Singapore REITs outperformed the Stock Exchange in 2021, with total returns of 5.1 percent and a market value of S$106 billion.
S-REITs market offers the highest dividend yield of 5.1 percent compared with other major asset classes in Singapore. In terms of performance, over the last ten years, S-REITs have averaged an annualized total return of 10.7 percent and 90-day volatility of 10.5 percent, which is competitive among significant equity indexes.
S-REITs continued to maintain turnover growth in 2020, with 43 property trusts generating 26 percent of the stock market’s S$1.23 billion average daily turnovers, whereas the REIT Sector contributed 24 percent to Singapore’s overall stock market turnover in 2019.
A yearly statistical data released by the REIT Association of Singapore shows that S-REITs performance is way beyond the stock exchange (SGX), so we see this claim as accurate.