Should I buy Mapletree Industrial Trust stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Mapletree Industrial Trust 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, compensated by Mapletree Industrial Trust.

What is Mapletree Industrial Trust?

The Mapletree Industrial Trust stock price

The price of Mapletree Industrial Trust stock is slightly down this week. The stock currently trades at S$2.04, with a 0.97% decline over the past 24 hours but a modest 0.49% gain on the week. Market capitalization stands at S$5.82 billion, and the average three-month trading volume is 9.87 million shares. The P/E ratio is 17.00, the dividend yield is an attractive 6.65%, and the stock beta is a low 0.23, suggesting limited volatility. This stable profile offers an appealing mix of steady income and defensive qualities for Singapore-based investors.

Our Full Analysis of the Mapletree Industrial Trust Stock

Having thoroughly reviewed Mapletree Industrial Trust’s latest financial results and its stock performance over the past three years, this analysis draws upon a blend of leading financial metrics, technical signals, comparative sector data, and proprietary algorithmic insights. By integrating these diverse sources, we capture both immediate developments and structural shifts impacting the REIT and Singapore’s listed property sector as a whole. So, why might Mapletree Industrial Trust stock once again become a strategic entry point into the resilient logistics and data centre real estate segment in 2025?

Recent performance and market context

Mapletree Industrial Trust (MIT) remains a benchmark for stability and income generation on the SGX. Over the last year, the stock has demonstrated impressive resilience, with its current price at S$2.04, just above its 52-week low (S$1.83) and supported by a weekly gain of 0.49%. Recent months have seen a modest pullback (-10.13% over six months), offering attractive re-entry levels for investors seeking value. Notably, its S$5.82 billion market capitalization and average daily volume of nearly 10 million shares evidence both strong institutional interest and robust liquidity—an essential quality in today’s volatile environment.

Several recent developments underscore MIT’s positive momentum. The appointment of Lily Ler as CEO in July 2024 signaled strategic continuity and operational clarity. In parallel, MIT has accelerated diversification through major acquisitions, including a flagship mixed-use asset in Tokyo and the launch of key data center development phases in Osaka. These strategic moves have further cemented the trust’s international footprint, while also buffering portfolio performance against localised risks. In a challenging market context characterised by elevated interest rates and competitive pressures, Mapletree Industrial Trust’s consistent ability to maintain and even marginally increase its distribution per unit (+1% YoY for FY2024/25) demonstrates the defensive qualities and income reliability of its business model.

At the sector level, Singapore REITs with significant exposure to industrial and digital infrastructure remain especially well-positioned as beneficiaries of long-term shifts in logistics, e-commerce and data management. The increasing demand for data centre space, coupled with Singapore’s strategic standing as a regional data and logistics hub, continues to serve as a powerful macroeconomic tailwind for MIT. These supportive structural features provide a unique backdrop for Mapletree Industrial Trust’s growth—one that endows the trust with both resilience and forward momentum even in less favorable market cycles.

Technical analysis

Technical signals reinforce the thesis of a new bullish phase for MIT. The Relative Strength Index (RSI) currently stands at 47.18, a neutral zone indicating there is room for upside before overbought conditions emerge. The MACD is flat at 0.00, reinforcing ongoing price consolidation and suggesting an imminent directional move, while daily moving averages (50-day: S$2.04; 100-day: S$2.01; 200-day: S$1.98) have started to converge around the current price, signaling a potential inflection point. Importantly, the 100-day and 200-day averages provide underlying support, giving technical buyers added confidence.

Momentum oscillators such as the Stochastic and Williams %R are both in oversold territory (Stochastics: 11.11; Williams: -100), which frequently signals a short-term reversal opportunity for patient investors. Current support at S$2.04 (aligned with the 50-day moving average) and key resistance at S$2.07 frame a tight trading range; a break above resistance could prompt a strong follow-through towards consensus price targets, while downside appears limited by robust institutional support lines. Technical structure, therefore, augurs favorably for medium-term position building, especially for investors seeking entry ahead of renewed positive momentum.

Fundamental analysis

From a fundamental perspective, Mapletree Industrial Trust distinguishes itself with solid operating metrics and prudent strategic expansion, anchoring its reputation as a core holding for yield-focused investors.

• Revenue and earnings: FY2024/25 revenue reached S$711.8 million (+2.1% YoY) with net property income at S$531.5 million (+2% YoY), underscoring the trust’s operational resilience. Quarterly numbers were steady despite isolated portfolio headwinds, highlighting income durability across economic cycles.
• Attractive valuation: With a price/earnings ratio of 17.00 and a dividend yield of 6.65%, MIT offers both a reasonable entry point compared to peers and significant outperformance potential within the Singapore REIT landscape. Current valuation multiples reflect a conservative risk profile relative to sector peers, while offering one of the highest sustainable yields in the market.
• Strategic strengths: MIT continues to lead through ongoing sectoral innovation and a well-diversified portfolio. Its presence now stretches across Singapore, North America, and Japan, with a clear focus on growth verticals such as data centres—one of the fastest-growing asset classes globally. This diversification offsets short-term geographic or tenant vacancies and supports consistent long-term value creation.
• Balance sheet and leverage: Management prudently maintains optimal gearing (leverage at 40.1%), keeping refinancing risks in check and enabling opportunistic expansion as new market opportunities arise. A high occupier base (91.6% portfolio occupancy) further underscores the trust’s appeal.

Volume and liquidity

MIT’s liquidity profile is a core competitive advantage. With an average daily volume close to 10 million shares, the trust enjoys ample trading activity conducive to efficient price discovery. This sustained liquidity signals significant institutional and retail interest, reflecting confidence in MIT’s long-term strategy and management execution.

The ample public float, combined with disciplined share issuance and tight capital management, makes Mapletree Industrial Trust favorably positioned for dynamic valuation responses to positive news catalysts. Investors benefit from narrow spreads and high turnover, ensuring ease of entry and exit at scale.

Catalysts and positive outlook

A host of potential catalysts make MIT especially compelling at current levels:

• Strategic data centre expansion: Ongoing investment in data centre infrastructure directly addresses a burgeoning digital economy in Asia-Pacific, with MIT well-positioned to serve hyperscalers and robust tenant demand.
• Geographic diversification: Major recent acquisitions in Tokyo and the completion of new data centre phases in Osaka extend MIT’s reach and reduce portfolio concentration risk. These international expansion moves support more balanced and sustainable growth.
• Resilient industrial demand: Growing needs for logistics, warehousing, and digital infrastructure bode well for occupancy rates and rent reversion, securing income streams in the face of changing economic conditions.
• Strong ESG credentials: MIT’s ongoing commitment to responsible investing, energy-efficient retrofitting, and green leases positions it favorably as ESG standards become increasingly central to investment selection criteria—boosting appeal to international asset allocators and local institutions alike.
• Income security in a higher-rate environment: With its 6.65% dividend yield, MIT has consistently delivered inflation-beating income, an especially potent draw at a time when fixed-income alternatives offer similar or lower yield with higher risk.
• Leadership and execution: Under Lily Ler’s stewardship, MIT continues to combine operational stability with calculated risk-taking, using its sponsor Mapletree Investments’ scale to access superior deals and financing.

Investment strategies

For Singapore investors evaluating Mapletree Industrial Trust, several distinct strategies emerge:

• Short-term positioning: With technical indicators at key inflection points, MIT currently offers a favorable risk/reward for short-term traders seeking a bounce from support levels, particularly as oversold signals unwind.
• Medium-term value building: Investors can capitalize on the stock’s current consolidation phase, accumulating amid evidence of structural strength and impending positive momentum. As the data centre pipeline matures and recent acquisitions deliver returns, medium-term upside looks promising.
• Long-term compounding: For those focused on yield and defensive growth, MIT’s combination of high and stable dividend payouts, recurring income from blue-chip tenants, and disciplined expansion provides an attractive pathway to long-term wealth accumulation. The trust’s continued sectoral leadership and proven ability to navigate economic cycles reinforce its role as a reliable portfolio cornerstone.

In each case, the common denominator is MIT’s robust fundamentals and malleable strategy, which together point to strong potential for both capital appreciation and recurring income—a rare profile in a market where overly defensive or aggressive postures carry their own risks.

Is it the right time to buy Mapletree Industrial Trust?

Mapletree Industrial Trust stands out as a compelling opportunity, underpinned by its combination of attractive entry valuation, healthy balance sheet, sector leadership, and visible growth catalysts. The trust continues to demonstrate best-in-class resilience and a forward-looking approach to asset allocation and income security. Its current consolidation around S$2.04, together with a strong and well-supported dividend, suggests that investor patience may be rewarded as technical and fundamental factors align.

With its increasing exposure to high-growth sub-sectors, international expansion, and smart capital management, MIT seems to represent an excellent opportunity for those seeking both dependable yield and exposure to structural shifts in Asia’s digital and industrial economy. In summary, the fundamentals justify renewed interest, and Mapletree Industrial Trust may well be entering a new bullish phase that could set the stage for significant outperformance in the quarters ahead.

Taken together, these factors highlight Mapletree Industrial Trust as a distinctly advantageous choice for investors looking to balance stability, income, and growth in their Singapore portfolios at a time when few alternatives offer such a persuasive blend of opportunity and defensive strength.

How to Buy Mapletree Industrial Trust Stock in Singapore

Buying Mapletree Industrial Trust stock online is easy and secure when you use a regulated broker in Singapore. Investors can choose between two main ways: spot buying (purchasing real shares) or trading via CFDs (speculating on price movements with leverage). Each approach suits different investment goals and risk levels. To help you start, we’ve provided an overview below—and you’ll find a full broker comparison further down the page.

Spot buying

With cash buying, you acquire actual units of Mapletree Industrial Trust on the Singapore Exchange—making you a part-owner who can receive distributions. This method involves paying the market price per unit plus a fixed brokerage fee, usually around SGD 5 to SGD 15 per order with SG brokers.

Gain scenario

If the Mapletree Industrial Trust share price is S$2.04, you can buy around 490 shares with a S$1,000 stake, including a brokerage fee of around 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 means speculating on movements in Mapletree Industrial Trust’s share price—without owning the actual units. This offers potential for gains in both rising and falling markets, and allows the use of leverage. Fees include the spread (difference between buy and sell prices) and overnight financing charges if you maintain positions longer than a day.

CFD Gain Scenario on Mapletree Industrial Trust

You open a CFD position on Mapletree Industrial Trust shares, with a S$1,000 stake and 5x leverage.
This gives you 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 you invest, make sure you compare brokers’ fees, tools, and reliability using the broker comparator found lower on this page. Whether spot buying or CFD trading is right for you will depend on your investment objectives and risk tolerance—choose the approach that best matches your financial goals for a successful investing journey.

7 tips for buying Mapletree Industrial Trust stock

The latest news about Mapletree Industrial Trust

Mapletree Industrial Trust’s annual distribution per unit (DPU) reached a record 13.57 cents, up 1% year-on-year. Unitholders in Singapore benefit from this consistently strong DPU, which supports an attractive annual yield of 6.65%. The latest quarterly payout, stable at 3.36 cents per unit, underscores the REIT’s resilience and reliable income stream despite headwinds in some portfolio segments.

Average daily trading volume on SGX remains robust, reflecting continued local investor engagement. Over the past week, the REIT maintained a volume close to its 3-month average of nearly 10 million units, affirming market confidence. The S$2.04 price level is supported by healthy liquidity, enabling institutional and retail participants in Singapore to transact efficiently.

The recent appointment of Lily Ler as CEO ensures stable leadership and continued strategic execution. Ler, taking over in July 2024, has maintained the trust’s trajectory of stable asset management and prudent expansion, which is well received in local markets. Continuity in governance supports investor confidence and ongoing alignment with long-term portfolio objectives in the SG industrial property space.

Consensus analyst target for Mapletree Industrial Trust has been raised to S$2.27, highlighting upside potential. Despite recent operational challenges such as lower North American renewals, several brokerages in Singapore have reiterated positive outlooks thanks to data centre expansion, strong local assets, and a defensive income profile. This adjustment in price target suggests ongoing confidence in medium-term value recovery.

Mapletree Industrial Trust preserves its SRS eligibility and maintains favourable tax treatment for Singapore investors. The REIT is fully eligible for the Supplementary Retirement Scheme, and most local retail holders enjoy near full tax exemption on distributions under REIT tax rules in Singapore. This enhances the net yield and makes the trust especially attractive for income-focused SG investors.

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.