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Singaporean (SGX) Office REITs Industry Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies6
  • 7D-0.8%
  • 3M4.8%
  • 1Y9.8%
  • YTD0.7%

Over the last 7 days, the Office REITs industry has remained flat, although notably Keppel Pacific Oak US REIT declined by 8.9%. As for the the longer term, the industry is up 9.8% over the past 12 months. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

Has the Singaporean Office REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Jul 2025S$4.6bS$978.9m-S$44,491,849.2928.2x-103.5x4.7x
Tue, 03 Jun 2025S$4.4bS$976.6m-S$44,748,521.7726.7x-98.2x4.5x
Thu, 01 May 2025S$4.3bS$977.9m-S$44,610,138.8724x-96.6x4.4x
Sat, 29 Mar 2025S$4.4bS$974.9m-S$44,941,298.4425.6x-97.7x4.5x
Mon, 24 Feb 2025S$4.2bS$968.0m-S$179,864,978.6225.7x-23.4x4.4x
Wed, 22 Jan 2025S$4.6bS$994.5m-S$338,689,539.7527.5x-13.7x4.7x
Fri, 20 Dec 2024S$4.4bS$994.9m-S$339,088,261.7226.4x-13x4.4x
Sun, 17 Nov 2024S$4.5bS$994.9m-S$339,157,293.7427.2x-13.2x4.5x
Tue, 15 Oct 2024S$4.9bS$995.9m-S$340,282,355.8429.4x-14.4x4.9x
Thu, 12 Sep 2024S$4.8bS$996.7m-S$341,305,318.8228.7x-14x4.8x
Sat, 10 Aug 2024S$4.3bS$991.3m-S$353,213,116.0925.9x-12.2x4.3x
Mon, 08 Jul 2024S$4.1bS$995.6m-S$571,070,355.7519.1x-7.3x4.2x
Wed, 05 Jun 2024S$4.3bS$995.8m-S$571,343,809.3219.3x-7.4x4.3x
Fri, 03 May 2024S$4.4bS$995.1m-S$570,172,269.8619.9x-7.6x4.4x
Sun, 31 Mar 2024S$4.4bS$995.2m-S$570,411,236.4519.6x-7.7x4.4x
Tue, 27 Feb 2024S$4.4bS$891.6m-S$570,695,466.2919.8x-7.7x4.9x
Thu, 25 Jan 2024S$4.9bS$960.4m-S$267,832,545.0012x-18.3x5.1x
Sat, 23 Dec 2023S$4.9bS$960.5m-S$267,848,492.0012.3x-18.4x5.1x
Mon, 20 Nov 2023S$4.5bS$960.8m-S$268,075,184.0010.6x-16.7x4.7x
Wed, 18 Oct 2023S$4.2bS$959.3m-S$267,162,853.009.1x-15.7x4.4x
Fri, 15 Sep 2023S$4.4bS$960.6m-S$267,914,766.009.7x-16.6x4.6x
Sun, 13 Aug 2023S$4.7bS$962.7mS$41.7m10.9x112.8x4.9x
Tue, 11 Jul 2023S$4.9bS$961.7mS$332.8m8.3x14.7x5.1x
Thu, 08 Jun 2023S$4.8bS$959.6mS$331.5m8x14.5x5x
Sat, 06 May 2023S$5.0bS$960.7mS$332.1m8.2x15.2x5.2x
Mon, 03 Apr 2023S$5.2bS$959.6mS$331.5m8.2x15.8x5.5x
Price to Earnings Ratio

15.8x


Total Market Cap: S$5.2bTotal Earnings: S$331.5mTotal Revenue: S$959.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Office REITs Industry Price to Earnings3Y Average -20.1x20242025
Current Industry PE
  • Investors are relatively neutral on the Singaporean Office 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 PS ratio of 4.7x.
Past Earnings Growth
  • Total earnings for the Office REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

SG Market1.45%
Real Estate2.23%
Office REITs-0.78%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
No data available

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