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Singaporean (SGX) Real Estate Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies55
  • 7D-3.9%
  • 3M-9.3%
  • 1Y-26.5%
  • YTD-13.5%

Over the last 7 days, the Real Estate industry has dropped 3.9%, driven by CapitaLand Investment declining 3.0%. The industry has fallen 26% in the last year. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Apr 2024S$49.9bS$35.4bS$1.5b14.7x34.1x1.4x
Thu, 21 Mar 2024S$51.9bS$35.2bS$1.5b13.9x35.6x1.5x
Sat, 17 Feb 2024S$54.9bS$33.5bS$2.3b11.7x24.1x1.6x
Mon, 15 Jan 2024S$57.4bS$34.7bS$2.2b16.1x25.8x1.7x
Wed, 13 Dec 2023S$56.6bS$34.7bS$2.2b17.1x25.2x1.6x
Fri, 10 Nov 2023S$56.6bS$34.9bS$3.1b15.1x18.4x1.6x
Sun, 08 Oct 2023S$58.6bS$34.7bS$3.1b16.6x19.2x1.7x
Tue, 05 Sep 2023S$59.6bS$34.6bS$3.0b16x19.6x1.7x
Thu, 03 Aug 2023S$62.5bS$32.6bS$5.4b12.8x11.5x1.9x
Sat, 01 Jul 2023S$61.8bS$32.9bS$6.2b9.9x10x1.9x
Mon, 29 May 2023S$64.4bS$33.0bS$6.1b9.1x10.5x2x
Wed, 26 Apr 2023S$67.9bS$32.7bS$6.1b9x11.1x2.1x
Fri, 24 Mar 2023S$65.2bS$32.8bS$6.1b9x10.6x2x
Sun, 19 Feb 2023S$69.5bS$32.4bS$7.5b8.6x9.3x2.1x
Tue, 17 Jan 2023S$69.6bS$32.5bS$7.5b7.7x9.3x2.1x
Thu, 15 Dec 2022S$68.7bS$32.4bS$7.5b8.9x9.2x2.1x
Sat, 12 Nov 2022S$66.3bS$32.5bS$7.3b8.8x9x2x
Mon, 10 Oct 2022S$67.2bS$32.7bS$7.4b9x9.1x2.1x
Wed, 07 Sep 2022S$71.3bS$32.8bS$7.4b9.5x9.6x2.2x
Fri, 05 Aug 2022S$74.0bS$32.3bS$5.5b11.6x13.4x2.3x
Sun, 03 Jul 2022S$72.5bS$32.5bS$4.4b11.1x16.5x2.2x
Tue, 31 May 2022S$72.6bS$32.3bS$4.3b10.7x16.9x2.2x
Thu, 28 Apr 2022S$74.6bS$32.6bS$4.5b10.4x16.6x2.3x
Sat, 26 Mar 2022S$74.9bS$33.3bS$4.5b10.9x16.7x2.3x
Mon, 21 Feb 2022S$75.2bS$30.3b-S$1,391,612,434.0012.5x-54.1x2.5x
Wed, 19 Jan 2022S$74.2bS$29.7b-S$1,447,792,485.0012.6x-51.2x2.5x
Fri, 17 Dec 2021S$72.6bS$29.7b-S$1,538,412,138.0012.3x-47.2x2.4x
Sun, 14 Nov 2021S$96.8bS$35.3b-S$1,650,221,158.0012.7x-58.7x2.7x
Tue, 12 Oct 2021S$94.5bS$34.5b-S$2,304,227,152.0013.8x-41x2.7x
Thu, 09 Sep 2021S$76.2bS$34.3b-S$2,306,950,911.9312.8x-33x2.2x
Sat, 07 Aug 2021S$76.6bS$34.5b-S$2,372,779,048.6712.8x-32.3x2.2x
Fri, 30 Apr 2021S$77.6bS$32.8b-S$3,906,392,827.0012.5x-19.9x2.4x
Price to Earnings Ratio

-19.9x


Total Market Cap: S$77.6bTotal Earnings: -S$3,906,392,827.00Total Revenue: S$32.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Real Estate Industry Price to Earnings3Y Average 0.6x202220232024
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 34.1x which is higher than its 3-year average PE of 0.63x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.4x.
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 2.5% 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 industry?

SG Market-1.73%
Real Estate-4.58%
Real Estate-3.94%
Diversified Real Estate-1.23%
Real Estate Services-1.51%
Real Estate Development-1.81%
Real Estate Operating Companies-6.67%
Industry PE
  • Investors are most optimistic about the Real Estate Services industry which is trading above its 3-year average PE ratio of 13.5x.
    • Analysts are expecting annual earnings growth of 5.6%, which is higher than its past year's earnings decline of 39.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Diversified Real Estate industry is expected to see its earnings decline by 8.3% 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
C09 City DevelopmentsS$5.903.5%
+S$171.0m
-20.9%PE17.4x
TQ5 Frasers PropertyS$0.811.3%
+S$39.3m
-9.5%PE25.8x
OU8 CenturionS$0.4810.2%
+S$37.8m
34.7%PE2.7x
ADN First Sponsor GroupS$1.152.7%
+S$33.3m
-10.2%PE102x
U06 Singapore Land GroupS$1.810.6%
+S$14.3m
-18.1%PE9.6x
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Latest News

A26

S$0.15

Sinarmas Land

7D

2.0%

1Y

-13.5%

Z25

S$0.40

Yanlord Land Group

7D

-8.0%

1Y

-53.8%

H78

US$2.92

Hongkong Land Holdings

7D

-1.0%

1Y

-33.8%

TQ5

S$0.81

Frasers Property

7D

1.3%

1Y

-9.5%

PPC

S$0.19

ProsperCap

7D

2.7%

1Y

n/a

LJ3

S$1.06

OUE

7D

-3.6%

1Y

-11.7%

B61

S$3.32

Bukit Sembawang Estates

7D

1.2%

1Y

-18.8%