Should I buy Starhill Global stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Starhill Global 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 Starhill Global.

What is Starhill Global?

The price of Starhill Global stock

The price of Starhill Global stock is rising this week. The current price stands at S$0.515, up 0.98% over the last 24 hours and also up 0.98% for the week. Market capitalization is S$1.183 billion and average daily trading volume over three months is about 1.69 million shares. The stock trades at a P/E ratio of 25.75 with a strong dividend yield of 7.06%, and a low beta of 0.59. Starhill Global’s low volatility and solid yield make it a steady option for income-focused investors.

Our full analysis of the Starhill Global stock

After reviewing Starhill Global's latest financial results alongside its robust performance over the past three years, our analysis combines financial indicators, technical signals, market data, and peer benchmarks through proprietary algorithms. We have examined both the macroeconomic environment and unique operational levers, filtering noise to identify patterns that matter for forward-looking investors. So, why might Starhill Global stock once again become a strategic entry point into the prime real estate investment sector in 2025?

Recent performance and market context

Starhill Global has demonstrated steady positive momentum despite shifting conditions in regional real estate and retail. The stock is currently trading at S$0.515, up nearly 1% over the week and over 6% in the past twelve months. The market capitalization stands at S$1.183 billion, putting the REIT among Singapore’s most prominent retail and commercial landlords. Recent quarters have been marked by near-full occupancy for its flagship Singapore properties, resilient net property income, and a healthy distribution growth of 3.3% year-on-year in 1H FY2024/25. The successful refinancing of S$100 million in notes and a landmark S$600 million sustainability-linked debt demonstrate robust balance sheet management. Furthermore, Singapore's rebound in tourism and retail, buoyed by positive consumer sentiment and a stable regulatory framework, have provided a tailwind for core portfolio assets, particularly iconic destinations like Wisma Atria and Ngee Ann City.

Technical analysis

Technical signals are increasingly constructive for Starhill Global. The stock sustains price action above all its major moving averages: 20, 50, 100, and 200 days. The RSI stands at 58.63, suggesting neither overbought nor oversold conditions and supporting ongoing accumulation from informed participants. While the MACD is flat with a very mild sell signal, other oscillators like Williams %R (at -40) flash subtle buy signals, and the Stochastic (9,6) offers neutral, stable readings. Crucially, the stock finds strong technical support at the S$0.49–S$0.50 band, with resistance ahead at S$0.52–S$0.53. A bullish technical consensus is reinforced by 14 positive technical signals—triple that of negative calls—pointing to increased likelihood of further upside. This blend of positive structure and supportive pivot levels, combined with consistent bullish technical momentum, implies that Starhill Global may indeed be entering a new medium-term uptrend phase.

Fundamental analysis

From a fundamentals perspective, Starhill Global’s foundation looks even stronger. Annual gross revenue stands at S$191.46 million with a profit margin above 34%, reflecting operational excellence and disciplined cost control. Net property income continues to grow, reaching S$37.9 million in the latest quarter, and quarterly earnings have accelerated by 9.3% year-on-year. The trust delivers a compelling 7.06% dividend yield, underpinned by a sustainable payout and solid cashflow, which is especially attractive in the current low-interest landscape. Valuation remains deeply attractive: at a P/E of 25.75 and a price-to-book ratio at just 0.68, the REIT trades at a notable discount to its underlying asset value, a rare quality for prime Singapore retail real estate. Long-term income security is supported by anchor assets in high-traffic districts, diversified exposure across Asia-Pacific, and a management team with a proven record of prudent, forward-thinking strategy.

Volume and liquidity

The average daily trading volume over the past three months stands at 1.69 million shares, highlighting sustained institutional and retail confidence. This depth of liquidity enables dynamic price discoveries while reducing volatility risk. With a well-distributed float, Starhill Global provides investors with attractive entry points at technical support, and an active market ensures an efficient environment for both new and existing shareholders.

Catalysts and positive outlook

The months ahead bring several bullish catalysts for Starhill Global’s continued growth. The ongoing tourism recovery in Singapore, paired with resilient domestic consumption, supports strong retail footfall in core assets. Significant ESG initiatives—including S$600 million of sustainability-linked financing—enhance reputation and reduce long-term borrowing costs. Portfolio resilience is underscored by near-full occupancy in Singapore properties, which contribute over 60% of net property income, and strategic growth is supported by prudent geographic diversification across Malaysia, Australia, Japan, and China. Regulatory clarity around REIT tax treatment and eligibility for Supplementary Retirement Scheme (SRS) also strengthens the appeal for local investors. The next major earnings report, expected between July 28 and August 1, may serve as a further catalyst, especially if the trust continues to deliver stable distributions and income growth.

Investment strategies

• Short term: Entry near the S$0.50–S$0.51 support zone aligns with bullish technical signals and improved sentiment, ideal for traders seeking to capture breakout momentum toward S$0.53 resistance.
• Medium term: Continued accumulation appears justified by robust earnings growth, attractive yield, and normalization of retail and tourism markets, with technical and fundamental momentum converging in favor of capital appreciation.
• Long term: For income-focused investors, Starhill Global provides a stable, tax-efficient dividend stream, exposure to irreplaceable city-center properties, and a substantial margin of safety at current valuations—key attributes for building lasting wealth.

Is it the right time to buy Starhill Global ?

Bringing together strong financials, positive technicals, and structural strengths, Starhill Global displays all the hallmarks of a REIT entering a renewed phase of value creation. Anchored by prime properties, steady earnings, and a management team attuned to both risk and innovation, the trust’s current price, discounted to book value, seems to represent an excellent opportunity in the Asia-Pacific real estate space. With visible catalysts ahead—including tourism recovery, continued distribution increases, and proactive sustainability financing—the fundamentals justify renewed interest from both strategic and income-seeking investors. Starhill Global may well be on the verge of a new bullish cycle that rewards patient, conviction-driven entry in 2025. For those seeking a balanced combination of resilient income and upside potential, Starhill Global stands out as a strong candidate to watch closely in the current market environment.

How to buy Starhill Global stock in Singapore?

Buying Starhill Global stock online in Singapore is secure and straightforward when you use a regulated broker. Investors can choose between two main methods: cash (spot) buying, where you own the shares directly, or trading via Contracts for Difference (CFDs), allowing you to speculate on price movements with leverage but without ownership. Each method has its pros and considerations for fees and risks—a detailed broker comparison is provided further down the page for your convenience.

Spot buying

A cash purchase of Starhill Global stock means you buy the shares directly on the SGX and become a registered shareholder. You typically pay a fixed commission per order, usually between SGD 5 and SGD 15 depending on the broker.

Starhill Global: Gain Scenario Example

If the Starhill Global share price is SGD 0.515, you can buy around 1,930 shares with a $1,000 stake, including a brokerage fee of around SGD 5.

✔️ Gain scenario:

If the share price rises by 10%, your shares are now worth $1,100.

Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading on Starhill Global shares lets you take a position on price movements without owning the stock. Instead of a fixed commission, brokers charge a spread (the difference between buy/sell prices) and an overnight financing fee if you hold the position beyond one day.

CFD Gain Scenario: Starhill Global Shares

You open a CFD position on Starhill Global shares, with 5x leverage.

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

✔️ Gain scenario:

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

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

Final advice

Before investing, it is essential to compare brokers’ fees, features, and terms to find the one that best suits your needs. The right method—spot buying or CFDs—depends on your objectives, risk tolerance, and whether you prefer to hold shares or trade with leverage. For more details, refer to our broker comparison tool further down the page.

Our 7 tips for buying Starhill Global stock

The latest news about Starhill Global

Starhill Global stock closed at SGD 0.515, gaining nearly 1% over the past week in steady trading. The stock remains firmly above major support levels, with trading volumes averaging 1.69 million shares daily on the Singapore Exchange. This price strength comes alongside a +6.19% increase year-on-year, reflecting resilient investor confidence and continued demand for retail REITs in Singapore’s recovering property market.

The REIT maintained near-full occupancy in its Singapore properties and achieved 3.3% distributable income growth year-on-year. Strong operational performance in key local assets like Wisma Atria and Ngee Ann City underpins robust revenue contribution from Singapore, supporting both distribution growth and financial stability for investors based in the region.

Starhill Global completed the successful refinancing of SGD 100 million in 2025 debt and raised SGD 600 million via sustainability-linked financing. This disciplined debt management lowers funding risks, enhances the REIT’s ESG profile, and further positions Starhill Global as a stable and forward-looking option for income-oriented Singaporean investors.

A forward dividend yield of 7.06% and a price-to-book ratio of 0.68 present a compelling value case. Attractively valued versus peers, Starhill Global offers a competitive, tax-efficient income stream to Singaporean shareholders, boosted by its eligibility for SRS investment accounts and favourable REIT tax treatments locally.

Market analysts continue to rate Starhill Global as a ‘strong buy’ against a backdrop of robust technical indicators. The REIT’s 14 bullish technical signals, strong institutional interest, and upcoming earnings results in late July contribute to a positive outlook, reinforcing its status as one of the standout defensive REITs to watch in Singapore’s listed property space.

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.