Gearing ratio — total debt divided by total assets — is the single most important balance-sheet metric for a REIT. The MAS caps it at 50%, and REITs near the cap face refinancing risk, dilutive equity raises, and limited firepower for acquisitions when opportunities appear.

The S-REITs listed here all operate below 35% gearing, comfortably below the regulatory cap and the sector median (~40%). They sacrifice some return-on-equity efficiency for financial resilience — the ability to weather a downturn or seize an acquisition when others can't. In a high-interest-rate environment, low gearing is a genuine competitive advantage.

# REIT Price Gearing Yield P/NAV Sector
1 Sasseur REIT S$0.685 25.4% 8.96% 0.86 Retail
2 AIMS APAC REIT S$1.670 26.8% 5.86% 1.31 Industrial
3 NTT DC REIT US$0.935 29.2% 8.11% 0.82 Data Centre
4 Centurion Accommodation REIT S$1.140 31.0% 5.74% 1.31 Hospitality
5 Far East Hospitality Trust S$0.585 33.4% 6.32% 0.67 Hospitality
6 Frasers Logistics & Commercial Trust S$0.965 33.7% 6.17% 0.86 Diversified
7 Mapletree Industrial Trust S$1.920 34.0% 6.77% 1.18 Industrial
8 Parkway Life REIT S$4.140 34.2% 3.69% 1.64 Healthcare
Disclaimer: This page is generated automatically from public data on Singapore REITs (S-REITs). Numbers reflect the latest daily sync from official sources and are provided for informational purposes only. Nothing here is investment advice. Always verify data with the REIT's own investor-relations disclosures before making any investment decision. Rankings are based on the metric described in the intro and may change as prices and fundamentals move.