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Singaporean (SGX) Real Estate Sector Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies97
  • 7D-1.0%
  • 3M-9.1%
  • 1Y-13.1%
  • YTD-12.3%

In the last week, the Real Estate industry is flat overall, with Mapletree Logistics Trust standing out by going down 4.2%. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are expected to remain mostly flat in the next few years.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022S$165.8bS$44.1bS$15.5b10.2x10.7x3.8x
Wed, 26 Oct 2022S$153.7bS$44.1bS$15.3b9.3x10.1x3.5x
Fri, 23 Sep 2022S$178.3bS$44.2bS$15.3b10.8x11.7x4x
Sun, 21 Aug 2022S$185.8bS$44.4bS$15.2b11.9x12.2x4.2x
Tue, 19 Jul 2022S$177.0bS$43.4bS$12.2b12.9x14.5x4.1x
Thu, 16 Jun 2022S$176.2bS$43.4bS$12.2b13x14.4x4.1x
Sat, 14 May 2022S$179.4bS$43.6bS$12.4b12.4x14.4x4.1x
Mon, 11 Apr 2022S$187.8bS$43.9bS$11.8b13.3x15.9x4.3x
Wed, 09 Mar 2022S$165.0bS$43.1bS$10.7b12.7x15.4x3.8x
Fri, 04 Feb 2022S$179.1bS$40.7bS$4.5b16.2x40x4.4x
Sun, 02 Jan 2022S$182.7bS$39.9bS$2.7b17.5x67.3x4.6x
Tue, 30 Nov 2021S$181.0bS$37.9bS$3.1b17.5x57.8x4.8x
Thu, 28 Oct 2021S$205.8bS$44.5bS$429.5m18.6x479.1x4.6x
Sat, 25 Sep 2021S$201.0bS$44.3b-S$146,822,904.0019.6x-1368.9x4.5x
Mon, 23 Aug 2021S$183.6bS$44.4b-S$695,048,611.8119.7x-264.2x4.1x
Sat, 10 Jul 2021S$182.7bS$44.4b-S$695,048,611.8119x-262.9x4.1x
Fri, 02 Apr 2021S$180.7bS$42.3b-S$3,209,826,806.9420x-56.3x4.3x
Mon, 04 Jan 2021S$172.3bS$40.3b-S$5,422,028,900.9820.1x-31.8x4.3x
Thu, 08 Oct 2020S$153.7bS$42.2b-S$74,802,043.3317x-2054.4x3.6x
Wed, 01 Jul 2020S$154.0bS$41.9bS$5.1b15x30.5x3.7x
Sat, 04 Apr 2020S$136.2bS$42.9bS$10.1b11.1x13.4x3.2x
Tue, 07 Jan 2020S$183.1bS$43.5bS$13.9b14.2x13.1x4.2x
Price to Earnings Ratio

13x


Total Market Cap: S$177.7bTotal Earnings: S$13.7bTotal Revenue: S$40.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Real Estate Sector Price to Earnings3Y Average -188.8x202020212022
Current Industry PE
  • Investors are pessimistic on the Singaporean Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.7x which is higher than its 3-year average PE of -189x.
  • The industry is trading close to its 3-year average PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 4.2% per year over the last three years.
  • Revenues for these companies have grown 2.7% 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 Singaporean Real Estate sector?

SG Market-0.57%
Real Estate-0.96%
Real Estate-0.10%
REITS-1.54%
Industry PE
  • Investors are most optimistic about the REITS industry even though it's trading below its 3-year average PE ratio of 87.5x.
    • Analysts are expecting annual earnings growth of 1.3%, which is lower than the prior year's growth of 58.0% per year.
  • Investors are most pessimistic about the Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the REITS industry, expecting annual earnings growth of 1.3% over the next 5 years.
  • In contrast, the Real Estate industry is expected to see its earnings decline by 2.9% 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
H78 Hongkong Land HoldingsUS$4.021.3%
+US$107.2m
-27.2%PB0.3x
JYEU Lendlease Global Commercial REITS$0.733.5%
+S$57.2m
-17.4%PB0.8x
9CI CapitaLand InvestmentS$3.630.3%
+S$51.1m
8.0%PB1.2x
J69U Frasers Centrepoint TrustS$2.061.5%
+S$51.1m
-12.0%PB0.9x
Q5T Far East Hospitality TrustS$0.623.3%
+S$39.7m
2.5%PB0.7x
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Latest News

U14

S$6.50

UOL Group

7D

-1.7%

1Y

-6.3%

M44U

S$1.58

Mapletree Logistics Trust

7D

-4.2%

1Y

-17.7%

H78

US$4.02

Hongkong Land Holdings

7D

1.3%

1Y

-27.2%

DCRU

US$0.60

Digital Core REIT

7D

2.6%

1Y

n/a

C2PU

S$3.88

Parkway Life Real Estate Investment Trust

7D

-4.4%

1Y

-22.4%

9CI

S$3.63

CapitaLand Investment

7D

0.3%

1Y

8.0%

J69U

S$2.06

Frasers Centrepoint Trust

7D

1.5%

1Y

-12.0%

A17U

S$2.71

CapitaLand Ascendas REIT

7D

-1.5%

1Y

-10.3%

N2IU

S$1.70

Mapletree Pan Asia Commercial Trust

7D

-2.9%

1Y

-19.8%

K71U

S$0.88

Keppel REIT

7D

-3.3%

1Y

-23.2%

JYEU

S$0.73

Lendlease Global Commercial REIT

7D

3.5%

1Y

-17.4%

LJ3

S$1.30

OUE

7D

3.2%

1Y

-3.0%

Q5T

S$0.62

Far East Hospitality Trust

7D

3.3%

1Y

2.5%