2019 is an extremely bad year for IPOs in Singapore. Source: Shareinvestor.com There were only a pathetic 11 IPOs of which 7 were available to the investing public. For retail investors who can only apply for the shares through the ATM, you will realistically be able to get Lendlease, Prime US Reit, Eagle Hospitality Trust and ARA Hospitality Trust USD.  Few takeaways: Hospitality Trusts