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Singaporean (SGX) REITS Industry Analysis

UpdatedFeb 18, 2026
DataAggregated Company Financials
Companies5
  • 7D-2.4%
  • 3M2.7%
  • 1Y21.8%
  • YTD0.6%

Over the last 7 days, the REITS industry has dropped 1.5%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 21%. Earnings are forecast to grow by 1.7% annually.

Industry Valuation and Performance

Has the Singaporean REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Feb 2026S$33.1bS$3.6bS$1.9b19.7x17.8x9.2x
Fri, 16 Jan 2026S$33.3bS$3.6bS$1.6b18.1x20.6x9.4x
Sun, 14 Dec 2025S$32.3bS$3.6bS$1.6b16.8x20x9.1x
Tue, 11 Nov 2025S$32.2bS$3.6bS$1.6b16.4x19.9x9.1x
Thu, 09 Oct 2025S$32.3bS$3.6bS$1.5b15.7x21.4x9.1x
Sat, 06 Sep 2025S$31.1bS$3.6bS$1.5b16.3x20.6x8.7x
Mon, 04 Aug 2025S$28.7bS$3.6bS$1.5b17.2x19.8x8.1x
Wed, 02 Jul 2025S$12.5bS$2.0bS$659.6m25.7x18.9x6.2x
Fri, 30 May 2025S$11.8bS$2.0bS$658.8m25.8x18x5.9x
Sun, 27 Apr 2025S$12.1bS$2.0bS$659.6m24.5x18.4x6.1x
Tue, 25 Mar 2025S$12.5bS$2.0bS$521.5m24.8x23.9x6.2x
Thu, 20 Feb 2025S$12.1bS$2.0bS$459.5m22.2x26.2x6x
Sat, 18 Jan 2025S$12.4bS$2.0bS$817.5m13.8x15.2x6.3x
Mon, 16 Dec 2024S$6.0bS$1.0bS$359.4m13.3x16.7x5.8x
Wed, 13 Nov 2024S$5.8bS$1.0bS$359.4m12.9x16.3x5.7x
Fri, 11 Oct 2024S$6.4bS$1.0bS$359.4m14.3x17.7x6.2x
Sun, 08 Sep 2024S$6.2bS$1.0bS$359.4m13.8x17.1x6x
Tue, 06 Aug 2024S$5.7bS$1.0bS$309.8m12.9x18.4x5.5x
Thu, 04 Jul 2024S$5.3bS$1.0bS$290.9m12.8x18.4x5.3x
Sat, 01 Jun 2024S$5.4bS$1.0bS$290.9m12.8x18.6x5.3x
Mon, 29 Apr 2024S$5.5bS$1.0bS$293.1m12.9x18.6x5.4x
Wed, 27 Mar 2024S$5.4bS$1.0bS$531.5m7.6x10.1x5.3x
Fri, 23 Feb 2024S$5.6bS$1.0bS$402.2m19.7x13.9x5.5x
Sun, 21 Jan 2024S$9.9bS$1.5bS$569.8m18.7x17.4x6.7x
Tue, 19 Dec 2023S$10.1bS$1.5bS$569.8m19.1x17.8x6.8x
Thu, 16 Nov 2023S$9.7bS$1.5bS$507.8m12.7x19.1x6.5x
Sat, 14 Oct 2023S$9.5bS$1.5bS$507.8m12.7x18.7x6.3x
Mon, 11 Sep 2023S$9.8bS$1.5bS$507.8m13.6x19.3x6.6x
Wed, 09 Aug 2023S$10.3bS$1.5bS$576.5m18x17.9x6.9x
Fri, 07 Jul 2023S$10.5bS$1.5bS$792.6m15x13.3x6.9x
Sun, 04 Jun 2023S$10.7bS$1.5bS$792.6m15.4x13.5x7x
Tue, 02 May 2023S$10.8bS$1.5bS$792.6m15.1x13.6x7.1x
Thu, 30 Mar 2023S$10.9bS$1.5bS$792.6m15.1x13.7x7.2x
Sat, 25 Feb 2023S$102.0bS$12.3bS$6.7b14.7x15.3x8.3x
Price to Earnings Ratio

15.3x


Total Market Cap: S$102.0bTotal Earnings: S$6.7bTotal Revenue: S$12.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean REITS Industry Price to Earnings3Y Average 17.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the Singaporean 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 PE ratio of 17.9x.
  • The 3-year average PS ratio of 6.8x is lower than the industry's current PS ratio of 9.2x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 35% per year over the last three years,
  • Revenues have also declined 34% 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-0.34%
Real Estate-1.42%
REITS-2.37%
Hotel and Resort REITs0.35%
Healthcare REITs0.20%
Residential REITs0%0
Specialized REITs0%0
Retail REITs-0.89%
Office REITs-0.97%
Industrial REITs-1.98%
Diversified REITs-2.37%
Industry PE
  • Investors are most optimistic about the Office REITs industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings decline of 6.7%, which is lower than the prior year's growth of 250.2% per year.
  • Investors are most pessimistic about the Diversified REITs industry, which is trading close to its 3-year average of 17.9x.
Forecasted Growth
  • Analysts are most optimistic on the Retail REITs industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings growth rate of 2.6% per year.
  • In contrast, the Healthcare REITs industry is expected to see its earnings decline by 9.3% 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
No data available