I am going to share with you 16 Singapore REITs to invest in April 2026. In 2025, I earned $20,289.89 in passive income, mainly from REIT dividends, Singapore Savings Bonds, and Singapore Treasury Bills (T‑Bills) and REITs continue to be one of the most dependable ways to build long-term passive income in Singapore.
The ongoing conflict between Iran and the United States has injected a fresh wave of uncertainty into global markets. Each escalation raises concerns about potential disruptions to oil supply routes, especially through the Strait of Hormuz, one of the world’s most critical energy chokepoints. As traders price in geopolitical risk, oil benchmarks have surged, reflecting fears of supply constraints and the broader instability rippling across global trade and energy markets.
This spike in oil prices has translated into heightened volatility across global equities. Investors are reassessing risk, rotating out of cyclical sectors, and bracing for the possibility of prolonged geopolitical tension. Singapore’s stock market has not been spared. REITs, despite their defensive reputation, have seen share prices soften as sentiment turns cautious and capital flows toward perceived safe havens. Short‑term uncertainty often leads to broad‑based selling, even in fundamentally stable sectors.
Yet, this environment also creates opportunities for long‑term income investors. When REIT prices decline, their dividend yields naturally rise, making high‑quality Singapore REITs more attractive relative to bonds and other income assets. For investors with a disciplined approach, periods of geopolitical‑driven volatility can offer rare entry points into strong REITs at discounted valuations. While the headlines may be unsettling, the underlying fundamentals of many Singapore REITs remain intact, and elevated yields can reward those who stay focused on long‑term cash flow rather than short‑term noise.
Why Stock Screening Matters for REIT Investors
If you are planning to buy Singapore REITs in April 2026, the first step is identifying which REITs fit your portfolio. One of the most effective techniques in REIT investing is stock screening, a systematic process that filters through a wide universe of REITs based on specific financial criteria.
In Singapore, stock screening helps narrow down potential REIT opportunities by focusing on key metrics such as:
- Dividend yield – to evaluate passive income potential
- Price-to-Earnings (P/E) ratio – to assess valuation
- Gearing levels – to measure financial stability and risk
- Market capitalization & sector exposure – to diversify effectively
Benefits of Using REIT Screening Tools
With today’s abundance of online screening platforms, investors can:
- Generate a shortlist of high-quality REITs that match investment goals
- Compare REITs side by side for yields, valuations, and leverage
- Make data-driven decisions backed by transparent financial metrics
For anyone serious about building sustainable passive income through Singapore REITs, stock screening is an indispensable tool. By leveraging these platforms, you can confidently select REITs that align with your financial objectives and long-term wealth strategy.
To streamline my REIT selection process, I rely on the Stocks Café Stock Screener. It helps me filter for REITs that meet my predefined investment criteria, allowing me to focus on a curated shortlist worth deeper analysis.
Here are the key parameters I use to screen for dividend-paying REITs. Please feel free to adjust them based on your own risk tolerance and investment goals:
- Market Capitalization: ≥ S$1 billion
- Current Dividend Yield: Between 5% and 10%
- Price-to-Book Ratio: ≤ 3
This approach ensures I am targeting REITs with solid fundamentals, attractive yields, and reasonable valuations, ideal for building a sustainable passive income portfolio.
Market capitalization
Market capitalization, commonly known as “market cap” is a foundational metric used to assess a company’s size and market value. It is calculated by multiplying the current share price by the total number of outstanding shares.
This figure helps classify companies into three main categories:
- Large-cap stocks: These are well-established firms with a track record of stable performance, such as Apple or Microsoft. They’re generally considered lower-risk investments due to their scale and resilience.
- Mid-cap stocks: Representing companies in their growth phase, mid-caps offer higher upside potential but may carry more volatility compared to large-cap stocks.
- Small-cap stocks: Typically, newer and less proven, small-caps can deliver substantial growth but with increased risk and sensitivity to market shifts.
Investors use market cap to gauge a company’s relative size, benchmark it against peers, and build diversified portfolios tailored to their risk appetite and financial goals. That said, market cap is just one piece of the puzzle. A well-rounded analysis should also consider fundamentals like revenue, earnings, industry dynamics, and long-term growth prospects.
Current Dividend Yield
Dividend yield is a key financial ratio that indicates how much a company returns to shareholders in the form of dividends, relative to its current stock price. It is a useful metric for income-focused investors evaluating the attractiveness of dividend-paying stocks. The formula is:
A higher yield may signal strong income potential, but it is important to assess sustainability and underlying fundamentals before investing.
Price / Book (PB Ratio)
The price-to-book (P/B) ratio is a commonly used valuation metric that compares a company’s market price to its book value. It helps investors gauge whether a stock is trading at a premium or discount relative to its net asset value. The formula is P/B Ratio = Market Price Per Share / Book Value Per Share.
A P/B ratio below 1 may suggest the stock is undervalued, meaning it is trading for less than the value of its assets. Conversely, a higher P/B ratio could indicate overvaluation, assuming all other factors remain constant. While useful, the P/B ratio should be considered alongside other financial metrics and qualitative factors for a more complete investment picture.
16 Singapore REITs to Invest in April 2026
Below are 16 Singapore REITs to invest in April 2026 that I screened using Stocks Café Stock Screener.
ESR REIT (SGX: 9A4U)
Market Capitalization: SGD 2B
Current Dividend Yield: 9.61%
Price to Equity: 327.022
Price to Book: 0.729
Net Asset Value (NAV): SGD 3.126
Closing Price (2-Apr-26): SGD 2.28
Stoneweg EU Trust (SGX: SEB)
Market Capitalization: SGD 1.4B
Current Dividend Yield: 8.90%
Price to Equity: 10.854
Price to Book: 0.717
Net Asset Value (NAV): SGD 3.126
Closing Price (2-Apr-26): SGD 2.24
Ascendas REIT (SGX: A17U)
Market Capitalization: SGD 12.4B
Current Dividend Yield: 7.50%
Price to Equity: 14.98
Price to Book: 1.062
Net Asset Value (NAV): SGD 2.353
Closing Price (2-Apr-26): SGD 2.50
AIMS APAC REIT (SGX: O5RU)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 6.84%
Price to Equity: 33.594
Price to Book: 0.852
Net Asset Value (NAV): SGD 1.679
Closing Price (2-Apr-26): SGD 1.43
CapitaLand Ascott Trust (SGX: HMN)
Market Capitalization: SGD 3.7B
Current Dividend Yield: 6.82%
Price to Equity: 11.046
Price to Book: 0.702
Net Asset Value (NAV): SGD 1.274
Closing Price (2-Apr-26): SGD 0.895
Lendlease REIT (SGX: JYEU)
Market Capitalization: SGD 1.7B
Current Dividend Yield: 6.82%
Price to Equity: 20.213
Price to Book: 0.654
Net Asset Value (NAV): SGD 0.818
Closing Price (2-Apr-26): SGD 0.535
Starhill Global REIT (SGX: P40U)
Market Capitalization: SGD 1.3B
Current Dividend Yield: 6.70%
Price to Equity: 11.563
Price to Book: 0.711
Net Asset Value (NAV): SGD 0.767
Closing Price (2-Apr-26): SGD 0.545
Frasers Logistics & Commercial Trust (SGX: BUOU)
Market Capitalization: SGD 3.7B
Current Dividend Yield: 6.65%
Price to Equity: 16.489
Price to Book: 0.810
Net Asset Value (NAV): SGD 1.105
Closing Price (2-Apr-26): SGD 0.895
Mapletree Industrial Trust (SGX: ME8U)
Market Capitalization: SGD 5.8B
Current Dividend Yield: 6.62%
Price to Equity: 17.041
Price to Book: 1.094
Net Asset Value (NAV): SGD 1.792
Closing Price (2-Apr-26): SGD 1.96
Far East Hospitality Trust (SGX: Q5T)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 6.55%
Price to Equity: 39.125
Price to Book: 0.644
Net Asset Value (NAV): SGD 0.878
Closing Price (2-Apr-26): SGD 0.565
Mapletree Logistics Trust (SGX: M44U)
Market Capitalization: SGD 6.5B
Current Dividend Yield: 6.38%
Price to Equity: 34.837
Price to Book: 0.840
Net Asset Value (NAV): SGD 1.381
Closing Price (2-Apr-26): SGD 1.16
OUE REIT (SGX: TS0U)
Market Capitalization: SGD 2B
Current Dividend Yield: 6.28%
Price to Equity: 74.64
Price to Book: 0.634
Net Asset Value (NAV): SGD 0.560
Closing Price (2-Apr-26): SGD 0.355
Mapletree Pan Asia Commercial Trust (SGX: N2IU)
Market Capitalization: SGD 7.5B
Current Dividend Yield: 6.03%
Price to Equity: 10.274
Price to Book: 0.739
Net Asset Value (NAV): SGD 1.800
Closing Price (2-Apr-26): SGD 1.33
Keppel REIT (SGX: K71U)
Market Capitalization: SGD 4.7B
Current Dividend Yield: 5.84%
Price to Equity: 8.122
Price to Book: 0.651
Net Asset Value (NAV): SGD 1.374
Closing Price (2-Apr-26): SGD 0.895
Frasers Centrepoint Trust (SGX: J69U)
Market Capitalization: SGD 4.7B
Current Dividend Yield: 5.51%
Price to Equity: 22.338
Price to Book: 0.942
Net Asset Value (NAV): SGD 2.337
Closing Price (2-Apr-26): SGD 2.20