Recognised as a global REITs hub, Singapore is the largest REITs market In Asia (ex Japan). Combined, the 41 REITs and proeprty trusts listed in Singapore has a market capitalisation of over $101 billion and accounts for over 10% of Singapore’s overall stock market.
As of 3Q2025, Singapore’s REIT market has delivered a return of 5.9% p.a. For investors who want to invest in REITs for dividend income, there are multiple S-REITs you can consider. Among them, Mapletree Investments manages the 3 S-REITs – with a combined market capitalisation of nearly $20 billion – representing about a fifth of Singapore’s REITs market.
Read Also: Complete Guide To Start Your REITs Investing Journey In Singapore
#1 Mapletree Pan Asia Commercial Trust (SGX: N2IU)
Mapletree Pan Asia Commercial Trust (SGX: N2IU) is the biggest REIT in the family. With a portfolio of retail and office properties in Singapore, Hong Kong, China, Japan, and South Korea, MPACT is the result of a merger between Mapletree North Asia Commercial Trust and Mapletree Commercial Trust in 2022.
MPACT’s key assets include VivoCity and Mapletree Business City in Singapore, Festival Walk in Hong Kong and a collection of office assets in China, Japan and South Korea.
MPACT ended the week trading at $1.46, an increase of nearly 19% in 2025. Currently, MPACT pays a dividend yield of 5.5%.
#2 Mapletree Logistics Trust (SGX: M44U)
With a market capitalisation of $6.6 billion, MLT (SGX: M44U) is the next largest Mapletree REIT. MLT’s property portfolio of logistics real estate is diversified across Singapore, Australia, China, Hong Kong SAR, India, Japan, Malaysia, South Korea and Vietnam.
In 2025, MLT’s share price rose over 2%, closing at $1.30. MLT currently pays a dividend yield of 5.8%.
#3 Mapletree Industrial Trust (SGX: ME8U)
With 136 properties under management, MIT (SGX: ME8U), listed back in 2010, has a market capitalisation of close to $5.8 billion.
A significant proportion of MIT’s portfolio has exposure to data centres in the US, following multiple acquisitions since 2017.
In 2025, MIT’s shares has declined nearly 8% to $2.70. Nevertheless, MIT continues to pay a dividend yield of 6.5%.
