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Singaporean (SGX) Real Estate Development Industry Analysis

UpdatedMay 28, 2024
DataAggregated Company Financials
Companies33
  • 7D-0.2%
  • 3M0.9%
  • 1Y-13.3%
  • YTDn/a

The Real Estate Development industry has stayed flat over the last week. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are forecast to grow by 53% annually.

Industry Valuation and Performance

Has the Singaporean Real Estate Development Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 29 May 2024S$13.6bS$18.7b-S$169,842,311.7623.2x-80.2x0.7x
Fri, 26 Apr 2024S$13.4bS$19.0b-S$43,530,759.5725.2x-307.8x0.7x
Sun, 24 Mar 2024S$13.5bS$19.0b-S$35,151,854.9623x-384.4x0.7x
Tue, 20 Feb 2024S$13.6bS$17.0bS$489.9m17.1x27.8x0.8x
Thu, 18 Jan 2024S$14.6bS$18.2bS$502.1m18.8x29.1x0.8x
Sat, 16 Dec 2023S$14.6bS$18.2bS$524.3m18.7x27.8x0.8x
Mon, 13 Nov 2023S$14.4bS$18.4bS$1.3b17.1x10.7x0.8x
Wed, 11 Oct 2023S$15.1bS$18.1bS$1.3b18.9x11.5x0.8x
Fri, 08 Sep 2023S$14.8bS$18.1bS$1.3b17.1x11.2x0.8x
Sun, 06 Aug 2023S$15.5bS$17.2bS$2.1b14.5x7.3x0.9x
Tue, 04 Jul 2023S$15.7bS$17.2bS$2.2b8.5x7.1x0.9x
Thu, 01 Jun 2023S$15.8bS$17.3bS$2.2b8.5x7.2x0.9x
Sat, 29 Apr 2023S$16.2bS$17.1bS$2.2b8.7x7.5x0.9x
Mon, 27 Mar 2023S$16.3bS$17.1bS$2.2b8.5x7.5x1x
Wed, 22 Feb 2023S$17.1bS$17.7bS$2.6b6.1x6.5x1x
Fri, 20 Jan 2023S$17.1bS$17.7bS$2.6b6.2x6.6x1x
Sun, 18 Dec 2022S$16.9bS$17.7bS$2.6b8.8x6.5x1x
Tue, 15 Nov 2022S$16.8bS$17.6bS$2.6b9.1x6.4x1x
Thu, 13 Oct 2022S$17.0bS$18.0bS$2.5b8.3x6.9x0.9x
Sat, 10 Sep 2022S$18.6bS$18.0bS$2.5b8.5x7.5x1x
Mon, 08 Aug 2022S$18.5bS$18.7bS$2.1b9.7x8.7x1x
Wed, 06 Jul 2022S$18.4bS$18.8bS$2.1b9.2x8.8x1x
Fri, 03 Jun 2022S$18.6bS$18.7bS$2.1b8.3x8.9x1x
Sun, 01 May 2022S$19.3bS$19.0bS$2.3b7.8x8.4x1x
Tue, 29 Mar 2022S$19.3bS$19.1bS$2.3b7.9x8.4x1x
Thu, 24 Feb 2022S$20.3bS$18.3bS$2.2b11.3x9x1.1x
Sat, 22 Jan 2022S$20.3bS$17.7bS$2.3b10.8x9x1.1x
Mon, 20 Dec 2021S$20.2bS$17.7bS$2.2b9.4x9.4x1.1x
Wed, 17 Nov 2021S$21.9bS$18.0bS$2.2b10.8x10x1.2x
Fri, 15 Oct 2021S$22.0bS$17.3bS$1.6b11.6x13.6x1.3x
Sun, 12 Sep 2021S$21.8bS$17.2bS$1.6b12x13.8x1.3x
Tue, 10 Aug 2021S$22.1bS$17.3bS$1.5b11.8x14.6x1.3x
Price to Earnings Ratio

19.1x


Total Market Cap: S$21.9bTotal Earnings: S$1.1bTotal Revenue: S$16.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Real Estate Development Industry Price to Earnings3Y Average -13.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Singaporean Real Estate Development industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading close to its 3-year average PS ratio of 0.98x.
Past Earnings Growth
  • Total earnings for the Real Estate Development industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 4.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Singaporean Real Estate Development compare with similar industries?

SG Market0.12%
Real Estate-1.05%
Real Estate-1.68%
Real Estate Development-0.18%
Diversified Real Estate0.20%
Real Estate Services-0.91%
Real Estate Operating Companies-3.44%
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
B61 Bukit Sembawang EstatesS$3.562.6%
+S$23.3m
-11.9%PE13x
TQ5 Frasers PropertyS$0.810.6%
+S$19.6m
-7.5%PS0.9x
A26 Sinarmas LandS$0.152.0%
+S$12.8m
-31.1%PE2.4x
5PC Goodland GroupS$0.1627.3%
+S$12.6m
25.4%PS3.6x
A30 AspialS$0.072.9%
+S$4.4m
0%PS0.3x
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Latest News

5AE

S$0.026

Pollux Properties

7D

-7.1%

1Y

-39.5%

Z59

S$0.065

Yoma Strategic Holdings

7D

-4.4%

1Y

-34.3%

B61

S$3.56

Bukit Sembawang Estates

7D

2.6%

1Y

-11.9%

5PC

S$0.16

Goodland Group

7D

27.3%

1Y

25.4%

T24

S$0.23

Tuan Sing Holdings

7D

-2.1%

1Y

-24.6%

A26

S$0.15

Sinarmas Land

7D

2.0%

1Y

-31.1%

PH0

S$0.012

Hatten Land

7D

-7.7%

1Y

-33.3%

H13

S$1.88

Ho Bee Land

7D

-1.6%

1Y

-8.7%

5JK

S$0.67

Hiap Hoe

7D

0.8%

1Y

-9.5%

40V

S$0.024

Alset International

7D

4.3%

1Y

20.0%

CTO

S$0.04

Hong Lai Huat Group

7D

-9.1%

1Y

-41.2%

ADN

S$1.11

First Sponsor Group

7D

-1.8%

1Y

-11.2%

A30

S$0.07

Aspial

7D

2.9%

1Y

0%

TQ5

S$0.81

Frasers Property

7D

0.6%

1Y

-7.5%