Are you looking for Singapore REITs to buy in November 2025? Investing in Singapore REITs has been a reliable and rewarding way to grow my passive income. Over the past year alone, I collected S$19,000 in dividends, each payout reinvested methodically back into the market. This consistent reinvestment, powered by the magic of compounding, helped me achieve a financial milestone I set for myself five years ago.
What makes REITs especially appealing is their simplicity and accessibility. With most distributing dividends quarterly or semi-annually, they offer a steady stream of income that can be reinvested or used to support lifestyle goals. For anyone looking to build a sustainable passive income stream, REITs remain one of the most straightforward and effective tools in the Singapore market.
How to Buy REITs
To buy REITs, you must first identify what REITs you want to buy. One of the key techniques I rely on in REIT investing is stock screening, a methodical process of filtering through a wide universe of stocks based on specific financial criteria. In Singapore, stock screening helps narrow down potential REIT opportunities by focusing on metrics like dividend yield, P/E ratio, gearing levels, and more.
With the abundance of screening tools available today, it is easy to generate a shortlist of high-quality REITs that meet your investment objectives. These platforms allow you to compare REITs side by side, assess their current yields, and make informed decisions backed by data. For anyone serious about building passive income through REITs, stock screening is an indispensable part of the toolkit.
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’s 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.
Singapore REITs to Buy in November 2025
Using the Stocks Café Stock Screener, I filtered for Singapore-listed REITs that meet my dividend-focused criteria:
- Market Capitalization ≥ S$1 billion
- Dividend Yield between 5% and 10%
- Price-to-Book Ratio ≤ 3
This screening helps me focus on REITs with solid fundamentals, attractive yields, and reasonable valuations. Here is the shortlist generated in November 2025:
Far East Hospitality Trust (SGX:Q5T)
Market Capitalization: SGD 1.2B
Current Dividend Yield: 7.16%
Price to Equity: 34.047
Price to Book: 0.668
Net Asset Value (NAV): SGD 0.906
Closing Price (31-Oct-25): SGD 0.605
AIMS APAC (SGX:O5RU)
Market Capitalization: SGD 1.1B
Current Dividend Yield: 6.96%
Price to Equity: 34.322
Price to Book: 0.747
Net Asset Value (NAV): SGD 1.847
Closing Price (31-Oct-25): SGD 1.38
Keppel Reit (SGX:K71U)
Market Capitalization: SGD 4.2B
Current Dividend Yield: 6.80%
Price to Equity: 25.825
Price to Book: 0.8
Net Asset Value (NAV): SGD 1.313
Closing Price (31-Oct-25): SGD 1.05
Frasers Logistics & Commercial Trust (SGX:BUOU)
Market Capitalization: SGD 3.7B
Current Dividend Yield: 6.62%
Price to Equity: 26.757
Price to Book: 0.882
Net Asset Value (NAV): SGD 1.083
Closing Price (31-Oct-25): SGD 0.955
CapitaLand Ascott Trust (SGX:HMN)
Market Capitalization: SGD 3.6B
Current Dividend Yield: 6.43%
Price to Equity: 16.068
Price to Book: 0.771
Net Asset Value (NAV): SGD 1.226
Closing Price (31-Oct-25): SGD 0.945
CapitaLand China Trust (SGX:AU8U)
Market Capitalization: SGD 1.4B
Current Dividend Yield: 6.41%
Price to Equity: 1,757.555
Price to Book: 0.726
Net Asset Value (NAV): SGD 1.101
Closing Price (31-Oct-25): SGD 0.8
Starhill Global Reit (SGX:P40U)
Market Capitalization: SGD 1.3B
Current Dividend Yield: 6.29%
Price to Equity: 12.243
Price to Book: 0.765
Net Asset Value (NAV): SGD 0.758
Closing Price (31-Oct-25): SGD 0.58
Mapletree Industrial Trust (SGX:ME8U)
Market Capitalization: SGD 6.1B
Current Dividend Yield: 6.21%
Price to Equity: 17.924
Price to Book: 1.188
Net Asset Value (NAV): SGD 1.793
Closing Price (31-Oct-25): SGD 2.13
Mapletree Logistics Trust (SGX:M44U)
Market Capitalization: SGD 6.8B
Current Dividend Yield: 5.66%
Price to Equity: 37.607
Price to Book: 0.973
Net Asset Value (NAV): SGD 1.377
Closing Price (31-Oct-25): SGD 1.34
Lendlease Reit (SGX:JYEU)
Market Capitalization: SGD 1.6B
Current Dividend Yield: 5.62%
Price to Equity: 29.876
Price to Book: 0.729
Net Asset Value (NAV): SGD 0.877
Closing Price (31-Oct-25): SGD 0.64
Mapletree Pan Asia Commercial Trust (SGX:N2IU)
Market Capitalization: SGD 7.6B
Current Dividend Yield: 5.53%
Price to Equity: 11.026
Price to Book: 0.803
Net Asset Value (NAV): SGD 1.793
Closing Price (31-Oct-25): SGD 1.44
Ascendas REIT (SGX:A17U)
Market Capitalization: SGD 13B
Current Dividend Yield: 5.38%
Price to Equity: 18.448
Price to Book: 1.25
Net Asset Value (NAV): SGD 2.256
Closing Price (31-Oct-25): SGD 2.82
Frasers Centrepoint Trust (SGX:J69U)
Market Capitalization: SGD 4.8B
Current Dividend Yield: 5.18%
Price to Equity: 23.759
Price to Book: 1.001
Net Asset Value (NAV): SGD 2.337
Closing Price (31-Oct-25): SGD 2.34
Each REIT on this list warrants deeper analysis, especially around portfolio quality, gearing levels, and distribution sustainability. Screening is just the first step. Due diligence is where conviction is built.