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Singaporean (SGX) Retail REITs Industry Analysis

UpdatedNov 12, 2025
DataAggregated Company Financials
Companies8
  • 7D-0.1%
  • 3M4.4%
  • 1Y8.1%
  • YTDn/a

Over the last 7 days, the Retail REITs industry has remained flat. The past year has been better, since the industry has gained 7.8% in that time. 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
Fri, 14 Nov 2025S$10.5bS$1.6bS$515.9m13.8x20.4x6.5x
Sun, 12 Oct 2025S$10.6bS$1.6bS$465.1m18x22.7x6.7x
Tue, 09 Sep 2025S$10.6bS$1.6bS$465.1m20.4x22.8x6.7x
Thu, 07 Aug 2025S$9.9bS$1.6bS$478.9m19.2x20.6x6.2x
Sat, 05 Jul 2025S$9.6bS$1.6bS$351.7m17.8x27.4x6x
Mon, 02 Jun 2025S$24.7bS$3.2bS$1.3b16.9x19.2x7.7x
Wed, 30 Apr 2025S$27.9bS$3.5bS$1.6b16.9x17.5x8x
Fri, 28 Mar 2025S$27.2bS$3.5bS$1.6b16.4x17.1x7.8x
Sun, 23 Feb 2025S$25.8bS$3.5bS$1.4b15.2x17.8x7.4x
Tue, 21 Jan 2025S$26.0bS$3.5bS$1.3b17.8x19.6x7.5x
Thu, 19 Dec 2024S$31.9bS$4.4bS$1.8b16.8x17.9x7.2x
Sat, 16 Nov 2024S$32.4bS$4.4bS$1.8b17.2x18.1x7.3x
Mon, 14 Oct 2024S$35.0bS$4.5bS$1.9b18.1x18.3x7.8x
Wed, 11 Sep 2024S$33.9bS$4.5bS$1.9b16.9x17.7x7.6x
Fri, 09 Aug 2024S$31.9bS$4.4bS$2.0b16.2x16x7.2x
Sun, 07 Jul 2024S$31.2bS$4.5bS$1.9b15.6x16.1x7x
Tue, 04 Jun 2024S$31.2bS$4.5bS$1.7b15.4x18.8x6.9x
Thu, 02 May 2024S$31.1bS$4.5bS$1.7b15.3x18.7x6.8x
Sat, 30 Mar 2024S$31.6bS$4.5bS$1.4b17.4x21.8x7x
Mon, 26 Feb 2024S$31.9bS$4.5bS$1.6b16.3x19.9x7x
Wed, 24 Jan 2024S$32.7bS$4.5bS$1.5b15.5x21.6x7.3x
Fri, 22 Dec 2023S$33.0bS$4.5bS$1.5b16.2x21.8x7.3x
Sun, 19 Nov 2023S$31.1bS$4.5bS$1.5b14.8x20.5x6.9x
Tue, 17 Oct 2023S$30.6bS$4.4bS$1.7b14.2x18.3x6.9x
Thu, 14 Sep 2023S$31.9bS$4.4bS$1.7b15.1x19.2x7.2x
Sat, 12 Aug 2023S$33.4bS$4.5bS$1.8b16.1x18.2x7.5x
Mon, 10 Jul 2023S$33.0bS$4.2bS$2.0b14x16.9x7.8x
Wed, 07 Jun 2023S$34.1bS$4.2bS$2.0b14.7x17.5x8x
Fri, 05 May 2023S$35.5bS$4.2bS$1.9b15.9x18.2x8.4x
Sun, 02 Apr 2023S$35.5bS$4.1bS$2.0b15.7x17.9x8.6x
Tue, 28 Feb 2023S$34.8bS$4.1bS$2.0b16x17.4x8.4x
Thu, 26 Jan 2023S$36.4bS$3.9bS$2.4b14.8x15.1x9.4x
Sat, 24 Dec 2022S$34.6bS$3.9bS$2.4b13.5x14.3x8.9x
Mon, 21 Nov 2022S$35.2bS$3.9bS$2.4b13.8x14.6x9.1x
Price to Earnings Ratio

14.6x


Total Market Cap: S$35.2bTotal Earnings: S$2.4bTotal Revenue: S$3.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Retail REITs Industry Price to Earnings3Y Average 18.9x202320242025
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 18.9x.
  • The 3-year average PS ratio of 7.5x is higher than the industry's current PS ratio of 6.5x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 40% per year over the last three years,
  • Revenues have also declined 25% 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 Market1.63%
Real Estate1.46%
REITS0.98%
Retail REITs-0.15%
Diversified REITs0.98%
Hotel and Resort REITs0.94%
Office REITs0.68%
Industrial REITs0.011%
Residential REITs0%0
Specialized REITs0%0
Healthcare REITs-0.61%
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
J69U Frasers Centrepoint TrustS$2.280.4%
+S$20.3m		7.5%PB1x
P40U Starhill Global Real Estate Investment TrustS$0.580.9%
+S$11.6m		17.0%PB0.8x
ODBU United Hampshire US Real Estate Investment TrustUS$0.501.0%
+US$3.0m		9.9%PB0.7x

Latest News

J69U
S$2.28
Frasers Centrepoint Trust
7D
0.4%
1Y
7.5%

J69U: Lower Discount Rate And Increased Distribution Will Drive Future Upside

Analysts have raised their fair value estimate for Frasers Centrepoint Trust slightly, increasing it from $2.58 to $2.59. This change reflects minor updates to their discount rate and profit margin assumptions.
D5IU
S$0.014
Lippo Malls Indonesia Retail Trust
7D
-6.7%
1Y
-30.0%
P40U
S$0.58
Starhill Global Real Estate Investment Trust
7D
0.9%
1Y
17.0%
ODBU
US$0.50
United Hampshire US Real Estate Investment Trust
7D
1.0%
1Y
9.9%
CRPU
S$0.68
Sasseur Real Estate Investment Trust
7D
-2.2%
1Y
-0.7%
JYEU
S$0.62
Lendlease Global Commercial REIT
7D
-1.6%
1Y
9.7%