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Singaporean (SGX) Retail REITs Industry Analysis

UpdatedJun 18, 2025
DataAggregated Company Financials
Companies10
  • 7D2.7%
  • 3M2.3%
  • 1Y6.6%
  • YTDn/a

The Retail REITs industry is up 1.8% in the last week, with CapitaLand Integrated Commercial Trust up 0.9%. Meanwhile, Dasin Retail Trust actually underperformed within the industry, shrinking 19% in the last week. In the last 12 months, the industry was up 5.1%. Looking forward, earnings are forecast to grow by 5.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Jun 2025S$25.3bS$3.2bS$1.3b17.3x19.7x7.9x
Fri, 16 May 2025S$27.1bS$3.5bS$1.6b16.1x17x7.8x
Sun, 13 Apr 2025S$26.4bS$3.5bS$1.6b16x16.6x7.6x
Tue, 11 Mar 2025S$26.1bS$3.5bS$1.6b15.7x16.4x7.5x
Thu, 06 Feb 2025S$25.7bS$3.5bS$1.4b16x18x7.4x
Sat, 04 Jan 2025S$26.1bS$3.5bS$1.3b17.9x19.6x7.5x
Mon, 02 Dec 2024S$32.4bS$4.4bS$1.8b17x18.1x7.3x
Wed, 30 Oct 2024S$33.8bS$4.4bS$1.8b17.7x18.6x7.6x
Fri, 27 Sep 2024S$34.8bS$4.5bS$1.9b17.6x18.2x7.8x
Sun, 25 Aug 2024S$33.0bS$4.5bS$2.0b16.8x16.8x7.4x
Tue, 23 Jul 2024S$32.3bS$4.5bS$1.9b16x16.6x7.2x
Thu, 20 Jun 2024S$30.8bS$4.5bS$1.7b15.2x18.6x6.8x
Sat, 18 May 2024S$31.2bS$4.5bS$1.7b15.4x18.8x6.9x
Mon, 15 Apr 2024S$31.4bS$4.5bS$1.4b17.8x21.6x6.9x
Wed, 13 Mar 2024S$31.5bS$4.5bS$1.4b17.2x21.7x6.9x
Fri, 09 Feb 2024S$32.3bS$4.5bS$1.6b17.7x20.1x7.1x
Sun, 07 Jan 2024S$33.4bS$4.5bS$1.5b16.7x22x7.4x
Tue, 05 Dec 2023S$31.4bS$4.5bS$1.5b15.3x20.7x7x
Thu, 02 Nov 2023S$29.4bS$4.5bS$1.5b14.3x19.5x6.5x
Sat, 30 Sep 2023S$31.3bS$4.4bS$1.7b14.7x18.8x7x
Mon, 28 Aug 2023S$32.4bS$4.4bS$1.7b15.8x19.5x7.3x
Wed, 26 Jul 2023S$34.6bS$4.2bS$2.0b14.8x17.8x8.2x
Fri, 23 Jun 2023S$34.4bS$4.2bS$2.0b14.3x17.7x8.1x
Sun, 21 May 2023S$34.7bS$4.2bS$2.0b15x17.8x8.2x
Tue, 18 Apr 2023S$36.3bS$4.1bS$2.0b16x18.3x8.8x
Thu, 16 Mar 2023S$34.5bS$4.1bS$2.0b16x17.4x8.4x
Sat, 11 Feb 2023S$35.5bS$4.1bS$2.0b15.7x17.5x8.7x
Mon, 09 Jan 2023S$34.8bS$3.9bS$2.4b13.7x14.4x9x
Wed, 07 Dec 2022S$35.2bS$3.9bS$2.4b13.5x14.6x9.1x
Fri, 04 Nov 2022S$34.0bS$3.9bS$2.4b13.5x14x8.8x
Sun, 02 Oct 2022S$34.6bS$3.7bS$2.2b13.8x15.4x9.3x
Tue, 30 Aug 2022S$37.0bS$3.7bS$2.3b14.5x16x9.9x
Thu, 28 Jul 2022S$34.4bS$3.7bS$2.1b16.5x16.4x9.4x
Sat, 25 Jun 2022S$34.5bS$3.6bS$2.1b16.3x16.5x9.5x
Price to Earnings Ratio

16.5x


Total Market Cap: S$34.5bTotal Earnings: S$2.1bTotal Revenue: S$3.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Retail REITs Industry Price to Earnings3Y Average 17.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the Singaporean Retail 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 industry is trading close to its 3-year average PS ratio of 7.9x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 15% per year over the last three years,
  • Revenues have also declined 4.3% 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 Market0.024%
Real Estate1.05%
REITS0.44%
Retail REITs2.65%
Industrial REITs2.24%
Diversified REITs0.44%
Specialized REITs0%0
Office REITs-0.012%
Hotel and Resort REITs-0.17%
Healthcare REITs-0.49%
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
C38U CapitaLand Integrated Commercial TrustS$2.173.3%
+S$512.2m
11.3%PB1x
J69U Frasers Centrepoint TrustS$2.222.3%
+S$101.4m
3.3%PB1.1x
BMGU BHG Retail REITS$0.4415.8%
+S$31.2m
-8.3%PB0.6x
JYEU Lendlease Global Commercial REITS$0.501.0%
+S$12.2m
-10.7%PB0.6x
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Latest News

J69U

S$2.22

Frasers Centrepoint Trust

7D

2.3%

1Y

3.3%

CRPU

S$0.63

Sasseur Real Estate Investment Trust

7D

-0.8%

1Y

-5.3%

ODBU

US$0.43

United Hampshire US Real Estate Investment Trust

7D

-1.1%

1Y

10.1%

P40U

S$0.50

Starhill Global Real Estate Investment Trust

7D

-2.0%

1Y

5.3%

AU8U

S$0.68

CapitaLand China Trust

7D

-2.9%

1Y

0.7%

JYEU

S$0.50

Lendlease Global Commercial REIT

7D

1.0%

1Y

-10.7%

BMGU

S$0.44

BHG Retail REIT

7D

15.8%

1Y

-8.3%

CEDU

S$0.022

Dasin Retail Trust

7D

-18.5%

1Y

-15.4%