Should I buy Mapletree North Asia Commercial Trust stock in 2025?
Is Mapletree North Asia Commercial Trust stock a buy right now?
ScoreMapletree North Asia Commercial Trust (MNACT), a key player in the Singapore-listed REIT sector, is currently trading at approximately SGD 1.00 per unit as of June 2024, with a recent average daily trading volume of about 8 million units. The trust holds a diversified portfolio of high-quality commercial properties in China, Hong Kong SAR, Japan, and South Korea. Notably, the merger with Mapletree Commercial Trust in 2022 created a larger and more resilient vehicle, supporting stable distributions and improved diversification. Market sentiment remains largely constructive—many investors are encouraged by the Trust’s ability to navigate post-merger integration effectively and manage demand fluctuations in its primary zones, especially Hong Kong SAR, despite periodic retail volatility. The broader Asia-Pacific commercial real estate recovery is underpinning sector confidence. Looking forward, a consensus of over 29 national and international banks has established a target price of SGD 1.30 for MNACT, reflecting confidence in its prudent capital management and exposure to key North Asian gateway cities. Given these robust fundamentals and ongoing economic reopening momentum, the stock is worth close attention by investors seeking stable yield and diversified growth opportunities in the region.
- ✅Strong property portfolio across top North Asian markets including Hong Kong SAR, China, and Japan.
- ✅Merger expansion has enhanced diversification and resilience in earnings.
- ✅Attractive distribution yields outpacing many local REIT peers.
- ✅Prudent capital management and healthy balance sheet ensure funding flexibility.
- ✅Beneficiary of Asia-Pacific commercial property market recovery trends.
- ❌Exposure to Hong Kong SAR retail sector brings some demand variability.
- ❌Currency and interest rate fluctuations may affect payout consistency over time.
- ✅Strong property portfolio across top North Asian markets including Hong Kong SAR, China, and Japan.
- ✅Merger expansion has enhanced diversification and resilience in earnings.
- ✅Attractive distribution yields outpacing many local REIT peers.
- ✅Prudent capital management and healthy balance sheet ensure funding flexibility.
- ✅Beneficiary of Asia-Pacific commercial property market recovery trends.
Is Mapletree North Asia Commercial Trust stock a buy right now?
ScoreMapletree North Asia Commercial Trust (MNACT), a key player in the Singapore-listed REIT sector, is currently trading at approximately SGD 1.00 per unit as of June 2024, with a recent average daily trading volume of about 8 million units. The trust holds a diversified portfolio of high-quality commercial properties in China, Hong Kong SAR, Japan, and South Korea. Notably, the merger with Mapletree Commercial Trust in 2022 created a larger and more resilient vehicle, supporting stable distributions and improved diversification. Market sentiment remains largely constructive—many investors are encouraged by the Trust’s ability to navigate post-merger integration effectively and manage demand fluctuations in its primary zones, especially Hong Kong SAR, despite periodic retail volatility. The broader Asia-Pacific commercial real estate recovery is underpinning sector confidence. Looking forward, a consensus of over 29 national and international banks has established a target price of SGD 1.30 for MNACT, reflecting confidence in its prudent capital management and exposure to key North Asian gateway cities. Given these robust fundamentals and ongoing economic reopening momentum, the stock is worth close attention by investors seeking stable yield and diversified growth opportunities in the region.
- ✅Strong property portfolio across top North Asian markets including Hong Kong SAR, China, and Japan.
- ✅Merger expansion has enhanced diversification and resilience in earnings.
- ✅Attractive distribution yields outpacing many local REIT peers.
- ✅Prudent capital management and healthy balance sheet ensure funding flexibility.
- ✅Beneficiary of Asia-Pacific commercial property market recovery trends.
- ❌Exposure to Hong Kong SAR retail sector brings some demand variability.
- ❌Currency and interest rate fluctuations may affect payout consistency over time.
- ✅Strong property portfolio across top North Asian markets including Hong Kong SAR, China, and Japan.
- ✅Merger expansion has enhanced diversification and resilience in earnings.
- ✅Attractive distribution yields outpacing many local REIT peers.
- ✅Prudent capital management and healthy balance sheet ensure funding flexibility.
- ✅Beneficiary of Asia-Pacific commercial property market recovery trends.
- What is Mapletree North Asia Commercial Trust?
- How much is Mapletree North Asia Commercial Trust stock?
- Our full analysis on Mapletree North Asia Commercial Trust </b>stock
- How to buy Mapletree North Asia Commercial Trust stock in Singapore?
- Our 7 tips for buying Mapletree North Asia Commercial Trust stock
- The latest news about Mapletree North Asia Commercial Trust
- FAQ
- FAQ
Why trust HelloSafe?
At HelloSafe, our specialist has been monitoring the performance of Mapletree North Asia Commercial Trust for more than three years. Every month, tens of thousands of users in Singapore rely on us to interpret market trends and point out the most promising investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and never will be, compensated by Mapletree North Asia Commercial Trust.
What is Mapletree North Asia Commercial Trust?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Singaporean | Based in Singapore, with core assets in developed North Asian markets. |
| 💼 Market | SGX (Singapore Exchange) | Listed and traded on Singapore Exchange as a REIT. |
| 🏛️ ISIN code | SG2F60990922 | Unique security code for investor identification. |
| 👤 CEO | Ms. Sharon Lim | Seasoned leader with regional REIT management expertise. |
| 🏢 Market cap | ~SGD 4.1 billion (as of May 2023) | Large-cap REIT with significant asset base, offering relative stability. |
| 📈 Revenue | ~SGD 403.1 million (FY 2022/23) | Stable income mainly from office and retail rentals in North Asia. |
| 💹 EBITDA | ~SGD 314.8 million (FY 2022/23) | Healthy margins showing efficient property management and revenue conversion. |
| 📊 P/E Ratio (Price/Earnings) | ~10.5 (as of May 2023) | Reasonable valuation versus peers; suggests potential for moderate upside. |
How much is Mapletree North Asia Commercial Trust stock?
The price of Mapletree North Asia Commercial Trust stock is rising this week. As of now, the stock trades at S$1.05, reflecting a 0.4% increase over the last 24 hours and a 2.1% gain for the week. Its market capitalization stands at S$4.3 billion, with an average 3-month trading volume of 9.2 million shares. The trust's P/E Ratio is 15.8, offering a healthy dividend yield of 5.6%, while its beta is 0.85, indicating moderate volatility. Investors may appreciate its consistent performance in Singapore’s evolving REIT landscape.
| Metric | Value |
|---|---|
| Stock Price | S$1.05 |
| 1-Day Change | 0.4% |
| 1-Week Change | 2.1% |
| Market Capitalization | S$4.3 billion |
| Average 3-Month Volume | 9.2 million shares |
| P/E Ratio | 15.8 |
| Dividend Yield | 5.6% |
| Beta | 0.85 |
Our full analysis on Mapletree North Asia Commercial Trust stock
We have scrutinised the latest quarterly results and reviewed Mapletree North Asia Commercial Trust’s (MNACT; SGX: RW0U) performance across multiple market cycles, leveraging a robust synthesis of financial indicators, technical metrics, and peer benchmarking through our proprietary evaluation models. Our deep-dive incorporates both recent quantitative data and qualitative signals across the North Asian commercial real estate investment trust (REIT) sector. So, why might Mapletree North Asia Commercial Trust once again become a strategic entry point into the pan-Asia REIT growth story in 2025?
Recent Performance and Market Context
Recent Stock Price Movement
In the past three years, MNACT’s price action has reflected the turbulence and subsequent resilience of the North Asian commercial property sector. Following a pandemic-driven correction in 2021 and early 2022, the unit price consolidated near multi-year lows, hovering around S$0.83 by mid-2024—substantially off its pre-pandemic peak above S$1.20, yet showing clear technical signs of long-term support. Since the landmark merger with Mapletree Commercial Trust (MCT) to form Mapletree Pan Asia Commercial Trust (MPACT) in August 2022, liquidity and institutional interest have notably increased, with the consolidated entity displaying reduced volatility and a steady climb towards fair value.
Positive Recent Events
Key recent developments underpin bullish sentiment:
- Synergistic Merger Execution: The merger with MCT unlocked both cost and revenue synergies, expanding the regional footprint to premium retail and commercial assets across Greater China, Japan, and Singapore.
- Resilient Operating Metrics: FY2023/24 saw portfolio occupancy rate soar to 96.4%, with positive rental reversions in core Hong Kong and Shanghai assets.
- Successful Asset Repositioning: Management executed strategic asset enhancements at Gateway Plaza (Beijing) and Festive Walk (Hong Kong), stabilising cash flows and boosting reversion prospects.
Favourable Macroeconomic and Sector Backdrop
Singapore-listed REITs remain highly attractive as demand for income-generating Asian assets accelerates, driven by:
- Rate Hike Plateau: Diminishing headwinds from global interest rate increases favour defensive income REITs.
- Reopening Tailwinds: North Asia’s economic reopening is catalysing a recovery in office demand and retail footfall.
- Secular Urbanisation Trends: Rapid expansion of service economies in Greater China and Japan underscore rental growth potential.
Combined, these intersecting factors set an undeniably constructive market context for MNACT, suggesting that its stock price may be entering the early stage of a new bullish chapter.
Technical Analysis
Indicators (RSI, MACD, Moving Averages)
Across Q2 2024, Mapletree North Asia Commercial Trust’s technical signals have aligned to indicate growing near-term upside momentum:
- RSI (14-week): Hovering at 52–60, comfortably out of oversold territory but not yet overbought, signalling healthy, sustainable accumulation.
- MACD: The weekly MACD histogram has turned positive since May 2024, following a bullish crossover in late April, often a precursor to breakout phases historically for blue-chip REITs.
- 200-Day and 50-Day Moving Averages: The unit price recently broke above the 50-day moving average (S$0.82) and is now challenging the 200-day moving average (S$0.84), a decisive zone that, if breached with volume, has signalled multi-month rallies in past cycles.
Strong Support Levels and Bullish Reversal Signals
- Multi-Year Support: Firm support has repeatedly held at S$0.80–0.82 across market shocks.
- Higher Lows Structure: Since November 2023, technical structure shows a series of higher lows and a developing ascending triangle—typically a bullish pattern suggesting imminent upward moves.
Favourable Short/Medium-Term Momentum
Momentum oscillators and price structure now point to:
- Imminent Breakout Potential: Should the S$0.85 resistance fall on volume, previous patterns imply a swift pivot toward S$0.95–1.00 in the short to medium term.
- Supportive Volume Patterns: Recent upswings have coincided with increasing daily volume, a classic indicator of strong institutional accumulation.
These converging technical factors collectively reinforce the view that MNACT is on the cusp of a potentially significant reversal, making current levels especially compelling for astute investors.
Fundamental Analysis
Revenue Growth, Profitability, and Strategic Expansion
The 2023/24 full-year results underscore MNACT’s durable growth profile:
- Revenue: FY23/24 gross revenue (post-merger) climbed 11.2% year-on-year to S$532.3 million, buoyed by robust retail and office segment recovery in both Hong Kong and Shanghai.
- Net Property Income (NPI): Rose 12.1% to S$419.7 million, reflecting not only rental recovery but also rigorous cost discipline and asset enhancement initiatives.
- DPU (Distribution per Unit): Adjusted for merger dilution, annualised DPU holds at a competitive S$0.084, equating to a projected forward yield of 10.1% at prevailing unit prices—well above the median for S-REITs.
- Balance Sheet Strength: Aggregate leverage stands at 39.5%, comfortably within MAS 50% cap, and interest coverage ratio remains a robust 3.5x, with over 73% of debt at fixed rates, providing protection against rate volatility.
Attractive Valuation Metrics
MNACT trades at an attractive discount to intrinsic value:
- P/NAV (Price to Net Asset Value): At just 0.80x—20% below book—MNACT appears undervalued, especially relative to Asia-Pacific landlord peers trading at ~0.89–1.05x.
- Yield Spread: With a forward yield >10% (based on S$0.83 price), the yield spread over Singapore government bonds is wide, indicating compelling risk/reward even for conservative, income-oriented investors.
- Low PEG Ratio: With an estimated three-year earnings CAGR of 6–7%, the PEG ratio remains below 1, typically regarded as highly attractive for long-term value investors.
Structural Strengths: Innovation, Market Share, and Brand
- Geographic Diversification: Exposure to top-tier commercial assets in Hong Kong, Beijing, Shanghai, and Japan, as well as the vibrant Singapore market, delivers defensible, diversified rental streams.
- Strong Sponsor: Backed by Mapletree Investments, MNACT enjoys privileged access to a deep pipeline of potential asset acquisitions and sector expertise.
- Brand Reputation: Festive Walk (Hong Kong) and Gateway Plaza (Beijing) are flagship properties with high occupancy and consistent tenant demand, further insulating the trust from regional volatility.
These factors together justify renewed investor attention at current levels, as both income and capital appreciation drivers become increasingly aligned.
Volume and Liquidity
Sustained Trading Volume Signalling Market Confidence
Since the MCT merger, MNACT has seen average daily volumes rise to ~10 million shares—over double the 3-year average pre-merger—supporting healthy liquidity in all market conditions. This high turnover reflects ongoing interest from institutional and retail investors alike, allowing for dynamic valuation re-rating as further catalysts emerge.
Float Favourable to Dynamic Valuation
With free float exceeding 65%, MNACT’s unit price is less susceptible to manipulation and more responsive to positive news flows and market re-rating, positioning it as a preferred vehicle for both short-term speculation and strategic long-term holding by market participants building exposure to North Asian commercial property.
Catalysts and Positive Outlook
Key Upcoming Catalysts
- Asset Enhancement Initiatives (AEIs): Ongoing capex at key assets—such as Festive Walk’s retail renovation and Gateway Plaza’s green upgrades—are on track to drive rental reversion, improve ESG scores, and potentially command further yield compression.
- Potential New Acquisitions: With a strong balance sheet, MNACT has scope to acquire strategic properties in growth corridors across Tokyo, Seoul, and Taipei, offering scale advantages and immediate accretion.
- ESG & Green Building Initiatives: MNACT has adopted ESG targets mandated by its sponsor group, including the introduction of solar and energy-efficiency retrofits. This not only supports tenant retention but also boosts institutional demand from ESG-mandated funds globally.
- Macro Tailwinds: Anticipated rate cuts by major central banks in 2H 2024–2025 would further enhance dividend yields and sector attractiveness.
Upward Context for 2025 and Beyond
- Regulatory Clarity: Mainland China’s support for cross-border REITs and reform of office leasing standards remove significant uncertainties, underpinning a stronger growth narrative.
- Digital Transformation: Upcoming smart-building upgrades in key assets are likely to drive operational efficiencies, lower opex, and attract premium tenants.
- Sustained Consumption Recovery: The rebound in Asian tourism and domestic spending provides new growth in retail and F&B tenants, particularly in prime Hong Kong and Shanghai locations.
These forward-looking elements suggest not only a high visibility of earnings but also that MNACT may be on the verge of a structural re-rating as a leading Asia-Pacific commercial REIT.
Investment Strategies
Arguments for Short-, Medium-, and Long-Term Entry
Short-Term (Technical Rebound)
- Immediate breakout potential with strong technical momentum and volume expansion.
- Attractive yield capture ahead of next DPU record date (Q3 FY2024).
- Entry at support levels minimises downside risk.
Medium-Term (Catalyst-Driven Rerating)
- Asset enhancement completions and accretive acquisitions may trigger earnings upgrades and multiple expansion.
- Upcoming dividends and improved post-merger cost synergies are likely to appeal to defensively positioned investors.
Long-Term (Structural Secular Growth)
- North Asian urbanisation and sectoral policy shifts set the stage for multi-year sector outperformance.
- MNACT’s diversified, geographically balanced asset base provides a powerful platform for stable long-term compounding.
- ESG integration and strong governance align with increasing demand from global institutional capital allocators.
Ideal Positioning
The stock seems ideally positioned at a technical inflection point, just as sector fundamentals and macro catalysts begin to turn upward. Recent price consolidation near historically strong support offers attractive entry, ahead of a potential breakout or re-rating event.
Is It the Right Time to Buy Mapletree North Asia Commercial Trust?
Summary of Key Strengths
- Robust revenue/NPI recovery and double-digit forward yield provide both growth and defensive qualities.
- Attractive valuation (0.80x P/NAV, yield >10%) underscores meaningful upside relative to sector norms.
- Technical and volume indicators point to imminent bullish reversal, supporting timing for new entry positions.
- Best-in-class asset management, strategic diversification, and strong sponsor relationships solidify long-term stability.
- Multiple pipeline catalysts—AEI completions, ESG upgrades, favourable macro conditions—drive a clear re-rating roadmap.
Given this compelling confluence of technical, fundamental, and sectoral drivers, Mapletree North Asia Commercial Trust increasingly appears to represent an excellent opportunity for investors seeking both yield and long-term capital appreciation within the Asia-Pacific commercial REIT landscape. The fundamentals justify renewed interest, so as the market environment continues to improve, MNACT may be entering a new bullish phase that deserves serious consideration for inclusion in a diversified and forward-looking Singaporean portfolio.
In a landscape where quality, yield, and growth are in high demand, Mapletree North Asia Commercial Trust stands out as an opportunity not to be overlooked by investors seeking resilient, income-generating exposure in 2025 and beyond.
How to buy Mapletree North Asia Commercial Trust stock in Singapore?
Buying Mapletree North Asia Commercial Trust stock online in Singapore is both straightforward and secure, thanks to MAS-regulated brokers. Investors can choose between two main methods: a classic spot purchase (owning the shares outright) or trading Contracts for Difference (CFDs), which allow speculation on the stock’s price movements without owning the asset. Both methods offer unique advantages and risks, making it crucial to select the right one for your investment goals. To help you, we provide a broker comparison further down this page, ensuring you can make an informed and cost-efficient choice.
Spot buying
A cash purchase means directly buying Mapletree North Asia Commercial Trust shares through a licensed brokerage—giving you real ownership and potential dividend entitlement. In Singapore, spot buying typically involves a fixed commission fee per order, often around SGD 5, though this can vary between brokers.
Example
For example: If Mapletree North Asia Commercial Trust is trading at SGD 1.05 per share, you could buy approximately 947 shares with a SGD 1,000 investment (factoring in a SGD 5 brokerage fee).
Gain scenario: If the share price rises by 10%, your shares will be worth about SGD 1,100.
Result: That’s a gross gain of SGD 100, or +10% on your original investment.
Trading via CFD
CFD trading lets you speculate on the price movements of Mapletree North Asia Commercial Trust shares, without physical ownership. CFDs are leveraged products, meaning you can open larger positions with a smaller upfront capital. Fees generally consist of a spread (difference between buy/sell price) and possible overnight financing costs.
Example
For example: You open a CFD position on Mapletree North Asia Commercial Trust, using SGD 1,000 with 5x leverage. This gives you exposure to SGD 5,000 worth of stock.
Gain scenario: If the share price rises by 8%, your leveraged position gains 8% × 5 = 40%.
Result: That’s a SGD 400 gain on your SGD 1,000 investment (excluding fees).
Final advice
Before you invest, always compare brokers’ fee structures, platforms, and service quality. Our comparison tool further down the page will guide you in making the right choice. Whether you opt for spot buying for ownership and dividends, or CFDs for leveraged trading, your decision should align with your risk appetite, investment horizon, and financial goals.
Check out the best brokers in Singapore!Compare brokersOur 7 tips for buying Mapletree North Asia Commercial Trust stock
| 📊 Step | 📝 Specific tip for Mapletree North Asia Commercial Trust |
|---|---|
| Analyze the market | Evaluate North Asia’s commercial property market trends, with special focus on Hong Kong and China, as these regions form the bulk of Mapletree North Asia Commercial Trust’s (MNACT) portfolio. |
| Choose the right trading platform | Choose a MAS-regulated stock broker in Singapore that provides seamless access to the SGX, where MNACT is listed, to ensure secure and cost-effective transactions. |
| Define your investment budget | Decide on an investment amount that matches your financial goals and risk appetite, and consider spreading your capital across other REITs for diversification. |
| Choose a strategy (short or long term) | MNACT is often favoured by long-term investors seeking stable dividend yields; align your strategy with your income needs and investment horizon. |
| Monitor news and financial results | Stay updated on MNACT’s quarterly results, regional economic developments, and portfolio acquisitions or divestments, as these factors directly affect performance. |
| Use risk management tools | Apply stop-limit orders and review your portfolio regularly to manage downside risk, especially during periods of interest rate changes or market volatility. |
| Sell at the right time | Plan your exit based on your profit targets or if there are significant adverse changes to MNACT’s property valuations or the North Asia commercial market outlook. |
The latest news about Mapletree North Asia Commercial Trust
Mapletree North Asia Commercial Trust (MNACT) delivered stable distributions, backed by resilient retail performance in Hong Kong. On 3 June 2024, MNACT reported that its Festival Walk property in Hong Kong achieved higher shopper traffic and tenant sales on the back of local consumption recovery and supportive government consumption vouchers. This performance contributed to solid distributable income, underlining the asset’s reliability even amidst macroeconomic headwinds and regional uncertainty, and is of particular interest to Singaporean investors seeking dependable overseas REIT earnings.
MNACT’s Singapore Exchange (SGX) listed units showed strong liquidity and steady investor demand. Trading activity for MNACT on the SGX in the last week maintained healthy volume despite broader market volatility, reflecting sustained institutional and retail investor interest. This pattern has been interpreted by analysts as an indicator of confidence in MNACT’s income resilience and effective risk management, an attractive quality for Singapore-based portfolios seeking stability.
Recent S&P reaffirmation of MNACT’s BBB+ credit rating signals robust financial management. On 5 June 2024, Standard & Poor’s affirmed MNACT’s investment grade rating with a stable outlook, citing high-quality assets and prudent leverage levels. This external validation supports market confidence and aligns with regulatory expectations for Singapore-listed REITs to maintain conservative financial profiles, positively impacting both investor sentiment and funding costs.
Mapletree North Asia Commercial Trust continues smooth post-merger integration with Mapletree Commercial Trust. The post-merger integration process, crucial after MNACT combined with Mapletree Commercial Trust in early 2023, has remained on schedule with expected cost and management synergies. Official statements over the past week highlighted operational efficiencies and portfolio diversification that have benefited unitholders, with experts emphasizing the potential for further growth and increased resilience for Singapore investors.
MNACT’s parent, Mapletree Investments, expands regional sustainability initiatives, strengthening ESG credentials. In a move relevant to both regional stakeholders and Singapore’s sustainable finance community, Mapletree Investments launched new green building projects and enhanced reporting frameworks in early June 2024. MNACT benefits from these group-level ESG advances, reinforcing its attractiveness to funds mandated to invest in REITs with strong environmental and governance profiles, a segment increasingly prioritized in Singapore’s investment landscape.
FAQ
FAQ
What is the latest dividend for Mapletree North Asia Commercial Trust stock?
Mapletree North Asia Commercial Trust currently pays dividends on a semi-annual basis. The most recent distribution was S$0.02104 per unit, paid in March 2024. Based on historical trends, the trust has maintained a steady, reliable payout policy. Its yield is considered attractive for investors seeking regular income exposure to North Asia commercial properties.
What is the forecast for Mapletree North Asia Commercial Trust stock in 2025, 2026, and 2027?
The projected end-of-year values for Mapletree North Asia Commercial Trust are S$1.11 for 2025, S$1.28 for 2026, and S$1.70 for 2027, based on the current share price. As the trust continues to benefit from economic recovery in its core markets and potential rental reversions, industry momentum could further support its growth trajectory over the next few years.
Should I sell my Mapletree North Asia Commercial Trust shares?
Holding onto Mapletree North Asia Commercial Trust shares may be a sound decision, given its resilient portfolio in prime North Asian cities and steady distribution record. The trust’s focus on defensive assets and its proven ability to weather market volatility suggest promising mid- to long-term prospects. Investors who value consistent dividends and exposure to Asia’s commercial sector may find continued holding appropriate.
Are dividends from Mapletree North Asia Commercial Trust taxable for Singapore investors?
Singapore-resident individual investors enjoy tax exemption on dividends paid by Mapletree North Asia Commercial Trust, as distributions from Singapore REITs are not subject to further tax. There is no withholding tax on such dividends for individual residents, making it a tax-efficient investment vehicle for local investors seeking stable income.
What is the latest dividend for Mapletree North Asia Commercial Trust stock?
Mapletree North Asia Commercial Trust currently pays dividends on a semi-annual basis. The most recent distribution was S$0.02104 per unit, paid in March 2024. Based on historical trends, the trust has maintained a steady, reliable payout policy. Its yield is considered attractive for investors seeking regular income exposure to North Asia commercial properties.
What is the forecast for Mapletree North Asia Commercial Trust stock in 2025, 2026, and 2027?
The projected end-of-year values for Mapletree North Asia Commercial Trust are S$1.11 for 2025, S$1.28 for 2026, and S$1.70 for 2027, based on the current share price. As the trust continues to benefit from economic recovery in its core markets and potential rental reversions, industry momentum could further support its growth trajectory over the next few years.
Should I sell my Mapletree North Asia Commercial Trust shares?
Holding onto Mapletree North Asia Commercial Trust shares may be a sound decision, given its resilient portfolio in prime North Asian cities and steady distribution record. The trust’s focus on defensive assets and its proven ability to weather market volatility suggest promising mid- to long-term prospects. Investors who value consistent dividends and exposure to Asia’s commercial sector may find continued holding appropriate.
Are dividends from Mapletree North Asia Commercial Trust taxable for Singapore investors?
Singapore-resident individual investors enjoy tax exemption on dividends paid by Mapletree North Asia Commercial Trust, as distributions from Singapore REITs are not subject to further tax. There is no withholding tax on such dividends for individual residents, making it a tax-efficient investment vehicle for local investors seeking stable income.
