Header cover image

Singaporean (SGX) Real Estate Sector Analysis

UpdatedApr 21, 2024
DataAggregated Company Financials
Companies93
  • 7D-4.6%
  • 3M-9.9%
  • 1Y-20.9%
  • YTD-13.5%

Over the last 7 days, the Real Estate industry has dropped 4.5%, driven by a pullback from CapitaLand Investment of 8.2%. Overall the industry is down 20% in 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Apr 2024S$134.0bS$48.0bS$4.3b15.1x31.4x2.8x
Tue, 19 Mar 2024S$138.6bS$47.8bS$4.5b14.4x30.7x2.9x
Thu, 15 Feb 2024S$143.4bS$46.0bS$5.7b15.9x25.4x3.1x
Sat, 13 Jan 2024S$157.2bS$47.7bS$6.7b15.2x23.6x3.3x
Mon, 11 Dec 2023S$153.5bS$47.8bS$6.7b15.2x23x3.2x
Wed, 08 Nov 2023S$149.1bS$47.7bS$7.4b14.4x20.1x3.1x
Fri, 06 Oct 2023S$152.3bS$47.7bS$8.3b14.5x18.5x3.2x
Sun, 03 Sep 2023S$157.2bS$47.5bS$8.2b15.4x19.2x3.3x
Tue, 01 Aug 2023S$164.5bS$45.3bS$11.5b14.2x14.3x3.6x
Thu, 29 Jun 2023S$160.5bS$45.4bS$12.4b12.5x13x3.5x
Sat, 27 May 2023S$164.2bS$45.5bS$12.4b12.7x13.3x3.6x
Mon, 24 Apr 2023S$171.4bS$45.2bS$12.9b12.9x13.3x3.8x
Wed, 22 Mar 2023S$76.2bS$34.3bS$6.9b9x11x2.2x
Fri, 17 Feb 2023S$171.1bS$44.8bS$14.3b10.6x11.9x3.8x
Sun, 15 Jan 2023S$170.0bS$44.1bS$15.4b9.8x11x3.9x
Tue, 13 Dec 2022S$166.3bS$44.2bS$15.5b10.3x10.8x3.8x
Thu, 10 Nov 2022S$159.6bS$44.2bS$15.5b10.1x10.3x3.6x
Sat, 08 Oct 2022S$168.1bS$44.2bS$15.3b10.4x11x3.8x
Mon, 05 Sep 2022S$179.7bS$44.4bS$15.4b11.2x11.7x4.1x
Wed, 03 Aug 2022S$186.0bS$43.6bS$13.2b13.1x14.1x4.3x
Fri, 01 Jul 2022S$179.4bS$43.5bS$12.2b13.3x14.7x4.1x
Sun, 29 May 2022S$180.0bS$43.7bS$12.5b12.4x14.4x4.1x
Tue, 26 Apr 2022S$186.8bS$43.7bS$11.9b13.3x15.6x4.3x
Thu, 24 Mar 2022S$169.7bS$43.0bS$10.7b13.3x15.9x3.9x
Sat, 19 Feb 2022S$182.9bS$41.2bS$5.6b16.3x32.9x4.4x
Mon, 17 Jan 2022S$181.6bS$39.9bS$2.7b17.4x66.7x4.5x
Wed, 15 Dec 2021S$182.1bS$39.9bS$2.6b17.5x69.2x4.6x
Fri, 12 Nov 2021S$206.1bS$44.7bS$1.1b19x185.2x4.6x
Sun, 10 Oct 2021S$200.6bS$44.4bS$96.2m19.4x2085.6x4.5x
Tue, 07 Sep 2021S$185.8bS$44.2b-S$121,086,658.0720.2x-1534.6x4.2x
Thu, 05 Aug 2021S$186.5bS$44.4b-S$695,048,611.8119.8x-268.3x4.2x
Sun, 09 May 2021S$184.7bS$42.3b-S$3,209,826,806.9420.8x-57.5x4.4x
Price to Earnings Ratio

-57.5x


Total Market Cap: S$184.7bTotal Earnings: -S$3,209,826,806.94Total Revenue: S$42.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Real Estate Sector Price to Earnings3Y Average -6.1x202220232024
Current Industry PE
  • Investors are optimistic on the Singaporean Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.6x which is higher than its 3-year average PE of -6.1x.
  • The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 4.3% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

SG Market-1.73%
Real Estate-4.58%
Residential REITs0%
Health Care REITs-1.99%
REITS-3.94%
Real Estate-3.94%
Retail REITs-4.10%
Specialized REITs-4.53%
Hotel and Resort REITs-4.74%
Office REITs-5.86%
Industrial REITs-6.17%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 0.54x.
    • Analysts are expecting annual earnings growth of 20.0%, which is higher than its past year's earnings decline of 40.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Specialized REITs industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 49% per year.
  • In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 6.1% 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
ADN First Sponsor GroupS$1.152.7%
+S$33.3m
-10.2%PE102x
OU8 CenturionS$0.465.7%
+S$21.0m
27.8%PE2.5x
A26 Sinarmas LandS$0.152.6%
+S$17.0m
-12.9%PE2.4x
F17 GuocoLandS$1.500.7%
+S$11.1m
-8.0%PE8.5x
5JK Hiap HoeS$0.692.2%
+S$7.1m
-9.9%PE58x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

5JK

S$0.69

Hiap Hoe

7D

2.2%

1Y

-9.9%

A26

S$0.15

Sinarmas Land

7D

2.6%

1Y

-12.9%

M44U

S$1.31

Mapletree Logistics Trust

7D

-9.7%

1Y

-26.4%

H78

US$2.83

Hongkong Land Holdings

7D

-5.4%

1Y

-35.8%

BUOU

S$0.97

Frasers Logistics & Commercial Trust

7D

-6.7%

1Y

-26.5%

A17U

S$2.56

CapitaLand Ascendas REIT

7D

-5.2%

1Y

-11.1%

C38U

S$1.88

CapitaLand Integrated Commercial Trust

7D

-2.1%

1Y

-6.9%

581

S$0.018

Sunrise Shares Holdings

7D

12.5%

1Y

-50.0%

ME8U

S$2.19

Mapletree Industrial Trust

7D

-5.2%

1Y

-8.4%

N2IU

S$1.21

Mapletree Pan Asia Commercial Trust

7D

-8.3%

1Y

-32.4%

B61

S$3.32

Bukit Sembawang Estates

7D

0.3%

1Y

-19.2%