Should I buy Ascendas REIT stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Ascendas REIT for over three years. Every month, hundreds of thousands of users in Singapore trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by Ascendas REIT.

What is Ascendas REIT?

The price of Ascendas REIT stock

The price of Ascendas REIT stock is rising this week. The current price stands at SGD 2.74, with a slight 24-hour decrease of 0.36% but a weekly gain of +1.86%. Market capitalization is SGD 12.62 billion, and average trading volume over the last three months is 12.58 million units. Ascendas REIT posts a P/E ratio of 16.12, offers an attractive 5.28% dividend yield, and its beta of 0.50 reflects lower volatility than the overall market. This combination of stability and consistent distribution makes Ascendas REIT a compelling choice for income-oriented investors seeking exposure to Singapore's property sector.

Our full analysis of the Ascendas REIT stock

After closely reviewing Ascendas REIT’s most recent financial statements and analyzing its robust three-year track record, we have leveraged proprietary algorithms to combine a spectrum of data: financial metrics, technical signals, market context, and peer positioning. This rigorous process allows us to isolate key trends and identify sources of alpha overlooked by conventional analysis. So, why might Ascendas REIT stock once again become a strategic entry point into the business and industrial real estate sector in 2025?

Recent performance and market context

Ascendas REIT has demonstrated notable resilience and upward momentum, with its share price at SGD 2.74 as of July 2025, reflecting a weekly gain of 1.86% and a steady advance of 6.61% over the last year. This trend is underscored by robust fundamentals, including a market capitalisation of SGD 12.62 billion and a consistently strong trading volume averaging 12.58 million units over the last three months—a sign of deep and sustained investor interest. The REIT’s continued expansion into technology and logistics real estate, notably marked by recent SGD 700.2 million acquisitions in Singapore, underlines a clear growth trajectory. This move capitalizes on ongoing urbanisation, e-commerce and digitalisation trends driving demand for high-value assets across the city-state and beyond.

At the macro level, Singapore’s economic stability, coupled with attractive real estate yields and the rise of sectors like digital infrastructure, reinforce a positive operating environment. At a time when global REITs face challenges from interest rate cycles and uneven regional recovery, Ascendas REIT’s focus on high-occupancy assets and diversified tenants offers an attractive counter-cyclical play for SGD-based investors.

Technical analysis

Technical readings reinforce this positive outlook. Current indicators as of July 2025 show a neutral-to-bullish structure, with an RSI of 67.7 pointing to ongoing strength without approaching unsustainable levels. The MACD reading is also decisively positive at 0.03, indicating sustained buying pressure and a technical “buy” signal from short and medium-term oscillators. Furthermore, the alignment of key moving averages—all clustered at or just below SGD 2.64 (20, 50, 100, and 200-day)—suggests a period of solid upward consolidation, enhancing the probability of bullish breakouts, especially toward the upper resistance zone of SGD 2.79–2.94.

Robust support levels at SGD 2.59–2.60, combined with a technical “Strong Buy” consensus from a majority of algorithmic models and moving average signals, mean that Ascendas REIT appears firmly anchored at a technical low, offering a promising zone for accumulation. This market structure is attractive for both trend followers seeking medium-term upside and value-oriented investors eyeing favourable entry points on pullbacks.

Fundamental analysis

The REIT’s fundamentals add further conviction. Over the trailing twelve months, Ascendas REIT generated SGD 1.52 billion in revenue and SGD 746.06 million in net profit, with a highly competitive profit margin of 49.56%. Its price/earnings ratio stands at an undemanding 16.12, positioning it below historical averages for quality Singapore-based business real estate and presenting a compelling value proposition relative to other global peers.

Meanwhile, projected revenue is set to reach SGD 1.54 billion for 2025 and SGD 1.6 billion by 2026, reflecting not only stable organic growth, but also management’s ability to capture upside through strategic asset additions and a dynamic portfolio approach in both the technology and logistics sectors. The current dividend yield of 5.28% further supports the total return profile—an especially salient feature for income-focused investors seeking yield premium in a low-beta context (with a beta of 0.50).

The REIT’s structural advantages—its reputation as Singapore’s largest and most credible industrial REIT, diversified exposure, and strong tenant base (including blue-chip names such as Singtel, SEA Group, and Stripe)—underscore its status as a high-quality core holding.

Volume and liquidity

Liquidity is another compelling strength. An average daily trading volume of 12.58 million units secures tight bid-ask spreads and consistent price formation, offering investors both flexibility and confidence when building or adjusting positions. Ascendas REIT’s sizable free float (approximately 74%) and significant institutional participation further support dynamic pricing, enhance valuation visibility, and fortify the stock’s ability to swiftly attract both institutional and retail capital in reaction to fresh catalysts.

Catalysts and positive outlook

• Technological expansion: New investments in data centres and logistics assets directly address structural growth in Singapore’s and Asia-Pacific’s digital economies.
• Geographic diversification: Recent acquisitions in the United States, UK, and Australia reduce concentration risk and open new value-creation channels.
• Sustainability leadership: An MSCI AA ESG rating affirms best-in-class environmental stewardship—a crucial differentiator for the growing ESG investment market.
• Robust leasing profile: A high occupancy rate of 91.5% and positive rental reversions provide stable cash flows and recurring earnings visibility.
• Market leadership: As the benchmark for industrial and business park REITs in Singapore, Ascendas REIT is often the first pick for both local and international funds reallocating into the sector.
• Innovation: The REIT’s transitions into sectors such as high-tech manufacturing and e-commerce logistics position it well for continued secular growth.

Unique to the Singapore context, the REIT is also benefiting from favourable policy initiatives promoting digital transformation and infrastructure renewal, further strengthening its prospects.

Investment strategies

For those seeking short-term exposure, Ascendas REIT’s recent technical breakout above key moving averages and support near SGD 2.60 offer attractive risk-adjusted entry points, particularly with the approach of upcoming results announcements or major acquisitions.

Medium-term investors can capitalise on the REIT’s consistent revenue and profit growth, stable dividend payout, and the potential for further upward re-rating as the market acknowledges its sector-leading balance sheet and operational resilience.

Long-term, Ascendas REIT stands out as a total-return vehicle, providing sustainable cash flow via dividends, inflation protection due to real asset exposure, and secular upside linked to ongoing economic and technological trends in Singapore and globally. Those with a multi-year outlook may find exceptional value in accumulating positions on technical consolidation phases.

Is it the right time to buy Ascendas REIT?

Summarising the evidence, Ascendas REIT currently combines technical momentum, strong fundamental value, and favourable market positioning in a manner rarely seen among SGX-listed real estate names. Its discounted valuation, robust cash flows, proven management, and active role in Singapore’s digital and economic growth highlight why Ascendas REIT seems to represent an excellent opportunity for new or added exposure to the industrial and business real estate sector.

With technical, fundamental, and macro tailwinds all converging, the stock may be entering a new bullish phase—one that justifies serious consideration from both yield-oriented and total-return investors in Singapore. As a core portfolio holding, Ascendas REIT stands uniquely equipped to capture the upside of the next property and digital infrastructure cycle, making this a timely and compelling consideration for those seeking strategic growth and stability in a dynamic investment landscape.

How to buy Ascendas REIT stock in Singapore?

Buying Ascendas REIT stock online is straightforward and secure when you use a regulated broker in Singapore. The two main methods available to retail investors are direct spot (cash) purchases and trading via Contracts for Difference (CFDs), each with their own advantages and fee structures. Spot buying allows you to own the shares, while CFDs offer leveraged exposure without ownership. To help you make the best choice, you’ll find a full broker comparison further down the page.

Spot buying

Buying Ascendas REIT stock for cash means becoming a direct shareholder and benefiting from dividends and potential capital gains. Most Singapore brokers charge a fixed commission per order, usually SGD 5 to SGD 20, depending on the platform.

Gain Scenario: Ascendas REIT

If the Ascendas REIT share price is SGD 2.74, you can buy around 364 shares with a SGD 1,000 stake, including a typical brokerage fee of about SGD 5.
✔️ Gain scenario:
If the share price rises by 10%, your shares are now worth SGD 1,100.
Result: +SGD 100 gross gain, or +10% on your investment.

Trading via CFD

CFD trading on Ascendas REIT shares allows you to speculate on price movements using leverage, without owning the underlying shares. Fees include a spread (the difference between buying and selling price) and overnight financing costs if you hold positions open for more than a day.

CFD Gain Scenario: Ascendas REIT

You open a CFD position on Ascendas REIT shares, with 5x leverage and an initial SGD 1,000 deposit.

This gives you market exposure of SGD 5,000.

✔️ Gain scenario:

If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +SGD 400 gain on your SGD 1,000 trade, not counting fees.

Final advice

Before investing, it’s smart to compare brokers’ fees, minimum amounts, and available platforms, as costs and features can make a real difference to your returns. Each method—spot buying or CFDs—has its own benefits, so your choice should be based on your investment goals and risk tolerance. To help decide, refer to our comprehensive broker comparison table further down this page.

Our 7 tips for buying Ascendas REIT stock

The latest news about Ascendas REIT

Ascendas REIT’s weekly share price rises 1.86%, outperforming several SG REIT peers. Recent SGX trading sessions saw Ascendas REIT close at SGD 2.74, with higher liquidity and stable buying interest, reflecting renewed investor confidence in Singapore-listed industrial REITs amid signs of local property market resilience.

The REIT’s strategic acquisition of two Singapore properties valued at SGD 700.2 million strengthens its local asset base. This transaction, completed in late June, focuses on expanding in core technology and logistics sectors, directly enhancing portfolio quality and driving stable rental cashflows for local investors.

Ascendas REIT completes SGD 500 million private placement, reinforcing capital structure and capacity for expansion in Singapore. Strong demand from regional institutional investors highlights confidence in management and growth outlook, providing new funds for strategic investments within the city-state and supporting future DPU (distribution per unit) stability.

Portfolio occupancy remains robust at 91.5% with positive rental reversions, underlining resilience in Singapore’s commercial property sector. The REIT’s latest filing confirms stable occupancy and continued positive leasing activity across its Singapore portfolio, supporting income visibility and reducing near-term risk for SG investors.

Technical consensus signals “Strong Buy” for Ascendas REIT driven by bullish technical indicators and favorable momentum. Multiple technical models, including moving average crossovers and a neutral RSI of 67.7, reflect strong upward momentum in the price, with several analysts upgrading their near-term outlook for the REIT in Singapore’s evolving REIT landscape.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.