As we embark into the new year, what is Singapore REITs Dividend Yield in 2025? Based on Keppel DC REIT share price or Keppel REIT share price, are you wondering what is their current dividend yield? Investing in Singapore REITs is an excellent way to build up your passive income.
In 2024, I collected a total of S$19,705.08 in passive income. The majority of my passive income comes from the dividends paid out by REITs in my stock portfolio. Besides REITs, I also invest in Singapore Savings Bond and Treasury Bills (T Bills). 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.
In December 2024, the Fed announced their third interest rate cut. This meant that the benchmark federal funds rate will sit at a range of 4.25% to 4.5%. The interest rate cut by the Federal Reserve has had a positive impact on Singapore Real Estate Investment Trusts (REITs). Lower interest rates mean that borrowing costs for REITs are reduced, leading to increased profitability.
This has led to a rise in REIT prices as investors flock to these assets for their attractive yields. Additionally, lower interest rates make REITs a more attractive investment option compared to other fixed income securities. Overall, the Fed’s decision to cut interest rates has provided a boost to Singapore REITs, making them a favourable investment choice for investors seeking stable returns.
How to Find Singapore REITs to Buy?
As shared in my previous post, 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
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.
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.
Singapore REITs Dividend Yield in 2025
CapitaLand China Trust (SGX:AU8U)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 8.35%
Price to Equity: 78.122
Price to Book: 0.575
Net Asset Value (NAV): SGD 1.252
Closing Price (31-Dec-24): SGD 0.72
Frasers Logistics and Commercial Trust (SGX:BUOU)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 7.73%
Price to Equity: 22.416
Price to Book: 0.775
Net Asset Value (NAV): SGD 1.136
Closing Price (31-Dec-24): SGD 0.88
PARAGON REIT (SGX:SK6U)
Market Capitalization: SGD 2.5B
Current Dividend Yield: 7.69%
Price to Equity: 9.798
Price to Book: 0.843
Net Asset Value (NAV): SGD 1.044
Closing Price (31-Dec-24): SGD 0.88
AIMS APAC (SGX:O5RU)
Market Capitalization: SGD 1B
Current Dividend Yield: 7.50%
Price to Equity: 22.994
Price to Book: 0.709
Net Asset Value (NAV): SGD 1.763
Closing Price (31-Dec-24): SGD 1.25
Starhill Global Reit (SGX:P40U)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 7.26%
Price to Equity: 18.068
Price to Book: 0.659
Net Asset Value (NAV): SGD 0.759
Closing Price (31-Dec-24): SGD 0.5
Mapletree Pan Asia Commercial Trust (SGX:N2IU)
Market Capitalization: SGD 6.4B
Current Dividend Yield: 7.07%
Price to Equity: 13.896
Price to Book: 0.689
Net Asset Value (NAV): SGD 1.756
Closing Price (31-Dec-24): SGD 1.21
Lendlease Reit (SGX:JYEU)
Market Capitalization: SGD 1.3B
Current Dividend Yield: 7.03%
Price to Equity: 22.447
Price to Book: 0.591
Net Asset Value (NAV): SGD 0.93
Closing Price (31-Dec-24): SGD 0.55
OUE REIT (SGX:TS0U)
Market Capitalization: SGD 1.5B
Current Dividend Yield: 6.91%
Price to Equity: 7.797
Price to Book: 0.475
Net Asset Value (NAV): SGD 0.6
Closing Price (31-Dec-24): SGD 0.285
Far East Hospitality Trust (SGX:Q5T)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 6.77%
Price to Equity: 10.451
Price to Book: 0.659
Net Asset Value (NAV): SGD 0.926
Closing Price (31-Dec-24): SGD 0.61
CapitaLand Integrated Commercial Trust (SGX:C38U)
Market Capitalization: SGD 14.1B
Current Dividend Yield: 6.76%
Price to Equity: 15.52
Price to Book: 0.909
Net Asset Value (NAV): SGD 2.124
Closing Price (31-Dec-24): SGD 1.93
Mapletree Logistics Trust (SGX:M44U)
Market Capitalization: SGD 6.4B
Current Dividend Yield: 6.74%
Price to Equity: 25.185
Price to Book: 0.877
Net Asset Value (NAV): SGD 1.448
Closing Price (31-Dec-24): SGD 1.27
CDL Hospitality Trust (SGX:J85)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 6.63%
Price to Equity: 8.791
Price to Book: 0.577
Net Asset Value (NAV): SGD 1.499
Closing Price (31-Dec-24): SGD 0.86
Keppel Reit (SGX:K71U)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 6.55%
Price to Equity: 27.003
Price to Book: 0.631
Net Asset Value (NAV): SGD 1.378
Closing Price (31-Dec-24): SGD 0.87
CapitaLand Ascott Trust (SGX:HMN)
Market Capitalization: SGD 3.3B
Current Dividend Yield: 6.49%
Price to Equity: 13.882
Price to Book: 0.695
Net Asset Value (NAV): SGD 1.252
Closing Price (31-Dec-24): SGD 0.87
Mapletree Industrial Trust (SGX:ME8U)
Market Capitalization: SGD 6.3B
Current Dividend Yield: 6.12%
Price to Equity: 52.544
Price to Book: 1.211
Net Asset Value (NAV): SGD 1.825
Closing Price (31-Dec-24): SGD 2.21
Keppel DC Reit (SGX:AJBU)
Market Capitalization: SGD 4.8B
Current Dividend Yield: 5.95%
Price to Equity: 35.161
Price to Book: 1.604
Net Asset Value (NAV): SGD 1.359
Closing Price (31-Dec-24): SGD 2.18
Ascendas REIT (SGX:A17U)
Market Capitalization: SGD 11.3B
Current Dividend Yield: 5.82%
Price to Equity: 74.971
Price to Book: 1.101
Net Asset Value (NAV): SGD 2.335
Closing Price (31-Dec-24): SGD 2.57
Frasers Centrepoint Trust (SGX:J69U)
Market Capitalization: SGD 3.9B
Current Dividend Yield: 5.71%
Price to Equity: 19.351
Price to Book: 0.919
Net Asset Value (NAV): SGD 2.297
Closing Price (31-Dec-24): SGD 2.11
ParkwayLife REIT (SGX:C2PU)
Market Capitalization: SGD 2.4B
Current Dividend Yield: 5.34%
Price to Equity: 21.631
Price to Book: 1.593
Net Asset Value (NAV): SGD 2.355
Closing Price (31-Dec-24): SGD 3.75