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Singaporean (SGX) Retail REITs Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies8
  • 7D-0.6%
  • 3M4.0%
  • 1Y8.3%
  • YTD7.0%

Over the last 7 days, the Retail REITs industry has remained flat, although notably United Hampshire US Real Estate Investment Trust gained 3.1%. The past year has been better, since the industry has gained 8.1% 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
Sat, 15 Nov 2025S$10.4bS$1.6bS$515.9m13.6x20.2x6.4x
Mon, 13 Oct 2025S$10.6bS$1.6bS$465.1m18x22.7x6.7x
Wed, 10 Sep 2025S$10.6bS$1.6bS$465.1m20.4x22.7x6.6x
Fri, 08 Aug 2025S$10.0bS$1.6bS$460.0m19.2x21.6x6.2x
Sun, 06 Jul 2025S$9.6bS$1.6bS$351.7m17.8x27.4x6x
Tue, 03 Jun 2025S$24.7bS$3.2bS$1.3b16.9x19.2x7.7x
Thu, 01 May 2025S$27.9bS$3.5bS$1.6b16.8x17.4x8x
Sat, 29 Mar 2025S$27.1bS$3.5bS$1.6b16.4x17.1x7.8x
Mon, 24 Feb 2025S$25.8bS$3.5bS$1.4b15.2x17.8x7.4x
Wed, 22 Jan 2025S$26.0bS$3.5bS$1.3b17.7x19.6x7.5x
Fri, 20 Dec 2024S$31.7bS$4.4bS$1.8b16.7x17.7x7.1x
Sun, 17 Nov 2024S$32.4bS$4.4bS$1.8b17.2x18.1x7.3x
Tue, 15 Oct 2024S$35.0bS$4.5bS$1.9b18.1x18.3x7.8x
Thu, 12 Sep 2024S$34.1bS$4.5bS$1.9b17.2x17.8x7.6x
Sat, 10 Aug 2024S$31.9bS$4.4bS$2.0b16.2x16x7.2x
Mon, 08 Jul 2024S$31.2bS$4.5bS$1.9b15.6x16.1x7x
Wed, 05 Jun 2024S$31.3bS$4.5bS$1.7b15.4x18.8x6.9x
Fri, 03 May 2024S$31.1bS$4.5bS$1.7b15.3x18.7x6.8x
Sun, 31 Mar 2024S$31.6bS$4.5bS$1.4b17.4x21.8x7x
Tue, 27 Feb 2024S$31.8bS$4.5bS$1.6b16.3x19.8x7x
Thu, 25 Jan 2024S$33.1bS$4.5bS$1.5b15.5x21.8x7.4x
Sat, 23 Dec 2023S$33.3bS$4.5bS$1.5b16.5x21.9x7.4x
Mon, 20 Nov 2023S$31.1bS$4.5bS$1.5b14.8x20.5x6.9x
Wed, 18 Oct 2023S$30.6bS$4.4bS$1.7b14.2x18.3x6.9x
Fri, 15 Sep 2023S$32.2bS$4.4bS$1.7b15.3x19.3x7.2x
Sun, 13 Aug 2023S$33.4bS$4.5bS$1.8b16.1x18.2x7.5x
Tue, 11 Jul 2023S$33.1bS$4.2bS$2.0b14.1x17x7.8x
Thu, 08 Jun 2023S$34.3bS$4.2bS$2.0b14.7x17.6x8.1x
Sat, 06 May 2023S$35.5bS$4.2bS$1.9b15.8x18.2x8.4x
Mon, 03 Apr 2023S$35.5bS$4.1bS$2.0b15.7x17.9x8.6x
Price to Earnings Ratio

17.9x


Total Market Cap: S$35.5bTotal Earnings: S$2.0bTotal Revenue: S$4.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Retail REITs Industry Price to Earnings3Y Average 19.3x20242025
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 19.3x.
  • The 3-year average PS ratio of 7.3x 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 36% per year over the last three years,
  • Revenues have also declined 27% 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 Market0.85%
Real Estate0.70%
Retail REITs-0.58%
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
JYEU Lendlease Global Commercial REITS$0.63-0.8%
S$278.2m
12.6%PB0.9x
ODBU United Hampshire US Real Estate Investment TrustUS$0.513.1%
+US$9.1m
11.0%PB0.7x