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Singaporean (SGX) Real Estate Development Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies34
  • 7D-1.8%
  • 3M-5.2%
  • 1Y-17.5%
  • YTDn/a

Over the last 7 days, the Real Estate Development industry has dropped 1.8%, driven by a pullback from Frasers Property of 3.7%. The industry has fallen 18% in the last year. Earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Apr 2024S$13.4bS$19.0b-S$38,281,784.9725x-348.8x0.7x
Wed, 20 Mar 2024S$13.3bS$19.0b-S$34,556,954.7023.2x-384.8x0.7x
Fri, 16 Feb 2024S$13.6bS$17.0bS$491.9m17.1x27.6x0.8x
Sun, 14 Jan 2024S$14.9bS$18.1bS$501.5m19x29.7x0.8x
Tue, 12 Dec 2023S$14.4bS$18.2bS$523.6m18.9x27.5x0.8x
Thu, 09 Nov 2023S$14.5bS$18.1bS$1.3b18.9x11x0.8x
Sat, 07 Oct 2023S$15.1bS$18.1bS$1.3b19x11.4x0.8x
Mon, 04 Sep 2023S$14.7bS$18.1bS$1.3b18.2x11.1x0.8x
Wed, 02 Aug 2023S$15.7bS$17.2bS$2.1b14.4x7.4x0.9x
Fri, 30 Jun 2023S$15.7bS$17.2bS$2.2b8.5x7.1x0.9x
Sun, 28 May 2023S$16.0bS$17.3bS$2.2b8.5x7.2x0.9x
Tue, 25 Apr 2023S$16.4bS$17.1bS$2.2b8.8x7.6x1x
Thu, 23 Mar 2023S$16.3bS$17.1bS$2.2b8.5x7.5x1x
Sat, 18 Feb 2023S$17.1bS$17.8bS$2.6b6.2x6.5x1x
Mon, 16 Jan 2023S$17.0bS$17.7bS$2.6b6.4x6.5x1x
Wed, 14 Dec 2022S$17.0bS$17.7bS$2.6b8.9x6.6x1x
Fri, 11 Nov 2022S$16.2bS$17.7bS$2.4b8.1x6.7x0.9x
Sun, 09 Oct 2022S$17.4bS$18.0bS$2.5b8.2x7.1x1x
Tue, 06 Sep 2022S$18.4bS$18.0bS$2.5b8.6x7.4x1x
Thu, 04 Aug 2022S$18.4bS$18.7bS$2.1b8.5x8.8x1x
Sat, 02 Jul 2022S$18.4bS$18.8bS$2.1b9.1x8.8x1x
Mon, 30 May 2022S$18.6bS$18.7bS$2.1b8.3x8.9x1x
Wed, 27 Apr 2022S$19.3bS$19.0bS$2.3b7.7x8.4x1x
Fri, 25 Mar 2022S$20.3bS$19.7bS$2.3b8x8.9x1x
Sun, 20 Feb 2022S$20.3bS$18.2bS$2.2b10.2x9.1x1.1x
Tue, 18 Jan 2022S$20.5bS$17.7bS$2.3b10.9x9.1x1.2x
Thu, 16 Dec 2021S$20.5bS$17.8bS$2.2b9.5x9.5x1.2x
Sat, 13 Nov 2021S$21.9bS$17.3bS$1.6b11.7x13.7x1.3x
Mon, 11 Oct 2021S$21.6bS$17.3bS$1.6b11.6x13.4x1.3x
Wed, 08 Sep 2021S$21.8bS$17.2bS$1.6b12.1x13.8x1.3x
Fri, 06 Aug 2021S$22.1bS$17.3bS$1.5b11.8x14.6x1.3x
Mon, 10 May 2021S$22.6bS$16.4bS$1.1b11.2x19.7x1.4x
Price to Earnings Ratio

19.7x


Total Market Cap: S$22.6bTotal Earnings: S$1.1bTotal Revenue: S$16.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Real Estate Development Industry Price to Earnings3Y Average -5.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Singaporean Real Estate Development industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.70x.
Past Earnings Growth
  • Total earnings for the Real Estate Development industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 5.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Singaporean Real Estate Development compare with similar industries?

SG Market-1.73%
Real Estate-4.58%
Real Estate-3.94%
Real Estate Development-1.81%
Diversified Real Estate-1.23%
Real Estate Services-1.51%
Real Estate Operating Companies-6.67%
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
ADN First Sponsor GroupS$1.152.7%
+S$33.3m		-10.2%PE102x
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
B61 Bukit Sembawang EstatesS$3.320.3%
+S$2.6m		-19.2%PE18.3x
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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%

Z25

S$0.40

Yanlord Land Group

7D

-10.1%

1Y

-53.8%

40V

S$0.023

Alset International

7D

-11.5%

1Y

15.0%

T24

S$0.24

Tuan Sing Holdings

7D

-2.0%

1Y

-27.9%

Tuan Sing Holdings' (SGX:T24) Profits Appear To Have Quality Issues

Apr 10
Tuan Sing Holdings' (SGX:T24) Profits Appear To Have Quality Issues

TQ5

S$0.79

Frasers Property

7D

-3.7%

1Y

-11.2%

ADN

S$1.15

First Sponsor Group

7D

2.7%

1Y

-10.2%

First Sponsor Group's (SGX:ADN) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 09
First Sponsor Group's (SGX:ADN) Sluggish Earnings Might Be Just The Beginning Of Its Problems

H13

S$1.93

Ho Bee Land

7D

-3.0%

1Y

-12.7%

Ho Bee Land's (SGX:H13) Dividend Will Be Reduced To SGD0.03

Apr 08
Ho Bee Land's (SGX:H13) Dividend Will Be Reduced To SGD0.03

5AE

S$0.025

Pollux Properties

7D

-16.7%

1Y

-47.9%

F17

S$1.50

GuocoLand

7D

0.7%

1Y

-8.0%

We Think GuocoLand (SGX:F17) Is Taking Some Risk With Its Debt

Mar 26
We Think GuocoLand (SGX:F17) Is Taking Some Risk With Its Debt

Z59

S$0.039

Yoma Strategic Holdings

7D

-9.3%

1Y

-61.8%

Yoma Strategic Holdings (SGX:Z59) Has A Somewhat Strained Balance Sheet

Mar 12
Yoma Strategic Holdings (SGX:Z59) Has A Somewhat Strained Balance Sheet

C33

S$0.17

Chuan Hup Holdings

7D

0.6%

1Y

-12.5%

Concerns Surrounding Chuan Hup Holdings' (SGX:C33) Performance

Feb 11
Concerns Surrounding Chuan Hup Holdings' (SGX:C33) Performance

W05

S$1.45

Wing Tai Holdings

7D

-1.4%

1Y

-4.6%

B61

S$3.32

Bukit Sembawang Estates

7D

0.3%

1Y

-19.2%