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Singaporean (SGX) Retail REITs Industry Analysis

UpdatedAug 04, 2026
DataAggregated Company Financials
Companies8
  • 7D0.07%
  • 3M-0.4%
  • 1Y-1.8%
  • YTDn/a

Over the last 7 days, the Retail REITs industry has remained flat, although notably Landmark REIT gained 17%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 04 Aug 2026S$10.5bS$1.7bS$472.2m17.8x22.2x6.3x
Thu, 02 Jul 2026S$10.4bS$1.7bS$512.9m14.3x20.2x6.2x
Sat, 30 May 2026S$10.4bS$1.7bS$512.9m14.3x20.3x6.2x
Mon, 27 Apr 2026S$10.6bS$1.7bS$518.4m14.3x20.4x6.4x
Wed, 25 Mar 2026S$9.9bS$1.6bS$491.0m13.8x20.1x6.1x
Fri, 20 Feb 2026S$10.6bS$1.6bS$531.4m13x19.9x6.5x
Sun, 18 Jan 2026S$10.7bS$1.6bS$515.9m13.7x20.8x6.6x
Tue, 16 Dec 2025S$10.6bS$1.6bS$515.9m13.5x20.6x6.5x
Thu, 13 Nov 2025S$10.4bS$1.6bS$515.9m13.6x20.2x6.4x
Sat, 11 Oct 2025S$10.6bS$1.6bS$465.1m18x22.7x6.7x
Mon, 08 Sep 2025S$10.5bS$1.6bS$465.1m20.4x22.5x6.6x
Wed, 06 Aug 2025S$10.0bS$1.6bS$478.9m19.8x20.8x6.3x
Fri, 04 Jul 2025S$9.8bS$1.6bS$351.7m17.8x27.8x6.1x
Sun, 01 Jun 2025S$24.7bS$3.2bS$1.3b16.9x19.2x7.7x
Tue, 29 Apr 2025S$27.9bS$3.5bS$1.6b17x17.6x8x
Thu, 27 Mar 2025S$27.2bS$3.5bS$1.6b16.5x17.1x7.8x
Sat, 22 Feb 2025S$25.8bS$3.5bS$1.4b15.2x17.8x7.4x
Mon, 20 Jan 2025S$25.9bS$3.5bS$1.3b17.7x19.4x7.4x
Wed, 18 Dec 2024S$32.0bS$4.4bS$1.8b16.8x17.9x7.2x
Fri, 15 Nov 2024S$32.5bS$4.4bS$1.8b17.1x18.2x7.3x
Sun, 13 Oct 2024S$35.0bS$4.5bS$1.9b18.1x18.3x7.8x
Tue, 10 Sep 2024S$33.8bS$4.5bS$1.9b16.9x17.7x7.6x
Thu, 08 Aug 2024S$32.0bS$4.5bS$2.0b16.2x16x7.2x
Sat, 06 Jul 2024S$31.2bS$4.5bS$1.9b15.6x16.1x7x
Mon, 03 Jun 2024S$31.0bS$4.5bS$1.7b15.3x18.6x6.8x
Wed, 01 May 2024S$31.1bS$4.5bS$1.7b15.3x18.7x6.8x
Fri, 29 Mar 2024S$31.6bS$4.5bS$1.4b17.4x21.8x7x
Sun, 25 Feb 2024S$31.9bS$4.5bS$1.6b16.3x19.9x7x
Tue, 23 Jan 2024S$32.6bS$4.5bS$1.5b15.4x21.5x7.3x
Thu, 21 Dec 2023S$32.8bS$4.5bS$1.5b16.1x21.6x7.3x
Sat, 18 Nov 2023S$31.1bS$4.5bS$1.5b14.8x20.5x6.9x
Mon, 16 Oct 2023S$30.6bS$4.4bS$1.7b14.2x18.3x6.9x
Wed, 13 Sep 2023S$32.2bS$4.4bS$1.7b15.3x19.3x7.3x
Fri, 11 Aug 2023S$33.7bS$4.5bS$1.8b16.3x18.3x7.6x
Price to Earnings Ratio

18.3x


Total Market Cap: S$33.7bTotal Earnings: S$1.8bTotal Revenue: S$4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Retail REITs Industry Price to Earnings3Y Average 19.8x202420252026
Current Industry PE
  • Investors are optimistic on the Singaporean Retail REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.2x which is higher than its 3-year average PE of 19.8x.
  • The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 6.3x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 36% per year over the last three years,
  • Revenues have also declined 28% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Singaporean Retail REITs compare with similar industries?

SG Market0.074%
Real Estate0.92%
REITS0.46%
Retail REITs0.066%
Office REITs2.16%
Industrial REITs1.55%
Diversified REITs0.46%
Residential REITs0%0
Specialized REITs0%0
Healthcare REITs0%0
Hotel and Resort REITs-1.41%
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
D5IU Landmark REITS$0.00716.7%
+S$17.0m
-58.8%PB0.2x
P40U Starhill Global Real Estate Investment TrustS$0.560.9%
+S$11.6m
0.9%PB0.7x
AU8U CapitaLand China TrustS$0.660.8%
+S$8.8m
-13.2%PB0.6x
ODBU United Hampshire US Real Estate Investment TrustUS$0.531.0%
+US$3.0m
11.7%PB0.7x
BMGU BHG Retail REITS$0.451.1%
+S$2.6m
3.5%PB0.7x

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