CSOP iEdge SREIT ETF S

17LIVE W281207

CapAllianz

Asian Micro

NIO MBeCW260520

Ascent Bridge

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Landmark REIT

Koh Bros

CONCORD NE

FSTRE

In March, Singapore's non-landed private residential rents increased by 0.4% month-on-month, with leasing transaction volume rising by 27.2%. Compared to February, rents shifted from a decline of 0.2% to growth, with a year-on-year increase of 1.9%. 99.co Chief Data Officer Hakkin stated that the pace of rent increases has slowed, the market is stabilizing, and tenants are price-sensitive, which limits landlords' ability to raise rents. Among different market segments, mid-tier private residential rents rose by 1.1%, luxury private residential rents increased by 0.4%, while mass market private residential rents declined by 0.3%

Zaobao

FTSE ST All-Share Index - Real Estate REITs

CSOP iEdge SREIT ETF US

FTSE Straits Times Index

Amova Singapore STI ETF

STI ETF

March private residential rents rose by 0.4%, continuing to increase but at a slower pace | Lianhe Zaobao

New private home sales in Singapore surged 428.5% month-on-month in March 2026, reaching 1,300 units, driven by launches of River Modern and Pinery Residences. This rebound follows a Chinese New Year lull and reflects strong buyer confidence despite geopolitical tensions. Total sales, including executive condominiums, increased by 628.2% to 1,937 units. The majority of sales were in the Outside Central Region, with a notable demand for affordable units. Future projections estimate 8,000 to 10,000 units to be sold in 2026, with price growth expected between 2% and 5%.

Singapore Business Review

GuocoLand

Lion-phillip S-Reit

PropNex

CBRE

New home sales jump five-fold in March as launches return post-CNY lull

The iEdge Singapore Next 50 Liquidity Weighted Index has outperformed the Straits Times Index (STI) with a year-to-date total return of 9.7%, compared to STI's 8.9%. The index, which tracks 50 stocks just below the STI, is weighted by liquidity and has seen a 43% increase in average daily turnover. Technology stocks are a significant contributor, accounting for nearly 20% of the index's weight, driven by the AI semiconductor cycle and digital infrastructure needs. The outlook for Singapore's tech economy remains positive, focusing on capital-intensive growth in digital services and infrastructure.

Businesstimes News

NetLink NBN Tr

NTT DC REIT USD

DigiCore Reit USD

StarHub

iEdge Next 50 Liquidity Weighted Index outperforms STI on tech strength

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O5RU

Analysts recommend defensive Singapore real estate investment trusts (S-Reits) amid macroeconomic uncertainty. Macquarie Equity Research highlights CapitaLand Integrated Commercial Trust (CICT) and Parkway Life Reit as top picks. CGS International also favors CICT for its growth potential. Despite risks from higher funding costs and macro headwinds, both brokerages maintain an "overweight" rating on S-Reits, citing attractive valuations. The sector has retraced 5% year-to-date, but analysts expect high portfolio occupancy and positive reversions in various segments, with a cautious outlook on the impact of global tensions.

ParkwayLife Reit

CapLand IntCom T

AIMS APAC Reit

CSOP DIV ETF S

Defensive S-Reits emerge as analysts’ top picks amid macro jitters

CONFLICT in the Middle East is driving higher inflation as elevated energy costs hurt businesses and consumers. Many Singapore real estate investment trusts (Reits) will be hit by higher energy prices. Property operating expenses could rise thus hurting net property income (npi).Crucially, higher inflation may dash hopes of the US Federal Reserve slashing interest rates even with the looming change in leadership at the Federal Reserve.

Iran war blunts tailwind from lower interest rates, but Singapore properties’ safe haven premium buoys Reits

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Retail investors invested over $300 million into Singapore-listed REITs in March, despite a 7% drop in the iEdge S-REIT Index. Institutional investors sold off $225 million. Positive inflows were noted in industrial, commercial, logistics, and data center REITs, with CapitaLand Ascendas Reit and Frasers Centrepoint Trust among the top gainers. Acrophyte acquired Suntec Reit's manager for $190 million, while Hongkong Land purchased a 10.8% stake in Suntec for $541 million. Current sector valuations average 0.95 times price-to-book ratio, with FY26 forward distribution yields at 5.7%.

HongkongLand USD

Suntec Reit

Frasers Cpt Tr

Acro HTrust USD

CapLand Ascendas REIT

HONG KONG LAND

Retail investors pump $300m into S‑REITs despite March index drop

Knight Frank reported that Singapore's real estate investment market achieved a record $15.4 billion in Q1 2026, marking a 10% increase QoQ and 166.5% YoY. Despite geopolitical uncertainties, the firm maintains a full-year forecast of $30 billion. Key transactions included Asia Square Tower 1 for $4.1 billion and significant residential and commercial sales. Outbound investment rose 7.8% QoQ to $10.3 billion, as investors seek diversification. CEO Galven Tan emphasized the importance of timely asset offerings for vendors to capitalize on available funds.

UOB AP GRN REIT S

Amova-StraitsTrdg Asia REIT

UOB AP GRN REIT US

Property investment sales hit $15.4b in Q1 as market strength rolls over from 2025

The situation in the Middle East has raised inflation expectations and lowered interest rate cut expectations, leading several institutions to adopt a more cautious view on Singapore Real Estate Investment Trusts (S-REITs). Analysts at Singapore's Oversea-Chinese Banking Corporation have downgraded the S-REIT rating from "Overweight" to "Neutral," believing that the Middle East conflict will have a negative impact on the sector. Although the market has risk-averse characteristics and the industry fundamentals are robust, investors are choosing to wait and see amid inflation and interest rate fluctuations. However, DBS Group's analysis remains optimistic, believing that current valuations have absorbed some risks and that S-REITs are still undervalued

Middle East situation disrupts interest rate expectations, analysts have divergent views on S-REIT | Lianhe Zaobao

In March 2026, retail investors were net buyers of S-Reits, with inflows exceeding S$300 million, despite the iEdge S-Reit Index declining 7% due to geopolitical tensions. The top S-Reits attracting retail interest included CapitaLand Ascendas Reit and Frasers Centrepoint Trust. Conversely, institutional investors sold off S-Reits, resulting in net outflows of S$225 million. Notably, Suntec Reit and Acrophyte Hospitality Trust were the only S-Reits to show positive performance. Analysts suggest potential for improved distribution growth in FY26, supported by lower interest expenses and compelling sector valuations.

Retail investors are net buyers of S‑Reits in March

The Singapore stock market closed higher on Friday, with the Straits Times Index (STI) rising 0.2% to end at 4,898.18. Despite a mixed performance across regional markets, local gainers outpaced losers 334 to 238, supported by a total trading volume of S$1.9 billion.

- Singapore stocks rose on Friday, with the Straits Times Index (STI) gaining 0.2 percent to finish at 4,898.18.  
- The broader market saw gainers outnumber losers 334 to 238, amid mixed regional indices and concerns over geopolitical tensions affecting global growth.  
- Local banks experienced modest gains while Seatrium was the top gainer on the STI, and Keppel was the worst performer.

LB Select

Singapore stocks rebound on Friday, STI up 0.2%

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SGDM

A couple is suing ERA Realty and others for S$731,212 over alleged misrepresentation in a property deal. Singaporean accredited investors are reassessing their private credit exposure after US funds triggered redemption gates. DBS reports that safe-haven inflows are boosting deposits amid Middle East conflict, though market volatility may increase trading income. Gold's performance during crises is questioned as liquidity takes precedence. Yacht charter operators are concerned about potential price hikes following SUTL's acquisition of Marina At Keppel Bay. The Iran conflict is affecting the economy, disrupting supply chains and impacting energy and travel sectors.

iShares Gold Trust

EFUND GOLD MI-R

Abrdn Gold ETF Trust

ZHONGJIN GOLD

EFUND GOLD MI-U

Sprott GLD Miners Etf

Keppel DC Reit

Kinross Gold

APAC Realty

Keppel

Zijin Mining

VanEck Junior Gold Miners ETF

VanEck Gold Miners ETF

ChinaAMC Gold ETF

iShares MSCI Global Gold Miners

SD-GOLD

SPDR Gold Minishares

Keppel Reit

Agnico Eagle Mines

Newmont

Gold.com

Daily Debrief: What Happened Today (Mar 26)

Singapore stocks fell on March 23, with the Straits Times Index (STI) down 2.2% to 4,841.30. The iEdge Singapore Next 50 Index saw a slight gain of 0.1%. Frencken Group was the biggest decliner, dropping 7.2%. Overall, 144 stocks gained while 554 lost. Regional markets also declined, with Hong Kong's Hang Seng Index down 3.5% and Japan's Nikkei 225 down 3.5%. Sembcorp Industries was the only blue-chip gainer, while Singtel fell 5.4%. Market concerns include higher inflation and geopolitical tensions, according to market strategist Neil Wilson.

Straitstimes

Sembcorp Ind

Frencken

SingTel

Pro Ultrshrt Yen

Singapore stocks fall, in line with regional bourses; STI down 2.2%

Singapore stocks fell on Friday, with the Straits Times Index (STI) down 0.4% to 4,948.87 amid ongoing oil market pressures due to the Iranian conflict. Local banks had mixed results, with UOB slightly up while DBS and OCBC declined. Venture Corporation led STI gains, while Hongkong Land dropped 3.1% after announcing a stake acquisition in Suntec Reit. Overall, market losers outnumbered gainers, and global stocks showed mixed performance amid fluctuating oil prices.

Venture

Amova STI ETF SA

OCBC Bank

Singapore stocks slip on Friday as oil volatility weighs; STI down 0.4%

Trading in the iEdge Next 50 Index has accelerated, with the average daily turnover rising to $261 million in Q1 2026, up from $221 million in H2 2025. Despite this growth, the Index experienced slight declines. A rebalance on March 23 will add Haw Par Corp, GuocoLand, Ultragreen.ai, and ValueMax Group, while removing Banyan Tree Holdings, SBS Transit, Geo Energy Resources, and COSCO SHIPPING International Singapore Co. The healthcare sector's representation will double, increasing its weighting from 2%-3% to 6%-7%.

ValueMax

ULTRAGREEN AI USD

Haw Par

Trading in iEdge Next 50 accelerates as ADT hits $261m

CRPU

Singapore stocks rose on Monday, with the Straits Times Index (STI) up 0.6% to 4,868.69, as the Middle East conflict continues and investors await the US Federal Reserve's monetary policy meeting. The iEdge Singapore Next 50 Index fell 0.5%. First Resources gained 4.1%, while Sasseur Reit dropped 6.6%. Overall, gainers outnumbered losers 312 to 274. Key regional indices showed mixed results, with Singapore Exchange leading STI gainers at 2.9%. Analysts expect the Fed to maintain interest rates, despite inflation concerns due to the Gulf situation.

Sasseur Reit

First Resources

Singapore stocks end higher on Monday as Middle East conflict enters third week; STI up 0.6%

CSOP iEdge SREIT ETF S(SRT.SG)

CSOP iEdge SREIT ETF S Stock Performance Chart

March private residential rents rose by 0.4%, continuing to increase but at a slower pace | Lianhe Zaobao

New home sales jump five-fold in March as launches return post-CNY lull

iEdge Next 50 Liquidity Weighted Index outperforms STI on tech strength

Defensive S-Reits emerge as analysts’ top picks amid macro jitters

Iran war blunts tailwind from lower interest rates, but Singapore properties’ safe haven premium buoys Reits