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Singaporean (SGX) REITS Industry Analysis

UpdatedJun 20, 2026
DataAggregated Company Financials
Companies5
  • 7D0.02%
  • 3M-2.8%
  • 1Y9.9%
  • YTD-4.0%

Over the last 7 days, the REITS industry has remained flat. The past year has been better, since the industry has gained 9.9% in that time. Looking forward, earnings are forecast to grow by 7.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jun 2026S$32.4bS$3.6bS$1.5b25.7x22.2x9x
Tue, 19 May 2026S$31.4bS$3.6bS$1.5b25.1x21.5x8.7x
Thu, 16 Apr 2026S$32.9bS$3.6bS$1.9b19.4x17.5x9.1x
Sat, 14 Mar 2026S$31.8bS$3.6bS$1.9b19x16.9x8.8x
Mon, 09 Feb 2026S$33.4bS$3.6bS$1.9b19.9x18x9.3x
Wed, 07 Jan 2026S$33.0bS$3.6bS$1.6b17.3x20.4x9.3x
Fri, 05 Dec 2025S$32.1bS$3.6bS$1.6b16.4x19.9x9x
Sun, 02 Nov 2025S$32.3bS$3.6bS$1.6b15.9x20x9.1x
Tue, 30 Sep 2025S$31.3bS$3.6bS$1.5b15.8x20.8x8.8x
Thu, 28 Aug 2025S$30.9bS$3.6bS$1.5b16.2x20.5x8.7x
Sat, 26 Jul 2025S$29.0bS$3.6bS$1.5b17.3x19.9x8.1x
Mon, 23 Jun 2025S$12.2bS$2.0bS$659.6m25.7x18.5x6.1x
Wed, 21 May 2025S$11.9bS$2.0bS$658.8m26x18.1x6x
Fri, 18 Apr 2025S$12.0bS$2.0bS$521.5m24x23x5.9x
Sun, 16 Mar 2025S$12.3bS$2.0bS$521.5m23.7x23.6x6.1x
Tue, 11 Feb 2025S$12.0bS$2.0bS$459.5m22x26.2x6x
Thu, 09 Jan 2025S$12.4bS$2.0bS$817.5m13.9x15.1x6.2x
Sat, 07 Dec 2024S$6.1bS$1.0bS$359.4m13.5x16.9x5.9x
Mon, 04 Nov 2024S$6.0bS$1.0bS$359.4m13.2x16.6x5.8x
Wed, 02 Oct 2024S$6.6bS$1.0bS$359.4m14.8x18.2x6.4x
Fri, 30 Aug 2024S$6.0bS$1.0bS$359.4m13.5x16.7x5.8x
Sun, 28 Jul 2024S$5.8bS$1.0bS$309.9m13.1x18.6x5.6x
Tue, 25 Jun 2024S$5.3bS$1.0bS$290.9m12.5x18.1x5.2x
Thu, 23 May 2024S$5.5bS$1.0bS$290.9m12.9x18.8x5.4x
Sat, 20 Apr 2024S$5.4bS$1.0bS$293.1m12.8x18.5x5.3x
Mon, 18 Mar 2024S$5.3bS$1.0bS$531.5m7.2x9.9x5.2x
Wed, 14 Feb 2024S$5.6bS$1.0bS$402.2m19.7x13.9x5.5x
Fri, 12 Jan 2024S$10.2bS$1.5bS$569.8m19.2x17.9x6.8x
Sun, 10 Dec 2023S$9.9bS$1.5bS$569.8m17.8x17.4x6.6x
Tue, 07 Nov 2023S$9.7bS$1.5bS$507.8m12.7x19.1x6.5x
Thu, 05 Oct 2023S$9.5bS$1.5bS$507.8m12.6x18.7x6.4x
Sat, 02 Sep 2023S$9.8bS$1.5bS$507.8m13.5x19.4x6.6x
Mon, 31 Jul 2023S$10.6bS$1.5bS$576.5m18.6x18.4x7.1x
Wed, 28 Jun 2023S$10.5bS$1.5bS$792.6m15x13.3x6.9x
Price to Earnings Ratio

13.3x


Total Market Cap: S$10.5bTotal Earnings: S$792.6mTotal Revenue: S$1.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean REITS Industry Price to Earnings3Y Average 18.5x202420252026
Current Industry PE
  • Investors are optimistic on the Singaporean 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 18.5x.
  • The 3-year average PS ratio of 7.0x is lower than the industry's current PS ratio of 9.0x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 33% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Singaporean Real Estate industry?

SG Market2.64%
Real Estate-0.55%
REITS0.022%
Office REITs2.18%
Hotel and Resort REITs0.55%
Diversified REITs0.022%
Residential REITs0%0
Specialized REITs0%0
Healthcare REITs0%0
Industrial REITs-0.49%
Retail REITs-0.82%
Industry PE
  • Investors are most optimistic about the Diversified REITs industry which is trading above its 3-year average PE ratio of 18.5x.
    • Analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 20.8% per year.
  • Investors are most pessimistic about the Healthcare REITs industry, which is trading below its 3-year average of 24.5x.
Forecasted Growth
  • Analysts are most optimistic on the Retail REITs industry, expecting annual earnings growth of 10% over the next 5 years.
  • However this is lower than its past earnings growth rate of 13% per year.
  • In contrast, the Healthcare REITs industry is expected to see its earnings decline by 5.9% 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
C38U CapitaLand Integrated Commercial TrustS$2.350.4%
+S$79.5m		8.3%PB1.1x
SET Stoneweg Europe Stapled Trust€1.561.3%
+€11.1m		2.6%PB0.7x

Latest News

C38U
S$2.35
CapitaLand Integrated Commercial Trust
7D
0.4%
1Y
8.3%
T82U
S$1.42
Suntec Real Estate Investment Trust
7D
-2.1%
1Y
26.8%
SET
€1.56
Stoneweg Europe Stapled Trust
7D
1.3%
1Y
2.6%