Are you looking for the best REITs to invest in April 2025? Last year, I collected a total of S$19K in passive income. The majority of my passive income comes from the dividends paid out by REITs in my stock portfolio. REIT investing is an excellent and easy way to build our passive income because REITs payout dividends either quarterly or half yearly.
The important thing in terms of building a Singapore REIT portfolio is to be able to identify high quality REITs are those that constantly pay you dividends and are able to grow their Distribution Per Unit (DPU) year-on-year. How do I build a dividend yielding REITs portfolio? I shall share with you further below how I find Singapore REITs to gradually build my dividend portfolio.
There are 6 important terms to know in REIT investing. Do you know what is Distribution Per Unit (DPU), Rental Reversions, Weighted Average Lease Expiry (WALE), Aggregate Leverage (Gearing Ratio), Weighted Average Debt Maturity and Dividend Yield? Stock screening only help you narrow down to a shorter list of Singapore REITs to look at. It is important to know the above terms. Usually, you will come across these terms in the financial results or annual reports.
How to Find Singapore REITs to Buy?
In REIT investing, I use a common technique called stock screening. Singapore Stock screening is the process of filtering a large number of stocks based on specific criteria to identify potential investment opportunities. There are many stock screening tools out there. As such, it is not difficult to obtain a shorter list of good REITs and their current dividend yield for further analyse and decision making. Stock Screening tools allow you to screen REITs based on specific factors like P/E ratio, dividend yield, and other financial metrics.
For me, I use Stocks Café Stock Screener to screen for a list of REITs that meet my predefined criteria so that I have a shorter list of REITs to analyse. Below are the criteria that I used to screen for dividend stocks. You can adjust them to fit your risk appetite.
- Market Capitalization >= 1B
- Current Yield (%) >= 5 and <= 10
- Price / Book <= 3
Market capitalization
Market capitalization, often referred to as “market cap”, is a critical metric in evaluating stocks. It represents the total market value of a company’s outstanding shares of stock. You calculate it by multiplying the company’s current share price by the total number of its outstanding shares.
Market cap helps categorize companies into large-cap stocks, mid-cap stocks and small-cap stocks. Large-cap stocks are usually established companies with a long history of stable performance (e.g., global giants like Apple or Microsoft). These are considered less risky investments.
Mid-cap stocks are companies that are in the growth phase and offer higher growth potential but may carry more risk than large-cap stocks.
Small-cap stocks are smaller companies, often newer and less stable, which have the potential for significant growth but come with higher risk.
Investors use market cap to assess a company’s size and stability, compare it with its peers, and diversify their portfolios across different cap categories depending on their risk tolerance and investment goals. While market cap is important, it’s not the only factor to consider; fundamentals like revenue, profitability, industry trends, and future growth prospects are also crucial.
Current Dividend Yield
Dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. It’s calculated as: Dividend Yield (%) = (Annual Dividends Per Share / Current Stock Price) × 100
Price / Book (PB Ratio)
The price-to-book (P/B) ratio is a valuation metric used to assess whether a stock is undervalued or overvalued relative to its book value. It’s calculated as: P/B Ratio = Market Price Per Share / Book Value Per Share
A P/B ratio lower than 1 could indicate that the stock is undervalued, while a higher P/B ratio might suggest it’s overvalued, assuming other factors remain constant.
Best REITs to Invest in April 2025
Every start of the month, I will screen for a list of REITs which becomes my watchlist. Below is a list of Singapore REITs that I screened using Stocks Café Stock Screener, sorted from the highest current dividend yield to the lowest.
This is important. Please read up their latest financial results and DO NOT BUY the below REITs blindly based on their current dividend yield.
Do watch my video 6 Terms to Know as A REIT Investor before investing in them. Also watch my video on different type of REITs in Singapore so that you know how to diversify your REITs portfolio.
Below is the list of REITs for April 2025.
Frasers Logistics & Commercial Trust (SGX:BUOU)
Market Capitalization: SGD 3.4B
Current Dividend Yield: 7.43%
Price to Equity: 23.307
Price to Book: 0.805
Net Asset Value (NAV): SGD 1.136
Closing Price (28-Mar-25): SGD 0.915
AIMS APAC (SGX:O5RU)
Market Capitalization: SGD 1B
Current Dividend Yield: 7.43%
Price to Equity: 23.362
Price to Book: 0.721
Net Asset Value (NAV): SGD 1.763
Closing Price (28-Mar-25): SGD 1.27
Starhill Global Reit (SGX:P40U)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 7.30%
Price to Equity: 17.255
Price to Book: 0.662
Net Asset Value (NAV): SGD 0.756
Closing Price (28-Mar-25): SGD 0.5
Far East Hospitality Trust (SGX:Q5T)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 7.15%
Price to Equity: 24.374
Price to Book: 0.615
Net Asset Value (NAV): SGD 0.919
Closing Price (28-Mar-25): SGD 0.565
CapitaLand Ascott Trust (SGX:HMN)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 7.01%
Price to Equity: 14.564
Price to Book: 0.692
Net Asset Value (NAV): SGD 1.257
Closing Price (28-Mar-25): SGD 0.87
Lendlease Reit (SGX:JYEU)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 6.99%
Price to Equity: 21.634
Price to Book: 0.561
Net Asset Value (NAV): SGD 0.909
Closing Price (28-Mar-25): SGD 0.51
PARAGON REIT (SGX:SK6U)
Market Capitalization: SGD 2.8B
Current Dividend Yield: 6.70%
Price to Equity: 8.988
Price to Book: 1.034
Net Asset Value (NAV): SGD 0.938
Closing Price (28-Mar-25): SGD 0.97
Mapletree Pan Asia Commercial Trust (SGX:N2IU)
Market Capitalization: SGD 6.6B
Current Dividend Yield: 6.69%
Price to Equity: 14.749
Price to Book: 0.703
Net Asset Value (NAV): SGD 1.778
Closing Price (28-Mar-25): SGD 1.25
Keppel Reit (SGX:K71U)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 6.51%
Price to Equity: 33.403
Price to Book: 0.637
Net Asset Value (NAV): SGD 1.351
Closing Price (28-Mar-25): SGD 0.86
CDL Hospitality Trust (SGX:J85)
Market Capitalization: SGD 1B
Current Dividend Yield: 6.49%
Price to Equity: 71.547
Price to Book: 0.563
Net Asset Value (NAV): 1.456
Closing Price (28-Mar-25): SGD 0.82
Mapletree Industrial Trust (SGX:ME8U)
Market Capitalization: SGD 6B
Current Dividend Yield: 6.46%
Price to Equity: 50.024
Price to Book: 1.138
Net Asset Value (NAV): SGD 1.846
Closing Price (28-Mar-25): SGD 2.1
Mapletree Logistics Trust (SGX:M44U)
Market Capitalization: SGD 6.6B
Current Dividend Yield: 6.34%
Price to Equity: 24.283
Price to Book: 0.897
Net Asset Value (NAV): SGD 1.46
Closing Price (28-Mar-25): SGD 1.31
Ascendas REIT (SGX:A17U)
Market Capitalization: SGD 11.7B
Current Dividend Yield: 5.69%
Price to Equity: 15.56
Price to Book: 1.14
Net Asset Value (NAV): SGD 2.343
Closing Price (28-Mar-25): SGD 2.67
Frasers Centrepoint Trust (SGX:J69U)
Market Capitalization: SGD 4B
Current Dividend Yield: 5.58%
Price to Equity: 19.993
Price to Book: 0.949
Net Asset Value (NAV): SGD 2.297
Closing Price (28-Mar-25): SGD 2.18
Suntec Reit (SGX:T82U)
Market Capitalization: SGD 3.5B
Current Dividend Yield: 5.25%
Price to Equity: 30.57
Price to Book: 0.543
Net Asset Value (NAV): SGD 2.174
Closing Price (28-Mar-25): SGD 1.18
CapitaLand Integrated Commercial Trust (SGX:C38U)
Market Capitalization: SGD 15.4B
Current Dividend Yield: 5.18%
Price to Equity: 16.415
Price to Book: 0.987
Net Asset Value (NAV): SGD 2.127
Closing Price (28-Mar-25): SGD 2.1