Singapore REIT ETF: The Ultimate Guide

Singapore offers many REITS across property types such as retail, industrial, office, logistics, healthcare, and many more. The choices are complex, and as an investor, you may feel overwhelmed. You want to avoid risking all your money by choosing an underperforming REIT.

Let us introduce you to the Singapore REIT ETF. By investing in an ETF, you are investing in a basket of REITs, managed by the asset manager. You passively collect the dividend payouts and let your investment grow over time.

 

Which Singapore REIT ETF should I choose?

These are the Singapore REIT ETFs listed on the Singapore Exchange:

Amova-Straits Trading Asia Ex-Japan REIT ETF (CFA)
For diversified exposure to various REITs in Asia, except Japan, with a quarterly dividend
Largest Singapore REIT ETF
Lion-Phillip S-REIT ETF (CLR)
For pure exposure to Singapore REITs
Focus on Singapore REIT
CSOP iEdge S-REIT Leaders Index ETF (SRT)
For pure exposure to Singapore REITs
Focus on Singapore REIT
Phillip SGX APAC Dividend Leaders REIT ETF (BYI)
For more exposure to Australian REITs
More exposure to Australian REITs
UOB Asia Pacific Green REIT ETF (GRN)
For environmentally friendly REITs
Environmentally friendly REITs

While examining each in more detail, pay attention to the expense ratio (annual fee), dividend yield, country breakdown, and sector breakdown. These are the main metrics you want to consider before choosing where to invest.

 

Amova-Straits Trading Asia Ex-Japan REIT ETF

For diversified exposure to various REITs in Asia, except Japan, with a quarterly dividend

Amova

Stock Ticker CFA
Dividend Yield 5.41% (Nov 2026)
Expense Ratio 0.55%
Dividend Payout Quarterly
Launch Date 29 March 2017
Fund Size SGD 723.1 million
Benchmark Index FTSE EPRA Nareit Asia ex Japan REITs 10% Capped Index

Top Holdings:

LINK REAL ESTATE INVESTMENT TRUST 10.4% Hong Kong
CAPITALAND INTEGRATED COMMERCIAL TRUST 10.1% Singapore
CAPITALAND ASCENDAS REIT 9.6% Singapore
EMBASSY OFFICE PARKS REIT 5.6% India
KEPPEL DC REIT 4.7% Singapore
MAPLETREE INDUSTRIAL TRUST 4.4% Singapore
MAPLETREE LOGISTICS TRUST 4.4% Singapore
KEPPEL REIT 3.5% Singapore
SUNTEC REAL ESTATE INVESTMENT TRUST 3.4% Singapore
MAPLETREE PAN ASIA COMMERCIAL TRUST 3.2% Singapore

 

Sector Allocations

Sector Allocations

Doughnut chart. Data table with 7 rows and 2 columns follows.

Sector Allocations
Industrial 25.1%
Retail 23.9%
Diversified 21.4%
Office 15.8%
Data Center 5.3%
Hotel Resort 3.7%
Others 3.4%

 

Country Allocations

Country Allocations

Doughnut chart. Data table with 7 rows and 2 columns follows.

Country Allocations
Singapore 65%
Hong Kong 13%
India 8.3%
Malaysia 5.1%
South Korea 2.9%
Philipines 2.4%
Others 2.2%

 

Check out the latest data from the Amova website directly here:

https://sg.amova-am.com/general/funds/detail/amova-straitstrading-asia-ex-japan-reit-index-etf-sgd-class

This ETF is one of our favorite ETFs because it has one of the largest AUMs among Singapore REIT ETFs. It has diversified exposure to REITs across Asia, with Singapore as the top allocation. The expense ratio is reasonable, in line with other Singapore REIT ETF products.

 

Lion-Phillip S-REIT ETF

For pure exposure to Singapore REITs

Lion Global

Stock Ticker CLR
Dividend Yield 5.60% (Aug 2026)
Expense Ratio 0.6%
Dividend Payout Semi-annual
Launch Date 30 Oct 2017
Fund Size SGD 881.8 million
Benchmark Index Morningstar® Singapore REIT Yield Focus Index℠

Top Holdings:

CAPITALAND INTEGRATED COMMERCIAL TRUST REIT 10.04%
CAPITALAND ASCENDAS REIT 9.58%
MAPLETREE LOGISTICS TRUST 9.54%
KEPPEL DC REIT 9.36%
MAPLETREE PAN ASIA COMMERCIAL TRUST 9.21%
KEPPEL REIT 8.10%
MAPLETREE INDUSTRIAL TRUST 7.69%
FRASERS LOGISTICS & COMMERCIAL TRUST REIT 7.30%
SUNTEC REAL ESTATE INVESTMENT TRUST 6.90%
FRASERS CENTREPOINT TRUST 5.81%
LENDLEASE GLOBAL COMMERCIAL REIT 3.61%

 

Sector Allocations

Sector Allocations

Pie chart. Data table with 7 rows and 2 columns follows.

Sector Allocations
Industrial 35.57%
Office 20.92%
Retail 17.53%
Specialized 10.42%
Diversified 7.34%
Hotel & Resort 3.42%
Health Care 2.37%

 

Country Allocations

Country Allocations

Pie chart. Data table with 1 rows and 2 columns follows.

Country Allocations
Singapore 100%

 

Check out the latest data from the Lion Global Investors website directly here: https://www.lionglobalinvestors.com/en/fund-lion-phillip-s-reit-etf.html

This ETF is another favorite because it focuses on Singapore REITs. It also has a competitive expense ratio in line with the industry average.

 

CSOP iEdge S-REIT Leaders Index ETF

Largest Singapore REIT ETF

Stock Ticker SRT
Dividend Yield 3.66% (Aug 2026)
Expense Ratio 0.6%
Dividend Payout Semi-annual
Launch Date 18 Nov 2021
Fund Size SGD 124.8 million
Benchmark Index iEdge S-REIT Leaders Index

Top Holdings:

KEPPEL DC REIT 10.25%
CAPITALAND INTEGRATED COMMERCIAL TRUST REIT 10.04%
CAPITALAND ASCENDAS REIT 9.46%
MAPLETREE COMMERCIAL TRUST 8.32%
MAPLETREE LOGISTICS TRUST 8.30%
KEPPEL REIT 7.18%
SUNTEC REIT 6.16%
MAPLETREE INDUSTRIAL TRUST 5.83%
FRASERS LOGISTICS & COMMERCIAL TRUST REIT 5.75%
FRASERS CENTREPOINT TRUST 4.52%

 

Sector Allocations

Sector Allocations

Bar chart. Data table with 9 rows and 2 columns follows.

Sector Allocations
Industrial 35.22%
Retail 25.47%
Office 15.24%
Data Center 10.58%
Apartment 4.16%
Healthcare 3.72%
Hotel 2.33%
Student Housing 1.91%
Multi-Type 1.36%

 

Country Allocations

Country Allocations

Pie chart. Data table with 1 rows and 2 columns follows.

Country Allocations
Singapore 100%

 

Check out the latest data from the CSOP website directly here: https://www.csopasset.com/sg/en/products/sg-reit/etf.php

We also like this REIT ETF because it tracks the iEdge S-REIT Leaders Index, which includes some of the largest and most liquid blue-chip Singapore REITs.

The downside is its lack of track record, as it launched toward the end of 2021. The smaller AUM also makes this ETF less attractive because it may be less profitable and thus risk being neglected or shut down. However, CSOP has a strong track record managing other ETFs, so we don’t see this as a major concern.

 

Phillip SGX APAC Dividend Leaders REIT ETF

For more exposure to Australian REITs

Phillip Capital

Stock Ticker BYJ (SGD) / BYI (USD)
Dividend Yield 4.95% (Jul 2026)
Expense Ratio 1.67%
Dividend Payout Semi-annual
Launch Date 20 Oct 2016
Fund Size USD 7.19 million
Benchmark Index iEdge APAC Ex-Japan Dividend Leaders REIT Index

Top Holdings:

Link REIT 10.54% Hong Kong
Scentre Group 9.47% Australia
CapitaLand Integrated Commercial Trust 8.24% Singapore
CapitaLand Ascendas REIT Trust 6.81% Singapore
Goodman Group 6.25% Australia
Stockland 5.89% Australia
Vicinity Ltd 5.27% Australia
GPT Group 4.70% Australia
Dexus 3.75% Australia
Charter Hall Group 3.71% Australia

 

Sector Allocations

Sector Allocations

Doughnut chart. Data table with 5 rows and 2 columns follows.

Sector Allocations
Diversified 30.91%
Retail 42.09%
Industrial 12.13%
Office 9.77%
Others 5.1%

 

Country Allocations

Country Allocations

Doughnut chart. Data table with 3 rows and 2 columns follows.

Country Allocations
Australia 49.08%
Singapore 37.82%
Hong Kong 10.54%

 

Check out the latest data from the Phillip Capital Management website directly here: https://phillipfunds.com/phillip-sgx-apac-dividend-leaders-reit-etf/

Although this ETF has been around for more than five years, the AUM is still relatively small. The smaller AUM also makes this ETF less attractive because it will be less profitable, increasing the risk of neglect or closure.

 

UOB Asia Pacific Green REIT ETF

For environmentally friendly REITs

UOB Asset Management

Stock Ticker GRN
Dividend Yield 4.30% (Mar 2026)
Expense Ratio 0.45%
Dividend Payout Semi-annual
Launch Date Nov 2021
Fund Size SGD 22.72 million
Benchmark Index iEdge-UOB APAC Yield Focus Green REIT Index

Top Holdings:

CAPITALAND INTEGRATED COMMERCIAL TRUST 7.34% Singapore
SCENTRE GROUP 7.10% Australia
LINK REIT 6.61% Hong Kong
VICINITY LTD 6.51% Australia
STOCKLAND 6.38% Australia
GPT GROUP/THE 5.98% Australia
JAPAN METROPOLITAN FUND INVEST 4.21% Japan
DEXUS 4.13% Australia
MIRVAC GROUP 3.20% Australia
GLP J-REIT 3.07% Japan

 

Sector Allocations

Sector Allocations

Bar chart. Data table with 7 rows and 2 columns follows.

Sector Allocations
Retail 32.99%
Diversified 34.36%
Industrial 14.71%
Office 10.79%
Hotel Resort 3.71%
Operators 0.75%
Residential 0.42%

 

Country Allocations

Country Allocations

Bar chart. Data table with 6 rows and 2 columns follows.

Country Allocations
Australia 38.45%
Japan 24.4%
Singapore 24.92%
Hong Kong 6.61%
India 2.68%
Philippines 0.68%

 

Check out the latest data from the UOB Asset Management website directly here: https://www.uobam.com.sg/our-funds/highlights/uob-apac-green-reit-etf/index.page

This ETF’s main attraction is its focus on environmentally friendly REITs across Asia and Australia. If you support the ESG movement, you may want to consider this ETF.

 

What are the risks of investing in a REIT ETF?

One risk of buying a REIT ETF is that you only buy the biggest REITs. Buying only the largest REITs usually means paying higher prices. To be part of an index, the REITs need to grow bigger. You may miss the undervalued REITs if they are still relatively small.

Because the REIT ETF is just a basket of REITs, you also inherit the risk of investing in real estate in general. REITs are usually highly leveraged and sensitive to interest rate changes.

 

If you are an investor who believes in real estate but does not want to manage your REIT portfolio actively, these REIT ETFs can be a good option for you. These ETFs provide consistent dividend payouts without requiring you to stay up to date on individual REITs.

 

Disclaimer: The information provided here is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort.