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Malaysian (KLSE) REITS Industry Analysis

UpdatedDec 30, 2025
DataAggregated Company Financials
Companies5
  • 7D0.5%
  • 3M0.8%
  • 1Y9.6%
  • YTD9.1%

In the last week, REITS has been flat. The past year has been better, since the industry has gained 9.6% in that time. As for the next few years, earnings are forecast to decline by 1.4% per annum.

Industry Valuation and Performance

Has the Malaysian REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 31 Dec 2025RM 21.8bRM 2.5bRM 1.4b17.8x15.8x8.7x
Fri, 28 Nov 2025RM 22.6bRM 2.5bRM 1.4b17.6x16.4x9.1x
Sun, 26 Oct 2025RM 22.2bRM 2.5bRM 1.4b18.1x16.1x8.9x
Tue, 23 Sep 2025RM 21.5bRM 2.5bRM 1.4b18.4x15.9x8.7x
Thu, 21 Aug 2025RM 21.6bRM 2.5bRM 1.3b18.4x16.1x8.8x
Sat, 19 Jul 2025RM 21.6bRM 2.4bRM 1.3b21.3x16.4x8.9x
Mon, 16 Jun 2025RM 23.6bRM 2.4bRM 1.3b20.1x17.9x9.7x
Wed, 14 May 2025RM 21.7bRM 2.4bRM 1.3b19.6x16.7x8.9x
Fri, 11 Apr 2025RM 20.7bRM 2.4bRM 1.3b20x15.9x8.5x
Sun, 09 Mar 2025RM 21.0bRM 2.4bRM 1.3b20.7x16.1x8.6x
Tue, 04 Feb 2025RM 20.1bRM 2.4bRM 1.3b17.2x15.9x8.4x
Thu, 02 Jan 2025RM 20.0bRM 2.4bRM 1.3b15.2x15.5x8.4x
Sat, 30 Nov 2024RM 19.2bRM 2.4bRM 1.3b14.9x14.9x8x
Mon, 28 Oct 2024RM 19.2bRM 2.4bRM 1.3b15.2x15.1x8.2x
Wed, 25 Sep 2024RM 19.2bRM 2.4bRM 1.3b15.1x15.1x8.2x
Fri, 23 Aug 2024RM 18.9bRM 2.3bRM 1.3b15x14.9x8.1x
Sun, 21 Jul 2024RM 18.5bRM 2.3bRM 1.3b14.6x14.7x8x
Tue, 18 Jun 2024RM 18.4bRM 2.3bRM 1.3b14.5x14.6x7.9x
Thu, 16 May 2024RM 18.5bRM 2.3bRM 1.3b14.6x14.7x8x
Sat, 13 Apr 2024RM 18.3bRM 2.3bRM 1.2b14.8x14.8x8x
Mon, 11 Mar 2024RM 17.9bRM 2.3bRM 1.2b14.3x14.4x7.8x
Wed, 07 Feb 2024RM 18.0bRM 2.2bRM 1.2b16x15.3x8x
Fri, 05 Jan 2024RM 17.8bRM 2.2bRM 1.1b18.3x15.9x7.9x
Sun, 03 Dec 2023RM 17.5bRM 2.2bRM 1.1b18.4x15.6x7.8x
Tue, 31 Oct 2023RM 17.2bRM 2.2bRM 1.1b18.3x15.4x7.8x
Thu, 28 Sep 2023RM 17.0bRM 2.2bRM 1.1b18.9x15.2x7.7x
Sat, 26 Aug 2023RM 17.1bRM 2.2bRM 1.1b18.6x15.3x7.8x
Mon, 24 Jul 2023RM 17.1bRM 2.2bRM 1.1b17.4x15.2x7.9x
Wed, 21 Jun 2023RM 17.5bRM 2.2bRM 1.1b17.8x15.6x8.1x
Fri, 19 May 2023RM 17.5bRM 2.1bRM 1.1b17.3x15.9x8.3x
Sun, 16 Apr 2023RM 17.7bRM 2.1bRM 1.1b17.5x15.9x8.5x
Tue, 14 Mar 2023RM 40.8bRM 5.4bRM 2.8b17.2x14.8x7.6x
Thu, 09 Feb 2023RM 42.1bRM 5.3bRM 2.6b17.7x16.1x7.9x
Sat, 07 Jan 2023RM 39.1bRM 5.1bRM 2.1b18.5x18.5x7.6x
Price to Earnings Ratio

18.5x


Total Market Cap: RM 39.1bTotal Earnings: RM 2.1bTotal Revenue: RM 5.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian REITS Industry Price to Earnings3Y Average 15.6x20242025
Current Industry PE
  • Investors are relatively neutral on the Malaysian REITs 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 15.6x.
  • The industry is trading close to its 3-year average PS ratio of 8.2x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 13% per year over the last three years,
  • Revenues have also declined 21% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

MY Market0.34%
Real Estate-0.24%
REITS0.52%
Retail REITs1.06%
Hotel and Resort REITs0.90%
Diversified REITs0.52%
Industrial REITs0%0
Healthcare REITs0%0
Office REITs-0.68%
Industry PE
  • Investors are most optimistic about the Healthcare REITs industry, which is trading close to its 3-year average PE ratio of 18.0x.
    • Analysts are expecting annual earnings growth of 9.5%, which is higher than its past year's earnings decline of 1.7% per year.
  • Investors are most pessimistic about the Office REITs industry, which is trading below its 3-year average of 15.1x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare REITs industry, expecting annual earnings growth of 9.5% over the next 5 years.
  • This is better than its past earnings decline of 1.7% per year.
  • In contrast, the Industrial REITs industry is expected to see its earnings decline by 8.0% 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
ALSREIT Al-Salam Real Estate Investment TrustRM 0.472.2%
+RM 5.8m		25.3%PB0.4x

Latest News

KLCC
RM 8.76
KLCC Property Holdings Berhad
7D
-0.5%
1Y
7.5%

KLCC: Future Returns Will Depend On Steady Occupancy And Dividend Income

Analysts have trimmed their price target on KLCC Property Holdings Berhad slightly, reflecting only marginal tweaks to underlying assumptions as they cite a more balanced risk reward profile, despite largely unchanged views on fair value, revenue growth, and profitability. Analyst Commentary Bullish analysts acknowledge that the modest reduction in the price target for KLCC Property Holdings Berhad still implies a reasonable upside, suggesting that the stock remains fairly valued relative to its stable cash flow profile and defensive asset base.
ALSREIT
RM 0.47
Al-Salam Real Estate Investment Trust
7D
2.2%
1Y
25.3%
AXREIT
RM 1.93
Axis Real Estate Investment Trust
7D
-1.0%
1Y
11.6%
IGBCR
RM 0.63
IGB Commercial Real Estate Investment Trust
7D
-0.8%
1Y
11.5%