Should I buy Suntec stock in 2025?

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At HelloSafe, our expert has been tracking Suntec's performance 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 Suntec.

What is Suntec?

The price of Suntec stock

The price of Suntec stock is slightly up this week.

Suntec shares are trading at SGD 1.13, with a 24-hour change of -1.74% and a modest weekly gain of 0.10%. The REIT’s market capitalization stands at SGD 3.35 billion, and the average 3-month trading volume is 5.92 million shares. Its current P/E ratio is 29.34, dividend yield is an attractive 5.53%, and the stock’s beta is 0.38, indicating lower volatility than the overall market.

This combination of steady returns and low volatility makes Suntec appealing for income-focused investors in Singapore.

Our full analysis of the Suntec stock

Having analysed Suntec's most recent financial results and reviewed the stock’s evolution over the past three years, we have integrated a wide spectrum of market indicators, technical signals, and peer comparisons using our proprietary algorithms. This comprehensive, data-driven approach enables us to go beyond conventional analysis and identify what truly matters for investors today. So, why might Suntec stock once again become a strategic entry point into the commercial REIT sector in 2025?

Recent performance and market context

The performance of Suntec stock in the past year has demonstrated both resilience and underlying momentum. While the share price is currently at SGD 1.13, it has recorded a solid increase of 6.54% over the past 12 months, even in the face of short-term volatility. Notably, over the last six months, Suntec managed a 1.79% gain, reflecting steady investor confidence amid a complex macro environment. The REIT’s market capitalisation now stands at SGD 3.35 billion, underlining its status as a leading player in Singapore’s vibrant property sector. Recent successful refinancing of SGD 730 million of maturing debt has reduced interest costs and strengthened the balance sheet, a significant win in today’s uncertain rate landscape. The real estate sector, supported by Singapore's robust economic fundamentals and a revival in the MICE industry (Meetings, Incentives, Conferences, Exhibitions), sets a constructive backdrop. Commercial property occupancy and rental rates are stable to improving, supporting both current cash flows and forward-looking valuation.

Technical analysis

From a technical viewpoint, Suntec currently finds itself at an intriguing juncture. The 14-day RSI is at 43.42, which, while bordering on oversold territory, typically signals that downside momentum could be running out of steam and that a potential reversal may be near. The MACD indicator sits slightly negative, but its proximity to the zero line suggests that any shift in market sentiment could quickly turn the tide. Recent moving averages (5, 20, and 50 days) signal caution, but crucially, the 200-day moving average is giving a buy signal—a classic signpost for longer-term investors. The stock is also trading at or near key support levels (SGD 1.127–1.124), reinforcing the notion that limited downside risk exists. Technically, this configuration highlights a promising setup, as Suntec could be poised for a bullish reversal, especially if supported by fundamental catalysts or a broader market rally.

Fundamental analysis

Fundamentally, Suntec boasts a robust investment case. The REIT delivered annual revenue of SGD 463.56 million in FY2024, supported by strong recurring cash flows from a high-quality, diversified portfolio spanning office, retail, and prominent convention venues like Suntec City. Net profit reached SGD 126.78 million for FY2024, demonstrating both growth and operational discipline. Key financials—such as its PER of 29.34 and a compelling dividend yield of 5.53%—place Suntec among the more attractive SGX-listed REITs for investors seeking a blend of yield and growth. The success of cost-saving initiatives, such as the recent SGD 1.8 million annual interest saving from debt refinancing, adds to operational resilience. Structural strengths include the REIT’s asset diversity, its anchoring presence in the Singapore CBD, and its proven ability to adapt to changes in consumer and tenant demand. Suntec’s portfolio is further enhanced by the scale and branding of assets such as Marina Bay Financial Centre and One Raffles Quay, which continue to see healthy demand.

Volume and liquidity

Daily trading volume for Suntec averages 5.92 million shares over the past three months, indicating sustained market interest and significant liquidity, which is attractive for both institutional and retail participants. This healthy float also ensures that price discovery remains efficient, volatility is moderate, and investors have the flexibility to enter or exit positions seamlessly. The REIT’s large and diverse base of investors reflects market confidence and bodes well for price stability, even during broader market swings.

Catalysts and positive outlook

Several forward-looking catalysts are emerging. The resurgence of Singapore’s MICE sector, a key user of commercial space, aligns with renewed tourism and business flows—directly increasing demand for Suntec’s key properties. The latest portfolio enhancements and ongoing asset rejuvenation projects (including property upgrades and green-building initiatives) signal management’s commitment to long-term value creation. Suntec has also benefited from favorable monetary conditions, notably the global trend of stable or falling interest rates, which both lowers financing costs and widens the appeal of yield-based investments. Additionally, the REIT’s interlinked assets in Australia and the UK, though carrying currency risk, present upside opportunity if foreign property markets outperform or if SGD weakens. The innovation agenda, commitment to ESG targets, and ongoing efforts to enhance tenant experiences are likely to underpin further outperformance.

Investment strategies

For investors considering entry, Suntec’s current setup supports a range of strategies. In the short term, entry near technical lows or just above major support levels could be rewarded if a bullish reversal materialises. Medium-term investors can take confidence from the robust dividend yield, stable earnings base, and the consensus analyst target indicating a 30% upside to SGD 1.48. For those with a longer investment horizon, Suntec’s combination of recurring income, diversified asset base, and ability to capture tailwinds from Singapore’s ongoing urban evolution all point to its suitability as a core portfolio position. In particular, the improving outlook for commercial occupancy and rent, combined with interest cost efficiencies and future asset enhancements, create numerous avenues for value appreciation. The low beta (0.38) also provides a measure of defensive protection against wider market volatility.

Is it the right time to buy Suntec?

Suntec stands out for its strong balance sheet, defensive yield, and ability to capture the upside from a rebounding commercial property sector. With a compelling 5.53% dividend yield, high occupancy, successful refinancing, and essential strategic locations, the stock presents multiple touchpoints for investors seeking value and growth in Singapore’s resilient REIT landscape. Longer-term demand drivers, including the MICE revival, ongoing public and private investment in the city centre, and supportive rates, further reinforce the opportunity. As the technical picture improves and analysts target a return to SGD 1.48 per unit, the case for buying—or at least seriously revisiting—Suntec in 2025 seems stronger than ever.

Suntec offers an appealing combination of income, growth potential, and relatively low volatility—cementing its place among Singapore’s most compelling REIT opportunities as we head into a new market cycle.

How to buy Suntec stock in Singapore

Buying Suntec stock online is simple and secure when you use a regulated Singapore broker. Investors can choose from two main methods: spot buying, where you own the shares directly, or trading via Contracts for Difference (CFDs), which offer opportunities to speculate with leverage. Both methods are accessible to individual investors, allowing flexible participation in the Singapore stock market. For full details on fees, features, and platform comparisons, be sure to check our broker comparison further down this page.

Cash buying

A cash purchase means you buy Suntec shares directly on the SGX through a broker, becoming the legal owner. Local brokers typically charge a fixed commission per order (around SGD 5), and you may also incur small SGX clearing fees.

Suntec Share Gain Scenario

If the Suntec share price is SGD 1.13, you can buy around 880 shares with a SGD 1,000 stake, including a 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, i.e. +10% on your investment.

Trading via CFD

CFDs (Contracts for Difference) allow you to trade Suntec shares without owning them, typically using leverage. CFD brokers charge through the spread (difference between buy and sell price) and apply overnight financing fees for leveraged positions. Trading CFDs suits those seeking short-term opportunities and higher market exposure, but it also adds risk.

CFD Gain Scenario Example

You open a CFD position on Suntec shares with 5x leverage using SGD 1,000.

This gives you a 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 a bet of SGD 1,000 (excluding fees).

Final advice

Always compare broker fees, available market features, and platform terms before investing. The best choice depends on your investment objectives, risk profile, and whether you prefer to own Suntec shares directly or take advantage of short-term trading opportunities. Our broker comparison further down helps you choose with confidence.

Our 7 Tips for Buying Suntec Stock

The latest news about Suntec

Suntec reports positive quarterly growth in distributable income for Q1 2025.
In the latest financial release, Suntec achieved distributed income of SGD 45.9 million for Q1 2025, reflecting a 4.3% increase year-on-year and a 3.4% rise in distribution per unit, signalling sustained resilience in Singapore’s core commercial property sector despite market challenges.

Consensus analyst target for Suntec suggests potential upside of 30% from current levels.
As of this week, market data show an analyst consensus target price of SGD 1.48, around 30% above the current share price. This reflects continued confidence by institutional research teams in Suntec’s medium-term prospects and asset quality within the SG domestic market.

Suntec’s refinancing of SGD 730 million in debt unlocks annual cost savings and financial stability.
A successful refinancing completed in the period has resulted in SGD 1.8 million of annual interest savings, directly enhancing cash flow and supporting further strategic investment in core Singapore assets without increasing financial risk.

Recent issuance of SGD 250 million perpetual bonds strengthens Suntec’s financial flexibility.
The REIT’s placement of SGD 250 million in perpetual bonds during the week further enhances its liquidity profile and ensures the ability to capitalise quickly on new acquisitions or asset improvements, key to remaining competitive in the Singapore commercial real estate sector.

Local demand for commercial and MICE space remains solid, supporting occupancy and rental growth at Suntec assets.
Market updates confirm robust activity in the Meetings, Incentives, Conferences, and Exhibitions (MICE) segment in Singapore, underlining ongoing demand for Suntec City and other key mixed-use property holdings central to the REIT’s domestic revenue base.

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.