Should I buy Capitaland Ascott Trust stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Capitaland Ascott Trust for over three years. Every month, hundreds of thousands of users in Singapore trust us to decipher 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, compensated by Capitaland Ascott Trust.

Understanding Capitaland Ascott Trust

What is the price of Capitaland Ascott Trust stock?

The price of Capitaland Ascott Trust stock is rising this week. The current share price is S$0.890, with a 24-hour gain of 0.56% and a weekly increase of 0.56%. The trust’s market capitalization now stands at S$3.38 billion, and the average daily volume over the past three months is 4.84 million shares. The P/E Ratio is 19.6, offering a perspective on valuation, while the dividend yield is a strong 6.89%. Stock beta is 0.75, signaling moderate volatility, which may appeal to investors seeking a balance of income and stability.

Our full analysis of the Capitaland Ascott Trust stock

We have conducted a comprehensive review of Capitaland Ascott Trust’s recent financial outcomes and share price performance over the past three years. Our analysis utilises a proprietary blend of leading financial indicators, quantitative technical signals, peer benchmarking, and market intelligence. So, why might Capitaland Ascott Trust stock once again become a strategic entry point into the hospitality-focused REIT sector in 2025?

Recent performance and market context

Capitaland Ascott Trust (CLAS) has shown notable resilience and subtle growth in its share price. Trading at S$0.890 as of early July 2025—with an intraday upward move of +0.56%—CLAS has maintained positive traction, delivering a modest yet positive +1.14% gain over the past year. Despite sector volatility, the Trust remains near the upper range of its 52-week band (S$0.770–S$0.985), indicating underlying investor confidence. The Trust’s recent acquisition of two premium Japanese hotel assets in 2025 and consistent improvements across key operational markets like Singapore and Australia have further reinforced its growth narrative. At a time when Asia-Pacific tourism and corporate travel recover steadily, CLAS’s positions in gateway cities and growth in key markets ensure it stands to capitalise on rising demand for serviced lodging.

A confluence of favourable macroeconomic factors underpins this performance. The gradual revival of global business travel, supported by increasing intra-Asia connectivity and growing affluence in the region, has bolstered hospitality REITs. Singapore’s robust regulatory environment, reinforced by recovery-centric policies and an investment-friendly climate, further boosts confidence. As the largest lodging trust in Asia-Pacific, CLAS benefits from a diversified, high-quality asset base and access to broad capital markets, providing strategic advantages over smaller, concentrated peers.

Technical analysis

From a technical standpoint, Capitaland Ascott Trust is demonstrating persistent underlying momentum. The 14-day RSI stands at 54.66, reflecting a comfortably neutral stance—avoiding both overextended selloffs and short-term overbuying. The MACD is marginally in buy territory (0.001), hinting at the early stages of a new bullish phase. All key moving averages (5-day: S$0.889, 20-day: S$0.887, 50-day: S$0.863, 100-day: S$0.878, 200-day: S$0.874) position the stock firmly above short- and long-term supports, confirming the presence of steady ascending momentum.

Support is notably strong at the S$0.85 mark, a pivotal level that has held through recent market consolidations. The current pivot point sits at S$0.875, with clear resistance at S$0.915—a technical band that may serve as the next inflection area for upward price discovery. Technical consensus leans “Strong Buy”, with an increasing number of momentum signals and a lack of pronounced bearish divergence. The Trust’s moderate beta of 0.75 points toward less dramatic volatility than the market, enhancing its appeal for investors seeking a growth-oriented REIT with reasonable risk exposure.

Fundamental analysis

CLAS’s fundamentals offer a compelling picture. For FY2024, gross revenues reached S$809.5 million, with EBITDA at a robust S$331.05 million and a margin near 30%. Q1 2025 results reveal continued progress: revenue and gross profit saw respective increases of 2% and 4% year-on-year, while Revenue per Available Unit (RevPAU) jumped 9% in most major markets—a testament to effective repositioning and asset optimisation in recovering geographies.

With a current 2025 P/E ratio of 19.6x and a price-to-book ratio of 0.71, CLAS is attractively valued compared to both regional and global hospitality REIT peers. The Trust’s generous forward dividend yield of 6.89% stands well above the sector norm, appealing to income-focused investors seeking reliable passive income. A distribution payout rate above 90%, yet with prudent liquidity and free cash flow, demonstrates a strong capacity for ongoing rewards while supporting prudent reinvestment. Importantly, its 5-year average dividend yield of 5.07% sets a historical context of steady shareholder return through cycles.

Structurally, CLAS is fortified by a highly diversified S$8.8 billion asset base covering almost 100 premium properties and more than 18,000 units in 45 cities across 16 countries. This provides natural hedges against local shocks and opportunities to benefit from global tourism rebounds and corporate lodging demand. The Trust operates under well-recognised brands—Ascott, Citadines, Somerset, and Quest—ensuring robust customer demand and long-term repeat business from enterprise clients.

Volume and liquidity

A key element behind CLAS’s enduring appeal is its liquidity profile. The Trust boasts daily trade volumes averaging 4.84 million shares over three months—evidence of sustained institutional and retail engagement. With a floating share base of 98.81%, CLAS ensures dynamic price discovery and access, empowering both long-term and tactical market participants. Its market capitalisation (S$3.38 billion) guarantees inclusion in major indices and sector funds, further supporting liquidity and valuation stability. Such characteristics are critical for Singaporean investors who value flexibility and confidence that they can enter and exit significant positions without unduly impacting price.

Catalysts and positive outlook

• Strategic portfolio expansion: The recent acquisition of high-potential Japanese assets expands CLAS’s reach and strengthens its earnings base in resilient markets.
• Sector recovery: Continued reopening of major Asia-Pacific travel corridors and strengthening corporate lodging demand position CLAS at the forefront of a sector upcycle.
• Technological adoption and operational optimisation: Investments in property technology and sustainability initiatives improve operational efficiency, enhance guest experiences, and support ESG credentials—appealing to a more environmentally conscious investor base.
• Robust sponsor and management: Backed by CapitaLand Investment (9CI), one of Asia’s leading real estate groups, CLAS enjoys access to deep resources, development pipelines, and capital markets.
• Favourable analyst consensus and projections: A consensus target price of S$1.04 (with calculations pointing as high as S$1.16) implies double-digit upside potential from current levels, with multiple research houses reiterating "Outperform" views for FY2025 and FY2026.
• Dividend stability: With an anticipated yield near 7%, ongoing cash distribution to unitholders is likely to remain compelling for income-seeking investors.

All these elements underline not only the strength of the Trust’s business model, but also its ability to adapt to new sector realities—making CLAS a preferred option within the SGX REIT universe.

Investment strategies

• Short-term: Investors may look to build initial positions on pullbacks toward the S$0.85–S$0.875 support zone or on confirmation of breakout moves above the S$0.915 resistance. The stock’s moderate volatility enables disciplined accumulation without excessive price swings.
• Medium-term: Those with a 6–12 month view may capitalise on upcoming catalysts such as earnings reports (Q2 2025 due late July) and potential dividend declarations, which can serve as positive share price triggers.
• Long-term: Investors seeking consistent income and capital preservation should value CLAS’s high historical and forward yield, recurring cash flows from a diversified global portfolio, and ongoing expansion in high-growth Asian markets.

Across all horizons, prudent risk management—including position sizing and stop-loss strategies—can further enhance risk-adjusted returns, while the stock’s lower beta supports resilience during periods of broader volatility.

Is it the right time to buy Capitaland Ascott Trust?

In conclusion, Capitaland Ascott Trust’s blend of attractive yields, solid operational execution, global portfolio diversity, and robust liquidity positions it as a unique opportunity within Singapore’s REIT market. Its strong sponsor support, dynamic sector outlook, and consistent analyst endorsement all signal potential for renewed upside in 2025 and beyond. Ongoing portfolio enhancements and well-timed acquisitions are set to drive sustainable earnings growth, while generous dividend policies provide a cushion for volatility and market downturns.

For investors searching for a compelling mix of income and growth exposure in Asia-Pacific real estate, Capitaland Ascott Trust stands out. The Trust's entry point appears strategically favourable at current levels, with technical and fundamental indicators both pointing to a new phase of positive momentum.

Capitaland Ascott Trust may therefore represent an excellent opportunity for investors seeking stability, visibility, and upside participation in the hospitality REIT sector at a decisive time for the Asia-Pacific lodging market.

How to buy Capitaland Ascott Trust stock in Singapore?

Buying Capitaland Ascott Trust shares online is simple and secure when you use a regulated broker in Singapore. Investors can choose between spot buying—where you own the shares directly—or trading via CFDs (Contracts for Difference), which allows for leveraged trading without ownership. Both approaches provide easy online access, real-time pricing and transparency. For a detailed broker comparison, see further down this page.

Cash buying

A cash purchase means you directly own Capitaland Ascott Trust shares listed on the SGX. You pay the full share price plus typical fees, such as a fixed commission of around S$5 per order with most Singapore brokers.

Capitaland Ascott Trust: Gain Scenario Example

If the Capitaland Ascott Trust share price is S$0.89, you can buy around 1,115 shares with a S$1,000 stake, including a brokerage fee of about S$5.

Gain scenario:
If the share price rises by 10%, your shares are now worth S$1,100.
Result: +S$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading lets you speculate on the price movement of Capitaland Ascott Trust shares, using leverage to amplify exposure. You do not own the actual shares, but can benefit from price changes. Main fees include the spread (difference between buy and sell price) and overnight financing if the position is held beyond one day.

CFD Trading Example: Gain Scenario

You open a CFD position on Capitaland Ascott Trust shares, with 5x leverage and a S$1,000 stake.

This gives a market exposure of S$5,000.

✔️ Gain scenario:

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

Result: +S$400 gain, on a bet of S$1,000 (excluding fees).

Final advice

Before investing, always compare each broker’s fees, trading platforms and other terms, as they can impact your returns. Ultimately, the best method—cash buying or CFD trading—depends on your objectives and investment profile. For an in-depth fee and broker analysis, check out the comparison tool below.

Our 7 tips for buying Capitaland Ascott Trust stock

The latest news about Capitaland Ascott Trust

Capitaland Ascott Trust shares recorded a positive 0.56% price increase in the past week. The unit price closed at S$0.890 as of July 7, 2025, reflecting modest outperformance compared to other Singapore-listed hospitality REITs. This resilience is notable amid stable regional tourism demand and renewed investor appetite for income-producing assets.

Strong analyst consensus and upward price targets are supporting market sentiment around Capitaland Ascott Trust. Leading brokerages including OCBC Investment Research and PhillipCapital reaffirmed “Buy” recommendations with target prices ranging from S$0.99 to S$1.05. The current consensus target is S$1.04, representing a projected upside of about 17.5% from current levels.

Capitaland Ascott Trust maintained a robust dividend yield, appealing to SG’s income-focused investors. The annualized dividend yield stands at 6.89%, significantly above the 5-year average for local S-REITs. This stability in payout, based on a high distribution ratio, underpins continued local investor confidence despite mild sector volatility.

Recent operational metrics show improving fundamentals and rising occupancy across key Singapore and APAC markets. Q1 2025 data revealed a 9% year-on-year increase in RevPAU (Revenue per Available Unit) in most core markets, complemented by a 2% revenue and 4% gross profit growth. Occupancy improvements within Singapore properties reflect rising business and leisure travel.

Technical signals for Capitaland Ascott Trust remain constructive, reinforcing the REIT’s near-term momentum. Major technical indicators (MACD, RSI, 5–200 day moving averages) all signal “Buy” with the security trading close to its key resistance at S$0.915. Trading volumes remain healthy, supporting liquidity and investor participation on the SGX.

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.