KSL
RM 2.84
KSL Holdings Berhad
7D
1.8%
1Y
66.1%
TROP
RM 1.11
Tropicana Corporation Berhad
7D
-5.1%
1Y
-10.5%

Tropicana Corporation Berhad's (KLSE:TROP) Price In Tune With Revenues

Nov 06
Tropicana Corporation Berhad's (KLSE:TROP) Price In Tune With Revenues
AXREIT
RM 2.10
Axis Real Estate Investment Trust
7D
-2.3%
1Y
20.7%
PAVREIT
RM 1.81
Pavilion Real Estate Investment Trust
7D
-1.1%
1Y
19.9%
KLCC
RM 8.71
KLCC Property Holdings Berhad
7D
-0.7%
1Y
8.2%
AMEREIT
RM 1.63
AME Real Estate Investment Trust
7D
2.5%
1Y
15.6%
IGBREIT
RM 2.71
IGB Real Estate Investment Trust
7D
1.1%
1Y
30.3%
SPSETIA
RM 0.83
S P Setia Berhad
7D
0.6%
1Y
-39.0%

Is There Now An Opportunity In S P Setia Berhad (KLSE:SPSETIA)?

Oct 14
Is There Now An Opportunity In S P Setia Berhad (KLSE:SPSETIA)?
IOIPG
RM 2.08
IOI Properties Group Berhad
7D
-0.5%
1Y
-6.3%
CRESNDO
RM 1.26
Crescendo Corporation Berhad
7D
2.4%
1Y
7.7%

Earnings Troubles May Signal Larger Issues for Crescendo Corporation Berhad (KLSE:CRESNDO) Shareholders

Oct 06
Earnings Troubles May Signal Larger Issues for Crescendo Corporation Berhad (KLSE:CRESNDO) Shareholders
ECOWLD
RM 2.08
Eco World Development Group Berhad
7D
-1.0%
1Y
16.2%
RADIUM
RM 0.51
Radium Development Berhad
7D
2.0%
1Y
6.3%
OSK
RM 1.39
OSK Holdings Berhad
7D
-2.1%
1Y
32.8%
UOADEV
RM 1.83
UOA Development Bhd
7D
-1.1%
1Y
-1.6%

Concerns Surrounding UOA Development Bhd's (KLSE:UOADEV) Performance

Sep 02
Concerns Surrounding UOA Development Bhd's (KLSE:UOADEV) Performance
MAHSING
RM 1.04
Mah Sing Group Berhad
7D
1.0%
1Y
-38.5%