Have your own idea? Try our Stock Screener
Singaporean (SGX) Real Estate Industry Analysis
UpdatedApr 03, 2026
DataAggregated Company Financials
Companies52
- 7D0.2%
- 3M3.2%
- 1Y38.6%
- YTD3.1%
The Real Estate industry has stayed flat over the last week. As for the the longer term, the industry is up 39% over the past 12 months. Earnings are forecast to grow by 5.1% annually.
Industry Valuation and Performance
Has the Singaporean Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 Apr 2026 | S$74.3b | S$27.4b | S$3.9b | 14.9x | 19.2x | 2.7x |
| Sun, 01 Mar 2026 | S$83.4b | S$29.3b | S$1.5b | 18.8x | 56.2x | 2.8x |
| Tue, 27 Jan 2026 | S$81.2b | S$28.9b | S$1.9b | 19.1x | 42.8x | 2.8x |
| Thu, 25 Dec 2025 | S$72.2b | S$28.9b | S$1.9b | 17.6x | 38.2x | 2.5x |
| Sat, 22 Nov 2025 | S$68.3b | S$29.0b | S$1.9b | 17x | 35.4x | 2.4x |
| Mon, 20 Oct 2025 | S$67.4b | S$29.8b | S$1.9b | 16.8x | 34.8x | 2.3x |
| Wed, 17 Sep 2025 | S$69.8b | S$29.8b | S$1.9b | 16.3x | 36x | 2.3x |
| Fri, 15 Aug 2025 | S$66.2b | S$31.6b | S$1.5b | 16.4x | 43.8x | 2.1x |
| Sun, 13 Jul 2025 | S$63.3b | S$32.9b | S$702.5m | 14.8x | 90.1x | 1.9x |
| Tue, 10 Jun 2025 | S$58.7b | S$32.4b | S$643.1m | 15.8x | 91.3x | 1.8x |
| Thu, 08 May 2025 | S$56.0b | S$32.4b | S$520.9m | 14.1x | 107.5x | 1.7x |
| Sat, 05 Apr 2025 | S$54.5b | S$32.6b | S$519.4m | 14x | 104.9x | 1.7x |
| Mon, 03 Mar 2025 | S$54.4b | S$32.5b | S$1.2b | 14.5x | 46.7x | 1.7x |
| Wed, 29 Jan 2025 | S$53.6b | S$35.2b | S$1.0b | 14.2x | 53.2x | 1.5x |
| Fri, 27 Dec 2024 | S$54.8b | S$35.2b | S$723.4m | 13.9x | 75.7x | 1.6x |
| Sun, 24 Nov 2024 | S$56.6b | S$35.2b | S$689.6m | 12.9x | 82x | 1.6x |
| Tue, 22 Oct 2024 | S$56.4b | S$34.5b | S$472.5m | 12.7x | 119.4x | 1.6x |
| Thu, 19 Sep 2024 | S$54.7b | S$34.4b | S$392.4m | 12.4x | 139.4x | 1.6x |
| Sat, 17 Aug 2024 | S$50.3b | S$35.9b | S$621.5m | 10.3x | 80.9x | 1.4x |
| Mon, 15 Jul 2024 | S$52.5b | S$34.5b | S$1.4b | 11.7x | 38.3x | 1.5x |
| Wed, 12 Jun 2024 | S$51.4b | S$35.2b | S$1.4b | 12.6x | 36.9x | 1.5x |
| Fri, 10 May 2024 | S$51.6b | S$35.3b | S$1.5b | 14.4x | 35.4x | 1.5x |
| Sun, 07 Apr 2024 | S$52.7b | S$35.3b | S$1.5b | 13.9x | 35.9x | 1.5x |
| Tue, 05 Mar 2024 | S$52.2b | S$35.3b | S$1.6b | 13x | 33x | 1.5x |
| Thu, 01 Feb 2024 | S$55.8b | S$35.2b | S$2.3b | 16.1x | 24.6x | 1.6x |
| Sat, 30 Dec 2023 | S$58.9b | S$34.7b | S$2.2b | 17.4x | 26.4x | 1.7x |
| Mon, 27 Nov 2023 | S$57.4b | S$34.8b | S$2.2b | 15.3x | 25.5x | 1.6x |
| Wed, 25 Oct 2023 | S$56.6b | S$34.7b | S$3.1b | 16.2x | 18.5x | 1.6x |
| Fri, 22 Sep 2023 | S$58.8b | S$34.7b | S$3.1b | 15.5x | 19.2x | 1.7x |
| Sun, 20 Aug 2023 | S$59.2b | S$34.4b | S$3.4b | 16.1x | 17.3x | 1.7x |
| Tue, 18 Jul 2023 | S$62.8b | S$32.8b | S$6.2b | 9.9x | 10.2x | 1.9x |
| Thu, 15 Jun 2023 | S$63.3b | S$32.9b | S$6.1b | 9.7x | 10.3x | 1.9x |
| Sat, 13 May 2023 | S$65.9b | S$33.0b | S$6.2b | 8.9x | 10.7x | 2x |
| Mon, 10 Apr 2023 | S$67.2b | S$30.5b | S$6.5b | 9.3x | 10.3x | 2.2x |
Price to Earnings Ratio
10.3x
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 19.2x which is lower than its 3-year average PE of 49.6x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 16% per year over the last three years,
- Revenues have also declined 3.5% 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 Singaporean Real Estate industry?
| SG Market | 1.11% | |
| Real Estate | 0.49% | |
| Real Estate | 0.25% | |
| Real Estate Services | 2.41% | |
| Diversified Real Estate | 0.59% | |
| Real Estate Operating Companies | 0.13% | |
| Real Estate Development | -0.18% | |
Industry PE
- Investors are most optimistic about the Real Estate Services industry even though it's trading below its 3-year average PE ratio of 62.7x.
- Analysts are expecting annual earnings growth of 3.0%, which is lower than the prior year's growth of 128.5% per year.
- Investors are most pessimistic about the Real Estate Operating Companies industry, which is trading below its 3-year average of 181x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 7.3% over the next 5 years.
- This is better than its past earnings decline of 48% per year.
- In contrast, the Diversified Real Estate industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9CI CapitaLand Investment | S$2.74 | 2.2% +S$299.5m | 0.4% | PE94.3x | |
| U06 Singapore Land Group | S$3.55 | 2.0% +S$100.3m | 77.5% | PE18.7x | |
| U14 UOL Group | S$9.66 | 0.8% +S$67.7m | 66.3% | PE17x | |
| OYY PropNex | S$1.70 | 3.7% +S$44.4m | 51.8% | PE17.9x | |
| LJ3 OUE | S$1.12 | 4.7% +S$37.6m | 18.5% | PS1.4x |